ETHUSD Bat Bounce Long

Ethereum / DollarBitfinex

Description

⋅ Jul 16, 2017 10:27 PM

CryptoJr Etherum has "crashed" to complete the Bullish Bat on the daily chart.
Terminal Bar established today. Start looking tomorrow for execution of 88.6%@145 PRZ with Target-1 @ 215
...Treat as a reactive trade and look for LARGER CONTINUATION next month.

Comments

tceternal

⋅ Jul 16, 2017 10:55 PM

with the current state of BTC, i think 215 is too optimistic

TheEWGuy

⋅ Aug 30, 2017 5:08 PM

@tceternal, lol..look the price now..

sebsar

⋅ Jul 20, 2017 8:32 AM

I think he meant that price will hit first target and then it will continue to go down

ahmadtakla

⋅ Jul 19, 2017 11:41 PM

can you explain: "Treat as a reactive trade and look for LARGER CONTINUATION next month."
i am fairly new but already a fan of u, keep the analysis flowing

ScottCarney

⋅ Jul 20, 2017 4:56 PM

@ahmadtakla, treat as a trade that is aggressively managed up to target...if we rally above 240 on this move, it will become a larger reversal.

alejandroscotti

⋅ Jul 18, 2017 12:23 PM

@ScottCarney larger continuation DOWN or UP? Thank you.

ScottCarney

⋅ Jul 20, 2017 4:43 PM

@scottialex, looking for a bigger move now. Daily pullbk over.