ETH moon shoot temporary retreat = rerally at 1520

An head-and-shoulder pattern is forming at the record high. VPVR shows strong support at 1520, but 1500 psychological line might be retested.

Note

Head-and-shoulder still developing. If the 1518 support is broken, definitely see it dropping to around 1400. If support holds, we can see a bounce back to ATH.

Note

Definitely seen a double top with ETHBTC, another confirming signal. BTCUSD is also dropping ATM.

Note

We've seen a massive flow testing the previous resistence level. Might breakout, or might be a fakeout.

Trade active

Shorting until the support line.

Trade closed: stop reached

Note

Still testing the 1640 line ATM. Waiting to see a clear trend.

Trade active

Entered longing position around 1660. Target 1800.

scottdeng

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scottdeng