Ether Took the Setup

in ether •  8 years ago  (edited)

Now that Ether has broken out, I wanted to post an update. Unfortunately, I'm coming on late after a long day. This moved fast. I hope some of you caught it. But if too late, Ether Classic had the same setup and also appears to be broken out yet a bit behind in time. Since my last post on Ether, it put in a lower C wave so my targets adjusted. Here is the updated chart and I have a target of $122-128 And, again, I expect this to be an important top for some time until something else shows.

Here is the original post: https://steemit.com/ether/@wildtrader/yo-ether-when-ya-gonna-bust-usd100

Here is the updated chart:

A reference on how I trade: https://steemit.com/cryptocurrency/@wildtrader/how-i-trade-cryptos-using-elliot-wave-theory
Disclaimer:
Trading crytpos is like swimming with sharks. These are unregulated markets. While I'm providing some analysis, the risk is all yours. You can get hacked, raided, and scalped. These markets can be thin and predators lurk. Do not put any money in cryptos than you can afford to lose. Always use two factor authentication on your accounts. And, regularly take profits out and trade something else

ETH: 0x214100463968649031A9D6E6A6C5B9aDdE540e29
BTC: 14Y4V2hFUKzQZe3rVJ8cTphv583FiRvgqS

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Dr. Wild do you think ETH top last night on that wave 3 @ $118.37?

No, it looks to me like we need a larger wave 4-5 and it will extend slightly over my target.

Thank you, Dr. Wild. Have a great day :)

Yes late for investment at this stage. By the way are you paying attention to XEM these days? I'm interested to know your analytics about which stage it is in and how would be the next wave (if any)

I am. I have been posting the wave pattern for XEM on Elliot Wave Trader and have a long term target of .00039 BTC (not typo). I haven't posted on Steem it. It's a nice one. I've been meaning to post here. Just busy. Tomorrow I leave for South Korea. So, posts will slow down, but I'll try to post that chart. But I don't have a good handle on the subwaves. I'm looking for a deeper correction I can landmark.

I see, that make sense since they already have great fundamentals. Are you posting on another website as well? A link would be appreciated.

I'm a member of Elliot Wave Trader. It's $99 a month. It's where I learned to trade much better. But it's an equity site and not all members are crypto friendly. So, I'm migrating over here and a bunch of the crypto crew came over with me. I'm still over there as a futures and options trader, just winding down my crypto posts.