As we are all aware, various points of resistance have been eaten up like snacks by bulls the past few days, but bears get hungry too, right?
Looking for a top around $8,490 on BITMEX:XBTUSD, which would take the price up a further 5% from its current level. Following the break of the parabolic curve I am expecting a quick downturn to the 0.382, before further...
My last position from 168 - 207 recently closed and now looking for new entry following retracement.
Price still remains within curve and rose much quicker than I originally anticipated, likely due to BTC holding on support.
Possible further extension to 238, should ETH move back to Nov '18 levels.
SL: 182 or break of curve.
Following my last post, ETH is still looking attractive for further gains.
Long from my last post opened at 168, now looking toward 192, with possible further upside to 207 should price remain within the curve.