If we look at 2.618 fib level we should cross 1200 level in wave 5 or wave 5 extension, and I am sure there will be no retracement in December, because smart people will try to hide their profits from income tax, and reinvest it all. After January 1 we have to be very careful as the price might crash.
Personally I was able to buy back at 650 after sold at 680 (retracement to 616 was so brief that I missed it :(, leaving a buy order was risky in case if it retraced to 540s)
I hope to sell above 1200 in January :D
There might be a small retracement after we cross 900 level too, but that will be brief and will recover quickly, possibly will touch 0.618 levels
評論
⋅
PS we should also watch BTC prices, because ETH is rarely above 0.05BTC
評論
⋅
I will try to sell around 980 before going to 1200 if it reaches that level before December 20th
Just another thought here why I consider selling at 980 on/before December 20
MS3IV
⋅
Sounds similar to our situation as far as selling and buying very interesting!
Yes it looks like possibly btc / eth chart says one should sell btc for eth as eth may make a run back at the .04-.044-.05 mark but could be wrong and wishful thinking. Also if btc continues with momentum then perhaps may not pan out.
imocchi
⋅
@MS3IV, I agree, could be completely wrong and wishful thinking, but with profits from previous trades I am going to take risks :)