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jlantrip
Jan 28, 2020 10:03 PM

Ethereum Bull count Long

(ETHUSD+ETHUSD+ETHUSD+ETHUSD+ETHUSDT)/5Bitfinex

Description

Here is my best guess at what is shaping up here, it matches well with expectations of resistance above which I have outlined with fib retracements from the last two major swing highs and algo pivots. A nice channel is forming which is shown as well. Keep an eye on these levels and look for a good .5 retrace from a nearby pivot that matches up with the lower trendline for entries.

Comment

Also noted in the chart is the most recent .5 retrace and algo targets for that retrace at 189.38 and 206.13
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