willdathrill

Chance for ETH Long

Long
BITFINEX:ETHUSD   Ethereum
Taking a look at the ETH chart it appears that we have turned bullish on the 1 week MACD which leads me to believe that this small bull trend we've rallied together could just be starting. I expect a series of new highs with the current correction around on the 0.382 FIB. I have 33% in now and look to enter the rest of my position around the .5 FIB levels and .618 levels. If we see a close below the .618 I will become bearish. My main entry will be around the 55 Day MA which is on par with the .5 FIB level. The break of the 55 Day MA will mean more downside and a potential trend removal. This is not financial advise. Shoot me a like and follow me.

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