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ReiX
Feb 9, 2020 9:56 PM

Small ETH correction. How I'm laddering my buys. 

Ether / United States DollarCoinbase

Description

ETH will likely correct here. Bearish divergence on the daily, over-bought on the weekly. BTC/ETH ratio also looking to re-test support.

If it goes up, I will buy on the re-test of the 230 area.

After the correction, the strong up-trend is likely to continue.

Comment

Another bounce up the pattern but we should correct in the next 1-2 days.

Comment

This is why I don't short during a trend like this ;)

Comment

Got filled on the 216 order. Let's see if it bounces here. If it dips further, buying more. If it bounces hard, buying more on the re-test of 230 ;).

Comment

This is playing out with near perfection.
Comments
maestroman89
Great Chart. Do you see it going below 200 again?
ReiX
@maestroman89, Thanks, I believe the probability is very small that we will ever see ETH below $200 again.
ReiX
@maestroman89, Also please remember to leave a like and follow if you would like to see more.
ReiX
Head and shoulder formed on the hourly。expecting pullback to begin soon
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