luissjp

are we forming a descending triangle

BITSTAMP:ETHUSD   Ethereum / U.S. Dollar
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5
option A or option B, but i think we are close to a temporary bottom.
Comment: 145 to 149 couls be the resistence area
Comment: getting close to a posible rejection range
Comment: 0.382 from the top , we could be in a bit of rejection to go up later.
Comment: so we did go down a little at 0.382 and recover after.
know we are testing the top of the descending triangle next day will indicate if we are in option A or B

Comment: optionA it is :)

we broke trough the 100MA , i expect a sell over at 0.68 170, and a posible retest of the trend we have since 19 sep 19. very bullish will be go and test directly to the 200MA , at 183 with lots of resitence too.
Comment:
Comment: we tocuh the 0.68 amd got a good rejection
Comment: we endup ben rejected by the 200MA ,
continuation idea .
Trade closed: target reached: