HecknDoggo

HecknDoggo

Nice setup here...I'm Long ETH/BTC and ETH/USD

HecknDoggo

Just like in Apr 2019, BTC is pushing up against the 50 Wk MA...will history repeat? We have the halvening occurring soon...volume isn't too impressive, so that gives me some pause. I'm currently Long BTC and ETH.

HecknDoggo Updated 

this market isn't capturing the real economic catastrophes that lie ahead

HecknDoggo

I opened a long position around 134 and TP @ 148 - waiting to see how this plays out. Sitting on my hands at this point

HecknDoggo

If it can....ETH will be on a crazy ride. Cant wait

HecknDoggo Updated 

Dont take it seriously...let me dream big for Dog's sake

HecknDoggo

just an idea - i've opened an order around 156

HecknDoggo

drew this line a few months back - now showing multiple points of strong support. Let's see if a strong rebound is in store

HecknDoggo

Could be bearish setup here with a rising wedge...

HecknDoggo

idk

HecknDoggo

Potential cup and handle formation if $188-189 can hold...already at 61.8 Fib, 4H and 1H RSI are oversold. ETHBTC pair needed a correction, currently at 38.2 Fib. Let's see how this pans out - I'm long ETH.

HecknDoggo Updated 

Fundamentals are strong, ETH is still above crucial very long term support, lots of intentional FUD by analysts in media due to short-termism and excessive price focus. Focus on the long game - ETH will reach new all time highs. Listen to Vitalik's interview in the 80000 hours podcast.

HecknDoggo

I understand the two are very different fundamentally (BTC with limited supply, ETH with its smart contracts, etc)...but purely from a chart pattern perspective, it was interesting to see BTC's 2015 chart pattern after the second death cross on September 2015...the price mostly stayed flat and then shot up substantially. Of course, ETH has its own fundamental...

HecknDoggo

Let's see if it can sustain

HecknDoggo

A faint shimmer of light appears in the darkness of the bearish abyss that is ETH. Perhaps this candle points to a morning star, depending on how the daily candle closes.

HecknDoggo

Definitely hope ETH can hold support around $185-188. I've opened a small Long position at $186

HecknDoggo

MAYBE a pattern from april 2019 will repeat...heck, its crypto...anything is possible.

HecknDoggo

Long term outlook...ETHUSD pair showing resilience near the long term trend line...MACD on monthly coming closer to a bullish crossover, lots of exciting fundamental improvements to Ethereum starting Jan 2020...I think ETH will have a decent Fall 2019 ($500-800) and truly have a good run up in late 2020 (new all time high? one can dream...).