Ethereum New Buy Opportunity

POLONIEX:ETHUSDT   Ethereum / Tether USD
I wrote about a possible entry level for Ethereum several days ago. The trading idea was based on signals from MAs, MACD and RSI indicators. This time the amazing Ichimoku indicator gives us a new buy signal. We can add some more volume to our opened trades. So, why we should buy? Price passed through the kumo and it's a buy signal from Ichimoku . Based on the previous 2 swing lows we can draw a new uptrend line which will be used as a signal line confirming the upward movement. RSI confirmed price reversal from 300.00 support level . DMI confirms trend market conditions and allows open long trades. We should buy at 230.00 level with stop orders below 184.00 level and the uptrend line. Profit target should be at 300.00 resistance level for short term trading or you can hold this trade in long term. If price breaks the uptrend line, probably we'll seee downward movement to the support levels. It will give us new trading opportunities. Good luck with your trades!
评论: Watch for price action at 220.00 support level and the uptrend line. If price breaks this support zone, the market can drop to 200.00 support level.
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Is it Good time to buy now ? @DLavrov
DLavrov khandujarohan
@khandujarohan, yes, you can buy.
Yes you might be correct in your analysis and I have bought the recent dip but just another perspective below. We can't be certain of anything so just another viewpoint to consider. Thank you for all your great charts today. Very good work.

@DLavrov - thank you for the update - do you mind elaborating more when you say "Watch for price action at 220.00 support level and the uptrend line", right now i do see the price as 223, with respect to indicators, do you mind pointing this out?
DLavrov khandujarohan
@khandujarohan, We need to watch for price action near this zone because if the market bounces, we'll have a good confirmation for further upward movement. It will be possible to add some volume for long trades. But if the market breaks this zone, we should be ready to see downward movement to 200.00 level.
This is the exact line I have been watching. what do you think a BTC retrace would do to this uptrend line?
DLavrov patchwerk
@patchwerk, yes, it can be so and ETH will drop to this uptrend line.
Do you think is gonna go back up to 235 at least ? Thanks!!
DLavrov FabianMarcial
@FabianMarcial, it's possible. The main trend is bullish.
We have bad news for ETH. Hackers stole 30 mln.
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