Ethereum (ETH/USD) UPDATED - Charts confirmed! Correction done? I don't think so!!!
This is just a quick update for the Ethereum (ETH/USD) Charts confirmed! Correction done? I don't think so!!! post 13 hours ago.
I can see a triangle forming here, a bearish one.
Maybe we'll see the bottom soon?
If you have another view on this your welcome to discuss and post your charts in the comments.
Comments are highly appreciated, and if you profit from this chart, or enjoy my post, please upvote, resteem and follow!
I have learned this profitable EW charting by @haejin btw!
These charts are done at Hitbtc exchange
If you feel like buying me a beer:
ETH: 0x478c06b33f2b03892dcbb03cd353defba356bc26
LTC: LQ3Jc2bq46Dc8FBkdDoDKtAtYp6mNdLDSa
BTC: 1NXnrq9WcF2BoL2dwAgNg85MZ2qiwN5e1j
BCH: 1GTzQYiTn2EqNt3YVp9LoCbzVvouHiHJAD
Hey thedolphin, I was just looking at the ETH chart last night and saw a "pattern" so I drew it out....Do you think ETH could be trading in that channel until it breaks out again?
Thanks
Yes very likely. I still waiting for another dip, but it should bounce back up into your channel again quickly.
On the bullish side you can draw a jaw of wealth using your channel bottom and a top line at the highest prices.
Hi there,
I've started to read your posts and your ETH work seems to be so far so good. I was wondering whether you would be doing any medium-longer trend charts? So far I've seen two people talk about fractuals...and have used them to chart the possible price targets for the medium-long term.
If not...would you be doing anything for what the price targets might be after this correction?
Thanks
Hello, yes they seem to be doing ok, thanks :)
I'll probably try out some long term if or when the correction is well over, it kinda stopped there for me, just waiting for next move in price .
Sounds good. Look forward to your work!
Thanks