ETHEREUM (ETH): ABC Zig Zag Scenario

in dlive •  7 years ago  (edited)

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ETHEREUM is showing every subwave count that points to a Zig Zag correction.

My video is at DLive

YouTube Link:

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dtube didnt work for me and your youtube link is wrong hehe

  ·  7 years ago (edited)

Interesting perspective based on technical analysis. What is your take on ETH if we see a reversal in BTC? Currently still in a downtrend but reaching an apex shortly. Could be a very interesting week within the crypto space.

So it's mean we are going to moon.

looks more like the core of the earth for couple of weeks ;-)

Very interesting analysis. That's going to quite some correction if true. Is it worth thinking about converting a chunk back into fiat for the time being?

Or just buy more at the dip;)
Personally, I prefer to never sell. Of course, I see that a lot of times, selling would be the wisest move, but then again, you have to choose the right time to buy back in. With all the ICO's happening in 2018, Ethereum is in constant demand, so even though there might be a correction, I'm sure the growth will be positive in the long run, regardless.
Cheers.

You make a good point regarding the demand on Ethereum from the countless ICO's. I'm fairly new to the trading game so just looking for advice on how to play a possible correction. My holdings are relatively low anyway so for ease I'll probably just hold on, and like you say maybe increase my ETH if it dips. Thanks

Is this not the Cup and Handle ?
https://www.coinigy.com/s/i/5a6f3f60c97ef/

It could have a higher high. But not really Cup & Handle.

Even by his count it has some room to grow. Others are projecting that the correction is over. As with anything in this current market, I would set stops and see where it goes.

yup!

That needs to be a set ade decision. Having cash is very helpful during times of corrections. But he’s tine to raise cash is during the upswings.

Just fyi: there's a typo in the title. Otherwise looks possible.

Wow, I actually had to read the title three times before noticing it. I guess once you have read a word enough times, you just have to read the first letters and the length of the word to instantly recognize it.

Oh thanx for the tip i will make some funds free to buy the dip. I have already got some converted into fiat waiting to buy something good.

Very good analysis...

Please upload video on Youtube

Thanks again for your interesting updates, keeps following you

HODL ether

Can ETH really go that far down? Is this paired to BTC? In this situations when there’s another crash around the corner I always thought I could just move everything to ETH and rebuy when it’s all down, but now I’m in doubt! What would you guys do?

Hey, I'm giving away up to 1 LTC ...
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  ·  7 years ago Reveal Comment

Good wave drawing

Always see more interesting analysis from my dear friend its been a great move with you we are learning more and more

nice alternative view from the bullish charts

1450 Followed by 700? That's quite a massive drop. If this is true Everyone needs to hop on Ether at that massive dip

I took this as a trade hoping the correction was over. Either way I will manage the position to ensure a gain. Broke the rule I set for myself with this one (wait for BTC correction to confirm end before trading alts). Though at this point it is already no-lose, will just watch that much closer now, to maximize gains.

I tend to think that ETH is in the makings to takeover from BTC. The change will eventually happen and I think a lot of BTC-hodlers are swapping to ETH

thank you

please behind my follow-up I just learned

wow here's hoping

Very interesting

looks good to me!

This makes sense. Love this haejin guy. He gets so much hate but i dont think he deserves it.

thank you !!!!!

  ·  7 years ago (edited)

Shouldn't B be significantly lower than start of A for it to be a Zig Zag?

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I agree that it will correct for a bit. I just bought alt coins while ETH was high, now wait til the dip to buy eth again, and do it all over again. #Thecycle

@haejin That's quite a big drop :-( I will probably buy more. Although I'm new in the crypto world, I'm finding myself drown to it :-) Love it !

이더리움!!!

very informative post. like it.

Interesting to see another TA perspective after watching Philakone's video earlier.

Great thoughts on ETH!

해진님 한국분인가요? 좋은 분석 감사합니다.

Do you think it will be adversely effected by the tether controversy?

Nice analaysis on USD/ETH. However I remember my mentor always tell me, history always repeat itself. In my mind, BTC had always the leading say in the the rest of the alt-coins directions as BTC have co-relationship with everyone alt-coins in all exchanges. (I work in FX swap desk b4 and when USD falls, it drags all the world currency in). Thats why I am an avid follower of your BTC analysis in your youtube and you give a good service in educating the communities. You give solid advise just like my mentor before as there are no 100 percent certain in predicting the price action in the market but analysis and historical pattern will dictate the higher possible outcome. Just to share my 2 cents worth with the community.
PS: I notice the USD/ETH is doing the same chart as BTC. Please see diagram.USDETH 30jan.PNGUSDBTC30JAN.PNG

Ether will hit 3k by the end of 2018 :b

Nice prediction.Hopefully it comes this way.
The youtube Link links to the upload channel, not your video.

I like

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Good analysis. I have buy orders juts below 1000 usd and a sell order on 1250. I hope to hit those points in the next ten days. Actually NEO and NEO gas seem to be on fire and have weathered the blood bath casused by the Korean's regulatory talk lately

great post, looking forward to next Eth update

Very good analysis. Shall we cash out ETH to fiat when the price reaches around 1450 USD?

more bs?