Ethereum
Long
Zaktualizowano

XA=BC, Sell harder please!

231
Maybe it is in a fast XABC correction.
It it is in this case, XA might be equal to BC, which target at around 1188 to 1200 region.
We play only-buy strategy starting from 700-800 days, 800-900days, and 900-1000 days, and even if it reach 1100 to 1200 days log Moving Average.
Some of them: hit and run.
Some of them: long term holding.
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It just touch our downtrend BC line, then rejected going down.
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Stand Firm above 900 Day LogMA
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Maybe C wave has been completed.
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First time come up to challenge 6 days EMA, lack of volume and it was rejected(Surely it was).
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Sunday Dump again, but volume small which compare to last Sunday(18 Sep '22).
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Finally, it closed above 6 days EMA, at the same time, BTCUSD pair stand above 6 day EMA, too.
Let's watch if it can stand firm above 6 days EMA.
If it can, maybe it want to challenge 0.618 correction level which around 1397.
Uwaga
"Let's watch if it can stand firm above 6 days EMA.
If it can, maybe it want to challenge 0.618 correction level which around 1397."
As per previous comment, target reach and trade close.

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