scottdeng

ETH moon shoot temporary retreat = rerally at 1520

Long
scottdeng Updated   
BINANCE:ETHUSD   Ethereum
An head-and-shoulder pattern is forming at the record high. VPVR shows strong support at 1520, but 1500 psychological line might be retested.
Comment:
Head-and-shoulder still developing. If the 1518 support is broken, definitely see it dropping to around 1400. If support holds, we can see a bounce back to ATH.
Comment:
Definitely seen a double top with ETHBTC, another confirming signal. BTCUSD is also dropping ATM.
Comment:
We've seen a massive flow testing the previous resistence level. Might breakout, or might be a fakeout.
Trade active:
Shorting until the support line.
Trade closed: stop reached
Comment:
Still testing the 1640 line ATM. Waiting to see a clear trend.
Trade active:
Entered longing position around 1660. Target 1800.
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