Bearish EW not complete yet.
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We are getting near that green zone, but I think long-term is a bit too much. It will make for a good scalp though, below that big yellow trend line things get really bearish.
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Buy ETH on this yellow line! Hold for some good profit 520>700?
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Buy range is from 400-520 USD
Trade active:
Buy zone hit and reversed up. This should be a trade not longterm investment.
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Perfect reversal from BUY zone, would be good to take some partial profit here!
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As in this prior comment, this was a TRADE and not investment, it bounce nicely but broke down again, don't forget to take profit in this bear-market! Breaking down again on this bottom line was a crucial support and means the market is quite bearish as to say.
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Next ideal buy is 400 USD
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Buy 400 Sell 470-475
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400 failing to hold, take loss, next buy is 285-300 USD
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ETH heading for 300 USD
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Well seemed it did follow the chart after all..
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ETH might want to test 588 USD
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Retest range is between 564-588 for now.
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We hit resistance here!
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ETH was able to break resistance here and this has become buy support now.
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ETH could be heading to 845 USD
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Broke the yellow hype cycle! Bearish formation