aboveandphom

ETH Daily Dose 3/19/19

BITFINEX:ETHUSD   Ethereum
ETH has also considered another day of range but a drop is to happen sooner rather than later. I am expecting ETH to drop to at least $136 by end of tomorrow, Wednesday the 20th. I still have my long position at $116 and will not take profit if we do drop. I intent to long at $135 still. A strong bounce off of the 38.2% Fibonacci level of $136 will indicate to me that we are almost definitely in a Wyckoff re-accumulation phase which is great for the bulls. Even so, I will probably close out most of my long position at $150. Not much has changed since yesterday, so I will revisit the charts tomorrow and update.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.