Hello all Ethereum investors and traders. We are at a state of accumulation with the current development of constantinople. Early speculative investors jumped in the day this news was announced creating a spike to 165$ zone. Since then we have corrected back down and currently see a possible bullish jump soon somewhere in our current price. I believe there is 1 more leg down back to 90-95$ zone where more accumulation will happen. Remember, we are in a growing market; so I believe there is a short term buy opportunity but your risk will be less if you can catch an entry around the previous last floor made at 84$. Respectively, I will set TP zones from the floor but short term bull opportunity will be a TP at 115$. I do not like this trade myself because the ratio is a 1:1 . Good Luck Traders!
shorterm bull to 115$ HIGHER RISK 1:1 ratio
From 84-95$ zone LOWER RISK 3:1 ratio long term
TP1 @ 110 - 115$
TP 2 @ 127.50 -130$
TP3 @ 155 - 160$
Stop loss between 75-80$
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Fundamentals that could and "has" effect this idea
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.:. Bullish News .:. Connecting the dots for constantinople
bitcoinexchangeguide...-for-constantinople/
.:. Bearish News .:. DELAYED PROJECT
www.coindesk.com/eth...g-delayed-until-2019
shorterm bull to 115$ HIGHER RISK 1:1 ratio
From 84-95$ zone LOWER RISK 3:1 ratio long term
TP1 @ 110 - 115$
TP 2 @ 127.50 -130$
TP3 @ 155 - 160$
Stop loss between 75-80$
----------------------------
Fundamentals that could and "has" effect this idea
------------------------------
.:. Bullish News .:. Connecting the dots for constantinople
bitcoinexchangeguide...-for-constantinople/
.:. Bearish News .:. DELAYED PROJECT
www.coindesk.com/eth...g-delayed-until-2019
Comment:
ETH heading down. shorterm bull CANCELLED. GO WITH LOWER RISK ZONE.
Comment:
shorterm bull happened, missed opportunity but glad to see the short term opportunity happened overall. Will have to set notifications up to not miss out. Didnt realize we got the turn around everyone! My apologies!
Comment:
A 3rd leg to 130 could happen. Looks like we are getting 3 waves since the run up happened. I will expect a drop back down within the triangle. A break out in either direction will tell us where its going next.
Comment:
Tp2 hit
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Around this time, price can always retrace back to retest 116$ making an inverted head and.shoulder pattern.
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could we hit 150? Lets see!
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TP3 hit. We are bullish again 149. I hope you all enjoyed this idea!