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.
Questions? Feel free to ask and your feedback is welcome!
Trade ist aktiv
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ETH is trying to breakout now. We need a close above the triangle. You can click the play button on the chart to see or we have a confirmation already. it might happen in coming hours.
Trade ist aktiv
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We broke resistance several times, but aren't able to close above resistance yet. The candles indacate a strong resistance.
I'll update this chart tomorrow.
Trade geschlossen: Stop wurde erreicht
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After a great rally of hitting our targets, we hit our SL this time after a correction of most coins, this is also part of trading, so we have to revise our analysis. I used this correction to add some other coins to my portfolio, if we drop further I'll expand some of this positions.
Unfortunately, we failed to breakout several times and hit our stop-loss. See our new triangle below:
[img][/img]
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!
Trade ist aktiv
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I forgot to reopen this trade the 31th of December. We broke out the traingle that day.
Trade geschlossen: Ziel wurde erreicht
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First taget and second target reached. Next target is $1000,- I'll keep you updated about this.
Trade geschlossen: Ziel wurde erreicht
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We reached our $1000,- target. :-) I'll provide you with a new chart as soon as possible.
Kommentar
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I still have a small position in Ethereum, as in most promising coins. But maybe it's good to say that I now have a more than 50%+ cash position at the moment, because I expect a correction in the coming days.
@Ralph_Barhoum, Unfortunately yes, but every correction offers new opportunities. :-) That's the game we play.
ottobloom1
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@jelmerrr, shall we wait for another drop... also I am waiting for an update on Ripple, please. Have you adjusted your buy points? It keeps going up. When do you think or shall we have opportunity to buy at 1.52
sweetniko
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THis is a really stupid question.. Are there any stocks like GBTC? - for people who can't wrap their heads around buying crypto? Or is GBTC tha only one?
sweetniko
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@sweetniko, ok- i found some others like LTEA. BUt i don't think that Ripple has a stock. IDK.
Trades999
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@sweetniko, I know there are many more then these two. I trade stocks, but I don't trade these stocks, because of the high risk.
ParadigmShift
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I've been following the same triangle pattern closely. ETH is my next trade after XRP. Thank you!