userfan

$ETH to $380 by June 2019

Long
userfan Updated   
BITFINEX:ETHUSD   Ethereum
Seasonality, Fractals
Trade active:
Fibs added:
Trade active:
Macro view: Idea is invalidated if we break below $120
Comment:
ETHBTC pair for comparison: A break below 0.03 invalidates the case.
Comment:
The big question mark on this scenario is that BTC must be at $7600 by June '19. Kinda hard to believe now
Trade active:
Comment:
Getting closer now:

Trade active:
Trade still active, getting closer to the target. June is either the top ~$380 or we moon past it in a real Altseason fashion
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Trade closed: target reached:
Target Reached ~$370
Comment:
Beautiful channel created by ETH. Will this be a 4 month falling wedge?

Comment:
BTW, I haven't touched the bottom channel since I first drew it :).
No positions taken though
Comment:
Beautiful
Trade closed: target reached:
Idea continued in new thread
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