AaronCrypto

ETH make it or break it (4 hr ichimoku resistance)

AaronCrypto Updated   
BITFINEX:ETHUSD   Ethereum
Eth failing to break through cloud resistance.
Btc isn't breaking through either, could be dumping soon.


If it closes in the cloud, target is 0.5 fib level @235 area
If it dumps, next support is at Kijun/Tenkan support area @200-204 area
Trade active:
Failed to close in the cloud, hit my buys in 200-204 area.

Trade closed: target reached:
So ETH reached the target.

However, ETH entered the cloud, which was my entry point, but then BTC dropped and this completely annihilates any targets on short term trades... so it hit my SL.

It entered again, and consolidated and eventually hit the target.

The third cloud close was a good entry.
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