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Ethereum

ETH - D1 Target hit

By vOidca
Yoyoyo, 123$ D1 target hit, this looks interesting.

  • Highest volume of the entire year, capitulation ? (even higher then dec. bullrun)
  • We hunted some stoploss/$liquid.$$ below 123$ and had a major rejection to bring us back above 123$.
  • 1 Hammer formed on nov 23, an inverse one is forming today ? (need confirmation at D1 close)
  • Fib Retracement looks good around 0.5 - 0.618 but we need volume first.
  • The longer we stay at 123$, the worst it will get.


R/R is definitely interesting, hmm...
d1ETHETHUSDtargethitTrend Analysisvoidca
vOidca
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