Welcome back to another ethereum analysis my dear followers!
ETHUSD
I think it's worth mentioning that the past weeks have been far from boring!
Since my ethereum long which i opened just 17 days ago, i could reach tremendous profits as much as 40%!
This bullrun is an astonishing victory and a gift to every patient ethereum holder, in the past we always struggled to keep up with bitcoin.
Feel free to take some profits if you want to, i will watch the market in the next days and will decide for myself.
Everyone who took this opportunity along with me can be extremely grateful, watch out for future updates!
I slightly changed my expectations regarding the elliot wave count, i estimate that we can reach prices above 600$ in upcoming days and weeks.
The small drop which we witnessed yesterday was just a small wave 4 correction and we already started wave 5.
However a slight probability remains that we finished wave 5 and will start a correction downwards to 300$. But the likelyhood that this will happen, is very low.
Keep in mind that my stop-loss is on entry now, so i don't have any risk!
Current setup:
Entry: 408.63$
Profit target: +620$
Stop-Loss: 408.63$
===================================================================================================================
If you have questions related to a specific stock or the Elliot Wave theory, feel free to contact me.
ETHUSD
I think it's worth mentioning that the past weeks have been far from boring!
Since my ethereum long which i opened just 17 days ago, i could reach tremendous profits as much as 40%!
This bullrun is an astonishing victory and a gift to every patient ethereum holder, in the past we always struggled to keep up with bitcoin.
Feel free to take some profits if you want to, i will watch the market in the next days and will decide for myself.
Everyone who took this opportunity along with me can be extremely grateful, watch out for future updates!
I slightly changed my expectations regarding the elliot wave count, i estimate that we can reach prices above 600$ in upcoming days and weeks.
The small drop which we witnessed yesterday was just a small wave 4 correction and we already started wave 5.
However a slight probability remains that we finished wave 5 and will start a correction downwards to 300$. But the likelyhood that this will happen, is very low.
Keep in mind that my stop-loss is on entry now, so i don't have any risk!
Current setup:
Entry: 408.63$
Profit target: +620$
Stop-Loss: 408.63$
===================================================================================================================
If you have questions related to a specific stock or the Elliot Wave theory, feel free to contact me.
Trade active:
Trade is still open as described...
Trade active:
Trade still active, we are moments away from forming a new High.
The whole cryptomarket shows extreme volatility.
Be careful - we can go down as fast as we go up !
The whole cryptomarket shows extreme volatility.
Be careful - we can go down as fast as we go up !
Comment:
Closed 25% of my ETHUSD position at a profit of +44.43%
If you should have any questions regarding our analysis or elliot wave counts feel free to contact us.