Ethereum
Long
Updated

ETH Breakout! Is the crypto hype back? LONG! LETS GO!

3 053
I was bored and I saw a perfect breakout on ETH chart. I think I am in :D Let's have some fun guys! I still think the crypto market is crashing but ETH chart looks a bit different. It's never too late to make short-term profits and see where it goes.

The Reason why I am interested:
1. Golden Cross in 4 hr chart which generally means a long-term gain unless something BS happens.
2. RSI suggests there is some room to run.
3. The triangle Breakout

Catalyst: Robinhood Robinhood Robinhood which means more investors if they see ETH gain. People are sheeps, don't forget!

THE GAME IS ON!
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1500 should retrace to 1300 not 1400 for abc
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snapshot Next target in yellow.
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It should bounce at 1110 and run up up up.
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snapshot well there is that bounce... Have fun trading I am long on margin.
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My stop at 1098
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Anyone else bored with this 1% moves -_-
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ETH Break out confirmed! BOOM!
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This thing is BS and its stuck snapshot
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AKA bots trading, when you can clearly see epic bull volume but the price doesn't move snapshot BS
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snapshot when you are drunk and making thousands -_- hit it already. volume is decreasing, might be a good time to back down too
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but then again only we are at wave 3
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snapshot I hate when its in the middle. Lets see where it goes.
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Evening star snapshot upgraded my stop. to the fan support.
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1166.05 to be exact.
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So that was the top. Tada!!!
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Stop limit order submitted. hope it doesn't hit. ABC correct should be due.
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Could be a hammer, snapshot I have my stop limit order ready just in case.
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snapshot Here is the reason why
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Btw it hit 1174 ish :P pinpoint accurate :D.
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tradingview.com/x/FRy3HwZa/, however, stay alert
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Stop limit triggered. It shall gain. Go long. goodnight
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Follow the main chart above, it's going for the ATH. possibly 4K if the hype is really back.
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And btw the volume is back! increasing with the price action. GN
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snapshot shorting it with a stop limit buy for back up
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snapshot that bounce! Maybe the ABC correction ended sooner than expected. Break above the next fib line will confirm.
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snapshot still retesting the fib level...
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snapshot this is getting anoying.
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Finally! something to go with! snapshot
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watch out for the fakeout. snapshot anything can happen.
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Breakout confirmation in 1min chart snapshot
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5 min confirms with a hammer and obv over its ema snapshot pt in yellow
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Whaleclub.com give you 20x margin, making money is a joke. However I don't recommend them. period.
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hammering the last resistance snapshot
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wrong one. snapshot
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Bots stalling the price again... I am gonna watch Netflix and eat some popcorns. Make sure to put a stoploss to capture the gains. Other than that, eth should fly to the moon.
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snapshot trend is strong, should break this any minute
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Got stopped out :( I see an evening star forming, however, not shorting this.Looking to buy back at 50% retracement.
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snapshot bought at 50% retracement and now shorting. If that was wave 1, wave 3 will be hugeeee!
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Remember to lock the gain. I saw a h&S on 1 min chart. Look for a neck violation or else treat it like a regular support for double bottom.
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snapshot be very careful, this is not a bull anymore. That price action just destroyed the setup. It might crash because 1) double top just formed, 2) failed wave 5 means bulls are tired. 3) massive sell volume.
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Neck violation occurred on 1 min.
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PT. 1145.64
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ETH Update - The Setup just changed to ST Bear, LT BULL
new idea :) expect the volatility to increase in short term. Need to be very adaptive to situations.
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snapshot manipulation volatility, you name it. It's time to shine like a diamond. I
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snapshot look at the price structure... BOTS! DAMN BOTS! Still waiting for the dump btw.
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In all honesty, this price action could be a set up for another crash. We might be in a delusion phase. There is always a big gain before a crypto crashes. See this for more detail and don't even think about going perma long before we are out of the danger zone (ATH broken).
LTC and other coins forming this pattern!
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Possible breakout! again.
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PT 1394
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ETH Update - The Setup just changed to ST Bear, LT BULL
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got stopped out. :( Will visit back if anything changes. I think we are going down

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