Slow motion Short to 2308$ -- 09/28/20121
Hi Everyone
As a matter of fact we are all witnessing the Slow-motion phase to down side and Quine of the Cryptocurrency is whiling to be copy past the King Pattern way to make sure this time King will do the Required Bottoming Under the Quine Watch.
Support me if you fund this article useful and send your Comment and question if there is any .
At the time of writing this analysis the price is around 2911 and ETH trying to retest the support that left behind untested.
The Indicators:
25 out of 48 indicators that we used to Draw the Chart are sending Strong Sell Signal and only 3 of them Giving BUY Signal while 20of them are sending Natural Signal.
Analysis:
This is all about the Sell signal but you have to keep in your mine that its is just the start of Downtrend for Now as all the line are leading us to the lower supports while with The MA 50-100-200 Acting as Resistant In 4HD Chart as 1D Chart time farm as you can find in my pervious Analysis attached Below.
MACD is showing Bearish Momentum Increasing and Volume are weak and turning to Bearish as well as RSI AND CCI.
Suggestion : In my opinion Keep your money on TEHTER and Wait for the right Moment to Enter the Market and Buy it Dip .,it will be the last leg of ABCD wave and it may take few days to complete.
Please Trade Base on your Strategy and Knowledge,.
Price is 2906 at the moment
Position : Short
Support : 2783-2603-2448-2308-2104-1800-1715
Resistant : 3024-3175=3285-3334- main 3752-3999-4269-4515-5677-9756-
Happy Trading and Good Luck
As a matter of fact we are all witnessing the Slow-motion phase to down side and Quine of the Cryptocurrency is whiling to be copy past the King Pattern way to make sure this time King will do the Required Bottoming Under the Quine Watch.
Support me if you fund this article useful and send your Comment and question if there is any .
At the time of writing this analysis the price is around 2911 and ETH trying to retest the support that left behind untested.
The Indicators:
25 out of 48 indicators that we used to Draw the Chart are sending Strong Sell Signal and only 3 of them Giving BUY Signal while 20of them are sending Natural Signal.
Analysis:
This is all about the Sell signal but you have to keep in your mine that its is just the start of Downtrend for Now as all the line are leading us to the lower supports while with The MA 50-100-200 Acting as Resistant In 4HD Chart as 1D Chart time farm as you can find in my pervious Analysis attached Below.
MACD is showing Bearish Momentum Increasing and Volume are weak and turning to Bearish as well as RSI AND CCI.
Suggestion : In my opinion Keep your money on TEHTER and Wait for the right Moment to Enter the Market and Buy it Dip .,it will be the last leg of ABCD wave and it may take few days to complete.
Please Trade Base on your Strategy and Knowledge,.
Price is 2906 at the moment
Position : Short
Support : 2783-2603-2448-2308-2104-1800-1715
Resistant : 3024-3175=3285-3334- main 3752-3999-4269-4515-5677-9756-
Happy Trading and Good Luck
