Ethereum / Bitcoin
Aggiornato

ETH/BTC showing weakness...wave 4 on the way?

1 382
Looks like we either go down for wave 4 real soon, or make one more high for some nice bearish divergence.
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Here is the bear div: istantanea Of course, doesn't mean it can't go higher, but if it's going to reverse, should come soon.
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Fell out of the 4h channel:
istantanea

1d rsi fell out of channel, MACD heading downtown:
istantanea
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Adjusted the purple fibs (of overall run) to incorporate the new high. And added the blue fibs or the wave up to get a better idea of things. And made some good targets accordingly. istantanea
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istantanea
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Broke below the neckline, first target was hit (yellow), went back up to make the neckline resistance, and now it looks like we'll head back down: istantanea
Trade chiuso manualmente
Took 1/3 profits on target 1, another 1/3 on the pinkline break, and the last 1/3 on the red trendline/neckline break...didnt go as far as expected but decent trade. istantanea
Trade attivo
Looks like the price may fail to hold above the neckline, may have just been a fake out, ETH/USD does not look well also, looks real H + S'ey. istantanea
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Watching this triangle:
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Finally ready to drop? istantanea
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Looks like its time:
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Bankers trying to save banker coin from its destiny, SEC reviewing application for possible ETH ETF if you hadn't heard (what a joke lol). But then the big news of today is Grayscale's announcement allowing accredited investors to invest in their new ETC fund...will that dampen the ETH rumor? We'll see. It might, or they could both go up. I'm still not believer yet, could have just been a small fake out before more down, watching this newly formed triangle, if it breaks then OKAY istantanea
Trade chiuso: stop raggiunto
stopwas reached when we broke the triangle last night

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