Ladies and gentlemen, let's take a look at this beast.
Entries: 1/3 at .0385, 1/3 ether at 10% profit from first or .035, last third will be at the 4th wave retrace
Stop: below .034
Target: 0.135
Risk / reward ratio: 1:20
Found this idea to be entertaining or absolute garbage? Feel free to let me know with a like or comment. As always, good luck and stay safe!
Kinashi-San
*For pure fun and joy, not financial advice. Not a recommendation to buy sell or hold.*
Entries: 1/3 at .0385, 1/3 ether at 10% profit from first or .035, last third will be at the 4th wave retrace
Stop: below .034
Target: 0.135
Risk / reward ratio: 1:20
Found this idea to be entertaining or absolute garbage? Feel free to let me know with a like or comment. As always, good luck and stay safe!
Kinashi-San
*For pure fun and joy, not financial advice. Not a recommendation to buy sell or hold.*
Note
Our trade hit at 38500 and we’re currently are trading at around 41000, but it seems we should be expecting a bearish move soon. Looking at the one hour RSI, if you ignore the spikes then you’ve got yourself a divergence that also broke the bullish trend. So we should expect either some sideway action or a move south to test the support at around 35K. We’ll gracefully exit here, take whatever’s on the table and let the market dictate
Note
a more correct visualizationNote
Correction - the impulsive wave was due to Gemini listing announcement, not Bittrex. I was thinking of Storm when Bittrex went into mind
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.