Long

ETH to $360

By ShillusMaximus

Updated

ETH going to $360 in the next few days, load up around $270 for ez 30%

Trade active

Loaded at 280 earlier today, still on track. Stop at 265.

Note

Strong resistance in the 305 area keeping us down, a positive break for BTC could take us past this. Rising wedge and falling volume indicating a short-term correction into the 270-280 range is coming in the next few days. I would accumulate in this area, stop at 265 as a breakdown of this level could take us to lower lows. Adjusted chart for time intervals.

Note

Shorted at 315, waiting on further correction for reentry. Start buying around 290.

Note

This is the start of prime buying time, currently on wave C of our short term correction. Buy 275-290 stop 265. We should only be in this zone for the next day or two.

Trade active

Beautiful drop back into our 270 target, little wary on how much further this correction may go will be watching closely over the next couple hours. For now I have bought back in at 272

Note

Hope you got in when we were at 270, more beauty as the bulls smashed through 300!! Expect more bull action coming in the next week to push us to our 360 target, I'm watching out for a break of the 280 support as my stop is now set there.

Note

Stop triggered, I'm staying out atm until a clearer picture reveals itself. Short term rise to 285 very likely, what happens from there will determine my re-entry. For right now I see a head and shoulders pattern forming on the 1hr that could put ETH in the low 200's. Trade with caution over the next few days.

Trade closed: stop reached

Trade active

Head and shoulders pattern failed, we got sent back to our support and the bulls are holding strong. 1hr currently showing cup and handle pattern w/ stong RSI meaning a jump is very likely to the 320 resistance area. For now I have re entered my long position at 272, stop 265.

Note

Would also advise putting a portion of your ETH holdings into strong oversold alts, as I feel we are on the verge of the next alt szn.

ShillusMaximus

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