First of all, many thanks for following and liking my ideas. I just started posting since this month and I see a rapid increase in the number of followers. I really appreciate it when you like my ideas, this helps me to reach more people and to provide you with even better charts. :-)
After our great profits with XRP, ETH will break out its triangle before 2018. This trade is valid if we close with an hour candle above the triangle.
Target 1: 764
Target 2: 829
Target 3: 851
Target 4: 1000
Good luck again!
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Questions? Feel free to ask and your feedback is welcome!
I'll update this chart tomorrow.
Unfortunately, we failed to breakout several times and hit our stop-loss. See our new triangle below:
Half of my position was sold automatically and I placed buyorders at 575 and 525 to buy back cheaper, if we fall back further.
I'll reopen this trade, if we have more information which way we will go. Good luck!