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TheAnonymousBanker
Feb 19, 2018 11:29 PM

[ETHUSD] TECHNICAL STRUCTURE 

Ether / United States DollarCoinbase

Description

No change from our point of view, as long as the pair remains above 906 support, the trend remains bullish. That said, our analysis and setup seem to be correct and our idea (awaiting confirmation) is that the pair could develop a bearish impulsive structure (i-ii-iii-iv-v). If you have taken a short position around 970 you can easily manage it (stop loss to breakeven, for example). With this in mind, today’s session will really be very important, and from tomorrow any doubt will become certainty, for both directions.

If you think this analysis can be useful, leave a your comment or your AiLike!
Thank you for support and trade with care!

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The pair, after reaching our resistance at 950, has triggered a perfect pullback as expected by us, and at this moment, it is working an important support around 929.

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Trade closed: target reached

We have reached our first target!

Trade closed: target reached

TARGET 2 HIT!

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Trade closed: target reached

TARGET 3 HIT!

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Harmonic still in play....

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to be continue...

Comments
zeroToEdge
Damn, you are good
RoyalOakFI
Is 836 the support if btc goes to 10k ish? Great chart, thanks!
xeremo
So we should go up and i should make a stop-loss on 906$, am i right?
Bitllionaire
Excellent work!
akhalifeh
ETH is following the king, and the king is probably forming an ascending triangle in this moment.. lets wait and see.
TheAnonymousBanker
@akhalifeh, ascending triangle on wave (5)?
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