ETHUSD retrace watch: Etherrium hit targets + buy again zones

تم تحديثه
Quick short term outook with support zones worth watching.

This is a follow up to my expected top (which was surpassed by a blow off top and thus the large retrace)
ETHUSD study of Elliot Waves and Fibonacci: Etherium waves


ملاحظة
ETH might be starting an impulse off my first support zone لقطة
ملاحظة
Just hit first resistance and was definitely noticed لقطة
ملاحظة
Go ETH. It may have confirmed previous resistance as new support. Check out the EXACT bounces on the red zone, the boundaries of which were clalculated from Fib Ratios لقطة
ملاحظة
Another EXACT bounce لقطة but is a bit concerning for bull view. Ideally it should not have come back to it at all. Each time it is hit, it will become weaker. Next approach will probably go right through. So bulls need to pull away from it as quickly as possible.
.
.
ملاحظة
Here it comes again, lets see if it holds a third time لقطة
ملاحظة
Rut Roh لقطة let see if it can come back into the red zone quickly. If not, it will fall quite a bit more
.
ملاحظة
Oh boy, an exact bounce on same line only in OTHER direction. لقطة I would not be surprised to see price come back up and test the LOWER boundary and if it rejects from it, down we go.....

.
ملاحظة
Bad sign for bulls, could not even retest bottom of zone لقطة :(
.
ملاحظة
This should be the last test of this support. either it Bounces like a Beast or Sinks like a Stone لقطة
ملاحظة
Rut Roh, this recent support zone is now at risk of turning into Resistance لقطة
ملاحظة
My ''Ideal Entry'' zone looking better and better لقطة
ملاحظة
Just spotted a new possible support zone before my Idea Entry zone لقطة
ملاحظة
Here we are, limit buys picked up لقطة
Elliott WaveFibonacciSupport and Resistance

the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag

منشورات ذات صلة

إخلاء المسؤولية