Shorter time frames have proven advantageous these past few days.
Again, the setup looks fairly simple - with a possibility of it being ruled out if it continues trending to the downside. HOWEVER - the way momentum is playing relative to price action, I've been catching some of these bull traps out here preemptively.
Similar to my LTC H&S formation (see the link to LTC) on the 15 (BITS) - the ETH half hour time frame is proving to look an awful lot like so.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.