$ETHUSD recently touched the lower trendline and bounced sharply.
On the 4HR timeframe using Supertrend, there's a Bull signal setup on $ETHUSD if close > 273.25
Also looking for Bull signal confirmation on CM Ultimate
*Trade at your own risk. Not investment advice.
On the 4HR timeframe using Supertrend, there's a Bull signal setup on $ETHUSD if close > 273.25
Also looking for Bull signal confirmation on CM Ultimate
*Trade at your own risk. Not investment advice.
Comment:
Trade may trigger this H4, currently ~ 274.
Comment:
No trigger yet. Still watching.
Trade active:
Trade Triggered on: 9/17 at 21:00 PST @ 282.29
Confirmed: CM Ultimate
Next signal on watch: 8HR Bull signal with close > 300.59
1st target: 353
2nd target: 405
Confirmed: CM Ultimate
Next signal on watch: 8HR Bull signal with close > 300.59
1st target: 353
2nd target: 405
Comment:
No danger yet in my eyes, possibly just a re-trace. My stop is close under 253.76 on 4HR chart. The lower long-term trendline is where the real danger is, and that's ~ 208 and rising.
To Note: On last big up-thrust, starting with first green Supertrend signal on 7/17 and second signal on 7/29, the second signal was when the real move happened. So, even if we get a 4HR sell signal it may be a very small correction, I'm buying large on the 2nd 4HR buy signal if the pattern is similar to what happened last time.
To Note: On last big up-thrust, starting with first green Supertrend signal on 7/17 and second signal on 7/29, the second signal was when the real move happened. So, even if we get a 4HR sell signal it may be a very small correction, I'm buying large on the 2nd 4HR buy signal if the pattern is similar to what happened last time.
Comment:
Looking back at my previous comment, the 4HR Chart held up, and the 8HR bull signal just confirmed. Looking for 353 next, then 405.
