D_pit

Ethereum Forming HVF

Long
BITSTAMP:ETHUSD   Ethereum / U.S. Dollar
Predicting and upward breakout as soon as the Volatility Funnel formation completes its setup.

Comments

Nice setup
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Do you look for a confirmation of the funnel and what price would you enter?
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D_pit kingretep
@kingretep, 3 highs, lower each time & 3 lows, higher each time. Watch the volume as the formation completes, you should see it increasing. As of right now, a good entry point would be $450 if the current formation stays true.
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@D_pit, thanks for the info
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@D_pit, so do you wait until it hits the 3rd low and whilst it's below 150 you place a limit order?
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D_pit kingretep
@kingretep, I usually do a limit after it brakes the midpoint after the 3rd low or if your feeling lucky you can even buy right at the 3rd low.
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