MarcelV

ETH testing its strength

KRAKEN:ETHXBT   ETH / XBT
Ethereum             continued its incredible pump and reached highs of 0.00723, from 0.00392 starting point.
On our last trade, ETH was shorted. It went down from 0.00555 to 0.00500, and met strong support there. Ichimoku cloud support (red line) was tested, but not broken. Stop loss was triggered.
On our next trade, we will be looking whether ETH can break cloud up or down. I will only be trading short, if the cloud breaks down. I believe that the cloud will provide a resistance (green line) and is a good entry point for short.
If short is on, the target will be 0.00550, as it has been a key point in deciding up/down move on our previous trade and it served as both good support and resistance zone.
Trade active: Trade is ON. Our last 30m candle closed below the cloud. Previous highs of 0.0058 have been hit perfectly. Expect more down and possible support at 0.0055.
That is, if Kraken gets rid of the DDoS they are now receiving.
Trade closed: target reached: Target was hit, 20% profit taken.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
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 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