ETH (Y20.P2.E6).Not so good

10 мар. 2020 г.

Hi All,

I have ETH on its way to completing the descending triangle target (measured by the height of the triangle) to reach a major fib. level within the macro channel, as per chart.
It also equates to a region of major resistance and now support.

Target approximately $180 to $185.



Cheers,
S.Sari

10 мар. 2020 г.

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2 hrly has a nice bullish divergence. Just stalking this and some others for a short.

10 мар. 2020 г.

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Here is the weekly chart and note the 10/21 EMA ribbon. I have my stop limit right beneath it. If ETH drops below this, I'm out.
Why, the downward pressure will increase from this line. That is not saying it cannot bounce back up, but I'm not willing to take on more risk
FYI, I have no BTC, as I was out around 8400.

12 мар. 2020 г.

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Global markets all down. Crypto to be impacted.