ETH USD BITFINEX 4HOUR

Ethereum / Dollar BITFINEX:ETHUSD


ETH is the most bullish out of the the big 3, with a lot of potential supports to bounce on, i will be looking to long ETH when i think BTC             will bounce!
630-615 will be the perfect spot if BTC             is also in a buy zone, if not i will still be longing ETH through the BTC             graph.
The next obvious target would be 715 area probably close just before around 710.
You could hold longer hoping this is the swing low on the weekly for BTC             or just for a bigger bounce but that would be hoping!! and i think we could fall further after the next bounce i will be looking for short setups. BTC             might not bounce and just continue falling but the setups wont have good risk reward as i feel the main bit of this sell off is over for now.
Lock in those profits with no regrets

By admin