the bull flag got invalidated and price dropped below 50ema and closed a candle. so we will drop below 20 ema, and test the 200 ema at around 54-55 usd.
Note
TRADE CLOSED at 66.4 Note
56.44*Note
next stop: 54. sorry i forgot to post the head n shoulder pattern!
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perfect rebound off of 54 ;) congrats!
Now we are in a beautiful uptrend... only thing that would bring the uptrend is dropping below 55
Note
watch out for this fractal! Note
we will see a big move in ethereum in one hour! heads upNote
we should break upwards and test resistance of 200 EMA at 320. if we pass, wait till we reach 326 and buy..
then you can Start selling from 344.82 to 351.5.
and put your stop loss at 310 if the hourly chart closes a candle below 310.
lets see!
Note
RSI has to bounce from overbought, MACD is closing in and about to start a small bullish divergence. and we will slowly rise to test the 20 EMA in red, at around 345... we will fail and continue our painful downtrend.. hold on guys! the bloodbath is almost over, but that doesn't mean we won't drop again. we have to drop if we want to go up. #stay_realistic
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looks like bullish wedge got invalidated as expected. Due to lack of volume! that's why its always wait to confirm the breakouts :)things are looking nasty right now! we haven't dropped much, but 200 ema failed as support... ETH has to spike asap or we could be looking at the next bloodbath xs
stay safe!
Note
and ETH spiked again :) if it gets inside that wedge, i'm buying.
it should get inside because we have alot of support now :)
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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.