Spiritual-Trader
Long

ETHEREUM Headed to $400? DON'T MISS this idea!

BITSTAMP:ETHUSD   Ethereum / U.S. Dollar
By now, you should have sold some portion of your positions.
Volatility periods are overexpanded, and soon need to be replenished in order to continue the trend.

Please, don't use this idea solely for trading. Use it rather to confirm or evaluate an existing bias.
Retracement is basically imminent. 100% sooner or later the price will return inside the 50 and 200 Bollinger Bands .
If you believe in 5th wave, the Upper Bollinger Bands are a good place to buy in the dip.

The last wave could go as far $420 (blaze it), given that volatility bands and periods have enough energy restored before the move.
And what do you think?
What is your strategy?
Tell us below!

Commodity Channel Index , custom volatility indicators and Bollinger Bands and their derivatives were used in the technical analysis . This is not a financial advice and you agree to take 100% responsibility.

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Comments

Same thought.
Let's see if it gonna hold the current support level, if yes it can go for the 5th wave.
+1 Reply
podzzz yyk-7
@yyk-7, yes but if if breaks?
+1 Reply
Let's see where this goes! Have a good feeling about ETH over the next month or so... but who knows?
Reply
@jweirdlo, Did you see the long tail we had recently? If nothing else, that's quite the sign.
Reply
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