TheSignalyst

ETH - Detailed Video Update!

BITSTAMP:ETHUSD   Ethereum / U.S. Dollar
Hello everyone, if you like the idea, do not forget to support with a like and follow.

Here is the top-down analysis for ETH, feel free to request any pair/instrument or ask any questions in the comment section below.

Best of luck!
This analysis is done using RichTL indicator
http://www.RichTL.com

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Comments

I don't thinks that idea will hold for long with bitcoin about to dump.
+3 Reply
@testertje777 let's see how it goes
+1 Reply
lastbet69 TheSignalyst
@TheSignalyst, brother when to buy?
+1 Reply
I like this idea🔥
+2 Reply
@Retselisitsoe amazing 😎
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thanks for update bro
+2 Reply
@MMBTtrader my pleasure MMB
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Bought some at the 200SMA at 1873. It broke the trend line so I don’t expect it to go back to ATH. I’m playing this as a swing trade. Needs to break above 2K to recapture the trendline. It could just retest the trendline and reverse so I’ll keep my stop losses tight. My exit is the 50SMA or if the SP500 tanks.
+2 Reply
@BrokenTypewriter thank you for sharing your thoughts and trading plan
Reply
BrokenTypewriter TheSignalyst
@TheSignalyst, ETH broke below the 200SMA. However it looks like it hit a double bottom at 1705 this morning. I bought a little more at 1730 (the previous low). It needs to close above the 200SMA on the daily (~1878) or it'll head down lower.
Reply