ETH Falling Wedge breakout, needs to see follow through!
ETH perfectly broke the falling wedge from the last analysis:
Now we have to see follow through on this 4H current Bull Flag. Therefore the ETH bulls are going to hope for the BTC bulls to join them (which BTC is right now trying).
We're at a crucial zone in the direct correlation ETH/BTC, where the ETH bulls have to see a trend reversal, if they don't wanna become toast towards BTC:
Do you have a trading plan with sheets, or are you trading from your head? Do you revenge trade, trying to make the money you lost back immediately, taking huge risk, losing even more? Are you already making gains over the long-term, like a casino, or are you still losing huge amounts, because you have no idea what your strategy is? => Those are all important questions, where are I can help you with. Psychology is half the rent in trading, if you don't take it seriously, you will crush your account. I wish you a good trading! :)
Edgy is providing online mentorship & trading metrics only. We are not a financial advisor, nor do we hold any formal qualifications in this area. You're trading at your own risk. No matter what you do, please set your stop loss. Please be aware, that you can lose all your money on the online exchanges.
Now we have to see follow through on this 4H current Bull Flag. Therefore the ETH bulls are going to hope for the BTC bulls to join them (which BTC is right now trying).
We're at a crucial zone in the direct correlation ETH/BTC, where the ETH bulls have to see a trend reversal, if they don't wanna become toast towards BTC:
Do you have a trading plan with sheets, or are you trading from your head? Do you revenge trade, trying to make the money you lost back immediately, taking huge risk, losing even more? Are you already making gains over the long-term, like a casino, or are you still losing huge amounts, because you have no idea what your strategy is? => Those are all important questions, where are I can help you with. Psychology is half the rent in trading, if you don't take it seriously, you will crush your account. I wish you a good trading! :)
Edgy is providing online mentorship & trading metrics only. We are not a financial advisor, nor do we hold any formal qualifications in this area. You're trading at your own risk. No matter what you do, please set your stop loss. Please be aware, that you can lose all your money on the online exchanges.
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