keifer

ETH/USD to $200.00 USD and beyond.

Long
BINANCE:ETHUSD   Ethereum
Hello Friends

Weekly Chart
Macd signals buy since Dec 17
RSI curls up signaling a buy
Candle for the weekly, bullish engulfing.
Dec 24th been bouncing off Alligator 5 MA as resistance and ETH is approaching for retest.

Daily Chart
Feb 6th signal fractal of bullish move with hammer candle
Feb 7th morning star candle.
Feb 8th bullish engulfing.
Feb 9th spinning top, can be bullish or bearish.
Alligator 5MA bullish cross over prediction for Feb 9th
RSI is still in the buy zone
MACD looking good and about to break through 0 magnito ( last time this happened was Dec 24th, ETH nearly doubled in value).
Fractal pattern of last Bull run of Dec 15th; we can expect to see $200.00 USD or higher.

4hr Chart
RSI over sold at 85 but could bounce once it hits 70
08:00 (PST) Fractal reversal followed up by bearish hammer candle and bearish engulfing.
Curren candle is a tweezer top, if we get a second tweezer top, we have confirmation of a bullish move.
Alligator has mouth opened wide, indicates hunger for more. This is a bullish signal.
On the 4hr chart I expect to hold at the current price for the next 4hr period. I expect to see a continuation upward for ETH

This is my viewpoint and my opinion. I am not giving advice but only sharing what I see. Do not enter a trade on my TA but do your own homework.

Cryptocurrency is volatile and very risky. Never invest what you can't afford to lose and always educate yourself and continue to do so when making any kind of investment.

If you find this information helpful, then please hit the like button. Your support is appreciated. Thank you!

CYA on the next one...until then, the trend is your friend. Buying on the dip and selling on the hype.

Cheers!

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.