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UncannyDeduction
Oct 7, 2017 8:15 PM

Ethereum update Long

Ethereum / DollarBitfinex

Description

Possible exit at $355.

It left two Fibonacci circle sets, so I removed them.
Cleaned up some converging trend lines.
Added the future Fibonacci bearish circle set.
Don't worry too much we're in a bullish short term circle set right now.
Fat black lines are resistances, these imply that there should be an exit at $355.

For newcomers, these strange lines and circles that I drew tries to present ongoing OccultMagnetism. It can be read about here: occultmagnetism.com


Comment

Note how the trend channel beautifully intersects with the two Fibonacci circle sets.

Comment

This is not a pessimistic chart in my opinion. It looks good!
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