If ETH breaks out, and stays above the neckline, this is a cup & handle / inverse head& shoulders with a technical target of $160.
Komen:
Take some profit at resistance. Watch out for this possibility
Komen:
I took profit, Going to re-enter long on the next breakout (above 125)
Komen:
(that is ... $125 Bitmex, or $128 bitfinex, the red box above is next breakout zone)
Komen:
ETH still going, $130 Bitmex overnight!
Komen:
we had a break of big resistance band at 125 and now consolidating above, Buy the re-test
Komen:
Never fomo
#NoFomo
#NoFomo
Komen:
nice re-test!
but wait a bit more ... we need to see it break UP
but wait a bit more ... we need to see it break UP
Komen:
... Patience ...
Komen:
a possible path for ETH
Komen:
Danger, will robinson
Komen:
ETH is giving the middle finger to bears O_O
Komen:
ETH is the duracell bunny, just keeps going and going
Komen:
Nearly there!
Komen:
Tah dah! Nous sommes arrivee
Dagangan ditutup: sasaran tercapai
Komen:
and this is why you set targets, use stops and take profits on the way up. Hope you got out safely guys!
Komen:
Sell
Komen:
Always take profit, and learn when to sell
Komen:
People are asking me 'is it good to buy ETH here?'
When a parabola breaks, it typically retraces 80-90% of the run
(see twitter.com/PeterLBr.../1076229932689158145 )
When a parabola breaks, it typically retraces 80-90% of the run
(see twitter.com/PeterLBr.../1076229932689158145 )
Komen:
ETH is forming a head/shoulders. Watch out for fake breaks!
Komen:
New short setup
Komen:
If it holds this line, Im buying (going long)
Komen:
Holding...
Komen:
Don't get sucked back in. ETH made a lower high, it will go lower after a few more dip buyers try their luck
Komen:
Always sell bear divergence on 4hr, 6hr timescale
Komen:
If you haven't sold to take profit yet, this is a good place
Komen:
I know you all think I'm mad for saying ETH is a sell, but it's risen barely a dollar above my long price target (hit on 24th December) and we now have multiple signs that a top is forming
1./ Bear divergence on many timeframes
2./ Rounded top
3./ decreasing volume
1./ Bear divergence on many timeframes
2./ Rounded top
3./ decreasing volume
Komen:
^ Sorry should say 3./ 'Distribution volume' (higher vol + smaller price range)
Komen:
Many chances were given to get out & sell at or above $150. Did you take them?
Komen:
Really getting bearish now. Second opportunity to sell above $150 was a gift. Did you take it?
Komen:
Update after that sell call !
Komen:
Guess what, ETH is painting a bearish head/shoulders pattern, with a bear target of $68. You heard that right
Komen:
Still bearish
