EuroMotif

ETH.usd at KEY decision line, but Likely it has TOPPED for now

EuroMotif Mod Cập nhật   
COINBASE:ETHUSD   Ethereum
Ether looks to have completed a "respectable" 5-wave impulsive move.
It is possible to see a "blow off top", pushing into $200 round number.
Blue 4.236 is KEY decision line, perhaps was "supposed" to be the top.

Plotted are two possible tops and a couple retrace paths for each top.
Pathways are GUESSES but the Zones are SOLID and will cause reactions.
Look for "Pings" on support zone boundaries for possible reversal signal.


$189.42 is the price Bulls MUST hold in order to make a new high.
$164.xx is the IDEAL retrace level that would indicate Strong Bull.
$155.39 is the LOWEST retrace acceptable before UpTrend is shot.

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Previous Ethereum analysis (click the links below):
$145 Decision Zone (perfect trade trigger)
$170 Resistance Map (precise resistance zones)
$333 to $450 jump (failed but perfect entry)
$216 to $288 jump (perfect timing)
$288 to $333 jump (underestimated safe target)
$125 bounce Call (perfect entry zones)

Of course, I have had total FAILS on some ideas too, not going to pretend.
But all of my plots show PRECISE entries, TIGHT stops, and EXACT targets.
Precision is the way of the Fib. Almost every turn happens at a Fib Line.
Bình luận:
Moment of Truth
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Bình luận:
Still bubbling just under the Final target zone I still think it has topped here, but lets see.
We often get a Blow Off top just above such resistances, before drop.
My eth bags are pretty empty right now, holding a small qty in case it runs.

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