ETH Bullish pennant formation Bullish rectangle breakout incomin
Updated
What ever happened to a pictures worth a thousand words? Eth has broken loose from UAHF FUD. The previous breakout was nothing in comparison to what is to come. Zoom out, look at the cup and hand whose left lip rests on ETH ATH on 6/11. Buy and hold. Or head over to your local bitmex and bet all those btc youve been bag holding all of this time. They are worth so much! Put them to use!
Note
those hundred or so caution dots on godmode also indicate a continuation pattern is in the making. Trade Active since the formation of that little rectangle. Boy do I love to see one of those testing the top of any pennant.Trade active
The squeeze is preparing to release as the longer and shorter time frame stochastic lines on Godmode look to have tightened as much as possible. Consolidation is complete buckle up and hold on to your Ether!Note
Check out the hourly chart on ETH:BTC over at poloniex. A perfect Pennant Flag has just completed its formation. Yall ready for this dunana nana duh duh dunana nanaNote
Trade active
ETH can come all the way down to 290 and kiss the resistance turned support line before continuing upward. This is more common than not and extremely healthy and bullish.Trade active
Extremely healthy consolidation occurring after the breakout confirmed by ETH surpassing 305 today. I am active in this swing trade thru the resistance level present at 350USD. I will hold for the next 47 days as that is when loan expires. Looking to make 1000% on my x5 leveraged margin position INTEREST FREE over at Bitmex. Get over there already...Trade active
1000%?!?!?!? you call bullshit? btc to 10k oct 9th also..."You're kidding"
everything else will follow in one way or another
no i am not kidding I’ve been saying that since may and it confirmed when btc survived the hard fork and the bull market returned last 2 weeks.
oct 9th is the end of the 235 day btc cycle google it
10k is only 2.7x more for btc, its extremely realistic.
its just a large number so everyone is shocked.
2.7x is nothing for btc its gone up over 5x since this time last year
and Q4 2017 and 2018 will be even bigger i am 100% positive.
its all about logarithmic scale, percent changes not about numbers increase the linear arithmetic numbers mean nothing
100 to 1000 is the same increase in market cap as 1000 to 10,000
we are at 3,700 10k is nothing
ETH is roughly $300 right now. $1000 ETH is very doable and realistic for 2017 given the PERCENT changes that have occurred in 2017
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For short term gains, 320 to 350 will be very fast with high volume.
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