Janpr99

Ethereum Double Bottom Formation

Long
Janpr99 Updated   
COINBASE:ETHUSD   Ethereum
Hi everybody.
Although the price could still drop to 80-100$ zone I consider this time a good purchase opportunity to go LONG.
We have a possible double bottom formation while bouncing on the AB trend (Point C) and also the daily RSI is in oversold zone.
Everything is on the chart.
Best reggards.
Janpr99
Comment:
Riding the trend, +20% to date.
Trade active:
Riding the trend, +37% to date.
Trade active:
Riding the trend, +95% to date.
Trade active:
Riding the trend, +120% to date.
Trade active:
Riding the trend, +426% to date.
Trade closed: target reached:
I'm very happy this idea panned out.
After 1 year of holding we reached our last target (+590%) so it's time to close the the trade idea. However, I'll keep my ethereums.
I think that soon we will have new historical highs.
Best regards,
Janpr99
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