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Ethereum
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#Ethereum BULLS - It's done with the drop

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Aftyer lasty nights disappointing drop (Dropped during the early morning hours in the U.S.) The RSI is rounding the corner. Also the 50 MA for the 4 HR time frame is just below. This could be a swing move. Yes that box is the box I am in on my metatrader4.
Note
the last wicked candle that (in the box in this chart) Mitigated a bear candle from a previous schematic. The candle it mitigated, was also a mitigation candle from a previous schematic. both are marked on this 1 HR chart.

snapshot
Note
I got rid of the blue lines because they are confusing. Focus on the pink dashed lines and their origin. The las bear candle down before going up in each schematic.

snapshot
Trade closed: stop reached
The Bears are heavy
Note
Maybe At 355 will see the final stop
BodiesXWix
You're either trading with Smart Money Theory or your just burning your money money. Believe me, I've been there.
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altcoinscoinscryptoCryptocurrencyEthereum (Cryptocurrency)ETHUSDTechnical Indicatorsripplexrpxrpusd
BodiesXWix
You're either trading with Smart Money Theory or your just burning your money money. Believe me, I've been there.
Also on:

Related publications

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.