Ethereum (ETH) - ATH Break-Out - Bullish Cycle

7 天前

ETHEREUM gave me a whooping 170% #Profit on the #Bullish Swing.
I went #Long on ETHUSD from the 1.6K Mark, on the #Break-Out.

I cashed it all in on the 3.5-4K Range.
* see related idea for details.

Unlike BITCOIN, ETH did not deliver a new #ATH.
In fact, it all leads to the fact that it's waiting for something.

With the BitcoinDominance (BTC.D) showing signs of an up-coming #Correction, I believe this will pave the way for #Altcoins to shine, thus the #Altseason to start.
Crypto Market Cap (TOTAL2 & TOTAL3) are about to burst on the #Bullish side.
ETHUSDT will play a major role in this.
* see related ideas for details.

What's the Play for ETHEREUM?

I see a strong #ETH #Bull in Cycle Wave C (turquoise).
This can easily reach 5K, but can also tag the 7K Mark.

ETHUSD #TechnicalAnalysis

- #ElliottWave Cycle Wave C (turquoise)
- Inverted #HeadandShoulders
- #RunningFlat

My ETH #BUY Levels

- Entry @ 3.1K
- SL @ 2K
- TP @ 5K

7 天前

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