The pair has reached a very important KEY AREA on the daily chart, but the main trend remains still bearish, we have already said that our TARGET for 2019 is around 540$ (see chart below), but now we try to understand how the trend could become bullish in the short term. Our strategy is very simple here, we expect a first rally above 192, and if we are lucky to see a pullback from this area, we will try to take a long positionaftery correctly calculating the entry area.
2019 TARGET
Why this strategy? Look at chart below (...and don't forget your Like! :) )
INTRADAY ANALYSIS
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I also think now's a good time to buy
check out my idea.
TheAnonymousBanker
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@kibbbs, Thank you for sharing, but we don't think like you.... "no rally... no bullish position" ;)
VladimirBashovski
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Well, my vision about 2019 is in the opposite way, in case that btc decides to go to 1500, eth will loose 2-4 times more value, and touch atleast 26
VladimirBashovski
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@VladimirBashovski, But thank you very much for your analysis, very appreciated, but btc could trip way below 1500 before all this ends.
Good luck to all
#ETH 1D
if you look at chart there is tw0 doji candle.
there is bearish wedge and negative div on macd.
vol is droping and if eth attemp to go up there is max 180 $ target.
TradeIndicators
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Looking at the exact same target points! We got two long trade signals from the Martin Trend Trader on TV last week and we're up 14% on one trade and 7% on another. Great work on the analysis!