Everything is on the chart! Dips/Corrections are normal and needed in a bull market, and are BUYING OPPORTUNITIES! HUGE GAIN opportunity in the coming months!!. On the chart, is about to cross on the weekly again. We need confirmation end of the week. is clearly oversold on the weekly! NEVER TRADE BLINDLY. USE MULTIPLE INDICATORS TO MAKE CALCULATED DECISIONS. TRADE WITH NO EMOTIONS!!
MY LAST ETHEREUM CHART HIT THE LOW ON THE T!! ACCURACY AT ITS FINEST!! SEE BELOW FOR MY OLD CHART ;)
PLEASE LET ME KNOW WHAT YOU THINK OF THE ANALYSIS.
TO KNOW WHERE ALTCOINS ARE HEADED, WE NEED TO KNOW WHERE ETHEREUM (KING OF ALTCOINS) IS GOING!!
1. IN 2017, IT TOOK 6 MONTHS FROM THE 67% CORRECTION TO ALL TIME HIGH! (REACHED $1400 IN JANUARY 2018!)
2. IF WE WERE TO COPY 2017 MOVE, WE WILL BE AT AN ALL TIME HIGH IN DECEMBER 2021!!
3. FOR 2017 AD 2021 ARE EERILY SIMILAR!
4. FOR 2017 AND 2021 ARE EERILY SIMILAR! LAST TIME WE WERE AT THE 71 LEVEL, WE SHOOT UP 10X FROM THE 67% DIP IN 2017!!
BEST TARGETS TO BUY (BEST TIME TO GO LONG!! THIS IS WHERE AVERAGE PERSON BECOMES A LEGEND!!):
Target 1: $1728 (Corresponds to the 0.618 Fib)
BEST TARGETS TO SELL:
Target 1: $6018 (Corresponding to the 1.618 Fib)
Target 2: $8669 (Corresponding to the 2.618 Fib)
"If you can't beat the fear, do it scared!"
"Be fearful when others are greedy, and greedy when others are fearful!" - Warren Buffet.
"Markets are a device for transferring money from the impatient to the patient. - Warren Buffet
"Show me the charts, and I'll tell you the news." - Bernard Baruch
Im looking for a sub 2k buy this weekend. The holiday, although generally good for crypto with current sediment will work against us. Expect sub 2k today when people trade out, hoping for sub 1800 buys by Monday.
I do believe July will end over 3k.
Im not drunk on hopism