ETH short-term outlook

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ETH since the significant pump has been bouncing off the 200 period ALMA.

We are currently squeezing hard on the 4H.

If we break out of this ascending triangle a strong uptrend is expected.

However, if the 4H chart closes below the 200 ALMA for more than 2-3 candles then it would plummet.

Stay safe, traders.
Nota
we are riding there as expected from my TA. Let's see if it gets rejected again
Nota
Watch this very close guys.
Nota
Called it. Enjoy the ride!
Arnaud Legoux Moving Average (ALMA)Moving AveragesSupport and ResistanceTriangle

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