ETHUSD - Adam & Eve confirmation above $115

28 Kas 2018

This pattern doesn't appear often because stop runs make uneven bottoms or because a higher low rather than equal bottoms is much more attractive as far as cups going ups is concerned.



Quite the price point to be at. There is a chance that a failed breakout will mean new lows, which is dangerous for Ethereum if its $100 psychological support is not held again. It would be a fat short down to something ridiculous. Maybe $12. Lol!

29 Kas 2018

Not

Seems to have been rejected by previous D3 open.



Ideal case would be for it to bounce off of range EQ and retest D3 open instead of dropping again and again.


H4 or higher candle close above $128 would likely establish range higher, then higher, then liquidation run stop pause back down. Unclear on a long target exit...