TradingView
auroraspot
Feb 2, 2018 11:14 AM

50% Fib Retracement of ETH from July 2017 Low Long

Ether / EuroCoinbase

Description

ETH reached 50% retracement of the move from July 2017 Low to the most recent Top. It is a good opportunity to enter the market, especially for people who didn't suffered significant losses durring the January downturn.

Comment

The market overextended to the downside below 500 (61.8% fibo retracement) but it is again back on track.

Trade closed manually

Trade closed with 5% profit. Waiting for better entry opportunity for the next position in ETH!
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