ETH needs to retest 700

14 мая 2018 г.

ETH has fared very well compared to its two brothers.
But it needs to retrace bit to that bulls can jump back on board.
$700 retest with a confident bounce should put us back on the uptrend train.

This is critical zone for ETH.
Holding the wave-4 parameters (bouncing from above wave 1) would give bulls confidence.
If it falls much below 700, then bears will be eyeing 600 as the extended wave C which currently seems to far away with too much support in between.

14 мая 2018 г.

Заметка

Just hit a few limit buys in that zone.
Nothing big, as I am prepared to buy all way down to 500.
But 700 might hold for a bit of a bounce

14 мая 2018 г.

Заметка

Still might bounce here, looks like back to original plan $600

15 мая 2018 г.

Заметка

I think ETH still has a shot at this.
But EU and UK will probably sell it first, to find support.

15 мая 2018 г.

Заметка

700 has to hold this time.
Otherwise, the deeper C wave looks possible.

20 мая 2018 г.

Заметка

Mission Accomplished.
Next resistance zone on chart.
They will be tough, probably will need reload first.