ETHBTC Long (long term)

29 ธ.ค. 2016

ETH had a very difficult second half of 2016 (mostly due to technical issues + BTC strength). But we need to keep in mind that this is the second biggest crypto currency (aka the main alternative to BTC). And as soon as technical issues + BTC bull run are behind us, that pair might go up madly.

I'll be using smaller timeframe to enter long, and aim for the moon in the long term.

Entry: 0.00785
Stop: 0.0065
Target : 1.618 fib extension of the previous main price structure

3 ม.ค. 2017

การซื้อขายยังคงดำเนินอยู่

7 ม.ค. 2017

บันทึก

If you missed the 7.85 entry, you may want try to enter long at 10.1 with a stop below 8.7.

If you're in the trade, you may want to add at 10.1 and move up your stop at 8.7.

7 ม.ค. 2017

บันทึก

Here's what I see as the next resistance/support levels.

I'll use all of these to manage my short/mid term entries and targets.

7 ม.ค. 2017

บันทึก

Small addition to the previous post : all resistance/support levels are not made equals. Some are stronger than others.

Here's an updated chart showing strongest levels (greeners = major, other = minors).

24 ม.ค. 2017

บันทึก

Seems like wave 1 is over. And given the correctif wave 2 tight structure, wave 3 should be very impulsive.

That's an easy trade. Add if you're already in (and move stop in positive territory around 10.8), or enter long if you're not with also a stop at 10.8.

Target TBD but it should be at least 16.0 (wave 1 length).