Ethereum (ETH) - ATH Break-Out - Bullish Cycle for BITSTAMP:ETHUSD by EW4X

Ethereum (ETH) - ATH Break-Out - Bullish Cycle

gave me a whooping 170% #Profit on the #Bullish Swing.
I went #Long on from the 1.6K Mark, on the #Break-Out.

I cashed it all in on the 3.5-4K Range.
* see related idea for details.

Unlike , did not deliver a new #ATH.
In fact, it all leads to the fact that it's waiting for something.

With the BitcoinDominance () showing signs of an up-coming #Correction, I believe this will pave the way for #Altcoins to shine, thus the #Altseason to start.
Crypto Market Cap ( & ) are about to burst on the #Bullish side.
will play a major role in this.
* see related ideas for details.

What's the Play for ETHEREUM?

I see a strong #ETH #Bull in Cycle Wave C (turquoise).
This can easily reach 5K, but can also tag the 7K Mark.

ETHUSD #TechnicalAnalysis

- #ElliottWave Cycle Wave C (turquoise)
- Inverted #HeadandShoulders
- #RunningFlat

My ETH #BUY Levels

- Entry @ 3.1K
- SL @ 2K
- TP @ 5K

Trade active

ETH Weekly:

ETH Daily:

ETH 4H:

Note

will be the key for the #Altseason to start.
#Bullish swing towards 5-6K USD still possible.

#Altcoins to go Bull if delivers.

The next Buy Level for :
- Entry @ 2450 USD
- SL @ 1400 UDD
- TP1 @ 5500 USD
- TP2 @ 6000 USD

EW4X

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