Ethereum
Long
Zaktualizowano

ETHUSD || LONG (MID - TERM)

365
Prices bouncing off of extremely oversold conditions compared to the entire history of Ethereum (weekly)
I see a potential mid term trend reversal based on strong technical indications & since Ethereum's Constantinople Hard fork is round the corner, fundamentals are straight away calling for a bounce.
Any weekly close below $90 level would invalidate this analysis and Ether would continue to capitulate.
Uwaga
Support curve still intact.
Uwaga
Price nearing the buy zone again.
Is it a good time to buy?
Yes.
Keep stop losses just below the support curve and your trade shall be good to go.
R/R is excellent in this scenario.
Uwaga
Prices testing the historical resistance areas once again. Just like the LTC trade, these areas should be broken upwards with conviction or we'll end up having a double top situation.
Lets hope for some buying actions!
Uwaga
Hate to say it but Ethereum not looking good at all.
Uwaga
surprisingly enough, Bulls truly are doing a good job defending the lows!
Uwaga
1st Target
Uwaga
Just a couple of bucks shy of target 2.
Trade is doing well until now.
Uwaga
Target 2
Uwaga
6 months.
Still maintaining a bullish posture, wicking off of the third and final big resistance.
The ETHBTC pair looks rekt although.

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