Looking very bullish, expecting at least one more test of the resistance @380, if it does need reach this level sooner or later i see another test of at least the full red line, maybe even to the range of 210 to 140, but as it looks now i am very bullish.
January 2018 looks promising if price will not fall to much below the full red support.
Currently Macd and RSI are also bullish on the 1d chart but looks like its in reversal now on the 4h chart, we just had a strong move up but we still have enough room for more upside.
Got 2 targets set up at 1.618($550-600) and 2.618($800-900) fib levels by january 2018, right now we could be in an ABC correction towards the full red support and then start a new set of waves
January 2018 looks promising if price will not fall to much below the full red support.
Currently Macd and RSI are also bullish on the 1d chart but looks like its in reversal now on the 4h chart, we just had a strong move up but we still have enough room for more upside.
Got 2 targets set up at 1.618($550-600) and 2.618($800-900) fib levels by january 2018, right now we could be in an ABC correction towards the full red support and then start a new set of waves
Comment:
Yellow support is holding firmly, yet defenitly still expecting eth to touch the red support before finally starting a breakout, the orange resistance lines seem like a solid course projectory for the coming weeks.
Comment:
So ETH already breaking out, was planning on selling at +-380 but then that bullflag started to form + the volume started to increase so i took the bait and hodled, my initial target if probably to high so i will carefull watch an exit point and update when i will exit.
A more realistic target would be around 500 imo
A more realistic target would be around 500 imo
Comment:
These ETH trendlines drawn on the 4h chart, here seen on the daily chart are pointing their crosshairs right at the center of my target, we took a strong start so it will probably dip below this lines at least once. Now could be a good time to take some profits before that happens, though I'm still waiting to see what happens in the next +-48hours or so.
Comment:
That dip went deeper then i expected, I locked in some profit here but still riding 50%, we could go up another leg towards $500.
I'm looking at a double top, with a retest at +-412$. I'm expecting for btc to start going down anyday now with all this CME Futures hype.
I'm looking at a double top, with a retest at +-412$. I'm expecting for btc to start going down anyday now with all this CME Futures hype.
Comment:
So my order on bittrex recently filled at 420.5$, it seems bittrex is selling lot cheaper then coinbase.
bittrex now down at 400.0, i might have bought back in to soon, we'll see.
anyhow, pricetrend is still right on target
bittrex now down at 400.0, i might have bought back in to soon, we'll see.
anyhow, pricetrend is still right on target
Comment:
I took the courtesy to add another targetbox seeing my first targetbox is already surpassed.
If so that would mean we are now at move 4 of 5.
If so that would mean we are now at move 4 of 5.