3 potential entry point to buy ethereum in daily chart
Base on my knowledge of the trend lines there is 3 point to long Ethereum for a day traders. With at least 20% profit per trade.
if you look at Daily Renko Daily chart it is obvious there is still a bullish trend since 6 of Dec 2018 going on. And everyone's waiting for 3rd wave of the trend which will reach to 153$ again and will fail for another consolidation and remain to Bearish trend which Started since last year. Then start for trying to break support levels under 100$.
In another hand year 2019, we have so much fundamental news and reason to buy Ethereum. One of them is Future Markets.
Back to the Daily Chart, Price could Reach under 100$ (my opinion 96$ ) but since then jump to try the 200$ resistance and if this price action takes the right way from my eyes. we could have 3 potential entry point to enter the market with reasonable profits.
Entry Point Suggest:
1 Buy @ 124$ --- Sell @ 152$ 20% Profit
2 Buy @ 108$ --- Sell @ 153$ 40% Profit
3 Buy @ 125$ --- Sell @ 189$ 50% profit
if you look at Daily Renko Daily chart it is obvious there is still a bullish trend since 6 of Dec 2018 going on. And everyone's waiting for 3rd wave of the trend which will reach to 153$ again and will fail for another consolidation and remain to Bearish trend which Started since last year. Then start for trying to break support levels under 100$.
In another hand year 2019, we have so much fundamental news and reason to buy Ethereum. One of them is Future Markets.
Back to the Daily Chart, Price could Reach under 100$ (my opinion 96$ ) but since then jump to try the 200$ resistance and if this price action takes the right way from my eyes. we could have 3 potential entry point to enter the market with reasonable profits.
Entry Point Suggest:
1 Buy @ 124$ --- Sell @ 152$ 20% Profit
2 Buy @ 108$ --- Sell @ 153$ 40% Profit
3 Buy @ 125$ --- Sell @ 189$ 50% profit