P0ltergeist

P0ltergeist Updated 

RSI on the daily is already at the overbought area. Volume is decreasing. The buying power is insufficient at current levels. Seems like the second leg of a corrective wave going to bring the price of BTC/USDT below 30K.

P0ltergeist Updated 

Ethereum managed to close ABOVE descending triangle structure. Enter long position TP 1650 SL 1490

P0ltergeist Updated 

Donwntrend continues for Ethereum. If the triangle holds on the top side, a short position should be opened. Entry 1555 SL: 1603 TP1: 1440 If the triangle breaks on the bottom side, significant downside movement is expected. TP2 : 1300 (longer-term)

P0ltergeist Updated 

Ethereum has to gain momentum before new highs. Price heading to the "point of control". Sell at 1560, buy after reversal around 1300

P0ltergeist Updated 

Fibo and Elliot do the math together. Sell @ 700 sat Buy @ 520 sat

P0ltergeist

Perfect Elliot Impulse wave, followed by an ABC correction, exactly to the 0.5 fib. level. New cycle is on its way. My sell target is 1200 sat.

P0ltergeist Updated 

The resistance around 600 seems too strong to be broken, for now. Maybe a new low would give enough momentum to go around 700ish. I dont think we would go as low as we did in mid april. My estimation is aroung 430.

P0ltergeist

Let the picture talk for me.