Ethereum (ETHUSD): A Short Setup Short

Ethereum / U. S. DollarKraken

Description

⋅ Sep 11, 2017 9:21 AM

Things aren't looking good for Ether in the short term. According to my wave model, the drop below 280 is very likely, with pitchfork's median line being a dynamic target level.

Comment

⋅ Sep 12, 2017 1:54 PM

And now we have an entry point here:

Trade closed: target reached

⋅ Sep 13, 2017 7:33 AM

Minimum target met easily.

Comments

kargs

⋅ Sep 12, 2017 6:01 PM

Thanks! What those red lines on the sides of the pitchfork mean?