need obv in 30 min time frame to confrim, might make a retest, good area to buy is the 1070
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*sell is 1070
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Volume divergence, that uptrend has 0 strength. Nice bull trap but we won't be fooled. will create the double top and fall
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0 strength to maintain the uptrend.
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Wall St. volume at 9 PM EST.
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Bulls were too strong, trade this at your own risk. no double top violation is seen. Volume is indicating the triple top.
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Only close this trade with profit, if you decide to close. we should see 1054 again
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should go down after ma crosses, but bulls are stalling this, the sell order is greater than buy order. Most of the sell order is 1094
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Volume still bearish, head and shoulders morelikely. This will be a volatile trade i think. I am sticking with my trade plan.
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Creating a rising wedge imho. Abc completed, de and drop. Avging out when it touches the red dash again.
Đóng lệnh: dừng lỗ
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BUbble
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Bubble 1907 PT Everything was bearish! Karma... made too much profit -7% doesn't hurt. Still can't believe the Price action. Rising wedge, bullish breakout lol..
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Lol... it hit the second red dash... but its a bubble!
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finvids.com/Content/Images/ChartPattern/Wedges/Rising-Wedge-Breakout-Direction.jpg What eth did is very rare. TA is not a science, its a good prediction tool. Risk management is the key. ETH is a bubble, we don't know where and how this will settle. See the fib level for potential support and resistance. Also please note, if one of the coinbase cryptos is overly bullish, other will fall because people will sell to jump on the train due to "FOMO". Crypto is not a stock, it doesn't have intrinsic value.
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1396.29 next
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Trade at your own risk. I am posting this idea because I use this to see a bigger picture. Ya there will be errors along the way. if there were no errors, every trader would be a billionaire because making money in the market is as easy as losing it. Eth is a bubble, use trailing stop loss if you are long.
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IDK what this bubble will do, but I took my loss and went to ltc. FOMO kills, waite for 9:30 am EST tomorrow.
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WS always wins, just keep in mind. ETH was heavily manipulated and it deserved what it got. LTC in middle of the crossfire, severely undervalued and the next one to likely make a bull run. I am avging out LTC as much as I can, not selling a single LTC until it gains 300%. Remember more it drops more it will gain! More gap for it to run.
@RexItUp, I saw no evidence of accumulation. But if traders could make profit 100% of the time, everyone would be a billionaire. Rising wedge, bullish breakout ... SMH
HewFrancisKeller
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@Avasreader, you think the bull will continue?
UnknownUnicorn1020621
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@HewFrancisKeller, Its a bubble so we don't know. Its like BTC's 19K run. Going long with trailing stop is the key.