TradingView
Yoshi14
Jun 13, 2018 3:03 PM

ETH small bounce off 460 

Ether / United States DollarCoinbase

Description

Looking for small bounce off 460 to top of wedge before continuing down. 460 is the .786 retracement from last rally from 360 low to 830 high. Also, a fractal in rsi from end of May shows a bull divergence that played out well. Let's see if she bounces.

Comment

Getting some resistance from the hourly 50 SMA. Also 500-505 area will be the next resistance if we can push above the moving average.

Comment

ETH is not a security news :O BOOM!

Comment

Looks like we are getting a bounce off the .618 retracement from swing high

Comment

Breaking up now but painting a bear divergence at the same time. I'm looking at 540 and the orange downtrend line as resistance targets.

Trade closed: target reached

540 hit trade closed
More