ETH not making much sense right now to me compared to BTC charting - trying to find out what indicators help with this market Attempting to find strong leverage positions to short or go long on (TARGET) zones USED: ichi / RSI / Custom Stoch POP v2 script / Fib Gut is telling me we should see 18-20's some in near future - this looks like a huge bubble to me
Hid ichimoku/fib/trend lines and guestimated general potential 2 paths
Applying same principles as the last experiement shown here: Either we have already hit the bottom at the $382 area or we have a new bottom to go at the $259.34 area in late May/early June. Tips always appreciated :D 1es4J49hCbb2XhDcEUGRz1K1uPcYF8gDC
Retest of 380-400 - this weekend we should have a decent look at if this downtrend will continue or not. Tips always appreciated :D 1es4J49hCbb2XhDcEUGRz1K1uPcYF8gDC
Just for fun.. going to bed want to see how this turns out when i wake up. timeframe is probably off, but it looks like we are bouncing to ~400 then downturn to ~283
I believe we will retest the low 400's and take another drop this weekend.
I believe we are right at the peaking point and heading back down the the low 400's. From there who knows.... Tips always appreciated :D 1es4J49hCbb2XhDcEUGRz1K1uPcYF8gDC
Three outcomes as I see it in the coming days: 1. Price stalls around $470 and continues downward 2. We surge past $470 with next resistance being $500-$515 3. Obligatory sideways action :D
1BTC Long @$518 with target hopefully around $570 1BTC set for another long if we continue down to fib fan support ~$430
1BTC Shorted @ $585.80 with target of $567.74-$571.00
We are approaching some Fibonacci and Ichimoku Cloud resistance areas as well as a bullish RSI divergence.
Fascinating that these fib fans are still holding from so long ago.