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ethhunter
Nov 8, 2018 6:35 PM

One Messy Ethereum Chart Long

Ether / EuroCoinbase

Description

Current thoughts !

To much info to put on a screenshot on my current chart, so im just throwing this out here.

Not the prettiest but it shows some interesting
stuff perhaps ...

Also includes my high oscillation area from my previous chart - ze twilight zone :D

Trade closed: stop reached

I got stopped out with with small profit. Lets see what happens with ETH...
Revaluating.

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Clear testing of the triangle breakout right now I might have been stopped out to early, lets see what happens

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Projection
Based of Trend, Resistance & support

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We keep on setting higher lows, have a feeling we could take off a bit more soon then move sideways a lot longer... a big move should happens soon enough(in either direction) tho im leaning bullish still.

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Buying back in with a SL just below 180€.
ETH is sneakily bullish but my assessment is that we might have limited upside. Still same targets, 205-210€

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Are we bulls fools?

Upside potential outweighing downside on this. Heavy bounce of sloping downtrendline. Might indicate higher probability for the upside break imo.

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I see inverse head and shoulders and a test of the 200 resistance as next move

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Welcome to the Twilight Zone :)
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