Currently Ethereum is refueling its rocket. One day the voyage will commence.
Possible Short if bearish channel is respected
If the support is broken, Ethereum can reach around 275 before skyrocketting towards its long term goal
At present , in which ever direction it goes, there is high probability that stop loss will hit. So I am just a spectator now.
This may be the last and final bull run before a huge fall. I am keeping my investments small and tight stop loss.
Lets do it again bitcoin!! I am expecting another downward spike at 6000. Planning to buy the bottom.
Bitcoin - Planning to buy the bottom of the flag.
Looking for similar reversal signs near trend line to take a short
Possibility 1 : Strong upward breakout of the bullish flag followed by consolidation and the next wave reaching new highs before hardfork. Possibility 2 : Short term reversal and then strong bullish wave before hardfork
Bitcoin - Short term target 5550 with tight stop loss. Executed a buy at the bottom of the consolidation pattern 5375
Bitcoin - Expecting revarsal to 5800 but with a CAUTIOUS STOP LOSS to prevent being runover.
Waiting for consolidation here , once top of the flag and a reversal sign is identified , will be taking a short