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Pato99
2017년 1월 4일 오전 9시 36분

ETH on its way to 100 € 

Ethereum / BitcoinPoloniex

설명

With all the recent fiat struggle in 2016, 2017 will be the year of crypto. Once People start to realise their money is worth less everyday the more money will flow into crypto.

ETH made a tasty 7€ - 10.30€ jump in just 2-3 days.
We all have the opportunity to ride this train to the moon.

The crypto bear market is OVER.

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RENKO chart to identify trend reversals

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0.0107 so far so good, we slowly leave the downtrend pitchfork. First Target 0.014 resistance

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Due to BTC votality you should expect bigger shakeouts. I´m buying all dips and sell them for 5% to reduce my base Price. I dont touch the long term Position. Trading EUR/ETH is also very lucrative to earn some fiat additionally

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BTC hit 5700 CNY which made ETH break through 0.0110.
BTC still can go down to 5500 but currently i use this opportunity to stack more cheap coins.

When BTC starts to retrace from those huge dumps expect huge FIAT/ETH increase, BTC/ETH sideways.

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We are about to form the thrid Renko block allready.

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current ETH/EUR comparsion and long term view

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ETH/EUR just passed through speed resistance and downtrend channel (upper green arrow)

Expect 25% gains, BTC target 0.015-0.0158

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Alt volume is very low this week. Now with Chinese New Year coming i dont expect too much movement here.

If we not pump before CNY we should extend the sideways consolidation for 10-14 bars.
so HODL!

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Probably the big wick down wasn´t the best point to attach the pitchfork, so here is a small adjustment.

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nice opportunity


20% capital alloc 4 x margin
stop loss @ 0.096-0.097 (stop loss might be killed by wick down, so better do it manually)

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it did not go down to 0.01. Currently BTC is pushing up, while ETH holds pretty close to 0.011.

As expected a month ago we can see some sideways during BTC rise, but if you also looked at fiat/ETH we see some really good gains. It´s worth to trade both pairs until BTC shows some weakness, so that ETH can finally increase its BTC value. Lets wait another week.

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13 days left

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not much to say about this. we will see nice gains

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12 € we hit, 88 € more to go lol

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we are going nutzz!!!

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yesterday we hit highest market cap since 23th Jul 2016

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New 28 day Count

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lets see how far we´ll go. FIAT/ETH Chart is mindblowing

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good to Close margins and hold only spot here. buy on pullbacks

80,50€ left to hit 100 €

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I think ETH will form a new bullflag here.

Possible entries could be 0.0143. Max downside shouldn't be no lower than 0.0135

Timeframe for reaching 0.0190+ should be by middle of April latest

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everyone involved into this: congratulations

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i will no longer update this chart. the trend continues
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movethebeerdownstairs
I agree it will probably hit a bump in the road at 0.0158 and the Renko chart is nifty :D
Pato99
@movethebeerdownstairs, thanks, it´s a very useful tool to have a second confirmation and we go higher higher every day. Looks very good for ETH
fulrik
@movethebeerdownstairs, very qualified guess you made sir.
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