EHTUSD retrace watch: Ether pullback from $255 to ??

COINBASE:ETHUSD60

Ether / United States DollarCoinbase

Description

⋅ Sep 24, 2018 4:06 AM

Ether hit strong resistance in the 255 zone.

I had been scalping ETH on the way up , including per this plan:

Now expecting a more serious pullback for possible larger buy entries

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⋅ Sep 24, 2018 6:56 AM

Hmm, first support noticed, but looks to break

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⋅ Sep 24, 2018 7:07 AM

Holding for now, as if selling might be done for now. BUT not much buying yet, so maybe was just bears taking profit?

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⋅ Sep 24, 2018 8:01 AM

fwiw, bulls closed an hourly Green candle at bullish support

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⋅ Sep 24, 2018 11:13 PM

OK then, next zone down.
Bit of a bounce, lets see if this one holds

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⋅ Sep 25, 2018 12:47 AM

Another support, another stall but not much of a bounce.
I will be looking for the next zone below, the ''typical eth retace''

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⋅ Sep 25, 2018 3:14 AM

3rd time is the charm?

Comments

HD1184K

⋅ Sep 25, 2018 4:38 AM

Awesome. I am considering a long set up right now. Going to wait for the support to be defined so I can place my stop loss and ideal entry.

EuroMotif

⋅ Sep 25, 2018 4:41 AM

@Xzhi, Nice, good plan. Just watch out for the EU morning bears :(

Potential_Try

⋅ Sep 25, 2018 4:32 AM

Is it right to buy now?

EuroMotif

⋅ Sep 25, 2018 4:41 AM

@coin6693, well, I cant say for anyone to buy or sell at any given time, but I did get a couple of small Limit buys filled, now watching for signs of support. BUT, Europe is about to wake up, and they almost always sell first thing, so will need to see what they do

Potential_Try

⋅ Sep 25, 2018 5:31 AM

@EuroMotif, thank you so much^-^