Hello Lads and Ladies,
Let’s get a quick TA down on .
We can see here very well that is quite weak and has been very weak in the latest drops, even made an unexpected low of $115.
Right now, likewise to the TA, we are basically in a or even a and it is not looking .
We can see that we have a strong support at 120$ but breaking it significantly, is really making me unsure of bounce here.
The broken support simply needs a close below it and its dropping again.
So, technically we have once again the situation.
4h
market structure -> short
Broken support -> short
Weak $ETH in a lot of trouble lately -> short
Momentum indecisive but nowhere near a long yet. -> short
StochRSI is above middle, very thin apart and in short mode, little drop and it opens up again. -> short
OVERALL -> SHORT
SL?
Close above orange line. -> Invalidation then.
TP?
Basically every 5$, if you want to be sure, make it every 3$.
Some hopium?
Expecting a big big bounce for . It might be at the tip of the at 106$ I rather plan 100$ for the bounce.
Also have an order at 90$ for my long term Bitmex hold blockfolio.. would be juicy.
Like and Follow me and you will find this page interesting because I am a TA expert and professional day trader in crypto since 2012 that does daily updates and new posts about the hottest and most discussed coins.
We are also having a discount on our private mentoring group. Check out or discord and the #info-paid-service
Cheers, TJ
Published at Sat, 24 Nov 2018 10:54:24 +0000
