rexlomax
Long

Time to Long ETH once again for the lulz

BITFINEX:ETHUSD   Ethereum / U.S. Dollar
ETH has been massively sell by noobs who bought the FOMO on 2017-2018. Depression has been set, hope has been lost for most.

A relief rally will come, in the worst case scenario an exit pump will happen, either way i'm projecting a 90% gain from current price.

Be safe.
Trade active: Big buys today, there is big interest by heavy wallets in this level. It should break up anytime now.
Your chart shows a very strong 1W Channel Down where the price is approaching a Lower High which will end of the 1D Triangle. A bearish break-out is more likely to take place. Our TP is 176.16:

Reply
rexlomax InvestingScope
@InvestingScope, That's a possibility indeed, but looking at the massive volume that was posted in this level i'm expecting a bullish move
Reply
Scotty_Crypn InvestingScope
@InvestingScope, your chart and words are a great example of why TA alone is garbage.
Reply
Hello!
Looks like Ethereum is on the mixed area:
* Above the major counter-trendline
* Below the short-term up-trendline

Best regards!
Reply
rexlomax CryptoComes
@CryptoComes, You're watching too close
Reply
actually time to long alts :)
Reply
rexlomax SamHuynh
@SamHuynh, i thought ETH was an atl? :D
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Help Center Refer a friend Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out