Thecryptonizer

POTENTIAL LONG POSITION SET UP FOR ETHUSD, HAPPY NEW YEAR GUYS

Long
BITSTAMP:ETHUSD   Ethereum / U.S. Dollar
TRADE SET UP

-Potential Long joining *the completion of the "W"*, and to the TP point of the "W".

-Wait for a pull back to 760$ zone to buy back and ride the way up to the TP point for the "ASCENDING TRIANGLE"

INFO

-Weekly resistance zone and sell orders are accumulated between 789$-742$, so our TP for "ASCENDING TRIANGLE" would be the top off for ETHUSD .

-If we close the hourly above 820$ and if the bulls are strong, then we are heading to the strong resistance at 908$, which would be the ultimate TOP OFF for a pullback.

- THEN we get ready for a 20-40% pullback down.


Signing off,
THECRYPTONIZER
Trade active: -Just a small pullback to the TOP of the "ASCENDING TRAINGLE" to get support and then to the TP of the "ASCENDING TRIANGLE".
-THE MARKET IS GONNA BE VOLATILE AS BTCUSD IS REACHING 30K>
Trade closed: target reached: TRADE CLOSED WITH A >1000% PROFIT.

-Eth looks like it just started it's bullrun. Will update on my next target soon.