OneManTrading

Still Trending Down

OneManTrading Updated   
KRAKEN:ETHUSD   Ethereum
Still convinced that the 4HR trend pulled ETH down and the 1HR, 30min, and 15min were all for temporary gains/trades.

At this current rate we may hit the 600 price area via the 61.8 fib. Drawn deeper the 61.8 fib corresponds with 578.

600 range still appears to be a good entry point.

All hypothetical. Due your due diligence and good luck!
Comment:
Not looking strong. Gonna hit the 670-650 range this time (shaking the tree) or run back up and break the 770 resistance of the formed symmetrical triangle?

Bears taking over for the end of the year after our big bull run?

Stay tuned. Do your own due diligence. Good luck!
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