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racethehare
Dec 29, 2018 6:23 PM

ETH in Over Performance Mode 

Ethereum / DollarBitfinex

Description

Follow the path to make some gains plus buy back in lower. Using historical analysis and hard trend lines , this will make sense once it's complete.

  • Large amounts of volume leading to the explosive up trend (that is not going to instantly stop)
  • very very bullish weekly Doji with fantastic support
  • Inverse H&S pattern makes this an easy win
  • Remember what happened last end of year 2017?
  • We are in an uptrend, no reversal signs yet
  • Huge buy back yesterday brining the weekly candle back to green
  • Underperformance leads to over-performance


You're Welcome

-racethehair

Comment

please like and follow. A little more detail on the 4hr:

Comment

ETH Indecision for the 1st of the new year. Everyone is fearful, which is good for the bulls. Let's see if we need to find support again in this sideways movement at $118 before making a new bull run:

Comment

Very similar fractal setup to the April squeeze, the blue circle is where we are now:

Comment

Man, those alts are ready to bust out!
Comments
Vishumsw
There is also a support at around $56. Disaster. Hope it won’t go that low.
racethehare
@Vishumsw, If you are waiting for $56, you missed your chance at a good buy in. I called $80 the bottom ($3200 BTC) if you look at my previous calls
Vishumsw
@mattrl, Thmbs Up.
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