ETHUSD - Triangle target front ran?
Update on Ethereum from my last post.
ETH, along with the market is showing bullish strength after yesterday's dump. My target below was lower than what we got, swiftly reclaiming the range eq of the descending channel.
I'm fine getting front ran or my target not reaching - the idea was that we dump from the triangle, which we got.
I was however looking for a long entry on this dump and might have got front ran here, time will tell unless this level doesn't hold. Putting in potentially a nice retest of the market structure break almost across the board (BTC,ETH,Alts).
I need to see follow through soon on this move up if it's going to convince me of a rally, not yet 'bullified' personally.
Stay frosty!
V
ETH, along with the market is showing bullish strength after yesterday's dump. My target below was lower than what we got, swiftly reclaiming the range eq of the descending channel.
I'm fine getting front ran or my target not reaching - the idea was that we dump from the triangle, which we got.
I was however looking for a long entry on this dump and might have got front ran here, time will tell unless this level doesn't hold. Putting in potentially a nice retest of the market structure break almost across the board (BTC,ETH,Alts).
I need to see follow through soon on this move up if it's going to convince me of a rally, not yet 'bullified' personally.
Stay frosty!
V
Vatsik
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