Ethereum Buy Opportunity

POLONIEX:ETHUSDT   Ethereum / Tether USD
The price is going to bounce from the uptrend line. RSI is in the oversold zone and it confirms the price reversal. MACD and DMI are still bearish , but if the price breaks the downtrend line and 800.00 resistance level , we'll get a good signal confirming the further upward movement. The uptrend line is the signal line. If the market can stay above this line, it will be a good support for buyers and we'll see reaching 1000.00 level very quickly.

Alternative variant: the price bounces from the downtrend line and breaks the uptrend line. If so, we should be ready to see the market falling to the support zone formed by 500.00 support level and the 2nd uptrend line. This zone will be good for buying too. Just we'll need to get strong signals confirming the price reversal.
Crypto Signals and access to ICO presales: http://bit.ly/2zTDJPB

My profitable trading robot: http://bit.ly/2uNEd43

An advanced course on chart reading: http://bit.ly/2A034au

Learn how to Trade on my project: http://bit.ly/2zTDJPB

Well it looks like we are about to round off this bear market with BTC 6000 and ETH 450. Excellent entry levels in a few days for buying in for the long term.
Thanks for this idea. TA aside when I look at the rhythm of the two waves since beginning of February I see us at the start of a third wave with no upwards potential and at the top of an impending drop.
woldon woldon
@woldon, similar pattern on the BTC day chart. It was yesterday's bull run that put this pattern into play. Let's see how this plays out :-)
Hi, I'm concerned about death crossing SMAs (50 day going crossing below 100). The crossing looks like it's due to happen next week. around 16th.
What do you think about that? I believe we will see the resistance of the 50 day SMA heading down before we even reach 800.
Very nice and honest review! Thumbs up!
@OBKTRADER123, thanks!
so, what are the entry and target points?
+1 Balas
DLavrov bdavletov
@bdavletov, it's possible to buy above 800.00 level. Profit targets are the resistance levels.
+4 Balas
MS Bahasa Melayu
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Laman Utama Pengimbas Saham Pengimbas Forex Pengimbas Crypto Kalendar Ekonomi Bagaimana ia berfungsi Ciri-ciri Carta Peraturan Rumah Moderator Laman web dan Penyelesaian Broker Widget Perpustakaan Carta Stok Permintaan Ciri Blog & Berita Soalan Lazim Bantuan & Wiki Twitter
Profil Pengesetan Profil Akaun dan Bil Tiket Sokongan Saya Hubungi Sokongan Idea-idea yang diterbitkan Pengikut Mengikuti Mesej Peribadi Perbualan Log Keluar