What you see here is a gartley harmonic and a ABCD pattern.
I expect ETH to decline back below 3k to test those levels again.
Confluence:
- .786 ( X - A )
- 1.272 ( B- C )
- Big support block flip into resistance
Entry on confluence: ~ $3560
Stoploss validation above confluence ~ $ 3650.
Target:
$ 3K minimum.
ETHUSD
I expect ETH to decline back below 3k to test those levels again.
Confluence:
- .786 ( X - A )
- 1.272 ( B- C )
- Big support block flip into resistance
Entry on confluence: ~ $3560
Stoploss validation above confluence ~ $ 3650.
Target:
$ 3K minimum.
ETHUSD
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