Will ETH be the next pump after XRP? $1000 target!

Risk: Low

Dear followers,

First of all, many thanks for following and liking my ideas. I just started posting since this month and I see a rapid increase in the number of followers. I really appreciate it when you like my ideas, this helps me to reach more people and to provide you with even better charts. :-)

After our great profits with XRP, ETH will break out its triangle before 2018. This trade is valid if we close with an hour candle above the triangle.

Target 1: 764
Target 2: 829
Target 3: 851
Target 4: 1000

SL: 652

Good luck again!

Please, follow and like for more trading ideas.

Questions? Feel free to ask and your feedback is welcome!

Transaction en cours:

ETH is trying to breakout now. We need a close above the triangle. You can click the play button on the chart to see or we have a confirmation already. it might happen in coming hours.

Transaction en cours:

We broke resistance several times, but aren't able to close above resistance yet. The candles indacate a strong resistance.

I'll update this chart tomorrow.

Trade fermée: ordre d’arrêt atteint:

After a great rally of hitting our targets, we hit our SL this time after a correction of most coins, this is also part of trading, so we have to revise our analysis. I used this correction to add some other coins to my portfolio, if we drop further I'll expand some of this positions.

Unfortunately, we failed to breakout several times and hit our stop-loss. See our new triangle below:

Half of my position was sold automatically and I placed buyorders at 575 and 525 to buy back cheaper, if we fall back further.

I'll reopen this trade, if we have more information which way we will go. Good luck!

Transaction en cours:

I forgot to reopen this trade the 31th of December. We broke out the traingle that day.

Trade fermée: cible de profit atteinte:

First taget and second target reached. Next target is $1000,- I'll keep you updated about this.

Trade fermée: cible de profit atteinte:

We reached our $1000,- target. :-) I'll provide you with a new chart as soon as possible.

Commentaire:

I still have a small position in Ethereum, as in most promising coins. But maybe it's good to say that I now have a more than 50%+ cash position at the moment, because I expect a correction in the coming days.