oldstout
Long

ETH potential inv HS and 3rd wave new cycle?

KRAKEN:ETHXBT   ETHXBT
Here's few ideas about ETH now.
Inverse HS is pretty easy to see.
Same as less power of downtrend (look at 100 and 200 ema ).
Going above 100-200 ema would establish potentialstrong bullish wave.
We can be in a bottom of bigger formation similar to c&h.
Targets for 3rd and 5th wave can be fibo levels (or near to fibo): .236 and .382.
Green is potential target of new wave (between R2 and R3 likely).

Good luck!
UPDATE: New LOW === chart scenario invalidation!
Reply
Update: maybe C of 2nd wave new cycle is not done yet.
Reply
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
ประเทศไทย
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out