ETH Update - Stochastic RSI crossed bullish on the Monthly!
Before reading, get rid of your moonboy mentality and no emotions for dips/corrections! Cannot rule bearish scenarios! Dips are for buying!!
To know where altcoins are going, we need to follow the king of altcoins! Ethereum!
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:
1. Stochastic RSI - When we are over the 20 level and crossed bullish, ETH 5x - 34x in price action!!
2. RSI - RSI - 2017 and present time is very similar in structure. Will we have a double top again? Still oversold on monthly!
3. Bullish Hammer Confirmed! - Bullish Hammer signals "Capitulation" by sellers to form bottom and price reversal!! Last time we had a bullish hammer was in 2016. Ethereum did a 70x after!
TIP - We can't rule out bearish scenarios either! All indicators on monthly and weekly timeframe are leaning bullish!
Do not be emotional when we dip! Dips/corrections are only buying opportunities and are needed in bull markets!
Sell Targets:
Target 1: $6018 (Corresponding to the 1.618 Fib)
Target 2: $8669 (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."
To know where altcoins are going, we need to follow the king of altcoins! Ethereum!
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:
1. Stochastic RSI - When we are over the 20 level and crossed bullish, ETH 5x - 34x in price action!!
2. RSI - RSI - 2017 and present time is very similar in structure. Will we have a double top again? Still oversold on monthly!
3. Bullish Hammer Confirmed! - Bullish Hammer signals "Capitulation" by sellers to form bottom and price reversal!! Last time we had a bullish hammer was in 2016. Ethereum did a 70x after!
TIP - We can't rule out bearish scenarios either! All indicators on monthly and weekly timeframe are leaning bullish!
Do not be emotional when we dip! Dips/corrections are only buying opportunities and are needed in bull markets!
Sell Targets:
Target 1: $6018 (Corresponding to the 1.618 Fib)
Target 2: $8669 (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."