Accumulation/Distribution...
Thoughts? Please share :)
Thoughts? Please share :)
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There is a mistake on this chart I spotted now, after ST in phase b there should be similar movement like in phase B, a small upswing that will slowly fade and keep on correcting down, until we enter phase C and see the spring, so there are some time inbetween there.
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This translates into that after "ST in phase b" we should see a corrective wave up to the AR resistance area then fade down into the spring.
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As i said in my other chart, this rally was POOP.
that means that ST in phase B can go much deeper., this means that the spring is a bit deeper as well. I will try to pinpoint these zones. My guess right off the bat is that we will have a secondary test that closes below 100€ and we will see the spring at my targets from my chart "ethereum perfect harmony" Looks legit for now.
This means that we can set buys at 67-75€ range when rest of market is scared
that means that ST in phase B can go much deeper., this means that the spring is a bit deeper as well. I will try to pinpoint these zones. My guess right off the bat is that we will have a secondary test that closes below 100€ and we will see the spring at my targets from my chart "ethereum perfect harmony" Looks legit for now.
This means that we can set buys at 67-75€ range when rest of market is scared
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Possibly,
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Same theory
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Last one,
its gonna either of these two, don't know what to expect really, need to see some more action :)
its gonna either of these two, don't know what to expect really, need to see some more action :)
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a slow grind down might be the easiest way for them to make people really nevous about investing rather than a steep drop down, because they want to buy as well :-)
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Break or Fake?
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Which cookie do we choose?
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Same kind of scenarios keep popping up for me
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today will be interesting day :)
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Trade active:
Going long a bit. Lets see how it goes
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Just FYI as i mentioned earlier, the recent low of 88€ could be one of the secondary tests, which means it's possible that we will have another dip. We need to see more followthrough here.