normstock

Ethereum looking for its structure.

BITFINEX:ETHUSD   Ethereum / Dollar
This Ethereum is quite different from the one we knew, much more dynamic that responds well to the trends of new users in the "Crypto world" and seeks to have more prominence. That makes it difficult to know what is planning, however we can have some clues. For example, at present, it seems that he need to touch his support in the daily chart (1D) before continuing the journey. Further down in $ 572 we have another support.

Unfortunately the most solid support we will not find until the area of $395 and I say unfortunately because having a support so low gives chance to get scare one more time.

Re-touching the area of the $620 will help us to define the trend that is seen between very thin lines to the upside. Without a doubt Ethereum will give us many emotions next year.

Hope this is useful for you guys... Happy New Year!!!!
Kommentar: Looking good... Take care of your resistance!!

Kommentar: Floating in space !!!

What a wonderful and better way to start the year, however I do not enjoy environments in which I do not have references, so I delimit them.

As long as it respect the blue lines of what I frame as the "work area" I will let the movement run. If it cross any of those blue lines I will partially or completely close my positions for a short period, buying again when i confirm the continuation of the upward movement.

Kommentar: Ethereum is securing another "safe zone" so my plan is to let it work. My supports are at $890 (tight) and $818 ($810 acting as a stop).

The green area bounded by the angle 1/1 of Gann (from the original movement) provides us with lateral support.

The alarm of $890 will warn me if the fight is not easy and I have to be a little more aware. Within the red area, I will definitely tighten the angles and if lose horizontal supports I will begin to close my positions.

My goal is to cross the $ 1000 from which I will begin to close my positions and wait for a re-entry.

Interesting note, It respect the levels 1 and 2 of "fib time zone" what will happen in the third line? we'll see...

Kommentar: ohhhh!! I love the smell of $1000 in the morning... hope you too!!
Trade geschlossen: Ziel wurde erreicht: $1000... I'm out guys, I'll wait to see how it develops and I'll make a new entry plan.

thx all...
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