POTENTIAL LONG POSITION SET UP FOR ETHUSD, HAPPY NEW YEAR GUYS
Updated
TRADE SET UP
-Potential Long joining *the completion of the "W"*, and to the TP point of the "W".
-Wait for a pull back to 760$ zone to buy back and ride the way up to the TP point for the "ASCENDING TRIANGLE"
INFO
-Weekly resistance zone and sell orders are accumulated between 789$-742$, so our TP for "ASCENDING TRIANGLE" would be the top off for ETHUSD.
-If we close the hourly above 820$ and if the bulls are strong, then we are heading to the strong resistance at 908$, which would be the ultimate TOP OFF for a pullback.
- THEN we get ready for a 20-40% pullback down.
Signing off,
THECRYPTONIZER
-Potential Long joining *the completion of the "W"*, and to the TP point of the "W".
-Wait for a pull back to 760$ zone to buy back and ride the way up to the TP point for the "ASCENDING TRIANGLE"
INFO
-Weekly resistance zone and sell orders are accumulated between 789$-742$, so our TP for "ASCENDING TRIANGLE" would be the top off for ETHUSD.
-If we close the hourly above 820$ and if the bulls are strong, then we are heading to the strong resistance at 908$, which would be the ultimate TOP OFF for a pullback.
- THEN we get ready for a 20-40% pullback down.
Signing off,
THECRYPTONIZER
Trade active
-Just a small pullback to the TOP of the "ASCENDING TRAINGLE" to get support and then to the TP of the "ASCENDING TRIANGLE". -THE MARKET IS GONNA BE VOLATILE AS BTCUSD IS REACHING 30K>
Trade closed: target reached
TRADE CLOSED WITH A >1000% PROFIT.-Eth looks like it just started it's bullrun. Will update on my next target soon.
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