Ethereum / Euro
Short
Updated

$100 / €100 Ethereum?

240
Chart just confirmed head & shoulders with RSI trend line acting as resistance on three occasions now. Be patient and cheap cheap Ethereum will be yours.
Trade active
Might get anther opportunity at €140 - as can be seen above, the falling wedge will usually confirms about 70% into the pattern / November 22nd.

snapshot
Trade active
The weekly chart is looking ugly. A massive bearish engulfing candle. We'll have to wait until the week is closed, however. If it stays as it is now expect more downside to come. For now we've stopped at the 61.8 golden ratio, a test of the next level looks likely.

snapshot
Trade closed: target reached
Weekly charts never lie!

Today we had a bounce off the 0.78. Yup the market is fretting, blood on the streets. Now is the best time to start filling up.

snapshot
Note
€130, €100, it's all the same don't try to catch the exact bottom when considering the upside.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.