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ETH/USD certainly follows the path of BTC. The chart seems bullish if we see just the retest of the breakout. 50D MA is acting as a support so far which has been acting as a resistance since 2 weeks.
Let's wait for the MACD because it seems tricky atm , although we can trade using less leverage and accumulate if we touch the orange support line.
In a nutshell we can enter now and accumulate if it falls, Good entry is between $122.25 to $128.
Target remains the green highlighted price lines.
Sooner or later, breakout is imminent.
I WISH A VERY HAPPY NEW YEAR to all of you. No matter what happens do not give up on trading. Try to learn new things. Remember, trading is nothing but the transfer of wealth from the impatient to the patient. So be patient, be smart do not FOMO. If you avoid making losses you're a good trader. 2019 has been good so far and we have learnt a lot of new things. 2020 is going to be another bullish year for us. Lots of gains to be made in CRYPTO. This year we will witness a drastic change in the financial system. Stick to crypto if you're in.
Cheers again, I wish you and your family good times, ENJOY :)
ETH/USD certainly follows the path of BTC. The chart seems bullish if we see just the retest of the breakout. 50D MA is acting as a support so far which has been acting as a resistance since 2 weeks.
Let's wait for the MACD because it seems tricky atm , although we can trade using less leverage and accumulate if we touch the orange support line.
In a nutshell we can enter now and accumulate if it falls, Good entry is between $122.25 to $128.
Target remains the green highlighted price lines.
Sooner or later, breakout is imminent.
I WISH A VERY HAPPY NEW YEAR to all of you. No matter what happens do not give up on trading. Try to learn new things. Remember, trading is nothing but the transfer of wealth from the impatient to the patient. So be patient, be smart do not FOMO. If you avoid making losses you're a good trader. 2019 has been good so far and we have learnt a lot of new things. 2020 is going to be another bullish year for us. Lots of gains to be made in CRYPTO. This year we will witness a drastic change in the financial system. Stick to crypto if you're in.
Cheers again, I wish you and your family good times, ENJOY :)
Comment:
Entered around $126.65 waiting for more pull backs. Waiting for other orders to be filled. :)
Comment:
Target 1 has been achieved. 40$ position has been closed.
Cheers:
If we close the next candle below $135 I'll close 60% position.
If things go the wrong way, we might end up going to the $103 to $113 area. We need to break that resistance around $139.
Cheers:
If we close the next candle below $135 I'll close 60% position.
If things go the wrong way, we might end up going to the $103 to $113 area. We need to break that resistance around $139.
Comment:
I meant 40% position, typo ;)
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