Thanks for the hand of love you guys shown on my last Bitcoin post, I so much appreciate that, just as promised here is my current and basic view about Ethereum. I put this also in some basic sections this will give us to have clearer view of all what I have to say.
let get to it fast: 1. Looking on only trendline we can see we already break through the CORRECTIVE TRENDLINE shown in RED this trigger a Phase of Impulsive move.(Sign of Bullish Moment)
2. There was this ASCENDING triangle that got breakout around April this year right now we have price re-testing the zone and its already showing a good bouncing momentum. (Sign of Bullish Moment)
3. Price moving in a bit form of parabolic with price breaking through the Bearish Parabolic to start Bullish Parabolic and each time this parabolic break price has shown a re-test property. With this view we have high possibility of price rising up to re-test the Bullish parabolic curve towards the leg of wave 5. price also shown a breakout from falling wedge on daily timeframe.
4. Lastly its a hidden Inverse Head and Shoulder pattern that show a gigantic targets towards 1400$. This pattern was observed on 3days chart which make it more likely to occur.
In all these I believe we have very strong Bullish trend ahead of us but we must consider WHALEs game of frustration before they let the price go to its intended direction.
Best action to keep safe is to have a solid trading plan and stick to them with proper stop loss in place.
Kindly follow the suggested accumulation zone on the chart and always remember to apply stop loss according to your risk mitigation.
Level to watch for are: POSSIBLE ENTRY ZONE Possible Support LEVEL SELL TARGETS
Do know that I appreciate your effort and the time spend in reading and watching my posts and Please leave a LIKE and FOLLOW us for more updates.
Thank you
トレード稼働中
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トレード稼働中
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We have pattern still holding good, we should expect some meaningful pump soon on ETHUSD
トレード稼働中
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Market still holding good and going as expected. We keep holding our long for better profit.
This is my analysis. My projection of wave 5 is smaller. But ... your target is FIBO! It's in my plans. Wave 4 does not overlap with the price territory of wave 1! Looks like it's over
weslad
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@ferGOD, Very well, I have so much believe in this. let see how it play out.
ferGOD
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I loved it. Great work. Great analysis. go ahead
weslad
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@ferGOD, Thank you brother, only traders can appreciate effort of fellow traders. Thumb up for you too man.
Joclown
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this is silly
weslad
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@Joclown, why? I guess because you see ETH at 50$ soon right?
ferGOD
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@weslad, lmao! Yes, he'll wait ETH plays ICO price
This is my analysis. My projection of wave 5 is smaller. But ... your target is FIBO! It's in my plans. Wave 4 does not overlap with the price territory of wave 1! Looks like it's over