ETHUSD 8h: Trend channel up to 600 USD.

4 Sep 2017

The current trend channel was already visible on 2 August. Compare it to my chart. Now this trend channel has been further confirmed. Therefore, I expect a maximum correction down to about 320/300. If 300 falls next support at 275/260, then 220. but that's not going to happen after my analysis. Then it could go further up. But be watchful. Maybe the correction at btc will not be so strong according to the technical analysis. I see a positive development for all cryptos until end of the year.

Let's see what happens. Happy trading. :-)


See also chart from 2. Aug:

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and:

https://www.tradingview.com/chart/ETHUSD/zKJW8elC-ETHUSD-8h-Upward-movement-ahead-225-300-500-USD/

https://www.tradingview.com/chart/ETHUSDT/0RfONAOo-ETHUSD-8h-We-are-going-to-the-next-level-350-600-USD/

4 Sep 2017

Nota

view from a distance.

4 Sep 2017

Nota

maybe we saw lowest low at 270/275.

7 Sep 2017

Nota

if the breakthrough at 335 will be confirmed in the next few hours, another up is possible.

8 Sep 2017

Nota

strong support at 300. okay. up could be expected.

8 Sep 2017

Nota

13 Sep 2017

Nota

support at 260. if it fails, next at 235.

15 Sep 2017

Nota

lowest low? maybe yes.

16 Sep 2017

Nota

ETHUSD (8h) close-up of the current situation