The Etherum platform coin (Ether or ETH for short) is showing very bullish signals. I am not a big ETH fan but I am sure that many of you will enjoy trading this coin. We might be looking at new All Time High (0.0883 Aug. 2017).
I am using the candle stick analysis with the TD Sequential indicator to predict price movement. This indicator is perfect for swing trading (Just putting it out there for those looking to learn). -We will have another green candle on the 4h chart.
Indicators confirm and support an uptrend:
-MACD and RSI showing very bullish signs. Other indicators not shown on chart as well. -Clear uptrend signaled on the chart
*** Buy-in: 0.0285 - 0.0356
*** Targets: (1) 0.038 (2) 0.047 (3) 0.062
(4) And beyond - targets can be, and will be, updated in the future depending on how the coin performs.
*** Stop loss: 0.025
Prepare for a long trade. ETH is very resilient, based on past performance. Many upgrades, news and development on the pipeline for ETH in 2018.
Today is the best day ever. Comments, suggestions, ideas, all welcome.
Thanks for visiting. And don't forget that today is different, so today, you can tell yourself, and believe it, that YOU REALLY DESERVE THE BEST. There is no reason needed. Just Because YOU ARE. Because I AM.
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This trade is likely to get invalidated if Bitcoin starts a new Bull Run. So please check your stop loss.
More information:
Trade active
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Trade active and within buy-in range.
Lots of room for upward growth according to the indicators MACD & RSI on the 1D chart.
Clear breakout and new uptrend line.
We need to build up, so that we can brake 0.037 and move upward.
Trade closed manually
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Please close this trade now. Already below the new stop loss.
Keep your Bitcions and hold patiently until new all ALTs hit bottom and new, simple, strong and highly profitable ideas are published.
Trade closed: stop reached
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Thank you for sharing the most important advices for beginners in crypto ! God bless you wherever you are!
AlanSantana
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@LeDiableBleu, You're welcome, and thanks for the comment. Appreciated.
SirKilos
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kervv12
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Hey, quick question. why is it good to sell at a loss? isnt it smarter to hold until the price of eth is normal again so you wont make a loss?
AlanSantana
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@kervv12, In order to avoid an even bigger loss. Say ETH breaks support and goes way down, what's the point in holding?
1) You can buy back lower if what you want is to have ETH. You will be basically making money on the downtrend.
2) You can put your money to work for you by joining a trade that is actually in the positive.
3) Of course you can hold, but breaking support invalidates the trade we got into in the first place. So if the trade is not going to happen, then there is no point in keeping the coins. I personally don't like ETH, so I don't see a point in keeping my money stuck here while it can grow while in Bitcoin, and then grow even more when I choose to buy back in.
The point is that if you can predict what is going to happen, you might as well put that information to good use.
And your money should always be working on your favor.
kervv12
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@alanmasters, youre right. Thanks alot
AlanSantana
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@kervv12, If you have any other concerns that you would like to discuss, I will be more than happy to do so.
Thanks again for visiting my "ideas".
omen5670
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@alanmasters, Hey, I have a small question. When you say "Stop loss: 0.025 " what exactly does it mean, let's say I bought at 3.55 and then graph doesn't hit the expected points and the idea is invalid, should I be selling at that price (0.025btc)?