ETH showing us the elephant in the room
Atualizado
Hello traders and enthusiasts !
I am "The Real Johny Button", legendary trader from wall street and the Goldmans Sack here to express my opinion today ! Lets dive into the scenarios lining up for the entire market & ETH:
Well i called a H&S through my crystal ball last week, and its nice being right I must say !...but I cant claim this until it is actually done because we are only at the beginning of the possible move.
On the 4hr chart this is the 3rd wave on the MACD down, and than as I Zoom out to the 1day chart to get perspective it would be making our first big move to the very first FIB level.
This means not to much yet to crack open the champagne, but if or when, we drop bellow that level we will begin a proper down move that we can safely say will be lining up our next trades for the coming month once it is all complete.
I am aiming for the entire market cap to crash down into the 300b-400b area for a general correction, which will align all coins for their correction on last months run.
Now guys this will be our 3rd and last drop down in this area for the year i think. 3 is that magic number, and after 3 moves down or up in a consolidation we always have a decision on the board. Fortunately we are in a new, and growing market, and my money and everyone else is on it going up.
Lets watch, and wait.
note:
Everything moves in 3's. I apply this thought to my charts and MACD reading. I call Elliot wave 12345, 3 waves up because thats just how i see it. 3 is my magical number and has proven to be a nice way to be on a good path for me.
Regards,
Johny Button
I am "The Real Johny Button", legendary trader from wall street and the Goldmans Sack here to express my opinion today ! Lets dive into the scenarios lining up for the entire market & ETH:
Well i called a H&S through my crystal ball last week, and its nice being right I must say !...but I cant claim this until it is actually done because we are only at the beginning of the possible move.
On the 4hr chart this is the 3rd wave on the MACD down, and than as I Zoom out to the 1day chart to get perspective it would be making our first big move to the very first FIB level.
This means not to much yet to crack open the champagne, but if or when, we drop bellow that level we will begin a proper down move that we can safely say will be lining up our next trades for the coming month once it is all complete.
I am aiming for the entire market cap to crash down into the 300b-400b area for a general correction, which will align all coins for their correction on last months run.
Now guys this will be our 3rd and last drop down in this area for the year i think. 3 is that magic number, and after 3 moves down or up in a consolidation we always have a decision on the board. Fortunately we are in a new, and growing market, and my money and everyone else is on it going up.
Lets watch, and wait.
note:
Everything moves in 3's. I apply this thought to my charts and MACD reading. I call Elliot wave 12345, 3 waves up because thats just how i see it. 3 is my magical number and has proven to be a nice way to be on a good path for me.
Regards,
Johny Button
Nota
We have a break down! Still watching this play out. Market cap under 400b now....thats good news for this story so far
Aviso legal
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