ETHEREUM (ETH/USD) *Chart Pattern Identified *

24 thg 2, 2019

I am bearish and this is why:

• Fractal found from last Ascending Triangle.
  
• Rounded bottom looks like Cup and Handle could form from here.
  
• Red dotted line looks like resistance.
  
• Yellow 1-5 Impulse looks complete.
  
• wave (blue) D looks to be complete FOR A HUGE ascending Triangle or Barrier Triangle
  
• Fib Extension looks to have hit the .786 level in the RED BOX perfectly!
  

**NOTE** Same thing MAY apply to ETH/BTC I probably wont make a post on the BTC pair but check it out. they should look very similar.
Ethereum is not the only one. I seen this yesterday before wave 5 was put in.
this looks perfect imo but think we can hit the orange trend lines 1-2 more times.

If we break up thats another story. But for now this is bearish and I see it across the board on a 4 hour chart.

Follow for more charts, give this post a upvote/like and comment if you have any questions.
Thanks!

24 thg 2, 2019

Giao dịch đang hoạt động

For anyone who shorted the top when I called it... congrats!
if you're not it... wait for the retest. we should be bouncing up soon I think at-least 50% of the drop.
this was not manipulation, not some secret whale group, not an insider job.
it was a rising wedge/ascending triangle/end of a 5th wave.
what ever you want to call it.
It is literally just simple T.A that would've shown. Buy the bottom, long the top, but the bottom, long the top...

5 thg 3, 2019

Đóng lệnh: đạt mục tiêu

Done. ill look to long a retest or wait for a pattern to show itself