Technical analysis by Patrick2707 about Symbol ETH: Buy recommendation (8/9/2024)

As you can see when took out some HTF sellside and we are currently trading back above our annotated level. Let's see where the market wants to go from here...Overall plan remains the sameIF we reclaim and hold above 2.5K expect some further pa towards 3K. IF we fail to hold the current highs we should revisit the HTF sellside sitting around 1.8K TRADE THE MARKET...THE REST IS JUST NOISE and like we noted last time...'don't be fooled by all the news titles and everyone calling recession this...recession that...WE TRADE THE CHARTS AND THE MARKET...No silly titles and overhyped sensations...' Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not constitute financial advice in any form.