anonymousanon4647
Long

ETHUSDT 19/20 july prediction.

POLONIEX:ETHUSDT   Ethereum / Tether USD
We are looking at the Wednesday night/ Thursday morning events, predicting a 205 high based on fib retrace from the all time high, also coinciding with the top of the downtrend resistance. After that I am looking at a retest of the short term up trend support, positioning accordingly whether it breaks or not.
Comment: target (205) was hit one hour after posting this.
hi,what event are you talking about?
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@HondaJr, as we have seen it in the last weeks, people start selling in anticipation of the weekend. Poor wording from my side, not an actual event but more when I think the weekend sell will begin.
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HondaJr anonymousanon4647
@anonymousanon4647, ok, why is that in the weekend? i think that people feel already comfortable and relax..

i also wonder it goes up to 209area first.
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@HondaJr, I think because there is no new money coming in during the weekends since banks are closed and people know that there is little grow potential so they take profits and wait it out.
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HondaJr anonymousanon4647
@anonymousanon4647, thank you for the comment!
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