MohsenCapital

ETH ROCKET UPDATE .2 (CORRECTION PHASE)

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BITFINEX:ETHUSD   Ethereum
Traders,

Here we have ETHUSD D chart.

Kindly check the main idea:


then update .1


Let's talk about the situation of this monster for the next few days at the first update drew a neck line to be broken and it will cause of the end of the up-trend is going to be end soon here on the 4H chart as you see below :''the heavy blue line is the newest down-trend line'' that will lead the price to break the main up trend and heading to the 500$ levels.

Note: 40 like to update this series with you guys to know if there any traders are interested with it or leave it to the wind
Trade safe at the end

Regards,
Mohsen
Komen:
Tend to make perfect double top on 4H chart, So if you are out of this trade I see that it is a bull trap lead to double top pattern even cypher will lead us to a bear trend so trade safe and capital re-council from the beginning.

Regards,
Mohsen
Komen:

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