BITFINEX:ETHUSD   Ethereum / U.S. Dollar
ETH has been making consolidation / flag for another short setup.
Short the breakout of this corrective.
It can break down from here or make another impulse then breakdown.
Sep 28
Comment: Made a wave up and some consolidation. Expecting this to get around 245-250$ before it turns around.

Sep 30
Comment: Correction is gonna take a while, watch this breakout for a long to retest the previous high ($260 atleast.
I wouldn't be looking for shorts until then.


Remember to move your stops to breakeven we are still in consolidation. Take profits regularly don't get chopped in this market.
Corrective patterns can become very complex.

Comments

It broke down and again pushed up, same scenario ?
Reply
kryptowavetrader WealthHustler
@WealthHustler, updated. similar scenario. Its just becoming more complex correction as long its as correction it will breakdown. I wouldn't be too worried about buying yet. Market always give u an opportunity to buy back in.
Reply
WealthHustler kryptowavetrader
@kryptowavetrader, oh ok, thanks
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out