ETH Made a great run and we cashed in profits on a trade from $132 entry to $160 Exits.
The $120 retest in confluence with a perfect double bottom made the $120 mark a great entry. However, we need to be careful here on FOMO as we completed a really nice 5 wave set/ Huge possibility of an ABC correction here with this current pump being the "B "
I would tread lightly and take profits when offered.
We need some confirmation if this will indeed be a continuation starting with a break of the current trending/trading wedge.
If an ABC or 12345 is confirmed we will see a retest of $100 proving another great entry point.
This is not the time to get into the trade. If you didn't get the $120 entry i suggest waiting for now.
The $120 retest in confluence with a perfect double bottom made the $120 mark a great entry. However, we need to be careful here on FOMO as we completed a really nice 5 wave set/ Huge possibility of an ABC correction here with this current pump being the "B "
I would tread lightly and take profits when offered.
We need some confirmation if this will indeed be a continuation starting with a break of the current trending/trading wedge.
If an ABC or 12345 is confirmed we will see a retest of $100 proving another great entry point.
This is not the time to get into the trade. If you didn't get the $120 entry i suggest waiting for now.