Ethereum
Long
Updated

Re-Entering ETH again after previously selling all at 220 USD.

269
Slowly cost averaging back in (50%) with stoploss set at 115 USD, and continually observing the 3hrly chart as well.
Will enter with the rest once there are further confirmation from Cyber Ensemble + PRISM Oscillators.

Previous analysis.
Possible downward channel ETH is now in. 228 USD target?
Note
w-pattern, bullish accumulation..
snapshot
Note
Market structure destroyed by massive (black swan) fundamental move. TA will not work anymore, for now, until the structure resets -- i.e. need to wait for the market to settle down and stabilize at the new level (whichever it may be), then a new market structure can emerge for TA.

Might fall even deeper into a full blown depression, some analysts were saying.

"Blood on the streets.."
Trade closed: stop reached
Stopped out.
Note
More relevant to look at the S&P 500 chart for now:
A look at the S&P 500 Chart (weekly and daily charts)

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.