ethhunter
Long

ETH LOG | Long term potential

BITFINEX:ETHUSD   Ethereum / U.S. Dollar
Let me hold your bags :)
Comment: Price below: 180$ invalidates this chart
Price above: 247$ makes this chart plausable
Comment: Cup & Handle, Inverse head and shoulders,
Powerful patterns, lage scale patterns = Larve movment.
Approx measurement for inv HS is roughly 4.236 extension.
Cup and handle potentially beyond that.

Crypto market in general will experience immense growth next year.
Consolidation and accumulation will come first.
Comment: Volume is fading exponentially.
Look at the last 4 weekly volume candles, it has had almost 0 impact on the price. The largest selling volume ever on ETH and we have barly moved anywhere someone else is also holding your bags. I can't give much credit to the bears in this range. I give the bears one more attempt to clear out the market, i see at the most one impulse down before we start moving.
Comment: Start moving Up*
Comment:
I cleared the chart of most indicators but Fib circle, Fib time, Trendline, support and resistance are speaking about this number. - $137
This does not change the long term price forecast I made in this chart. it actually will increase the likelyhood of a even larger upside as the patterns scale increases.

$137- I believe this is where the last bearish impulse will put us before market will turn around. And i believe it will be fast when we do turn around, because in max 4 months time we will start to be bullish.

Personally I will average my buys sub 200$ all the way down to ~135$ My stop loss will be $130.

Bears last stand
Comment: I'm gonna celebrate when i pocket loads ETH at a avg of 145$.
Cake for dinner.
Comment: Don't fomo
laters
Comment: SOME BELIVE ETH WILL GO TO 100$,
ITS DEFINITLY POSSIBLE
I BELIEVE WE WILL GO TO 130-140$ RANGE.
YELLOW OR RED CASE? :)
WHERE DO YOU BELIEVE WE WILL GO?

Comments

scooping for months
Reply
ethhunter CandleBoxAI
@CandleBoxAI, Yep yep... Not trying to catch the perfect bottom, this is perfect for me, I think the bears are lil greedy now =) SCOOPIN' no way we lose out long term. no-no-no way, unless black swan.
Reply
CandleBoxAI ethhunter
@ethhunter, coins are free anyway from all the scalping;)
Reply
ethhunter CandleBoxAI
@CandleBoxAI, I suck at scalping, i just do swing trades, This will be my second time accumulating eth. first time was april 17...
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out