TradingView
tjpezlo
Dec 22, 2018 4:02 AM

Rise of ETH  Long

Ethereum / BitcoinBitfinex

Description

I have to admit, I've been bearish about ether but chart says otherwise. Also not the best looking gartley pattern but RSI reinforces this pattern.

Comment for feedback, thanks

Not a financial advise.

Comment

Finally, it moved favoring the direction of this trading idea. Congrats to those who traded. However everyone must be informed that ETH has reached a critical decision point which would determine which trend it is going to take. My take is that its still favoring the bulls. Below is my previous map for eth. If green line breaks as a resistance, bullish call to 200% is confirmed. If resistance holds and rejects the rally we will likely see a cheaper eth.

Let me know what you think. Your comments are valuable.

Comment

*Blue line not green.

Comment

Ether bulls have decided. Bullish bat confirmed.

Comments
Crysiix
hey thanks for the idea :) I was long on this before you posted and it had the dip today which got me worried. luckily i held on and it pushed through back to bullish!
tjpezlo
@Crysiix, Keep your winners :)
More