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Aerot
Jun 8, 2016 2:48 AM

ETDoom 4H Update Short

Ethereum / BitcoinPoloniex

Description

Currently sitting at .618 fib retrace of prior downward move.
Looks to be an internal wave 2; if this is correct our next downward move should be brutal.
Could move a bit further - Invalidation @ larger degree wave 2 ( ii on chart )

Divs on lower time frames make me think this is beginning to come to an end, but we will see.

*Notes:
- Hidden bear divergence on RSI (lower high price, higher high indicator) => continuation divergence

Comment

Looking for possible .027-.028 area

Comment

might be time to head towards 3

Comment

LEL.
Comments
pacodude78
who are these fools commenting up
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