calikburak

ETH one last lower low for bullish session

Long
calikburak Updated   
BITFINEX:ETHUSD   Ethereum
ETH could make one last lower low for the next bullish session. Between 150-100$ is sweet spot.
Comment:
So we reached down to the line that I draw on RSI chart. Price is also dropped down to $200.
I update my price expectation to somewhere between $150-170.
Trade closed: target reached:
So we saw $168. This trade is closed for me.
Comment:
Actually it reached down to 136$ the green horizontal line, and looks like consolidating here. So I call this perfect hit. Don't forget that we can still see the 100$ level.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.