deanbyronbay

ETHER BUY ZONE - Part 2 - UPDATE

Long
BITFINEX:ETHUSD   Ethereum
Trade is progressing as expected - if somewhat slower than anticipated..
Patiently still waiting for ETH to enter my buy zone 240 to 270 area.
A break below trendline into the top of buy zone is now retracing to pivot area - could go either way.
Buy signal - and upward move out of my buy zone - is a close on the 4 hour chart candles above the intersecting trend lines (left of the up/down arrow)
But a rejection of the trend line cross should see price move downwards and offer a buying opportunity?

Related Ideas

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.