ETH/USD Was that an impulse, or do we need one more retest?

We tend to dislike the things which are good for us--hard labor, bland vegetables, natural clean water with slight odors and tastes. And most importantly--corrections.

With that said, this correction has given many day and swing traders opportunities with double digit percentage gains, both Long and Short. And as drastic of a sell-off as we saw in the previous months, the market has clearly favored a much longer term bullish trend . Sure their still may be money to be made by shorting many coins right now, but for the size of my portfolio and the bullish sentiment battling the bearish movement we see, I am not one of that party.

Looking at my Ethereum GDAX chart, you can see that from the market geometry we still need more time to transition the tone of the market. For those who are Long, we must look at the brighter side of everything. Assuming you have been trading safely and wisely, the losses occurred during these months should at the very least been quite minimal. This has happened year after year, and we should know by now of how to identify when such losses warrant a reasonable out, i.e, stop loss people.

I have decluttered the chart and instead have referenced my FIB lines with horizontal white lines. The battle rages from top and bottom, it is important that we look at areas of resistance in both directions. 889 was the number I wanted to see break--and when I say break, I mean impulsively shatter it. It is the only way we could reach the next zone of resistance. As long as that Vegas Wave rides above me, I will be cautious opening a new Long position.

评论: I am liking ETH more then BTC this year.
评论: *than
评论: Bullish scenario
评论: No trade active for me yet...
评论: 2nd wave is shallow. Possible. But where is our volume.
No volume. If it comes it would be a spike
评论: Some volume came in. I am watching the 1k mark to see reaction
评论: 1k barrier was too much. Reversing my play
评论: Possibly
评论: Let it sit
评论: If corner pocket hold, 80% odds of median line
评论: Let's see how it handles the modfied
评论: Schiff...
评论: Just steady movement from ETH. Good hold
评论: Updated possible entry to consider. New chart incoming tonight.
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