ckaty

ETH. What's next?

ckaty Updated   
BITFINEX:ETHUSD   Ethereum
On daily eth is in downtrend and our targets where to buy are: around 714 and 650. Now if u trade on lower timeframe then on 4h eth broke trend line and going for 950-1000. Current area is still good buy but 840-860 range is even better
Comment:
ETH broke trend line on daily as well. Any pullbacks will be another good opportunity to add to long.
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Didnt break the main trend line tho yet so on a larger scale it is in downtrend still.
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ETHUSD is very bearish atm.
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Targets are: 730 (already got there), 650-660, 570-580.
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All targets are reached. U can still scale in at 570-580 after the bounce and another target we can probably reach is around 500.
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