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EuroMotif
24 sep 2018 04:06

EHTUSD retrace watch: Ether pullback from $255 to ?? 

Ether / United States DollarCoinbase

Beskrivning

Ether hit strong resistance in the 255 zone.

I had been scalping ETH on the way up , including per this plan:


Now expecting a more serious pullback for possible larger buy entries

Kommentera

Hmm, first support noticed, but looks to break

Kommentera

Holding for now, as if selling might be done for now. BUT not much buying yet, so maybe was just bears taking profit?

Kommentera

fwiw, bulls closed an hourly Green candle at bullish support

Kommentera

OK then, next zone down.
Bit of a bounce, lets see if this one holds

Kommentera

Another support, another stall but not much of a bounce.
I will be looking for the next zone below, the ''typical eth retace''

Kommentera

3rd time is the charm?
Kommentarer
HD1184K
Awesome. I am considering a long set up right now. Going to wait for the support to be defined so I can place my stop loss and ideal entry.
EuroMotif
@Xzhi, Nice, good plan. Just watch out for the EU morning bears :(
Potential_Try
Is it right to buy now?
EuroMotif
@coin6693, well, I cant say for anyone to buy or sell at any given time, but I did get a couple of small Limit buys filled, now watching for signs of support. BUT, Europe is about to wake up, and they almost always sell first thing, so will need to see what they do
Potential_Try
@EuroMotif, thank you so much^-^
Mer