I am waiting for a bigger/final shakeout candle down to the ema 200.The rsi is still too high at present so i exspect a further sellingwave.
The downtrend is full in tact...as Long as eth can not beat that downtrend i would not go Long..it is a classical falling knife
The downtrend is full in tact...as Long as eth can not beat that downtrend i would not go Long..it is a classical falling knife
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oups..
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here we go?
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sl adjustment @ enrry could be a good idea..make the position risk free and trail it
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if we cross the last "2" adjust the sl to the actual "3?"
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in the shortterm view we perhaps can see just a daead cat bounce..the rsi made a sellijg signal in this tf
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we should not break through 151,95
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konsequent!
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phantastic
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sl adjustment
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rsi is friendly now
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if eth could break this dominant downtrend, this trade could be a MONSTERTRADE
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H&S ?
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perfect!!!
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!
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Attention pls! :-) We are trading exactly at the MoB! A decision has to be made NOW!
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phantastic 1-2-3 game :-9
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RSI is overbought now
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rsi told us the truth again...the dip was not as deep as i thought
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if this really is a breakout a huge buying wave could be initiated....the first tp is still the 38,2 fibo on it`s way up
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wow..reached the next tp...awesome!
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the 38,2 is not far away....
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crazy....! kissed exactly the 38,2 fibo..cheers !
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rsi in the hourly is overbought again...perhaps we see a really nice bottom..perhaps a H&S?
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Trade fechado: objetivo atingido:
crazy
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kissed nearly the next (0,5) fibo..wow
watch the rsi!
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upmomentum is still i tact
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next buying wave ahead?
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again 10%?
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rsi is overbought...so i have illustrated an alternative way in my Chart...
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eth decided to take the alternative route
- the breakout Szenario is still in tact
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was the kiss of the fib 0,5 the end of the consolidation?
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1-2-3?
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ok, 1-2-3...
rsi is friendly now...is this the end of the consolidation?
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rsi= buy?
let`s go
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the hozrl rsi is far away from a buying signal
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shortterm downtrend is history. ! thats bullish!
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237 should be aimed now...this is the next shortterm resist
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280 would be the double bottom tp
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ok...the up-momentum weakens....the highs are lower and lower.... it has to happen something!
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no more double bottom szenario..we have to recover the 225...
...with the running candle, the uptrend seems to be broken.
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ok..consolidation time...
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we nearly reached the max. correction level of the upwave 136-260. this level is corresponding to the former midterm-downtrend and the shortterm downtrends bottom edge...The rsi is a bit friendlier...the max. fibo should not underbeaten...below that level eth could see a shortterm "selloff" (perhaps down to the former low @ 136
-Trading above 210 respective 225 will brighten the chart and make him bullish again (or still)
-Trading above 210 respective 225 will brighten the chart and make him bullish again (or still)
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worst case - not my fovourite:
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made a new "3"....
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here we go again!
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isn`t that nice ?
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hmmm....eth vs btc btc is much stronger, the breakout is done....will we see the breakout in eth with a timely gap?
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btc vs eth
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new thread for my shortterm view:
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when dreams come true
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awesome
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phantastic
Trade fechado: objetivo atingido:
I would close that phaenomenal trade right now..the rsi turns negative...enough is enough..cheers
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kissed the max fibo
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nice flag
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awesome
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after kissing tp1 a double top is formed. The rsi is signalizing that we perhaps will dip down to the max fibo