Brief look at eth over the short term (briefly up then down)

18 thg 1, 2021

Quick look at Eth on the hourly timeframe shows a fractal repeating that previously ended by jumping up before correcting to a previously indicated price point. Personally I will be trying to get out of my longs and setup shorts in anticipation of what the chart shows. The pattern shown here is similar to the pattern I drew in September that indicated the Oct correction which started the current bull run. The reason this is worth noting is because last time I drew this pattern, the price dropped to my lowest price points, which personally I did not expect to be reached.