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High_Altitude_Investing
Jan 29, 2018 6:37 PM

Ether looking bull trap  

Ethereum / Tether USDPoloniex

Description

I see zigzag patterns here and think its more likely we have a retest of 600$ before pumping higher .

(abc correction)

(turning bearish MACD)

I think eth we touch these levels the same time bitcoin test's 8000$ giving us a big enough shakeout to have the momentum we need to start pumping across the map again .

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Just a more simple drawing so the beginners understand better

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Entries getting filled right now

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(as a buyer now )

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update
Comments
Troy_Brave
great call on this
paul_delucia
Perfect!
Monument_Investing
Hey Dalin, you think if this TA plays out, do you think btc and eth both touch there lows around the same time?
Monument_Investing
nvm didn't see that you said they touch same time.
crypto_carange
alright mate ? according to elliot waves theory i thought 3 wave have to be the biggest
SrSr
not necessarily
but it cannot be the shortest thou !
abail
Hey buddy, so as per your last updates you expect alts to sink while BTC rises again?
abail
@abail, I just saw your new update on BTC. All down!
SatoshiKnows11
@Dalin_anderson Tron update pls :)
zeeshaan001
@CryptoBling99, Tron will go down further !!!!!!!

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