ETH Setup

٢٤ سبتمبر ٢٠٢٠

Provided we stay above 280's, this offers the absolute best pullback to get long with clear invalidation. The similar pattern to the left was the market in the process of looking for a bottom so I don't expect to see a bounce continuation lower as price played out from Aug/Dec of last year but the inverse with the market moving higher. If the Bull market is intact and the SPX bottoms around 3200/3190 then crypto should see a bid and move in unison. An entry around 300/280 gives you a 40 percent discount from the highs. Good Luck