Ethereum is showing us some really nice impulse and corrections and appears we are at the bottom of a correction now and ready for the next impulse.
Trade Idea:
- Enter with stops below the 50 fibonacci (risk entry)
- For confirmation, wait for the break of the red descending trendline (safe entry)
- Target the recent highs as first target and then the -0.27 fibonacci as second target
Let us know what you think. Goodluck!
Trade Idea:
- Enter with stops below the 50 fibonacci (risk entry)
- For confirmation, wait for the break of the red descending trendline (safe entry)
- Target the recent highs as first target and then the -0.27 fibonacci as second target
Let us know what you think. Goodluck!
Comment:
Comment:
Rejected the 78.6 fib
Comment:
Moving nicely
Waiting for the strong bullish move and break of trendline