ETH has been falling behind in this recent uptrend and has had the strongest pullback so far from it. However, as BTC starts to correct, I am expecting the ETH pullback to slow down. We are at a key Fibonacci retracement area and are significantly oversold on the 4hr, with divergence in both RSI and CMF. Expect a bounce soon.
코멘트:
Please see original ETHUSD idea where this originated from:
코멘트:
30 min chart suggests that the correction up might be coming sooner rather than later:
매매 수동청산:
Ok this looking bad. If we don't this level very soon, we're in for much lower numbers. Since I don't actually actively trade ETH against BTC, only against USD, I will most likely not have many more updates for this pair. Check my ETHUSD post linked below for updates.
코멘트:
Good lord this is brutal. However, we if this hour closes where it is AND we start trading above it, I would say the bounce is in.
코멘트:
Still more brutal downturns. Here is the trend line you should be hoping breaks if you're a bull. If we fail at the 0.786 level, expect sub 0.5 ETHBTC
코멘트:
Here's a HIGHLY SPECULATIVE, yet interesting Risk Reward trade. Don't trade this pair myself, but interesting nonetheless, if you think the 0.718 fib level is going to hold
코멘트:
Well look at how this speculative trade is going. I would start moving the stop loss up to break even or in profit
코멘트:
Nice, you could have made 3% on this trade.
코멘트:
Looking like we broke up out of a bull flag
