$ETH :: Entry + Two Targets
Güncellendi
Picked up 
ETH on a recent bounce off support. Plan on riding our trend to two targets, both reinforced by resistance lines established over the last two months and fib retracements - looking to pull profits out at each target.
We could see a slight pullback overnight as the 1/2/3/4 hour RSIs are topped out, looking to bounce off our support and jump start a run. Daily RSI supports our decision, nearly bottomed out telling us it's oversold. Keep an eye out to make sure we don't break below our trend line - *especially if BTC goes on another run or sees significant pullback leading into the next to hard forks*. The safer play would be to wait for an additional confirmation, bouncing up and over our minor resistance around $320; but what's the fun in that? :P Situation is definitely fluid.
Buy: $310
Safer Buy: $320 (waiting to break a minor resistance + fib line)
Target 1: $349
Target 2: $394
Stop: Trailing stop along trend line, stopping out once we break South and close beneath the trend line.
Trade at your own risk, not trade advice. #DYOR
ETH on a recent bounce off support. Plan on riding our trend to two targets, both reinforced by resistance lines established over the last two months and fib retracements - looking to pull profits out at each target. We could see a slight pullback overnight as the 1/2/3/4 hour RSIs are topped out, looking to bounce off our support and jump start a run. Daily RSI supports our decision, nearly bottomed out telling us it's oversold. Keep an eye out to make sure we don't break below our trend line - *especially if BTC goes on another run or sees significant pullback leading into the next to hard forks*. The safer play would be to wait for an additional confirmation, bouncing up and over our minor resistance around $320; but what's the fun in that? :P Situation is definitely fluid.
Buy: $310
Safer Buy: $320 (waiting to break a minor resistance + fib line)
Target 1: $349
Target 2: $394
Stop: Trailing stop along trend line, stopping out once we break South and close beneath the trend line.
Trade at your own risk, not trade advice. #DYOR
Not
Cleaned up the visual a little bit...İşlem aktif
İşlem kapandı: durdurma seviyesi
Stop hit, safe entry never reached.However, we seem to be in the 2+ month sweet spot showing accumulation around the 50% fib line. It may be worth placing a bet for a possible alt run beginning this coming week. Otherwise, next support looks to be around $287 with another major support around $275 on the trendline.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.