OmgImTrader

Yellow arc resistance

OmgImTrader 업데이트됨   
POLONIEX:ETHUSDT   Ethereum / Tether USD
13
The price is expected to go down with the resistance provided by the yellow arc on my chart.
Once the arc is broken, ETH is likely to resume its uptrend, or at least stop falling and go sideways.
코멘트:
Possible longer term targets:
코멘트:
Sorry, the previous chart is not about longer term targets.
Here is it:

코멘트:
The arc is finally broken, so the short term downtrend is over.
cs4.pikabu.ru/post_i...08411_2073677123.png
코멘트:
LOL. Wrong copy-paste again :)
Here is the chart:
코멘트:
코멘트:
Possible long term scenario on monthly chart
코멘트:
So the downtrend seems to be really stopped after the arc breakout.
코멘트:
But there are still 7-10 days left before the longer term uptrend should resume, so for now sideways action is likely.
코멘트:
Watching daily bullish arc
코멘트:
Seems no sideways, but looks good anyway
코멘트:
The uptrend is accelerating after making new all-time high
코멘트:
The top is near. Current price is $273, possibly it will go to $280, the upper band of the long term channel. But if it breaks it up and holds above, we may see even higher prices.
코멘트:
Price is now 360. Going to 1000? Oh shi!
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