Still bearish?

Updated

I am waiting for a bigger/final shakeout candle down to the ema 200.The rsi is still too high at present so i exspect a further sellingwave.

The downtrend is full in tact...as Long as eth can not beat that downtrend i would not go Long..it is a classical falling knife

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oups..

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here we go?

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sl adjustment @ enrry could be a good idea..make the position risk free and trail it

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if we cross the last "2" adjust the sl to the actual "3?"

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in the shortterm view we perhaps can see just a daead cat bounce..the rsi made a sellijg signal in this tf

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we should not break through 151,95

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konsequent!

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phantastic

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sl adjustment

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rsi is friendly now

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if eth could break this dominant downtrend, this trade could be a MONSTERTRADE

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H&S ?

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perfect!!!

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Attention pls! :-) We are trading exactly at the MoB! A decision has to be made NOW!

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phantastic 1-2-3 game :-9

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RSI is overbought now

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rsi told us the truth again...the dip was not as deep as i thought

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if this really is a breakout a huge buying wave could be initiated....the first tp is still the 38,2 fibo on it`s way up

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wow..reached the next tp...awesome!

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the 38,2 is not far away....

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crazy....! kissed exactly the 38,2 fibo..cheers !

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rsi in the hourly is overbought again...perhaps we see a really nice bottom..perhaps a H&S?

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Trade closed: target reached

crazy

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kissed nearly the next (0,5) fibo..wow

watch the rsi!

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upmomentum is still i tact

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next buying wave ahead?

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again 10%?

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rsi is overbought...so i have illustrated an alternative way in my Chart...

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eth decided to take the alternative route

- the breakout Szenario is still in tact

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was the kiss of the fib 0,5 the end of the consolidation?

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1-2-3?

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ok, 1-2-3...

rsi is friendly now...is this the end of the consolidation?

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rsi= buy?

let`s go

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the hozrl rsi is far away from a buying signal

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shortterm downtrend is history. ! thats bullish!

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237 should be aimed now...this is the next shortterm resist

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280 would be the double bottom tp

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ok...the up-momentum weakens....the highs are lower and lower.... it has to happen something!

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no more double bottom szenario..we have to recover the 225...

...with the running candle, the uptrend seems to be broken.

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ok..consolidation time...

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we nearly reached the max. correction level of the upwave 136-260. this level is corresponding to the former midterm-downtrend and the shortterm downtrends bottom edge...The rsi is a bit friendlier...the max. fibo should not underbeaten...below that level eth could see a shortterm "selloff" (perhaps down to the former low @ 136
-Trading above 210 respective 225 will brighten the chart and make him bullish again (or still)

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worst case - not my fovourite:

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made a new "3"....

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here we go again!

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isn`t that nice ?

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hmmm....eth vs btc btc is much stronger, the breakout is done....will we see the breakout in eth with a timely gap?

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btc vs eth

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new thread for my shortterm view:

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when dreams come true

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awesome

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phantastic

Trade closed: target reached

I would close that phaenomenal trade right now..the rsi turns negative...enough is enough..cheers

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kissed the max fibo

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nice flag

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awesome

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after kissing tp1 a double top is formed. The rsi is signalizing that we perhaps will dip down to the max fibo

The_Cannalyst

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