KRAKEN:ETHEUR . A setup for a perfect two step pattern. AB equals CD. Low of CD overlaps precisely extension 1.618 BC. Target 622. Stop 970.
www.tradingview.com We just had a trade trigger ETH/USD at $148.. There was a so called 100 line bounce on the 4 hour chart. The CCI 50 ( red) stayed above the 100% line and the CCI 6 (yellow) crossed the zero line down and up. Very reliable trigger. Target will be $180 and place your stop at $140 The $180 level is the end of the 2 step which works like a magnet....
www.tradingview.com A perfect 2 step is in the making. The distances A-B are equal to C-D. Level D is at level $184. Level $184 coincides with the fibonacci level 1.27 from the levels B-C. Usely the two step level acts like a magnet. Before we reach that level we have to pass the level $154. Also a keylevel were target, green line (result of 1.27 time...
Hi traders, The short term bearmarket is over. Yesterday we had a long signal at $125. Still time to buy at a little bit lower price. The first target is $143 and next level is $154. After that $184. Place a stop at $100 and you are all set. In this way you won't be be swayed by the issues of the day. Sit back and relax, wait and see.
The uptrend has not been violated ( red arrows) and the target 1.618 has been reached from the retracement levels ( blue arrows) on the same level (1339). So untill now the uptrend will continue.