ETHUSD looking bullish foreseeable future CONTRARY to the permabull belief that cryptowinter has long ended & spring is in bloom the pragmatic; objective reality of current market conditions is that we haven't quite broken through to that bullish/parabolic stage that many already assume we have.
Now this is not a statement to be misconstrued as a "we're still bearish" pessimistic outlook for current priceaction -- though many still are cautiously declaring such a sentiment.
So using BB, KC, Fibo, RSI, current/future volume & SMA+MACD+EMA THOUGH NOT EMA i've projected under current market conditions, subject to change; based on trajectory & trendline breakouts we've seen thus far & my own personal judgement/TA I would say that we are looking at steady, organic growth for $ETHUSD -- which bear in mind IS A GOOD THING
If the price were to suddenly rocket to $1000; that should be cause for concern.
This organic growth signals that ETHUSD priceaction is more on its practical use & is more in line with its valuation...though I have been saying for quite some time that I believe ETHEREUM has been undersold ; and those of us who remember when BTCUSD was at or near its ATH of 22.8K; ETHUSD was at a stagerring $1300 est. so when you parallell BTC & ETH pricse you'll notice the discrepancy.
def U && BTC
i+1=0
u == undersold
BTC==btcusd && ETH==ethusd
def o
o = oversold
y == BTCUSD price
D=1300/2300
If i <= D
then ETH = u
ifels then BTC = o && ETH = u
print y && print o
if i >= D || i == D
print "ETH"
puts u }}
}
run.exe
=)
_________________________________________________________________
TP1: $176.92(short)
TP2: $178.77(short)
TP3: $180.70(mid)
TP4: $183.00 (LONG)
TP5: $186.96 (LONGER)
STOP @ $172.83
_________________________________________________________________
DISCLAIMER
Have a wonderful weekend everyone.
Please don't invest more than you can afford to lose; most certainly DO NOT MAKE YOUR ENTIRE INVESTMENT PORTFOLIO DECISIONS BASED ON THE OPINIONS OF ONE TRADER; REGARDLESS OF HOW GOOD YOU THINK HE OR SHE IS that is perhaps the stupidest thing you can do. The whole premise of cryptocurrencies, blockchain & bitcoin is that we are an autonomous community and with that -- we have complete & utter control of our own finances/financial decisions/and to put it simply: whenever you open a wallet you are signing up with a bank...the name of the bank is the name of the company/platform/industry that controls your private key so this is important to note-- as many people are not cognizant of the fact that just because you bought $BTC on say cashapp for example ; that DOES NOT MEAN YOU OWN IT!
Infact there's a little fine print bullshit disclaimer in their platform telling you that! SO relative to that example: you'd be registering with the bank of dorsey ....IDK about ya'll but I'm banking at the the bank of me and you should too!
If you're wondering how to be your own bank -- get a cold storage hard wallet directly from the manufacturer (don't go buying ledger nanos on ebay) and as long as you control the private key and no one else does you are in complete control of your assets.
def
BoM = Bank of Me && M == asset || C = crypto
arr.world ==
if userX owns privatekey.C && user =/= privatekey.C
then userX == BoM Member
ifels userX == a damn fool}}
}
run.exe
CODE is probably wrong but i was bored & am in a "Tech" mood today; and will put the "Fin" part aside for now :D
ALSO (seeing as how I didn't get enough love for that last MCO publication) I think it's only fitting I use this opportunity to take another victory lap.
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toldayso
toldayso
toldayso
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=D
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**********************
Peace & Love <3
*********************
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SAFE TRADING ALL!
-----------------------------------------------------------------------
Twitter / Linkdeln / TradingView / StockTwits
-@a1mTarabichi
----------------------------------------------------
Steemit
-@crypt0w1zmt
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TGIF!
