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WyckoffMode
Sep 19, 2017 11:50 PM

My "End of Year Estimation" for ETH. I know, it sounds crazy... Long

Ether / United States DollarCoinbase

Description

...to go as high as $1,090 by January 1, 2018. I'm quite certain [If no major hack of an exchange or similar hack to the DAO] we reach $621.20 with no problem by January 1, 2018. However, I believe we can go much higher than $621.20.

I'm expecting $621.20 no later than October 31, 2017. We will know more "WHEN" we reach $621.20. If it takes us longer than October 31, 2017 to reach $621.20, we will not reach $1,090 by January 1, 2018. Technicals can always change on the fly as things play out. I've simply given an "estimation" of possible HIGHEST target by January 1, 2018 ($1,090.00) and absolute lowest by then ($621.20).

Comment

My apologies for my very limited posting on my Public Profile lately. My mining room has had me extremely busy. It's being remodeled to handle the heat after adding more rigs. It's a balancing act to keep as many rigs mining as possible while remodeling. I will be so glad when this is finished so I can get back to full time trading.

Cheers and Happy Trading!

David

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Repeating this Text Bubble again but with one miner edit:

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"IF" we do continue down, I'm seeing $270 to $278 but no lower than $263.50. That's my opinion.

Comments
moontumble
"Repeating this Text Bubble again but with one miner edit" You clearly spend too much time with the rigs in the mining room mate... :)
WyckoffMode
@moontumble, Yes sir. I'm making a BIG transition the next cold spell coming in a few days. Preparing for in the mean time. Getting organized etc...
deedee
grx work david ;) ! i am following your chart soon after the incline started from 134 levels and i must say it is executed brilliantly! looking forward for 621 ;)!Keep up the good work!

what r u mining? BTC? with mining rigs? is it profitable as compared to cloud like viabtc or genesis ?
WyckoffMode
Hi @deedee,

Thanks for the positive feedback.

I'm currently mining ETH, XMR and BTC. I don't agree with cloud mining. At least from the mining contracts I saw about a year ago with Genesis Mining. I determined it was more profitable [For me] to purchase my own gear and do it myself. It mainly depends on your power costs in regards to profitability.
deedee
@ProwdClown, U took the best call not going with genesis ! they say with the increase in price the difficulty has also increased so the payback has been quite low! ;) anyways! it wud be grx if u share your how-tos and recommendations for mining as well as many traders on tradingview would save alot of money not getting duped with the cloud miners!

how do u use phoenix? is it an extension to godmode ? is it available to use for free ?
WyckoffMode
@deedee, The best thing one can do in regards to mining is educate themselves, like I did, on bitcointalk.org. There is a wealth of information on bitcointalk.org in regards to any kind of mining in crypto.

As for Phoenix, it's not an extension of Godmode. It's an improvement [I would call it] to Godmode. The version I'm using is a bit older and not the most recent. A kind gentleman in our private chat room is the one who created Phoenix. The chat room was created for those who use Godmode and/or Phoenix [Along with other indicators]. It's called, "Godmode And Friends." We currently have 81 members in that private chat. It's mainly just a group of us who have discussion about all kinds of things in crypto but mainly trading with discussion on indicators. I've neglected the chat room as of late because of my mining room remodel. The group knows I've been very busy lately.
deedee
@ProwdClown, Thanku for the details bro! ;)
WyckoffMode
@deedee, If you check your messages, I just sent you an invite to Godmode and Friends.
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