ETHUSD today analysis, 190920. Go to $190 and then rise to $270.
Hello, my friends. It's Crypto Ranger K.
I was expecting Ethereum to fall shortly from yesterday. But the price went up once more. The drop that I expected was around $ 190. I didn't sell Ethereum yesterday because I thought the drop to that point was tolerable. But yesterday I was lucky and the price rose again by more than 5%. I still think there will be a short-term decline. It's rarely going up through the thick Ichimoku cloud at once. For this reason I expect it to fall to around $ 190 after today and today I sold all my ETH. Another reason I sold is because the RSI has reached 80% and the stochastic has made a dead cross above 80%. Anyway, I made about 20% profit this time.
I think ETH's repurchase point is below $ 194. That's because in my experience, when prices dropped momentarily and then rose, then the price flow dropped to about that low. Ethereum is just starting to rise. If I turn around at $ 190 and rise again as expected, my next target will be around $ 270.
Of course this is just an estimate and may not go as expected. If the price goes straight up through the resistance of the chart's 200day line (the purple line across the chart) I will buy again.
Today's ETH analysis is like this.
Hopefully everyone will have big profits from this rise.
Then have a nice day and see you tomorrow.
Thank you.
I was expecting Ethereum to fall shortly from yesterday. But the price went up once more. The drop that I expected was around $ 190. I didn't sell Ethereum yesterday because I thought the drop to that point was tolerable. But yesterday I was lucky and the price rose again by more than 5%. I still think there will be a short-term decline. It's rarely going up through the thick Ichimoku cloud at once. For this reason I expect it to fall to around $ 190 after today and today I sold all my ETH. Another reason I sold is because the RSI has reached 80% and the stochastic has made a dead cross above 80%. Anyway, I made about 20% profit this time.
I think ETH's repurchase point is below $ 194. That's because in my experience, when prices dropped momentarily and then rose, then the price flow dropped to about that low. Ethereum is just starting to rise. If I turn around at $ 190 and rise again as expected, my next target will be around $ 270.
Of course this is just an estimate and may not go as expected. If the price goes straight up through the resistance of the chart's 200day line (the purple line across the chart) I will buy again.
Today's ETH analysis is like this.
Hopefully everyone will have big profits from this rise.
Then have a nice day and see you tomorrow.
Thank you.
Comment:
Comment:
The flow is going well. People seem to have high expectations for Bakkt. Great expectations have always brought us disappointing results. I believe only the trend is the answer. So I think there will be fall.