I'm buying Ethereum gradually with BTC over two weeks. I think we'll form a strong base and rally once again, after having bottomed at the low volume support in the weekly chart here, in the fiat chart. RgMov shows an uptrend, we got oversold, broke the recent downtrend linear regression channel not only made a new weekly high but also expanded the weekly range.
If we break above the uptrend mode, we'll be in good shape to rally over the 100 handle here in the long term, so, don't miss out on accumulating longs here, specially if you missed the first rally before the giant sideways consolidation phase. If you have insights regarding fundamentals for this move, or any comments, leave them below.
Good luck and happy new year!
Ivan Labrie.
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Nice dip here, to join the move. I'm adding some more since I had bought already. My average entry is 0.0082.
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Great!
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Ethereum is now above most resistance levels. Next level is 39% higher! No resistance here...hold positions.
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I've measured how far a rally can go, just from sellers giving up in ETHEUR
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To my followers: you're welcome.
Almost confirmed in the monthly. Brace yourselves!
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The monthly chart suggests ETHEUR's long term rally is strong Impressive run, we can hold with minimal risk.
Your the man Ivan, love how you share this stuff. It was something I was watching but like 1 million others wanted to buy lower. Still got some at "good" prices so far. BTD :D
IvanLabrie
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@Noobincrypt, hehe, glad to hear you caught some of the moves.
yen21
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Happy new year guys! both of you on same idea,i can't believe it ;)
rivet.popper
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Are you serious about possibly hitting 120 by end of Feb?
IvanLabrie
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@Rivet.popper, I don't know about time targets, but that is a logical top target for it if it confirms a rally from here. -it didn't yet-
Benimen
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Looks to me like a potential head and shoulders in the making here. Could very well be a false breakout here soon to keep a good chunk of traders on the sidelines though.
IvanLabrie
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@Jesse_Livermore, hi. I'm not a big fan of the chart patterns. What H&S? Post a chart so I get an idea of what you're looking at please.
NicolasMendoza
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@Jesse_Livermore, Everything looks like a potential head and shoulders or like a potential cup and handle. Price analysis doesn't get any more meaningless or generic than that.