TradingView
bensonwithin
Apr 17, 2018 2:39 AM

Ethereum Not Quite Yet Long

Ethereum / TetherUSBinance

Description

Previously broke out like many other coins but I see a small correction coming.
Weak crossover on the macd
Rsi going down
Trend line support + 200 ema support at buy zone
My trend lines are clones of the bottom trend line so they are at the same angle. You can see how the lines are establishing points of resistance. Now they we have that set, we can use them as target zones. Sell at the line, rebuy lower, and then repeat. Or you could hold until we signs of a major correction.

Tip: Don't try to squeeze every penny out of a trade. Take your profits when you can. If you sell and the price continues to rise then so be it. Better than losing money due to greed.

Comment

ETH already starting to run!

Comment

Small run up. Dollar cost average your position

Trade closed: target reached

Target hit with precision
More