#ETH/USD The fractal repeats. Massive 300% + Potential Gains.

١٢ يناير ٢٠٢٠

I am really very happy with all your responses guys. Thank you so much for your support.
For the very first idea that i posted I got 840 views :) That's massive. I couldn't be more happy. Just posted 16 ideas and getting over 5k views!! That's massive, keep supporting and motivating me.
I'll keep posting my research and my own trades for FREE..

Let's come back to this chart.
This is a line chart and as you can see earlier when we hit the low around $80 in Dec 2018 we had an amazing rally of over 350%.
What happened before the rally?
50D MA: ETH started trading above 50D MA.
Trendline: It broke above the resistance trensline, retraced and went back all the way to $334.

This time we had our low around $116 in Dec 2019. Broke out of the resistance trendline.
Most importantly ETH is trading above 50D MA in daily.
It also had a bullish GOLDEN CROSSOVER in 3 hr chart.

What we can expect:
We can expect a downward rally to the $105 to $119 area if we do not break the $153 and $164 mark.

In case this idea gets invalidated I'll let you know.

#Peace