Weekly momentum remains bearish while daily momentum is bullish.
Wave Pattern shows possible wave 3 completion on 1/25/21.
When daily momentum flips bearish to align with weekly momentum, we will look for the next entry signal (red down arrow on the daily price chart).
Our price target is the .618 and the 20 day ema.
The bot is set to immediately execute this trade.
This isn't saying I'm long term bearish on ETH and the price could go up.
But I do see a high probability for a quick trade opportunity coming up to the down side.
Wave Pattern shows possible wave 3 completion on 1/25/21.
When daily momentum flips bearish to align with weekly momentum, we will look for the next entry signal (red down arrow on the daily price chart).
Our price target is the .618 and the 20 day ema.
The bot is set to immediately execute this trade.
This isn't saying I'm long term bearish on ETH and the price could go up.
But I do see a high probability for a quick trade opportunity coming up to the down side.