Ether ABC correction seems pretty done.
We have decent volume on the June 13th weekly candle.
Having no clear sign of inversion so far, cannot rule out a further drop closer to 800$ area.
Yet scenario is already favourable for a Long trade, in my opinion.
* TP #1 1700/1800$ area
* TP #2 2500$ area (depends on BTC outcome, to be re-evaluated)
Estimated 3-6 months.
To be re-evaluated.
We have decent volume on the June 13th weekly candle.
Having no clear sign of inversion so far, cannot rule out a further drop closer to 800$ area.
Yet scenario is already favourable for a Long trade, in my opinion.
* TP #1 1700/1800$ area
* TP #2 2500$ area (depends on BTC outcome, to be re-evaluated)
Estimated 3-6 months.
To be re-evaluated.
تعليق:
Watch it now.
تعليق:
Still struggling under 1280$.
تعليق:
It was about time, Ether.
تعليق:
1631$ high
تعليق:
D timeframe: rising wedge, high TD count, bearish divergence, falling volume.
Crossroad scenario: ETH needs a further impulse soon, or a correction would likely loom. We'll likely know within 2-4 days.
Pretty similar picture on BTC.
Crossroad scenario: ETH needs a further impulse soon, or a correction would likely loom. We'll likely know within 2-4 days.
Pretty similar picture on BTC.
تعليق:
Close, isn't it ?
Let's see.
Let's see.
تعليق:
Support area down to the 1250$ mark.
تعليق:
And bounce back over 1700$.
First target area mentioned in OP is finally reached.
It took a little more than one month.
Enjoy, handle your profit.
First target area mentioned in OP is finally reached.
It took a little more than one month.
Enjoy, handle your profit.
تعليق:
Watch that pennant/flag.
That's the door to 2k for Ethereum, if confirmed.
Problem is that if it gets negated -AND- price breaks short term support it may get ugly quick. Volume down and divergences recommend caution.
Remember there's no safety net here.
That's the door to 2k for Ethereum, if confirmed.
Problem is that if it gets negated -AND- price breaks short term support it may get ugly quick. Volume down and divergences recommend caution.
Remember there's no safety net here.
تعليق:
At support.
تعليق:
Few time left for a 2k attack, from above support..
Failing that it's a matter of few days before bears take the initiative.
Further sideways or a move on low volume would accelerate the outcome.
Failing that it's a matter of few days before bears take the initiative.
Further sideways or a move on low volume would accelerate the outcome.
تعليق:
Trying to breakout.
Pretty stretched though.
Trying to breakout.
Pretty stretched though.
أغلقت الصفقة: تم الوصول للهدف:
First target reached close to the 1800$ mark.
Partial profit taken at 1810$, slightly less than +50%.
Partial profit taken at 1810$, slightly less than +50%.
تعليق:
Zooming out.
Pretty tricky, still diverging till 2k is pierced.
Pretty tricky, still diverging till 2k is pierced.
تعليق:
rejection at 2k, sitting at resistance.
تعليق:
تعليق:
Watch it.
It's attacking MA20/W, whic is the KEY resistance.
It's attacking MA20/W, whic is the KEY resistance.
تعليق:
If it breaks through, avoiding a further rejection here, t's likely to push towards 2/2,4k area first place.
تعليق:
Failed.
Now close to the 1400$ area retracement limit i painted on the original chart, albet late. Bids are waiting.
Now close to the 1400$ area retracement limit i painted on the original chart, albet late. Bids are waiting.
تعليق:
First bid filled @1408.
Taking back the burden of part of the lots sold above 1800 in august.
Taking back the burden of part of the lots sold above 1800 in august.
تعليق:
ETH has a chance to bounce if 1400$ pivot holds.
4H:
4H:
تعليق:
invalidated by loss of 1400$
تعليق:
Bid at 1280$ unfilled.
Shame.
Shame.
Mind that. More to come.