ETHEREUM (ETH) About to BREAK OUT of TRIANGLE and First Hit $659 Before Going >$1,000!!

in #bitcoin7 years ago (edited)

SUMMARY

Keep an eye on ETH! A breakout of that HUGE triangle is IMMINENT! I've projected a short term target of $659 before it hits ?>$1,000!!!

The ETH/BTC pair is as bullish! The downward pointing triangle shows $0.1563 BTC Target!

Please consider reviewing these Tutorials on:
Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
Laddering and Buy/Sell Setups.
Laddering Example with EOS
Tutorial on the use of Fibonacci & Elliott Waves
These Technical Analysis Books: Elliott Wave Priniciple & Technical Analysis of Stock Trends are highly recommended
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If this blog post has entertained or helped you to profit, please follow, upvote, resteem and/or consider buying me a beer:
BTS Wallet - haejin1970
BTC Wallet - 15ugC4U4k3qsxEXT5YF7ukz3pjtnw2im8B
ETH Wallet - 0x1Ab87962dD59BBfFe33819772C950F0B38554030
LTC Wallet - LecCNCzkt4vjVq2i3bgYiebmr9GbYo6FQf


Legal Mumbo Jumbo: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.**

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people were sleeping on ETH throughout this recent BTC pump!! time to wake up guys

https://coinmarketcap.com/currencies/arcticcoin/

Cup and handle after an a,b,c correction?

Ethereum looks promising. The triangle has emerged on the daily chart so there's a good chance the breakout will happen. Chart patterns on higher timeframes are regularly more reliable than on lower time frames.

🐾🐈❤️Good morning, how is ZCASH (ZEC) and EOS doing .

Zcash is doing since september. Wait another 2-3 months and it will be $350 and KABOOM. :)

Haejin, Do you use a hardware wallet for crypto storage? This seems to be the safest way to store but does not seem nimble enough for trading. Any thoughts Sifu?
Anyone else have an opinion here?

I use a trezor hardware wallet. Really easy to use but I agree, more of a long term holding solution than a trading solution.

I would recommend using a hardware wallet (I don’t trust exchanges) but leaving small amounts for trading on the exchange. I don’t see a better solution as with current bitcoin fees and potentially slow confirmation times it can take hours to move btc to/ from exchanges.

I also use trezor but I am accumulating and not doing a whole lot of trading. The rest I leave in small amounts on a number of the more reputable exchanges.

For Bitcoin is use AirBitz....very good security and paper cold wallet.
I don't use trezor or anuthing like that.

Thank you. Have some BTC on exchange but waiting for that wave five of five to sell so I want to move off exchange asap. I have a Ledger wallet holding other coins but will check out AirBitz for BTC.

use the bitshares dex

Thanks, I do have my bitshares and some steem there, going to send my EOS there as well.

I need to send more btc there to buy more bts.
Have you used the bank account link as another exit out of fiat?

No, not familiar with it. Will check it out though. Anything to opt out of fiat!

HODL all the way!!

Thanks for TA ...i am going to avail this opportunity ...

This Etherum is getting a lot of attention. I guess it's moving up in the cryptocurrency world.

So glad that I held my position and still bought more at $359 on X5 leverage. Hopefully I'll get out soon enough.

ETH has lots of catching up to do. It's time to eat up that BTC market share and contribute to the flippening.

Thank you very much for the good news @haejin. It's time for a mini-HODL

The flippening ain’t happening! Btc has the name, market share and first mover advantage. It will take s lot to upset that!

Well I've previously stated that BTC will go out like the British Empire. American Rvolution didn't ruin it. The great war didn't ruin it. The uprisings in the colonies didn't ruin it. The British Empire even survived WWII. And at the end of it; Where is the Empire now?

That's what's going to happen with BTC. I don't even think there will be 1 coin that would rule the market after BTC fall back into the sidelines. Cryptos will eventually loose their BTC moon. I don't think it'll happen for another year. My personal limit is before the end of 2020.

If some major shift happens, things could go on a different way. I'm merely making an informed guess.

Bitcoin is the Alpha and the Omega. All alt coins shall forever bend the knee before it.

Bitcoin is the revolution - It is the internet and the shitcoins are the dot coms; >95% of which will be like shooting stars, burning briefly before turning to ashes. But Bitcoin shall endure ;)

The only thing that worries me in the short to medium term with regards to Bitcoin is Bitfinex and their tether coin scam. Potentially a MtGox 2.0 in the making. Was thinking it could be the event that manifests to fulfil the "DANGER WILL ROBINSON" scenario that @haejin TA was alluding to a few weeks ago.

We'll see. The time will tell. I'm calling $500 BTC before the end of 2020.
Many of the alt-coins have far better tech than BTC. The real bubble is BTC which would simply be just a few pages in the future history books. If You think highly of BTC, go ahead and pour your money and lock it for 3 years.

Hard to decide which is more of a bag of shit: the Ethereum platform or the people that run it. Little would please me more than to see it crash and burn - sooner rather than later.

But have to agree with haejin that there's little doubt there will be profits to be made in the massive bubble before it eventually falls apart. I refuse to even trade in it on general moral principle, but wish good luck to those that catch some profits in it.

Angry - Care to elaborate?

He likes the child porn. After this picture there is no doubt.

Awesome. Can’t wait to take profits and buy more bts.

Don't buy too much BTS, it is worthless.

You give the worst investment advice troll
Bitconnect is fitting for someone like you.

I wish you would go away troll. tm. Lol

I see you could not answer anything. :) Well done Haejin.

Wait for the BTS rise what Haejin promised you. Haejin is a salesperson, he is selling hope. :)

what's the reason behind this ETH rise?

ETH has at least 30x the use value of BTC.

@haejin - Please keep the ETH/BTC chart updated if you have time!