ETHUSD retrace watch: Etherrium hit targets + buy again zones

Zaktualizowano
Quick short term outook with support zones worth watching.

This is a follow up to my expected top (which was surpassed by a blow off top and thus the large retrace)
ETHUSD study of Elliot Waves and Fibonacci: Etherium waves


Uwaga
ETH might be starting an impulse off my first support zone snapshot
Uwaga
Just hit first resistance and was definitely noticed snapshot
Uwaga
Go ETH. It may have confirmed previous resistance as new support. Check out the EXACT bounces on the red zone, the boundaries of which were clalculated from Fib Ratios snapshot
Uwaga
Another EXACT bounce snapshot but is a bit concerning for bull view. Ideally it should not have come back to it at all. Each time it is hit, it will become weaker. Next approach will probably go right through. So bulls need to pull away from it as quickly as possible.
.
.
Uwaga
Here it comes again, lets see if it holds a third time snapshot
Uwaga
Rut Roh snapshot let see if it can come back into the red zone quickly. If not, it will fall quite a bit more
.
Uwaga
Oh boy, an exact bounce on same line only in OTHER direction. snapshot I would not be surprised to see price come back up and test the LOWER boundary and if it rejects from it, down we go.....

.
Uwaga
Bad sign for bulls, could not even retest bottom of zone snapshot :(
.
Uwaga
This should be the last test of this support. either it Bounces like a Beast or Sinks like a Stone snapshot
Uwaga
Rut Roh, this recent support zone is now at risk of turning into Resistance snapshot
Uwaga
My ''Ideal Entry'' zone looking better and better snapshot
Uwaga
Just spotted a new possible support zone before my Idea Entry zone snapshot
Uwaga
Here we are, limit buys picked up snapshot
Elliott WaveFibonacciSupport and Resistance

the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag

Powiązane publikacje

Wyłączenie odpowiedzialności