Oh, hello there ! !
While we were buying around 500€ the bears have just awoken from their hibernation and suddenly are feeling very bullish now.
Yesterday "I will buy at 300€ !!"
Today F.O.M.O
Ha ha !
So what happens now?
I think we will calmy trade inside this channel with ups and downs but we will always progress higher than lower (higher lows-higher highs) - if this changes i must reevaluate my position, we should continually keep on making higher highs from now.
The next objective is to make a huge push that would bring us out of this channel, but first we need to deal with the local resistances - Dem Guerilla-Warfare Bears in 730-800 range :D
And a side note:
As a Ether Hunter my objective is to gather as many Ether as I can, well I just make trades to just to "hunt" more Ether ;)
Liquidating comes much later, like when we see >2000-3000€/ETH (So meanwhile - gotta catch em' all)!
The reason I mention this is because people have asked me about advice when they should buy and sell etc, first of all I am not a professional, I'm an autodidact (self learned trader) with a fetish for Ether, thats why I had to learn the market, secondly - I don't like the thought of giving people my opinion how they should use their capital, if hell is unleashed upon them I will be the one that gets burned.
All I can do is share my ideas, and if you like them you can trade on them, you can check my accuracy in the previous chart if that's something that interests you.
So regarding advice, the only advice I can give you is that if you're looking to get in to the market, now is a great time - as the market sentiment overall has changed, and even the bears are now bullish, well, many of them (some of those elliot wave guys are still bearish :D).
Just follow the trend!
While we were buying around 500€ the bears have just awoken from their hibernation and suddenly are feeling very bullish now.
Yesterday "I will buy at 300€ !!"
Today F.O.M.O
Ha ha !
So what happens now?
I think we will calmy trade inside this channel with ups and downs but we will always progress higher than lower (higher lows-higher highs) - if this changes i must reevaluate my position, we should continually keep on making higher highs from now.
The next objective is to make a huge push that would bring us out of this channel, but first we need to deal with the local resistances - Dem Guerilla-Warfare Bears in 730-800 range :D
And a side note:
As a Ether Hunter my objective is to gather as many Ether as I can, well I just make trades to just to "hunt" more Ether ;)
Liquidating comes much later, like when we see >2000-3000€/ETH (So meanwhile - gotta catch em' all)!
The reason I mention this is because people have asked me about advice when they should buy and sell etc, first of all I am not a professional, I'm an autodidact (self learned trader) with a fetish for Ether, thats why I had to learn the market, secondly - I don't like the thought of giving people my opinion how they should use their capital, if hell is unleashed upon them I will be the one that gets burned.
All I can do is share my ideas, and if you like them you can trade on them, you can check my accuracy in the previous chart if that's something that interests you.
So regarding advice, the only advice I can give you is that if you're looking to get in to the market, now is a great time - as the market sentiment overall has changed, and even the bears are now bullish, well, many of them (some of those elliot wave guys are still bearish :D).
Just follow the trend!
Kommentar:
More detailed chart and in depth analysis coming today, stay tuned :)