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userfan
Feb 12, 2019 8:32 PM

$ETH to $380 by June 2019 Long

Ethereum / DollarBitfinex

Description

Seasonality, Fractals

Trade active

Fibs added:

Trade active

Macro view: Idea is invalidated if we break below $120

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ETHBTC pair for comparison: A break below 0.03 invalidates the case.

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The big question mark on this scenario is that BTC must be at $7600 by June '19. Kinda hard to believe now

Trade active

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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

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Beautiful channel created by ETH. Will this be a 4 month falling wedge?

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BTW, I haven't touched the bottom channel since I first drew it :).
No positions taken though

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Beautiful

Trade closed: target reached

Idea continued in new thread

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