ETH Breakout! Is the crypto hype back? LONG! LETS GO!
I was bored and I saw a perfect breakout on ETH chart. I think I am in :D Let's have some fun guys! I still think the crypto market is crashing but ETH chart looks a bit different. It's never too late to make short-term profits and see where it goes.
The Reason why I am interested:
1. Golden Cross in 4 hr chart which generally means a long-term gain unless something BS happens.
2. RSI suggests there is some room to run.
3. The triangle Breakout
Catalyst: Robinhood Robinhood Robinhood which means more investors if they see ETH gain. People are sheeps, don't forget!
THE GAME IS ON!
The Reason why I am interested:
1. Golden Cross in 4 hr chart which generally means a long-term gain unless something BS happens.
2. RSI suggests there is some room to run.
3. The triangle Breakout
Catalyst: Robinhood Robinhood Robinhood which means more investors if they see ETH gain. People are sheeps, don't forget!
THE GAME IS ON!
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1500 should retrace to 1300 not 1400 for abc
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Next target in yellow.
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It should bounce at 1110 and run up up up.
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well there is that bounce... Have fun trading I am long on margin.
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My stop at 1098
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Anyone else bored with this 1% moves -_-
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ETH Break out confirmed! BOOM!
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This thing is BS and its stuck
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AKA bots trading, when you can clearly see epic bull volume but the price doesn't move
BS
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when you are drunk and making thousands -_- hit it already. volume is decreasing, might be a good time to back down too
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but then again only we are at wave 3
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I hate when its in the middle. Lets see where it goes.
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Evening star
upgraded my stop. to the fan support.
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1166.05 to be exact.
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So that was the top. Tada!!!
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Stop limit order submitted. hope it doesn't hit. ABC correct should be due.
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Could be a hammer,
I have my stop limit order ready just in case.
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Here is the reason why
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Btw it hit 1174 ish :P pinpoint accurate :D.
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however, stay alert
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Stop limit triggered. It shall gain. Go long. goodnight
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Follow the main chart above, it's going for the ATH. possibly 4K if the hype is really back.
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And btw the volume is back! increasing with the price action. GN
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shorting it with a stop limit buy for back up
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that bounce! Maybe the ABC correction ended sooner than expected. Break above the next fib line will confirm.
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still retesting the fib level...
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this is getting anoying.
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Finally! something to go with!
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watch out for the fakeout.
anything can happen.
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Breakout confirmation in 1min chart
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5 min confirms with a hammer and obv over its ema
pt in yellow
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Whaleclub.com give you 20x margin, making money is a joke. However I don't recommend them. period.
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hammering the last resistance
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wrong one.
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Bots stalling the price again... I am gonna watch Netflix and eat some popcorns. Make sure to put a stoploss to capture the gains. Other than that, eth should fly to the moon.
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trend is strong, should break this any minute
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Got stopped out :( I see an evening star forming, however, not shorting this.Looking to buy back at 50% retracement.
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bought at 50% retracement and now shorting. If that was wave 1, wave 3 will be hugeeee!
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Remember to lock the gain. I saw a h&S on 1 min chart. Look for a neck violation or else treat it like a regular support for double bottom.
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be very careful, this is not a bull anymore. That price action just destroyed the setup. It might crash because 1) double top just formed, 2) failed wave 5 means bulls are tired. 3) massive sell volume.
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Neck violation occurred on 1 min.
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PT. 1145.64
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new idea :) expect the volatility to increase in short term. Need to be very adaptive to situations.
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manipulation volatility, you name it. It's time to shine like a diamond. I
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look at the price structure... BOTS! DAMN BOTS! Still waiting for the dump btw.
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In all honesty, this price action could be a set up for another crash. We might be in a delusion phase. There is always a big gain before a crypto crashes. See this for more detail and don't even think about going perma long before we are out of the danger zone (ATH broken).
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Possible breakout! again.
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PT 1394
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got stopped out. :( Will visit back if anything changes. I think we are going down
