ETH Update - 2 week chart update; bounce off RSI trendline!!
BEFORE READING, GET RID OF YOUR MOOONBOY MENTALIY AND NO EMOTIONS FOR DIPS/CORRECTIONS!
To know where Altcoins are going, we need to follow the king of altcoins! Ethereum! Short term bearish (although we can just skyrocket from here, we need to have buy opportunities just incase we head down short term). Remember, the higher the timeframe, the bigger the move! Im one of the few bears that was calling ETH to correct to 1728 when ETH was at $2400. Had so much hate by the "Moonboys".. I'm now calling a BULLIH reversal soon right after a nice "wick" down! BUY THE DIPS!!
Please see my chart that I called the $1728 dip when it was $2400.
You can't be emotional in these markets (stocks, forex, crypto, real estate, etc). You will lose this game following the news and doing what the majority does. News creates emotions. EverythXing you need to know are on the charts. News are manipulated by the elites, and they take advantage of our emotions. Stop listening the news and pay more attention to the charts. Dont follow the majority, because the majority will lose in the end! Also, dont buy the hype when everyone is buying.. instead buy the fear when everyone else is selling
Everything is on the chart! Cryptocurrencies are on the verge of exploding higher. Dips/Corrections are normal and needed in a bull market, and are BUYING OPPORTUNITIES! HUGE GAIN opportunity in the coming months! NEVER TRADE BLINDLY. USE MULTIPLE INDICATORS TO MAKE CALCULATED DECISIONS. TRADE WITH NO EMOTIONS!!
FACTS:
1. CONSOLIDATION BETWEN $1700-2700 Red Box corresponds to 0.618-0.382 Fib! Consolidation prices is where Whales/Elites accumulate!!
2. RSI - Each time we bounce off trendline, it indicates bottom and trend reversal!
3. Stoch RSI just crossed bullish on the 2 week timeframe! Awaiting to cross the 20 level for confirmation!
BUY TARGETS (TARGETS ARE NOT FOR MOONBOYS WHO THINKS WE ONLY GO UP! HAHAH)
$1700 - 2700 (Corresponds between the 0.618-0.382 Fibonacci targets!)
Good Luck!
"If you can't beat the fear, do it scared!"
"Be fearful when others are greedy, and greedy when others are fearful!" - Warren Buffet.
"Markets are a device for transferring money from the impatient to the patient. - Warren Buffet
"Show me the charts, and I'll tell you the news." - Bernard Baruch
To know where Altcoins are going, we need to follow the king of altcoins! Ethereum! Short term bearish (although we can just skyrocket from here, we need to have buy opportunities just incase we head down short term). Remember, the higher the timeframe, the bigger the move! Im one of the few bears that was calling ETH to correct to 1728 when ETH was at $2400. Had so much hate by the "Moonboys".. I'm now calling a BULLIH reversal soon right after a nice "wick" down! BUY THE DIPS!!
Please see my chart that I called the $1728 dip when it was $2400.
You can't be emotional in these markets (stocks, forex, crypto, real estate, etc). You will lose this game following the news and doing what the majority does. News creates emotions. EverythXing you need to know are on the charts. News are manipulated by the elites, and they take advantage of our emotions. Stop listening the news and pay more attention to the charts. Dont follow the majority, because the majority will lose in the end! Also, dont buy the hype when everyone is buying.. instead buy the fear when everyone else is selling
Everything is on the chart! Cryptocurrencies are on the verge of exploding higher. Dips/Corrections are normal and needed in a bull market, and are BUYING OPPORTUNITIES! HUGE GAIN opportunity in the coming months! NEVER TRADE BLINDLY. USE MULTIPLE INDICATORS TO MAKE CALCULATED DECISIONS. TRADE WITH NO EMOTIONS!!
FACTS:
1. CONSOLIDATION BETWEN $1700-2700 Red Box corresponds to 0.618-0.382 Fib! Consolidation prices is where Whales/Elites accumulate!!
2. RSI - Each time we bounce off trendline, it indicates bottom and trend reversal!
3. Stoch RSI just crossed bullish on the 2 week timeframe! Awaiting to cross the 20 level for confirmation!
BUY TARGETS (TARGETS ARE NOT FOR MOONBOYS WHO THINKS WE ONLY GO UP! HAHAH)
$1700 - 2700 (Corresponds between the 0.618-0.382 Fibonacci targets!)
Good Luck!
"If you can't beat the fear, do it scared!"
"Be fearful when others are greedy, and greedy when others are fearful!" - Warren Buffet.
"Markets are a device for transferring money from the impatient to the patient. - Warren Buffet
"Show me the charts, and I'll tell you the news." - Bernard Baruch