ETHUSD - On to Eighty?

5 feb 2019

I have no idea where ETH USD is going in the Long Term. Personally, I enjoy a micro level, but this is an interesting pattern. Everyone is calling for $100 Retest, and an $80 retest - maybe the market will get it. Maybe it wont.

Possible that the sooner it retests $80, the sooner it can challenge on to $220

Good Luck Traders!

5 feb 2019

Trade attivo

I think I'm wrong on the pattern. If this is a Bearish Gartley, we have to move up before we can move down.

6 feb 2019

Nota

The numbers qualify for a Bearish Gartley. Which would mean, a move up, before a move down. I'm sidelined waiting for the move. If it breaks down, it does. If it breaks up, there is a good target zone.

6 feb 2019

Trade attivo

We may as well be consistent with the pattern on recent price action as well - which may suggest a view from 95.