ETHUSD DCA ANALYSIS
Uptrending on all high timeframes
.
Short term
2h and lower still on uptrend
1H break of s/r
30 min 2 wicks rejecting (waiting for a bullish engulfing candle to enter)
30 min break and retest of s/r
Green EMA crossing bullish
rejecting 0.382 retracement
Enteries for DCA (not day trading)
1- $741 (restest for support/0.382 fib level)
2.$738 (0.5 retracement)
3.$733 (0.618 golden ratio entry)
.
*waiting for bullish engulfing for all enteries preferred*
.
Short term
2h and lower still on uptrend
1H break of s/r
30 min 2 wicks rejecting (waiting for a bullish engulfing candle to enter)
30 min break and retest of s/r
Green EMA crossing bullish
rejecting 0.382 retracement
Enteries for DCA (not day trading)
1- $741 (restest for support/0.382 fib level)
2.$738 (0.5 retracement)
3.$733 (0.618 golden ratio entry)
.
*waiting for bullish engulfing for all enteries preferred*
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