Another ascending scallop forms on eth 30 min

20 Nis 2018

Here's an annotated ascending scallop, with price targets on Eth.

21 Nis 2018

Not

This scallop busted an upwards breakout, then double busted by failing to move much lower at all on the downbreak.

That means that if we can move first to the handle - $609.71, and then above the confirmation line at $621.97, we could see a powerful move up.

I'm expecting whipsaw.

21 Nis 2018

Not

So just to be clear, this is already a double busted scallop.

We have to see whether we breakdown or up.