Steffro
Long

A bigger perspective

BITFINEX:ETHUSD   Ethereum / U.S. Dollar
Here is one of my Long ideas on ETHUSD .

Target 1: 1000$ , Middle of September
Target 2: 1190$ , Middle of September
Target 3: 3350$ , March 2019

Arguments:
- Gann Square is telling us every time it bounces - either up or down.
- Gann lines from the Gann square guides us the path along leg 0-1, 2-3 and maybe 4-5?
- The Sym . Triangle pattern may be completed very soon. If this idea is valid it should break out at the upper line this time.

Note! This is a log scale chart.

Good luck!
Comment: A close-up gives us a possible inverted Head & Shoulders pattern currently:

Comment: I give it less than 5 days to complete the right shoulder. It could go really fast though!

Comment: Sidekick: Here is some of my later ideas if you find my ideas interesting. Till now it gained 175% (since 1.April and until today morning)



Comment: A new close-up: After breaking the neckline I think there is a big chance it will go all the way up to the upper line. This is confirmed by 0.786 fib and head & shoulders potential:

Comment: Testing the bottom line right now. Quite critical moment. Make sure to have stop loss on!
Comment: I was hoping for a Head & Shoulders pattern but it failed few days ago... So here we are, testing the global bottom line...

Comment: It is unfortunately about to break through the bottom line as we speak... a short position with a suitable stop loss should be a good move now. I hate to say that...
Comment: Maybe this is the next ideal entry? I've added a Gann line (blue one) that is aligned with the Gann Square. The Arc works as a support.

Comment: It might go up now.

Comment: And here is my latest long idea:

Comment: It went even more downwards and it is currently on the global 0.886 fib level (look below). Also look how the volume is increasing at the moment (!). The arc is still working as a support - more or less. Maybe we are on a local bottom?

Comments



with differents approach we are on the same target ... 252 dollars
+1 Reply
Steffro bionicol
@bionicol, Cool! I just posted a similar idea actually :P But with a bit lower target, not far away from the 185 dollars.
Reply
So what do you see for EOS now?
Reply
Steffro Jrdelane
@Jrdelane, right now I sit safe and steady in the boat:) I think EOS will go really fast next days, and that short trades is not prefered.
Reply
Steffro Jrdelane
@Jrdelane, I'll will post as soon as I find new targets ofc:) Meanwhile, I'm making sure EOS never crosses the blue arcs on my idea named EOSUSD is tricky!
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out