ETH - D1 Target hit

Nov 24, 2018

Yoyoyo, 123$ D1 target hit, this looks interesting.

• Highest volume of the entire year, capitulation ? (even higher then dec. bullrun)
  
• We hunted some stoploss/$liquid.$$ below 123$ and had a major rejection to bring us back above 123$.
  
• 1 Hammer formed on nov 23, an inverse one is forming today ? (need confirmation at D1 close)
  
• Fib Retracement looks good around 0.5 - 0.618 but we need volume first.
  
• The longer we stay at 123$, the worst it will get.
  

R/R is definitely interesting, hmm...