3D chart looks bad.
1. Stochastic DMI triple top and curving down
2. Stochastic RSI overextended and curving down
3. Fisher Transform downtrend
4. Price still below the 21 EMA resistance, where it might bounce off and dump
5. Laguerre PPO reset and curving down
6. Long-term symmetrical triangle, which is usually a bearish continuation pattern
7. 168 is the yearly low, which hasn't been tested yet
1. Stochastic DMI triple top and curving down
2. Stochastic RSI overextended and curving down
3. Fisher Transform downtrend
4. Price still below the 21 EMA resistance, where it might bounce off and dump
5. Laguerre PPO reset and curving down
6. Long-term symmetrical triangle, which is usually a bearish continuation pattern
7. 168 is the yearly low, which hasn't been tested yet
Operación activa:
ETH dumped 3.6% to 197 in 4 days, which is smaller than I had anticipated. The 3D indies are still trending down. I've moved my stop loss to 200.1 and targeting the last swing low at 190, at which point I will re-evaluate to see whether we have enough juice to get to 168.
Operación cerrada: precio stop alcanzado:
Stopped out yesterday at 200.1 for a meager 2.2% profit. The 3D indies have played out. I also forgot that volatility has been falling, so it's unlikely that we'll dump or pump very far. It might take weeks or months to reach a price target that would've taken only days a few months ago.