neni_emsu

ETH Waves and trade recomendation.

Long
POLONIEX:ETHBTC   Ethereum / Bitcoin
-Hear the end of the first wave and possibly the beginning of the second which is expected to be 2 times the first. watch for break in resistance
range between of 0.08000191(stop loss set bit below this.) and 0.08130818 ( serves as confirmation for second wave).
-MACD indicating an increase in momentum as the lines go above the 0 though RSI indicates an over bought position.
-The second wave might make a move towards 0.08351413.
NOTE:
-Watch points carefully but remember to use at a range not an exact point and to trade at traders discretion.
-Keep in ind the risks of trading.
Good luck.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.