DaDude

ETH fibs and lines of resistance

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DaDude Telah dikemas kini   
BITFINEX:ETHUSD   Ethereum
fibs and resistance lines on a heikin-ashi chart
Komen:
unnatural 4 percent+ diff on eth vs BTC atm. I'm thinking of a theory wales are coiling up for a bounce.
Komen:
panic seems to be decreasing as long are going up again
Komen:
So if le whale switches his ETH over to BTC to buy i up cheap that would make ETH drop more than BTC. Then once they are done buying up BTC they will jump on the occassion to buy in on ETH cheap too. Just a theory, sharing my thinking out loud.
Komen:
lightning struck drop = previous drop
Komen:
people cashed their shorts in on ether
Komen:
fibs on last drop
Komen:
Komen:
Komen:
so we had an impulse wave up thinkin g this is now turning into an ascending triangle with an abcde pattern.
Komen:
sorry a c and e should be consecutive lower lows
Komen:
messing around with bullish ideas :-) Feel free to correct me!
Komen:
nope not a running zigzag B is to high for that scanning patterns again :) the bullish ones ofcourse
Komen:
zooming in on a 2 minute chart is awesome LOL, very bullishh
Komen:
wave 3 starting
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