Move Over MagicPoop, the Real Wizard is Here. ETHEREUM!@MagicPoopCannon is a legend here on trading view... but the time has come my friends, for him to be replaced by the apprentice he didn't know he had, CoreyAvery!
One week ago, my friends, I posted a chart on Etherium, appropriately titled "Beartherium".
Within that master of a chart breakdown, I predicted a head and shoulders target of $598. At this very moment, we are consolidating and possibly moving PAST ... exactly at my target... WOW!
If you have been following, you'll see that I post a chart, and the market adheres to my predictions... what a beautiful thing! If you're not following, make sure to do so because my profile is where the REAL MAGIC happens.
This is not an analysis, I've been posting them left and right, but this is me staking my claim as one of the greatest trading view traders of all time! @MagicPoopCannon, thanks for all you've taught me, but it is time for you to step down as I am here to take the reigns!
Follow me for more masterful charts and predictions. Wow!
Magicpoopcannon
Possible Gartley PatternThe lengths of some of the triangles a little wonky but traced Fib levels relatively accurately to validate this Gartley Pattern(Bat i think??) Still learning!
Potential buy with a tight stop loss set.
Volume seems to be mostly sell side but hopefully we close the daily above the 200. Starting to show a twinkle of life.
I think the people who sold their Mt. Gox funds knew it would cause a downturn in the market and they will be buying back in soon. (Just my opinion)
Let me know your thoughts. I have a long ways to go in terms of TA. Thanks all.
@magicpoopcannon... your my inspiration hahaaha
Told Ya So BTC Going UnderAs I said in my previous post, the falling volume with steady outbreak was just setting BTC up for failure. Here we are seeing it flush a little as expected, but there are only two options and for now I am holding a small short with a high leverage just in case it goes under as that small short could increase my portfolio by 20-30% if BTC decides to retest the 7k level again or even lower. Now for the options
Option 1(short): we go down to 9700 here testing the 200 day EMA, run up a little and come crashing through to retest lows.
Option 2(long): This downwards trend we are currently in will end soon and be the hand of the cup for the left shoulder sending us into the Bullish Market.
More TA on the way when we see what occurs.
NOT FINANCIAL ADVICE THIS IS STRICTLY TA AND MY OPINION ON WHAT SHOULD BE DONE WITH MY PORTFOLIO.
Gl Trading :)