CryptoGuru369

ETH/USD - Swing Trade to $450! w/ targets!

Long
POLONIEX:ETHUSD   Ethereum
Hello Future Millionaires!

I'm rooting for ETH this bull run and I expect to see MASSIVE, life changing gains along the way! The question is, are you going to join me! If interested, follow this channel now!

I see ETH as the second chance at a BTC lambo... in other words, I believe that in time, ETH will be worth more than BTC.

Did you see our past ETH analysis wherein we shared a chart showing ETH going from $315 to $380 on a leveraged long for whopping 95.96% gain!!!

How about our recent Editor's pick analysis wherein we charted the BTC breakout that reached a 56.89% gain within an hour of posting?

If not, how about our two most recent link trades? The most recent one hit all targets for a 114.17% gain and the other analysis shared the day before reached all targets for an 85.86% gain! Let's get this crypto!!!

Well, my ETH analysis shows that this party is just getting started and I'm not going to miss out on the bull run of a lifetime!

Best of luck on all your trades and investments have have a wonderful day!

Please also smash that like if you enjoy or value this post! It shows us that people are interested and helps us to connect with more traders just like you!

The more likes we see, the more charts we share!

~~~Technicals~~~
1. We have broken out from a massive triangle that has been forming since March, 2017! The conservative measured move brings us to $825-$850 area! The bullish measured move brings us to new all time highs at $1550!

2. We are printing an ascending triangle (launch pad) on the lower time frames.

3. Traditional markets are incredibly bullish at the moment. This should carry over to the cryptosphere. However, if traditional markets tank again, all bets are off!

4. ETH bullishly closed above it's two prior weekly highs! This is incredibly bullish!!!

5. Bullish cross of the weekly 10SMA and yellow 21EMA. Historically speaking, this has been a very bullish signal. That said, we don't have much history on this yet due to crypto being so new. We can see though that about 2/3 times we see this cross, we see some incredibly bullish price action following!

6. ETH has closed above the 0.382 Fibonacci from the 2017 impulse up to the all time high (ATH). In Fibonacci terms, it appears to be headed up to the 0.236 at $569.07 (we'll get there!).

7. We have broken out from the last Historical Volatility Percentile high value area and are headed for the next high value area.

8. We have not broken down below the diagonal trend line which has been acting as support for this entire bullish impulse wave.

---
Guide to My Charts
-The horizontal purple boxes of peace and prosperity are support/resistance 'zones'. If price pierces through one side, then it is likely to head toward the next support/resistance zone or line.

-The purple lines are support/resistance lines.

-Yellow lines are typically used to chart out pattern formations on the daily and higher time frames. Skinnier red lines may are typically smaller time frame trends (like 4H and 1H).

-The colored lines are MAs (Red: 10 simple, Yellow: 21EMA, Green: 55EMA, Blue: 89EMA, Grey: 200EMA, White: 200SMA, Maroon: 377EMA.


-Horizontal white and green lines may be Fibonacci levels. The 0.382 and the 0.618 Fibs are green and the rest are white.

-The Historical Volatility Percentile (HVP), RSI, and/or stochastics indicators are below the chart if displayed.

---
Entry: 387.55
Entry Zone: 369-395

T1: 410.00
T2: 420.00
T3: 450.00
T4: 469.00
T5: 490.00
T6: 500.00
T7: 525.00
T8: 540.00

Stop: 352.24

--
R:R: 4.29
Risk: 9.16%
Reward: 39.32%
Leverage: 3X
Leveraged Risk: 27.48%
Leveraged Reward: 117.96%


---
Disclaimer:
This is not financial advice; I am not a financial adviser. This information is not meant to be used for financial advice These posts are simply a record of my trade ideas and are intended for educational purposes only.

Comment:
1. We have broken out from a massive triangle that has been forming since March, 2017! The conservative measured move brings us to $825-$850 area! The bullish measured move brings us to new all time highs at $1550!

Comment:
2. We are printing an ascending triangle (launch pad) on the lower time frames.

Comment:
3. Traditional markets are incredibly bullish at the moment. This should carry over to the cryptosphere. However, if traditional markets tank again, all bets are off!

Comment:
4. ETH closed above it's two prior weekly highs! This is incredibly bullish!!!

Comment:
7. We have broken out from the last Historical Volatility Percentile high value area and are headed for the next high value area.

This area runs from about $420 to $475. So, if we see strong resistance around $420, then I'll be looking to lock-in profits!

Comment:
8. We have not broken down below the diagonal trend line which has been acting as support for this entire bullish impulse wave.

Comment:
1st and 2nd weekly red 10SMA and yellow 21EMA crosses:

Comment:
The three prior bullish crosses of the weekly 10SMA and 21EMA, while ETH is in a daily uptrend, were all bullish! This four one has proven to be as well. The only questions is, how high can it go!

Comment:
***CORRECTION***

The 'title' of this post has a typo. The final target for this analysis is $550 (well actually $540, but close enough.). $450 is one of the early targets.
Comment:
Wow! Maybe there is something to technical analysis! Have you checked our published trades? We have over 70% green trades!

Follow now for life changing opportunities!

Let's get this crypto!

T1: 410.00 - HIT!!! (17.37% Gain)
T2: 420.00 - HIT!!! (25.12% Gain)
Comment:
Smash 'em likes! Ready to see ETH at 1K!! We'll be charting massive gains the entire way there!

General Inquiries: t.me/cryptoguru369

Twitter: twitter.com/CryptoGuru369

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