Second_Mouse

Second_Mouse

This is starting to look like a similar setup when ETH corrected in Dec. ETH just bounced off the 61.8% retracement from the Dec low to the recent high. 61.8% is the most common fib retracement level for a reversal. If the pattern holds ETH will now rally to around 1270 at the top of the cloud then pull back to around 1010 before heading back up.

Second_Mouse

We have a spike low on high volume and a 15 min reversal bar.

Second_Mouse

We are approaching the 61.8% retracement from the last correction low to the most recent high... 61.8% is is the best fib level for a short term reversal.

Second_Mouse

61.8% fib retracement is a high % reversal point. CM_RSI is oversold and a close below 10 then a close above 10 would be a BUY signal.

Second_Mouse

61.8% fib retracement has been touched and rejected. The CM_RSI is flashing buy.

Second_Mouse

Target 367.

Second_Mouse

Downtrend broken...sell at 17655.00 which is the 161.8% fib extension.

Second_Mouse

1. - Breach of 50% retracement from yesterday's short term high and reverse up (yellow arrow). Confirmed on close of bar. 2. - Stoch RSI crossing up (magenta arrow). BUY on intra-bar Stoch RSI cross over.

Second_Mouse

ETH buy criteria: Wait for 2 confirmations for higher low... 1. - Breach of 61.8% retracement from yesterday's short term high and reverse up (yellow arrow). Confirmed on close of bar. 2. - Stoch RSI crossing up (magenta arrow). BUY on intra-bar Stoch RSI cross over.

Second_Mouse

BUY criteria: Wait for 2 confirmations for higher low... 1. - BTCUSD breaching the 61.8% retracement from yesterday's short term high and reversing up (yellow arrow) - complete. 2. - Stoch RSI cross over (magenta arrow) - waiting.

Second_Mouse

Calling bottom here....CL reversed off the 100% retracement (S3) monthly fib pivot @ 35.05. Stoch RSI cross over + CCI bullish divergence suggest a medium term bottom. Previous low on Aug 24 was also at the 100% retracement(S3) fib pivot.