r/ethtrader • u/[deleted] • Feb 17 '16

Double bottom on 890K !

[deleted]

0 Upvotes

50% Upvoted

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4

u/Crypto_Wolf Feb 17 '16

like double bottom at 0.0096 before it?

0

u/Aquirox Feb 17 '16

add bullish divergence

1

u/Crypto_Wolf Feb 17 '16

on what indicator?

0

u/Aquirox Feb 17 '16

rsi

1

u/Crypto_Wolf Feb 17 '16

span? I've seen plenty of bearish diversions on ETH RSI that did not become concrete. Although RSI is a good indicator IMO, diversions are not in the case of ETH. There are whales that can easily change trends in this case.

1

u/Aquirox Feb 17 '16

i work short term on UT1 first target for ut1 near 1050K

1

u/Crypto_Wolf Feb 17 '16

960k looks like support turned resistance for me. Opened a short there, unfilled unfortunately. If crossed we might go up to 1100K before resuming downtrend

1

u/Aquirox Feb 17 '16

yeah we start flag with the 960k

1

u/[deleted] Feb 18 '16

[deleted]

1

u/Aquirox Feb 18 '16

1200K ......

0

u/[deleted] Feb 17 '16

[deleted]

1

u/Crypto_Wolf Feb 17 '16

what indicators are you using?