Eth soon to make a move out of pong limbo to a bull or bear stance.
Prediction around 2 am Central time watch for Ether to break through Fib Confluence at
golden line points of 1054.81 (downturn bear - sell) or 1147.78 (upturn bull - buy)
Look for another major market move on Feb 5th around the same time.
Prediction around 2 am Central time watch for Ether to break through Fib Confluence at
golden line points of 1054.81 (downturn bear - sell) or 1147.78 (upturn bull - buy)
Look for another major market move on Feb 5th around the same time.
Trade active:
If you followed my advice and got out around 1054 you should be alright. Now we need to find an entry point back into the game. Still working on analysis but for now I would wait until things shake loose more. Still too much resistance at the 38.20 % retrace point (1009.75). I would wait until we see a breakout above the 1009.75, verify then jump back in.