Dan_Wang

My ETH/USD Long Term Trade Triggered

Long
Dan_Wang Updated   
KRAKEN:ETHUSD   Ethereum
Well, since my BTC trading plan went as I expected (posted last week), the top 3 coins are all bullish , today I am going to move some of my long term cash into ETH/USD investment.

I am focusing on the weekly chart for long term investment. My C1 and C2 Indicators both triggered a long signal. Big green candle close above 10EMA. Volume is going up across the dead zone and MA. Some of you may say ETH is at critical resistance now, I can see that, but my algorithm does not care about S/R, trendline, pattens etc.. My system purely rely on my indicators. I can easily pointed to you in any crypto charts that the price can easily breach through resistance without any hesitation. ( how about $6000 level in BTC when every "guru" is creaming that price will come back down first) lol

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Comment:
If the indicators go to the other way, I will look at the volume, if it's bearish, I will not add more money, if price drop below 115, I will consider selling part of my position.

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