Ethereum (ETH), Fractal indicating major drop incoming!

2019年1月8日

As many have noticed, we broke down from a major rising wedge yesterday on Ethereum. That along with the loss in bull momentum could mean we will have a similar outcome as shown in the fractal here.

2019年1月9日

注释

ETH testing the 4hr 50EMA for the third time now. Needs to remain above it to stay short term bullish.

2019年1月10日

交易开始

And there we go! Dropped perfectly as predicted, very nice 10% trade from entry. This has hit my first TP at $139.

2019年1月10日

注释

Update on Fractal idea, although the drop can usually be predicted from historic patterns as shown in this idea, the correction and descent rarely matches to a previous fractal therefore I would not rely on this to trade.

2019年1月19日

交易结束：到达目标

Trade closed.
TP 1: $125
TP 2: $121