EthereumLong
Keeping it SIMPLE
Most all traders have brushed up on their Fibonacci levels. Some like the 61.8% retracement for entries. Others like to use them all and clutter their charts with lines every 0.5 points. I like to keep it SIMPLE and admire the beauty when price just respects the halfway point of the 50% retracement. I noted this in another post a few days ago about ETHUSD setting up a potential breakout. That consolidation did not lead to a trade but price was definitely showing respect for the 50% level at 467.67. Sure enough I wake up today to news that Ethereum is over 500 and it all launched off that level. Beautiful!
ETHUSD setting up a potential breakout. That consolidation did not lead to a trade but price was definitely showing respect for the 50% level at 467.67. Sure enough I wake up today to news that Ethereum is over 500 and it all launched off that level. Beautiful!
"Be to others the person you needed to meet 10 years ago"
Discord Trading Community: discord.gg/eDfhKvS5AC
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Discord Trading Community: discord.gg/eDfhKvS5AC
Youtube: youtube.com/c/NoroksNotepad
Twitter: twitter.com/noroktrade
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