Ethereum ETH Jan 29 Technical Analysis - Update

alt

$1,100 MUST HOLD. Trend line support must hold. If BTC corrects further and $1,100 does not hold, I will consider taking profit.

I will consider taking some or all profit if we fall below $1,080.

This is the critical time for Ethereum. We are currently on subwave 4 correction, where it will test the trend line support near $1,1100 and must hold to remain bullish to NOT consider an impulse failure.

Always be cautious, take high probability trades, plan entries and exits, stick to high reward low risk R:R setups. Good luck traders

Please consider these videos:

Lesson 1 - Bitfinex Tutorial - How to Customize and Set Up Bitfinex
Lesson 2 - How to Analyze Candlesticks Charts with Strategy
Lesson 3 - Moving Averages
Lesson 4 - Relative Strength Index RSI with Advanced Strategy
Lesson 5 - MACD and Histogram
Lesson 6 - Margin Trading Long, Short, Leveraging
Lesson 7 - Basic Risk Management
Lesson 8 - Fibonacci Retracement Part 1
Lesson 9 - Fibonacci Extension Part 2
Lesson 10 - Laddering
Lesson 11 - How To Interpret Time Frames
Lesson 12 - Swing Trading Advanced 55 EMA Strategy
Lesson 13 - Introduction To Elliot Wave Theory
Lesson 14 - Using a Basic Excel Tracker for Risk Management
Lesson 15 - Tutorial Part 15 Automatic Stop Sell/Buy Executions

Twitter - https://twitter.com/PhilakoneCrypto
Youtube - https://www.youtube.com/user/philakone1

If you enjoyed this video, please like, subscribe, follow, share, upvote, or donate to Luna!

Luna's personal bitfinex account:

BTC address: 1PruhmsYXU2gPkNw574xZSMyBG4YW5Wnq9
Ethereum: 0x2538b728f9682fc1dc2e7db8129730f661753850
LTC: LPeaZpGiF3XdCw5XPN7LXztDagTEZAMgYd
Bitcoin Cash: 1AY2FPANCe5URB71Nvy6tkCgoTS8iHgmZD

The ultimate goal is to help the crypto community because I think there's a lack of these type of videos. I want to share everything I've learned because knowledge is only power if passed on. These are educational videos intended to teach how to think through thought-out rationalization.

DISCLAIMER:

Legal stuff here. I'm not financial advisor. This is just my opinion that I'm sharing with the community. All information is for yours to process how you wish.

Ethereum ETH Jan 29 Technical Analysis - Update - Criteria MUST BE MET to hit $1,750

$1,100 MUST HOLD. Trend line support must hold. If BTC corrects further and $1,100 does not hold, I will consider taking profit.

I will consider taking some or all profit if we fall below $1,080. This is the critical time for Ethereum. We are currently on subwave 4 correction, where it will test the trend line support near $1,1100 and must hold to remain bullish to NOT consider an impulse failure.

Always be cautious, take high probability trades, plan entries and exits, stick to high reward low risk R:R setups. Good luck traders

I will consider taking some or all profit if we fall below $1,080.

This is the critical time for Ethereum. We are currently on subwave 4 correction, where it will test the trend line support near $1,1100 and must hold to remain bullish to NOT consider an impulse failure.