- clear correction! - sitting at supp but im inclining to more downside - i will be looking for the first supp level to get the bounce in and go long
- on HTF this can be the start of the retracement or it can still have another impulse move up to finish - if its a correction we go down to at least 0.24-0.25, with max level at 0.155 - 0.18 - if we still move up mtf is showing 0.4 is the key area to BACA the higher targets are marked
flipped reisstance to supp, buying small here, targets are marked
- in a consolidation penant - needs to break reclaim 0.023 to go up more - if 0.016 supp is lost it will go down to the boxes targets
- parabolic move is now retracing - interesting supp levels are marked - neckline supp at 0.014 will provide a bounce worth bidding - full retracment possible at 0.01 level and untested daily demand zone
- sitting at support - selling pressure is fading - i dont see it loosing 15-16 - so one can start dca-ing - short term targets are marked in green
- now over key trendline - if it starts riding on it, expect for upper targets to get tested - if its lost lower supp areas are good reload zones
- is in a consolidation formation needs to get over 0.236 fib to test the main resistance at 201 sats - over that the next impulse wave targets are marked - when breakout im confident on hitting 1-2-3, maaybe 4th target, after that some correction is needed
started the new impulse wave up - get in while you can
- daily looks great - i would bid the pullback to the 8684 - 9338 supp - one can buy small here, and keep ammo to add on the R/S flip or a pullback
- it needs to clear the blue line to go for the targets - red line would be cut level - green lines are short term and mid term targets
- starting the last impulse move up after consolidation - 0.66 supp and 0.236 fibs is looking solid - so if it bounces BUY - ideal entry around 0.062
- it looks like a bullish engulfing - but we can see 0.236 fib and trendline resistance and horizontal at 60 sats - need a R/S flip!
- in the makings for a new parabolic move up - needs to flip 0.025 to really start moving! - if already in the trade under 0.018 i would cut it - possible targets marked in green
- hitting some resistance on the daily - expecting a pullback and more upside - targets are marked in green - closes under 0.0085 i would cut the trade
- diagonal supp held during the seloff - there was a small untested demand zone that gave the volume for the bounce during asian session - now ETH needs to get over 1180 to show any interest for new buyers (the asian session bounce traders are in a good position atm) - 1238 is the key level to get over for me to be really interested or to go short if i see a...
on the weekly the 0.5 fib level where W5 corrects to is right at the 21ema and we all know the rules of a bull market, 21 ema weekly needs to hold