ETH buy opportunity soon!

Aug 6, 2019

ETH should fall to $227 or $220 (depending on the EMA support), and will get bought back up from there. The 1H chart is nice to time this (along with the 15m). Get ready to find the bottom here. Still overall bullish on the 4H and 1D. Just looking to snipe this next trade, not necessarily go long from $227 or $220.

Aug 6, 2019

Note

Support still at $227 but there's still a chance we slip and fall lower to $220 (Red 200-period EMA and trendline). It's a bullish sign that the 1H MACD looks so ugly and yet ETH is still holding $227 quit easily. I'm still looking to buy on the rebound from $220 or $224 ichimoku cloud. Waiting patiently for a good opportunity to get back in, too risky from $230/$235 resistance level.