oldstout
Long

ETH potential inv HS and 3rd wave new cycle?

KRAKEN:ETHXBT   ETH / XBT
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
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Screener Crypto Screener 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