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Tin.Foil
15. Jan. 2018 00:32

#ETH +27% target $1709 USD Long

Ethereum / US DollarBittrex

Beschreibung

Cup and Handle formation give us our new target.

See previous ETH analysis and prior target at $1445.

Kommentar

Please see this.. it is just as accurate today as it was in 2013.
imgur.com/a/KDwtE

Kommentar

I'm just going to leave this right here.

Current correction period is a large Bullish Pennant.

BTW, 35-36 days seems to be a very common cycle period in crypto.

Kommentar

ETH Breakout.. target +200% in 30-35 days
Kommentare
webmi
Just close trade man. In this bullish market if you wait long enough you target can be 10k for eth.
Tired of looking TAs in low time frames going on and on until target is riched,

I could post ETH last year 200%,... nope,.. 1000%,... nope,... 10000%,... i would be right eventually in months
webmi
@webmi, You were just wrong
Tin.Foil
@webmi, Here's the breakout..

fureien
@tin.Foil, hey buddy I appreciate your breakout analysis

They are in fact the right calls and on point. You are just missing a critical factor which is that everything follows the macro movements of btc. In crypto TA doesn't mean anything if btc is moving the other way

The only way I have been able to succeed is watching btc movements

In massive downward corrective movements. The market just mirrors btc regardless of whether the ta for individual coins suggest breakouts. It won't be until btc recovers and goes sideways that alts can decouple

When btc pumps too hard everything dips

When btc dumps. Everything dips

When the king is napping. Then the mice come out to play

Prime example with eth. It's last moon was cause btc went sideways in early Jan.
gousemyplan
Hello Tin.Foil! We should buy from this price? Or it is going to moon already?
Tin.Foil
@gousemyplan, You could always wait and buy at the top, then sell at the bottom.
StephenMannarchist
@tin.Foil, i think this will turn out as an advanced retracement. at least, im not buying in untill it breaks the previous high, likely. im playing it ultra conservative.
fureien
@StephenMannarchist, probably a triple top for an epic corection then back up
ETH not staying down

the market dipped 15%+ and ETH didnt even flinch
cryptoGus
@tin.Foil, LOL
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