5 years into crypto trading, I'm happy to say, it's time to long ETH for 2 years. The target would be an 8-12x. I've personally been stockpiling the past 9 months but have since stopped, I think the adoption is getting serious at this point and further day trading here may result in a lot of uncertainties.
Looking short term for the year ahead, its either a...
Following an old fib level diagram we'll most likely hit bounce zone within 5.5 - 6.4. All indicators beep oversold so don't carry on selling, that's a bad move. Fractals also show a possible bounce at this level with a 317% movement from the previous ATH and this ATH. we're almost 317% down from the ATH we hit...
Let's go. Oversold. Time to reenter.
Weeklies, 3 signals beeping rebound;
Dailies show weak dumpage during the previous low.
Should this triangle extend longer than the previous breakdown, we'll be expecting some dumpage for a bottom restest for a bounce or we'll head off sideways...
Let's see how this goes. ICO volume and price still withholds. Before 341 comes, i'll predict and call for the convergence of the current bear div first. This seems like a crypto textbook trade, daily convergence decision phase. It either dumps hard, or climbs hard. Nothing else.
Good luck guys.
Opened at: 12.72 Avg
Target: 16 (ST),27 (LT)
Prior to mainnet launch, we'll be seeing two results.
One: a retest of the previous MA highs of ~1.7 and (we have seen a surprising new bo).
Two: a double top MA.
So since 1 was the case, we're currently in uncharted territory. ETH's burst could be duplicated here so we will have to monitor EOS' movements extremely closely prior to the mainnet launch.As far as...
Almost there. Pitchfork as follows, i don't personally trade ripple anymore so please trade at your own fundamental analysis as well. I personally do not hold any more Ripple because its not decentralized and that defeats the purpose of what blockchain can do.
MaCD obviously showed a very reluctant breakdown after following a steep dive from the previous dump...
Bat wings are closing, let's see if this holds. Fundamentally, the bad news have been dropped fully so we'll have to monitor further whether this is a perfect entry or not. For proof whether this has been shared before, I'll show some old links with this chart here to proof that the prediction was done days before this chart's 'bottom'