mcmutton23

ETH Grower not a show-er

BITFINEX:ETHUSD   Ethereum
Looks like if we drop below the big red line to around the 340 range, we will retrace down to prior the resistance arrow below it and come back up. If we stay bullish, it will test that prior high from this morning. While looking at the daily chart, we are at the top of RSI, volume looks weak, i think we have a retracement coming soon, hopefully to present a good buy opportunity and ride it back up to the top. retracement back to 315 or so.. people will freak and take profit when it dips and others start selling shares to lower the price, so wait it out and get back in at the right time. Overall big picture, bullish and eventually all time highs, but if you like to swing trade it like me you'll be in and back out.
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