Possible ETH Divergence

25 Ağu 2017

It appears that ETH has formed a divergence line which could be an early indication of a reversal.
As long as ETH fails to create a new high with the RSI indicator, we will likely see a correction.

My short order will be placed at about $322; immediately after a break in the trendline.
Final target is set at $292.

Once we have a confirmation of reversal, additional profit levels will be posted in the comments below.

Wish you all luck!

25 Ağu 2017

İşlem aktif

Divergence still applies.
Short entered early at $336.
First Target of $328

26 Ağu 2017

İşlem aktif

Profit Levels are set at the .5 & .236 fib extension levels.
Wish you all good luck.

26 Ağu 2017

İşlem elle kapatılmış

Trailing stop/loss of $330 has been hit.
Will likely re-enter if we break the strong support of $324.5