Ethereum Double Bottom Formation
Updated
Hi everybody.
Although the price could still drop to 80-100$ zone I consider this time a good purchase opportunity to go LONG.
We have a possible double bottom formation while bouncing on the AB trend (Point C) and also the daily RSI is in oversold zone.
Everything is on the chart.
Best reggards.
Janpr99
Although the price could still drop to 80-100$ zone I consider this time a good purchase opportunity to go LONG.
We have a possible double bottom formation while bouncing on the AB trend (Point C) and also the daily RSI is in oversold zone.
Everything is on the chart.
Best reggards.
Janpr99
Note
Riding the trend, +20% to date.Trade active
Riding the trend, +37% to date.Trade active
Riding the trend, +95% to date.Trade active
Riding the trend, +120% to date.Trade active
Riding the trend, +426% to date.Trade closed: target reached
I'm very happy this idea panned out.After 1 year of holding we reached our last target (+590%) so it's time to close the the trade idea. However, I'll keep my ethereums.
I think that soon we will have new historical highs.
Best regards,
Janpr99
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