confidentEnthu71380

From the cycle / technical analyzes /#Etherium #TRADING

Long
BITSTAMP:ETHUSD   Ethereum
From the cycle / technical analyzes /

#Etherium #TRADING
Stay "FOCUS!" on the work of the job well done "#process" and good results are a consequence.

In my attention on the agenda is the financial asset, ETH/USD!

Foto1 / TF-Weekly

Step 1 # We determined the price action structure that has a characteristic defined as the equilibrium sequence between supply and demand .

Step 2 # I determined

- ETHUSD the upper limit defined by the control area of ​​the “Supply zone” offer with the quota 300 USD

&

- the lower limit defined by the 'Demand zone' application control area with the quota of 80.77 USD

The price action outlook; the price action has now reached the upper part of the equilibrium sequence on the level of 241 USD!

Within these initial equilibrium sequences, the price action is maintained in the equilibrium sequence between supply and demand. The higher probability is that the ETH / USD financial asset will form an accumulation cause that has an appreciation implication!

Furthermore:
Next, it is necessary that the price action exceeds the control area of the offer on the quota of 300 USD with effort (increasing volume) and sustained by the result (increasing price) to confirm the prediction represented by my drawing of the complex type pattern. (Elliott wave pattern 12345 ).

If the steps described above are fulfilled, the probability is that the price action will reach the share of 800 USD, which represents a percentage increase of approximately 230% of the ETH / USD financial asset.

Opportunity with high probability of climbing!
Trade active:
In the previous analysis I said from 01.06.2020
Furthermore:
Next, it is necessary for the price action to exceed the supply control area at a quota of $ 300 with effort (increasing volume) and supported by the result (price increase) to confirm the prediction represented by my complex type design. . (Elliott wave pattern 12345).

If the steps described above are met, the price action is likely to reach $ 800, which represents a percentage increase of approximately 230% of the ETH / USD financial asset.

Opportunity with high probability of climbing!

On 20.07.2020, the price action from the buyers on the financial asset Ethereum exceeds the control area of the offer quota 300 USD, the upper zone of the initial sequence of balance between demand and supply defined by the upper zone on the quota 300 USD and the lower zone of on the quota of 100 USD, achieving a new maximum from the quota of 333 USD.

This break at $ 300 increases the probability that the price action will meet my initial assumption and reach $ 800.
Trade active

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