I don't see any negative fundamental news that could drive ETH prices down. First take profit target would be near 0.618 fib.
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It's a good time to buy if ETH pumps up big at this time. If a long green candlestick appears, buy!
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In 3min TF, that gravestone doji and that volume! A pump. But will it be good enough to raise the prices? We'll see in the next few candles.
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DMI red line shows that selling pressure is decreasing
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signs are good. I see green candlesticks with huge volume.
DMI red line says selling pressure is subsiding.
DMI red line says selling pressure is subsiding.
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For better buying confirmation, look at the most recent candlestick to finish using 1hr to 4hr timeframe
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Alts falling coz BTC is rising
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Could this be the reversal?
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Demand is strong. I bought at .077
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Or breakout above the triangle and shoot for the stars?
DMI is looking bad at the 1 hr time frame as sellers begins to takeover. However, let's see how this story goes.
Just watch out for huge buying volume or pumps to happen at the bottom of the triangle.