ETH Buy the Dip Zones
2025-01-10
Category: None

ETH daily chart has a blood diamond. We typically see a continuation of the down trend in the 4-6 candles following a blood diamond. 

We broke down out of the H&S on daily. If we close here today and we will need to see where we open tomorrow and see if we confirm the H&S.

My down trend targets are shown on the chart. I will be looking to take longs in the lower zones. What I'm doing is placing limit orders at the 3 SD level as I expect for us to bounce in 1 week time frame although I expect us to wick down deep. 