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ETH pushing to it's final target $6k
Ethereum
Long
ETH pushing to it's final target $6k
By market-crash
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Updated
Oct 27, 2021
8
2
2
Oct 21, 2021
A 3 big move trade play on Ethereum spanning to Monday. Obviously I will short the final 6k target but that is for another post.
Trade 1: Long @ $4051 with a same day target at $4721.
Trade 2: Short @ $4721 with a target $3900.
Trade 3: Long @ $3900 to final target $6011.
Oct 21, 2021
Trade active
Long $4051
Oct 21, 2021
Note
Added more to the long @ $4068 on this fake bear flag.
Oct 21, 2021
Note
Coming a huge green one, FOMO buyers about to enter.
Oct 21, 2021
Note
FOMO buyers will push ETH to 4.7k, from there down to $3900 or more for a brief moment to fill the Trade 3 buy limit.
Oct 21, 2021
Note
Ready to 🚀
Oct 22, 2021
Note
How do you create confidence in the markets? You lure the participant with an imaginary $4013 support!
I will add more ETH with a buy limit @ $4019.
Oct 22, 2021
Note
Filled, I will not do the trade plan. This is the setup I will do long sub
4
40XX
closing on Monday when ETH hits the $6011 target.
Oct 22, 2021
Trade active
Oct 25, 2021
Note
Target expected on Wednesday-Thursday.
Oct 27, 2021
Note
Look at that, no strength for upside move. Crashing to $2240 today.
Oct 27, 2021
Trade closed manually
Long closed with 213 pips profit. Will not short this since there will be a lot of short term volatility, option play will outperform short profit.
Next stop after $2240 will be the $968.
Beyond Technical Analysis
Trend Analysis
market-crash
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