ETH Crash? No, Bear trap!

Hello everyone :)

We keep on hitting the higher highs and lower lows as i expected and everything is following my projections nicely, we got a tough time in the 740-750 area as i said in my last post. It went inside my long position zone twice, since then we have rebounded and we are not pushing the 785-800 area, i expect this battle to go on for a little while.

In this chart i have just envisioned where we go from here, as I mentioned in my previous post, getting from 800-900 will be the "wow" factor, we will probably see some selloff because i think we will push pretty aggressivly in that price range and probably be overbought at some point.

In the longer term I see this channel extending for quite a while, and it's possible that this will form a larger mountain than the one we fell out from, thats why I would call this drop a bear trap.

评论: Typo, ”not pushing” = now pushing 785-800 area
评论: The channel got invalidated, however IT was arter we moved up to close to 800 before dropping to 730 area again, we are still continuing to apply pressure up. They key point is that we keep on making higher highs and lower lows. I would like to see 750 hold next push to 800, selling will always occur efter such runs. I think we will consolidate around 750-800 for a bit until we regain momentum to pave the way to 800+
评论: Typo; "it was after we moved up"...
ZH 简体中文
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 繁體中文
AR العربية
HE עברית
首页 股票筛选器 外汇筛选器 加密货币筛选器 财经日历 如何运作 图表功能 网站规则 版主 网站 & 经纪商解决方案 插件 图表库 功能请求 博客 & 新闻 常见问题 帮助 & 维基 Twitter
概述 个人资料设置 账号和账单 我的客服工单 联系支持 已发表观点 粉丝 正在关注 私人消息 聊天 退出