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rexlomax
28 mai 2018 17:36

ETH going to 290 a piece Short

Ethereum / US DollarPoloniex

Description

Let us not be fooled by the market manipulators.

Be safe.

Transaction en cours

Commentaire

ETH has been very strongly in this bear market, so it's possible that 400$ could be final support.

Commentaire

Maybe a double bottom at 360$ for ETH?

Trade fermée manuellement

ETH seems to be forming a nice accumulation zone around 450$. I think there is a lot of risk to be short here.

Commentaire

I think it's more safe to be long now

Transaction en cours

Short trade still active. Accumulation at 450 failed.

Trade fermée: cible de profit atteinte

Commentaires
JackieHuynh
eth, bitcoin are all approaching its key support now. So scary. What's your thought , Rexlomax ?
rexlomax
Bitcoin has long standing support at 5700 if that gets shattered all hell will break loose.
ETH should find support around 250-290$
rexlomax
@SamHuynh,
JackieHuynh
@rexlomax, we still have this last support around 5.3k-5.5k below 5760$ .
JackieHuynh
you don't think that support basing on the falling wedge will hold if 5760$ is broken ?
rexlomax
@SamHuynh, Below 5700 next support is 4500 IMHO. Finding exact support after 5700 will be like trying to catch a knife
JackieHuynh
@rexlomax, correct me if I am wrong. According to volume profile and support resistance, don't we still have one strong support around 5300-5500$ (this one match falling wedge, support line, high bar volume profile), then if we break 5300$, it will be free fall to 4500$ range because of low volume bar. Do u think my thought is logic ? im still learning volume profile
rexlomax
@SamHuynh, Take at look at it on weekly
JackieHuynh
yay, finally :)
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