My latest posts on ETH was to see a falling wedge breakout to the upside when price was trading around 3.5k
At the same time I was shorting the pivot points inside the wedge
Chart patterns are fine to use here and there but in all realness Market Cycles overpower when using true price action analysis.
I had a hunch price would fall lower at the time but was trying to force a bullish bias which is bad, and could have let the positions run for longer.
Now that we’re at a major support level I would like to see some type of accumulation pattern/consolidation before we make a call for 3k
Market Horizon:
Looking to see a market-wide bounce in the months of April, possible pullback/selloff in May. For now we wait🧘️