Please see chart for details. This is not a bullish setup, DO NOT try playing this on buy side. Rips are to be sold, strong downside incoming. If you want to trade this, only play on sell side!
Good luck, traders!
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this is no longer valid, will post relevant update for ETH and BTC later today.
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yes, I do post setups, that fail sometimes, however noone's loosing money here, if you don't have any setups, you don't make any money in this market. So, yeah, if you don't like it, feel free to gtfo! This is free analysis and I'm not making any money by sharing this.