ETCUSDT Short-term Bear Run then Bull Run

If breaks through 15.4 expect retrace to 0.318 line, and then a bounce back up. However if it finds support at the 0.628 line, can expect reversal into uptrend; possibly finding resistance at previous All time high. Prime buy points would be at the 0.318 line ($13) or the 0.628 line ($16), if unsure of which; wait for trend to get close to the 0.628 support and see if 2 candles close below it back-to-back, if closes below it safe to assume will continue retrace to 0.318 support.

Giao dịch đang hoạt động:

Bounced off 0.786, expecting to retest 1.0 on the fibonacci retracement.

Bình luận:

(Fibs were backwards in OG pic)

Giao dịch đang hoạt động:

Bounced of the 0.618 of OG pic, if closes above diagonal white dotted line above Pitchfork, safe to assume will continue to horizontal white line above.

Giao dịch đang hoạt động:

Finding resistance at the current line of pitchfork

Giao dịch đang hoạt động:

Broke pitchfork resistance

Giao dịch đang hoạt động:

Strong support/resistance at top of Pitchfork.

Giao dịch đang hoạt động:

Bounced off 0.382, heading up.

Đóng lệnh: đạt mục tiêu:

Targets hit, broke out of pitchfork; New chart up soon.

Bình luận:

New chart is up.