etherium entry closing in
been watching eth for the last few weeks looks like major support starting to build in the 50-55 zone witch is about 300usd 400cad potential over the medium term looks to hit around .1- .15 for a nice exit ....... personally i will be selling half at this level to create a risk free position
this is a weekly chart you will see market structure is still bearish but strong SCMR support has painted into one long zone
EWO is about to flip bearish same with macd and stochastic rsi is about too bottom all good signs that the bottom is coming in soon
3 day chart provides more resolution to picture but its still the same story more down for a big up in may june
EWO and MACD are red and rsi has bottomed so we might see a small bounce before we bottom out
![Screen Shot 2018-03-24 at 8.07.21 PM.png]
(
)
daily seems to confirm an incoming counter trend bound that may take us to 70 were you can see the notch in the volume profile on the right !!
happy trading .. remember less trades over long term is make more profits with better risk versus reward!!
For future viewers: price of bitcoin at the moment of posting is 8497.20USD
what does your comment have to do with eth ?
Nothing recently
Congratulations @iskifreely! You have completed some achievement on Steemit and have been rewarded with new badge(s) :
Click on any badge to view your own Board of Honor on SteemitBoard.
To support your work, I also upvoted your post!
For more information about SteemitBoard, click here
If you no longer want to receive notifications, reply to this comment with the word
STOPCongratulations @iskifreely! You received a personal award!
You can view your badges on your Steem Board and compare to others on the Steem Ranking
Vote for @Steemitboard as a witness to get one more award and increased upvotes!