Post
milli63
ETH
5 waves up into supply is an obvious read for concern.
If the DATA was actually bullish Friday then the market wouldn't of found weakness into the close. IMO it's a bull trap.
ETH rejected supply last week. The obvious trend to this rally is the gold line. Once we break that the trend will be over. Bull case is a 50-61% retracement in the $1,950-$2,100 range.
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