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FUNTRADER-Vera
Jan 9, 2018 7:23 AM

ETHUSD: facing a RSI DIV on a reflection point OF both channel Short

BITSTAMP:ETHUSD240
Ethereum / U.S. dollarBitstamp

Description

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Traders,

ETHUSD is facing a RSI DIV on a reflection point OF both channel.

Meaning ETHUSD is going to drop later from the reflection point, targeting blue zone.

Less is more!

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later meaning waiting for short trade signal here.

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still possible to wait for a bearish signal here.

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expecting a cypher here .

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bear sign for C.

Trade active

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this is what we want to happen.

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I think I am good to find out a reflection point on a channel.
Pls give me more like if you agree.

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I really hope this trade or analysis helps most of you .

Trade closed: target reached

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Trade closed: target reached

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blue zone hit.
Trend AnalysisChart PatternsWave Analysis
Comments
ashu12345678
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How sure are you about the above to happen? I know you dont give trading advise but your previous analyses were pretty spot on and I really admire your anaylsis :)
FUNTRADER-Vera
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@ashu12345678, thank you .
Lex0924
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I agree, I'm trying to see what I bought at 1k so I can pick up a couple of more when the price drops.
Danielkh
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Hello
still a possible correction to the blue zone?
Thank you
Seviii
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@Danielkh, 825$? No.
Danielkh
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@Seviii, it seems buyers are jumping quickly on every pullback. I am not sure
What are your thoughts?
Seviii
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@Danielkh, I'm not a pro. Just my opinion following news and looking at the chart. Since there is also a fork on 19. January, i think we will see 1.500$ soon.
Danielkh
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@Seviii, i am also not a pro. new to trading and trying to learn from the analysis i am reading.
Good luck
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