Ethereum High Frequency Zone 2.0

23 lis 2018

Sup' fellas.

Another big confluence appears and identified.
Let's see if we see the counter of my last high frequency zone discovery which pummeled the price.

I will certainly enjoy the bars painting this chart.

2 days 10 hours left.

23 lis 2018

Uwaga

102-97€ is likely to make a extended upwave to the 0.786 then push for the halving after.

So.... currently 109€
then -> 97-102 area -> 125
then -> 80 rapidly to 160+ (high volume push)

23 lis 2018

Uwaga

How does this work?
I recommend reading this for better understanding the theory behind this chart.
investopedia.com/articles/trading/06/fibonacci.asp

Quote:

23 lis 2018

Uwaga

In many cases, it is believed that humans subconsciously seek out the golden ratio. For example, traders aren't psychologically comfortable with excessively long trends. Chart analysis has a lot in common with nature, where things that are based on the golden section are beautiful and shapely and things that don't contain it look ugly and seem suspicious and unnatural. This, in small part, helps to explain why, when the distance from the golden section becomes excessively long, the feeling of an improperly long trend arises.

23 lis 2018

Uwaga

Guys, eth in the log scale looks.... really, uhm... yeah.
35€?

23 lis 2018

Uwaga

Post above is a little skewed, a wedge woulnt drop that far tho, i moved the horizontal line to a previous resistance/support zone which is more likely for the price to break out from the downtrend from, which is around 50€ which is supported by my other chart.



Conclusion, high likelyhood that we will hit my second target on this chart.
Also that, the "epicentre" in this chart is just a correction up before we move down again, let's see! Around 2 days left :-)

23 lis 2018

Uwaga

Nice, we broke out of the wedge and are testing it now -throwback. I'm going long if this holds!

24 lis 2018

Zlecenie aktywne

Big fat long position here. Stop at 104€ precautionary, praying i don't get liquidated...

24 lis 2018

Uwaga

1h bullish divergence, triangle pattern about to complete

24 lis 2018

Uwaga

coinbase..

25 lis 2018

Uwaga

roughly 12 bars left

25 lis 2018

Uwaga

6 hours , maybe a bit more to we hit the spot. remember last time the major move took place a few hours off the confluence area (delay?)

26 lis 2018

Uwaga

We are in the epicenentre. We should see something major take place very soon! :O

26 lis 2018

Uwaga

*epicentre

26 lis 2018

Uwaga

26 lis 2018

Uwaga

26 lis 2018

Uwaga

Looks good zoomed in

26 lis 2018

Uwaga

And break confirmed