ETH in the midst of an ABC Elliot Wave. Huge Profit Possible.

BITTREX:ETHBTC   以太坊 / 比特幣
435 3
Assuming that Ethereum consolidates the same way that Bitcoin , Ripple and all the other top 20 coins I can think of have done after monumental gains and using Elliot Waves, the ABC correction wave, and fibonacci retracements it is clear that Ethereum will be trading in a zig zag pattern for a while. We will ignore the bullish EMA signals that are active at the moment. In the long term we believe that Ethereum will hit $2000 before 2018 is over. We want to be clear that we are not bearish on Ethereum . We are simply making a play on the current situation. This is not an overnight trade. This may take days or weeks to complete.

*Note that we believe that there is sufficient support at the .236 fib level to cause a bounce to the upper part of the triangle. However, a stop loss should be placed beneath the entry point in order to mitigate out for bull wicks though! These wicks can trick even the best traders so please make sure to leave some room for that when you set your stop loss.
評論: The impulse wave has failed as expected. It went longer than we thought it would but our target still stands. For those of you looking for a USD entry point, $925 seems like a good support.
評論: BTC volatility completely threw off our prediction. Please watch BTC movements carefully when trading Crypto. We are still very bullish on ETH for the Long term but need to reassess our wave analysis as new data comes in .
Very nice trade analysis. Once question, why do you think there is not sufficient support at the 0.382, how can you see that?
BitBookkeeper yipcode2018
@yipcode2018, It failed previously didn't it? Just look at the previous trade activity in that you see support?
yipcode2018 BitBookkeeper
@BitBookkeeper, I understand. Last time was no support so now should happend the same . Thank you.
ZH 繁體中文
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
AR العربية
HE עברית
首頁 股票篩選器 外匯篩選器 加密貨幣篩選器 全球財經日曆 如何運作 圖表功能 網站規則 版主 網站 & 經紀商解決方案 小工具 圖表庫 功能請求 部落格 & 新聞 常見問題 幫助 & 維基 推特
概述 個人資料設定 帳戶和帳單 我的客服工單 聯絡客服 發表的想法 粉絲 正在關注 私人訊息 在線聊天 登出