Ethereum is seeing a nice surge from the recent low at around $168. I believe it will continue a steady pace forward and ideally it will test the top of the trend line where the .618 fib is at, around $583.48. We are nearing resistance now and do expect ETH to retest support along the way, so no need to FOMO in now.
How I plan to trade
ETH:
I already took some profit off the table around $250, and will buy back in at support test around $230. I have additional sell orders at the .236 ($327) and .382 ($425) fib
About me:
I am a professional trader with over thirteen years of trading experience. I am fortunate enough to have had the opportunity to retire at age thirty, and I now trade for pure amusement. I love the crypto community, and would like to further flourish within it by helping any newcomers learn to trade and invest, and adopt a crypto currency lifestyle. If you found this chart helpful, please give it a like and follow me on Twitter.
Thank you,
Mike, the OMEGA Trader
How I plan to trade
ETH:I already took some profit off the table around $250, and will buy back in at support test around $230. I have additional sell orders at the .236 ($327) and .382 ($425) fib
About me:
I am a professional trader with over thirteen years of trading experience. I am fortunate enough to have had the opportunity to retire at age thirty, and I now trade for pure amusement. I love the crypto community, and would like to further flourish within it by helping any newcomers learn to trade and invest, and adopt a crypto currency lifestyle. If you found this chart helpful, please give it a like and follow me on Twitter.
Thank you,
Mike, the OMEGA Trader
Disclaimer
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.
Disclaimer
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.