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tommyboxfx
Dec 28, 2018 12:48 PM

After we hit 107-108 level next target is 169 area! Long

Ethereum / TetherUSBinance

Description

We have 3 reasons now to believe our next target is upside and not downside after we hit our low target at 107-108 area!
ETH USDT is in falling wedge pattern and also usually have at last two waves in wedge stop grabbers before have a real breakout from wedge!
ETH USDT not only in wedge but also in ABC correction and fibo 61,8 level is often after first wave or in ABC correction and also often that a 61,8 level is little broken only and after that trend is going in opposite direction !
And sure we have there one of the previous highs !
So 107-108 level is a very good place for buys SL 80 Tp 169 Risk reward ratio is 2,22 in that case more than better!

Closer look
dropbox.com/s/6ympiv8mdq3ujhr/ET wedge.jpg?dl=0

Comment

We are not going so deep that i expect but almost we reach our lowest target

This can be the next move before next upside movement
dropbox.com/s/mpixqk9l6zrrqyq/Screenshot 2018-12-30 15.09.49.png?dl=0
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