ETHEREUM TRADE LEVELS - THE PULLBACK WILL ALWAYS COME

last month
63 in ethereum


Coin Desk

GOOD AFTERNOON STEEMIT,

Continuing with the market pullback theme, remember when We were looking at Ethereum at $1000 and asking whether it will give us a retest?

Whether you’re already an ETH holder or you’ve been waiting to add it back to your portfolio, you’ve just been given the chance you were waiting for. Take a look at the daily chart:

ETH/USD Daily

EE0C64A7-BDE4-4FA3-AE07-1B5B80BA709A.png

Well there’s your $1000 retest... with some change! Most interestingly to me as a trader is the fact that the little extra that price pushed down, actually put it right into that buy zone that was marked on my chart.

Further to my own trading strategy, once a higher time frame support level such as this hasn’t held, I wait for an intraday retest of previous short term resistance as support and buy. This is that spot on the hourly:

ETH/USD Hourly

8859E377-EC25-4CEF-B78C-2983BE9DD419.png

Ethereum is a top quality project that should be in everyone’s portfolio to some degree. Don’t let this chance pass you by.

Peace ✌🏻.




Please leave a comment with your ideas or just share a chart.

Blogging about markets is all about sharing ideas and making us see all possible angles. I look forward to having you follow along and reading what you throw at me.

Twitter: @forexbrokr
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Sort Order:  trending
52
  ·  last month

Ethereum is a top quality project that should be in everyone’s portfolio to some degree. Don’t let this chance pass you by.

Couldn't agree more . 2018 is going to be big for ETH.

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63
  ·  last month

👌🏻 bigger than 2017. Which was huge!

42
  ·  last month

I also think that ethereum is a top quality project,i will put it in my portfolio because i cant let that chance pass me by.thanks for the information

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63
  ·  last month

Not a problem. Onward and upward together!

45
  ·  last month

if like same than maybe possible

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63
  ·  last month

Yeah, something like that!

40
  ·  last month

I did use this pull back to get some ethereum. I could have waited a little bit longer for a little better price if I wanted to sit by my computer all day, but had I waited I could also have missed the dip completely. This is a very volatile market.

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63
  ·  last month

Yeah I wouldn’t stress. You’re never going to be able to buy the exact bottom. It won’t matter in a few months anyway :)

42
  ·  last month

very interesting post thanks for sharing greetings

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63
  ·  last month

No worries, greetings!

43
  ·  last month

Gimme all the ETH 👨‍✈️

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63
  ·  last month

Nom nom nom!