Using support and resistance levels, in addition to having oscillator confluence, I'm willing to predict that ETH/USD hits the $900 area in June 2018.
If you're still unclear on S/R levels, make sure you check out my last post where I explain in detail how I draw these, and how you can too.
Make sure to smash that like and follow button if you liked the TA!
Cheers.
- Extremely oversold RSI.
- Bullish divergence in On Balance Volume (OBV) oscillator.
- Predictable price action around S/R levels.
- Amazing project fundamentals.
If you're still unclear on S/R levels, make sure you check out my last post where I explain in detail how I draw these, and how you can too.
Make sure to smash that like and follow button if you liked the TA!
Cheers.
Comment:
Called the dip and ran with the bulls; around 40% profit up to date.
Comment:
+75% profit in just over two weeks! ETH broke the weak and strong daily resistances and is now heading to an interesting level. We should retrace at least to the ~$600 mark soon, but I'll hold throughout.
Very proud of this call; managed to buy a bag at $6 over the _entire_ 82-day correction!
Very proud of this call; managed to buy a bag at $6 over the _entire_ 82-day correction!
Trade closed: target reached:
Over 120% profit since I opened my long and posted this chart, which was less than a month ago. I'll keep this trade open until I start to see bearish signals, but I'll close this post and hopefully come out with a fresh ETH update sooner rather than later. Hopefully some of you followed and are now enjoying the profits! Cheers.