Ethereum
Bearish EW not complete yet.
Note
We are getting near that green zone, but I think long-term is a bit too much. It will make for a good scalp though, below that big yellow trend line things get really bearish.Note
Buy ETH on this yellow line! Hold for some good profit 520>700?Note
Buy range is from 400-520 USDTrade active
Buy zone hit and reversed up. This should be a trade not longterm investment.Note
Perfect reversal from BUY zone, would be good to take some partial profit here!Note
As in this prior comment, this was a TRADE and not investment, it bounce nicely but broke down again, don't forget to take profit in this bear-market! Breaking down again on this bottom line was a crucial support and means the market is quite bearish as to say.Note
Next ideal buy is 400 USDNote
Buy 400 Sell 470-475Note
400 failing to hold, take loss, next buy is 285-300 USDNote
ETH heading for 300 USDNote
Well seemed it did follow the chart after all..Note
ETH might want to test 588 USDNote
Retest range is between 564-588 for now.Note
We hit resistance here!Note
ETH was able to break resistance here and this has become buy support now.Note
ETH could be heading to 845 USDNote
Broke the yellow hype cycle! Bearish formation
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.