Bullish right now until further notice on ethereum.
BCH took lead, then LTC, and now ETH gets it's turn.
If you look at the weekly chart and trace the downward channel we've been in since the high's of last year, it appears we just popped out of that. Short term target is $144 but longer term could be $180 if we get even more volume.
Head & Shoulders completed with a high volume break through the neckline, and a successful retest.
Large corporate investors are also in on this. Gonna buy the pullback.
Short Term target = .26
Long Term target = 2.00
Head & Shoulders spotted with larger volume on the neckline breakout AND a correction where we tested the neckline and bounced off of it, showing it as a support now! I'm strengthening my position from .18 to .195
Wave 1 did a 50% retracement and I have my buy zone at the 50% as well for the end of wave 4. Currently it looks like we are in the B of our ABC correction through wave 4. Upward trajectory seems likely to continue, unless we break under $1 again.
Keeping an eye on Disney as a buy right now. Getting those rights to Marvel and the movies and new park possibilities is fundamentally beautiful as a reason for them to just keep profiting. People love Disneyland. Why not Marvel-land!? Make a freaking Avenger-land and we'll rake in the profit from all the revenue.
I have multiple wave counts going here right now, but all of them look like we have plenty of room to go up!
Might get a small pullback to $16, but honestly I'm going in now around 18 just in case. If it goes down to 16, I'll just buy more to get my average share cost down. That hemp bill and the new congress means good things for cannabis.
Currently in the yellow resistance field, going up in what looks like a bearish pennant.
Between the .618 and .65 fib ratios is my favorite place to load up for the next stage.
Stop loss set at around 2700 cause if we breach above the green line, we're looking bullish again.
Keep saying this, but a lot of folks just laugh and say it's a conspiracy.
Maybe they've forgotten how history repeats itself, especially when we don't remember the lessons and learn from it. (aka: 1999, 2008)