Emvo

618 should rather hold.

Emvo Aktualisiert   
POLONIEX:ETHUSD   Ethereum
Hi again. This time, I will show you the two different direct variant at daily timeframe.

While I am posting this TA, ETH is testing 618 retracement of my FIBO, which is neckline of the huge Head and shoulders pattern forming by November2018.
This dark blue neckline and FIBO 618 retracement, could determine a direct created where's downside in fullfill is -58% /cca 65usd at S3 support /,and upside for lightblue ,Adam and Eve's pattern, even at 2.618 FIBO / cca 424usd /.

I also like to mention , it very looks like the Bitcoin chart. Which is in overtake performance in front of BTC / LTC too /.
So I little expect , by time, that Bitcoin could go lower based on these 2 altcoins. Maybe I will share BTC TA too.

Here, at MACD I drew the symetrical triangle from long term chart evidence and decision timeframe to the 20th Novebmer, or sooner.
*This is a long term analysis. Do not take like it will happen in a few days. Ok ?

Actually, I like to see, if FIBO 618 hodl with neckline broken of H/S . Then I'll post a new update.
Now, I have no personally clue for direct, so I am staying neutral . Cheers "

*This is not a financial or investment advice. Never trade/invest, by my personal ideas.
Kommentar:
618 daily closed above. Today is holding .
Kommentar:
Fibo 618 holds. And now appears like the morning doji star is creating.
I like to see altseasson and hold of this retracement .

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