CryptoAman

R.ACEACEACE #ETHUSD #ETH #ETHEREUM LONG TRADE PART 3 $1920 T.P

Long
BITSTAMP:ETHUSD   Ethereum / U.S. Dollar
Was my analysis perfect or was it perfect? I believe with BTC moving very slowly, alts, especially eth will have an incredible run. This is especially welcome news for those who know how to really trade.

I believe that ETH may reject or consolidate at $1700, but if it continues above, which I believe it will, it will likely move towards $1920+

If it does continue, intend to take profit at $1920. I am expecting an overshoot, but I want to secure my profits before a correction on the King, BTC .

I am already long from the beginning of this move. If you've been following me, you know I've traded the entire BTC and ETH move in the last couple months.

I have been long from the bottom and I will only be moving up my stop loss and not taking a new entry.

I do not think it is wise to enter at the current price with a tight stop loss, unless you are trading the lower timeframes with your own t.a. People entering trades at these highs will likely get chopped up and lose money if they use a tight stop loss.

Please understand that if BTC takes a dump, the eth run is over. Please see my BTC trade idea for my view on BTC .

ETH support is still at $1160

Please do your own t.a, responsibly manage your risk, and stay safe.

Thanks for hitting the like button!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Order cancelled: BTC appearing bearish. Closing all position
Comment:
Please see updated idea for BTC
Comment:
Please see updated idea for ETH
My technical analysis is lit. Self-made and self-taught. They don't make 'em like me. Beyond T.A. for life. Follow me on Twitter.

Comments

Wonderful analysis! I like this setup.
+1 Reply
@abel11 thank you
Reply
when do you think ETH will hit $1920?
+1 Reply
CryptoAman exodus23x
@exodus23x watch my BTC idea. It all depends on BTC
Reply
BIG PUSH UP
+1 Reply
CryptoAman Migel1988
@Migel1988 indeed
Reply
@Migel1988, yes look at the insane volume. it is enough to push it to 2k$. Bulls are preparing a big push.
+1 Reply
CryptoAman Migel1988
@ModernPolymath watch my BTC idea
Reply
CryptoAman Migel1988
Reply
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