Chart is self explanatory. ETH exited its bear cycle 2 weeks ago. Possible local double top at ~348-349 can be expected.
If we Breach this high with any confidence we will almost certainly at minimum hit our previous ATH at just around 420.
If the bulls manage to maintain control past that point, ~495 is well within reach.
If we Breach this high with any confidence we will almost certainly at minimum hit our previous ATH at just around 420.
If the bulls manage to maintain control past that point, ~495 is well within reach.
Comment:
ETH has been observing these cycles for a very long time.
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Comment:
I accidentally marked our E target as NT... the orange target is E.
Disregard my silliness.
Disregard my silliness.
Comment:
ETH is building strength and steadily approaching our NT target, the rough double top.
Beautiful.
Beautiful.
Comment:
We have hit our NT target, and some profit taking has occurred. However nothing serious that looks like a double top. I do expect us to breach this level and I intend on watching ETH make some beautiful gains.
Comment:
We have breached our double top. Our targets are confirmed. All there is left to do is watch ETH's performance.
Horses at the races...
Horses at the races...
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Some profit taking has occurred, resulting in our small dip from 360s to 340s. However we can see that ETH has recovered and is taking strides towards testing new local highs.
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We have breached the upper limit of this pattern
We approach our N and V targets
We approach our N and V targets
Comment:
We have pretty much hit our high probability targets. I would suggest taking at least a portion of your profit.
Comment:
We have passed our high probability target by a long shot.
Whether you reopened your positions after the drop from 420 was your choice. We are rocketing towards our E target shown in orange. Eth has been performing beautifully. Start celebrating if you haven't already.
If my advice helped make you a little cash and you're feeling generous, donations are welcomed and appreciated
BTC: 363sDXLXkV7tm3pJmK2mLTDZjdTANbiA4A
ETH: 0x4c1aA87252e31C2552248b3561c9dBef7E21C7Fb
LTC: LeUKche2Mz51tNG4jmTj2LkufkNUd4DpFm
Thanks all and happy trading.
Whether you reopened your positions after the drop from 420 was your choice. We are rocketing towards our E target shown in orange. Eth has been performing beautifully. Start celebrating if you haven't already.
If my advice helped make you a little cash and you're feeling generous, donations are welcomed and appreciated
BTC: 363sDXLXkV7tm3pJmK2mLTDZjdTANbiA4A
ETH: 0x4c1aA87252e31C2552248b3561c9dBef7E21C7Fb
LTC: LeUKche2Mz51tNG4jmTj2LkufkNUd4DpFm
Thanks all and happy trading.
Comment:
Ladies and gentlemen ETH has hit our E target. If you held out for this target then congratulations... you have profited very nicely from this trade. Stay tuned for more analyses and toss a donation my way to ensure they keep rolling in.
Happy gains everyone.
Happy gains everyone.
Trade closed: target reached
Comment:
As I am sure you can see, heavy profit taking occurred right after we hit our E target. I hope you all got out safely.
Comment:
N and V appear to be acting as support
