jaydee_757

ETH - 2017 and 2021 has very similar market structure!

Long
BITSTAMP:ETHUSD   Ethereum / U.S. Dollar
Funny also how we had a Government shutdown scare (in September 2017 and September 2021), Debt ceiling drama right before the blow-off top in 2017-2018... Link below: https://money.cnn.com/2017/09/05/investi...

Buy the FUD!

Before reading, get rid of your moonboy mentality and no emotions for dips/corrections! Cannot rule bearish scenarios! Dips are for buying!!

People are so focused on the hourly/ daily timeframe that they get emotional on every dip! Take a step back to the weekly/ monthly timeframe and see why I'm so bullish now. Stop looking at the short term dips/rise. Short term is irrelevant for the move that is coming!

You can't be emotional in these markets (stocks, forex, crypto, real estate, etc.). You will lose this game following the news and doing what the majority does. News creates emotions. Everything you need to know are on the charts. News are manipulated by the elites, and they take advantage of our emotions. Stop listening the news and pay more attention to the charts. Don't follow the majority, because the majority will lose in the end! Also, don't buy the hype when everyone is buying.. instead buy the fear when everyone else is selling

Everything is on the chart! Cryptocurrencies are on the verge of exploding higher. Dips/Corrections are normal and needed in a bull market, and are buying opportunities! Huge gains opportunity in the coming months! Never trade blindly. Use multiple indicators to make calculated decisions. Trade with no emotions!

Facts (Comparing 2017 with 2021):
1. Stochastic RSI - When we are over the 20 level and crossed bullish , ETH 5x - 34x in price action
2. RSI - 2017 and present time is very similar in structure. Will we have another double top again? Still oversold on the monthly!!!
3. Ethereum created a Bullish Hammer in July! Back in 2016 when we had a bullish hammer , ETH 70x in price in 6 months!
4. Back in 2017, after ripping to the upside, we dip down back to the 0.236 Fib. In 2021, we dip exactly at the 0.236! Very similar in structure!

Sell Target:
Target 1: $8,645 (Corresponding to the 1.618 Fib)
Target 2: $12,937 (Corresponding to the 2.618 Fib)

"If you can't beat the fear, do it scared!"

"Be fearful when others are greedy, and greedy when others are fearful!" - Warren Buffet.

"Markets are a device for transferring money from the impatient to the patient. - Warren Buffet

"Show me the charts, and I'll tell you the news." - Bernard Baruch

"The secret to investing/trading is figuring out how rich you want to be and how poor you're willing to become."

"If you want to live like the 5% of the population who are hugely successful, then don't act like the 95%!"