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calikburak
Oct 9, 2018 4:15 AM

ETH one last lower low for bullish session Long

Ethereum / DollarBitfinex

Description

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.
Comments
calikburak
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.
calikburak
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.
WealthHustler
@calikburak, thanks for update!
cryptodreamer79
Yes agreed.
There is a sharp drop before every rise, it works as a catalist.
So yes we need a new lower low to go up.
I just don't see this going up out of nowhere..... no catalist no rise
DocAMG


Although algorithms have been projecting 12-20$ per coin.

that will be a great buy. but current levels aren't bad either. good luck
WealthHustler
Sounds good! Cheers
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