ETHUSD
$700 reacting beautifully, I don’t have enough time to watch the markets as often as I did, but
I have a feeling there is a large correction looming in the near future. It needs PA confirmation for me to flip mid term bearish but the market is leaving inefficiencies in PA below.
In order for a organic healthy trend to develop these inefficiencies need to be filled, stops need to be taken and limit orders triggered. ETHUSD has already given a roadmap to follow making things much easier.
When price reaches and trades above ATH it will be hard to see the top but I think I have all the tools to find it.
When price rallies like this it’s hard not to get fomoed into buying but buying at these prices would be very foolish imo
I have a feeling there is a large correction looming in the near future. It needs PA confirmation for me to flip mid term bearish but the market is leaving inefficiencies in PA below.
In order for a organic healthy trend to develop these inefficiencies need to be filled, stops need to be taken and limit orders triggered. ETHUSD has already given a roadmap to follow making things much easier.
When price reaches and trades above ATH it will be hard to see the top but I think I have all the tools to find it.
When price rallies like this it’s hard not to get fomoed into buying but buying at these prices would be very foolish imo
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