HecknDoggo

HecknDoggo

Not gonna be bearish on this yet...this looks like a reasonable correction at the moment. Bearish maybe in the immediate short term, but medium to long term, we still look like in a bull market.

HecknDoggo

ETH broke out of its massive resistance from July 2019, retested it and found support, and shot upwards...I see these as very bullish. The next 12 months will be very interesting.

HecknDoggo

looking nice

HecknDoggo

After a brief breakout of a potential ascending triangle pattern, BTC failed and fell back to the blue support line. It may continue upward from here if the support holds, but this rally seems to be running out of steam in the short term.

HecknDoggo

I'm jumping back into BTC - let's see if this pans out.

HecknDoggo

Seems ranging or steep correction might be at play given the cross over on the daily MACD. I'm in cash currently...if range is confirmed, I'll probably open a position around 365-370. If major correction, looking to jump back in around the 50 DMA.

HecknDoggo

If confirmed, we should see a breakout to the upside by 8/11. If it breaks down here, we might see a major correction. I'm cautiously long here, have stop losses ready.

HecknDoggo

self-explanatory

HecknDoggo

I'm still LONG on ETH, especially in the medium term 1-2 month outlook is very bullish. Could see a short term pullback here if the $400 resistance isn't taken out. I'm still buying dips.

HecknDoggo

Might signal a short term pullback, I'm in cash until confirmation...ready to jump back in when price corrects and indicators cool off.

HecknDoggo

waiting to see a breakout to confirm...I'm overall long on ZIL but I can see this trend pulling back a little further.

HecknDoggo Updated 

I'm long ETH to $290, though if there's a pullback to $240 I won't be surprised. Buying the dip

HecknDoggo

Looks like the 50 Day MA held strong support and ETH is bouncing...I expect a retest of resistance before projecting a run up towards $300

HecknDoggo Updated 

Could single a continuation of the uptrend either tomorrow or Sunday

HecknDoggo

But anything can happen...world is upside down.

HecknDoggo

Setup looks bullish but anything can happen in crypto...trade active @ $193

HecknDoggo

Short term, ETH probably heading lower after breaking the rising channel support...but this might be a medium term bullish setup. Keeping an eye out

HecknDoggo

I'm cautiously long on ETH...although everyone is expecting a major BTC retrace that may impact ETH as well, I think ETH will shine in the months to come.