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Topic: ETH - Next Support at $150, expecting $520 after a reversal - page 2. (Read 2060 times)

legendary
Activity: 3808
Merit: 1723
Technical analysis isn't that reliable but its actually more reliable then anything else out there unless you got some "insider trading" info.

Nobody these days really trades on fundamentals.

$150 could be support, but you need confirmation first before going long. It will need a large reversal first.

I think the $100 phys will most likely get tested and the $100 area looks like a demand area.

sr. member
Activity: 658
Merit: 251
VIMee - Social Network
i think today 140$   .  No ground to see  Angry

Still, many big expectation on ETH because by the end of 2019 ETH may reach to 1000$. These is best time to buy ETH, because many new people entering into ETH market.
sr. member
Activity: 518
Merit: 258
i think today 140$   .  No ground to see  Angry
newbie
Activity: 42
Merit: 0
when ETH reached it's ATH last month it faced with the scaling problem. Unless the problem is resolved I won't think it can have new ATH.
member
Activity: 112
Merit: 10
Target Coin- World's first Bonus paying cryptofund
Fibonacci 0.786 and many other 'signals' are useless in crypto trading.
You are working with/against humans. Not Fibonacci's. Everybody is now on panic on BTC price decline. And most of them never heard of Fibonacci. Fear is the biggest signal and factor you should conciser.
Technical analysis has its place but I think some people think that a magic formula will be found someday that can predict the markets and that is not going to be the case, right now most of the market has only one way to go and that is down if we take into consideration all the factors currently affecting the market.
Of course technical analysis works. However, the profitable indicators are regularly adjusted and recreated by the nerdiest of nerds and not just found online or in the free toolboxes provided by trading websites.
Large scale industry players are well aware of these indicators and accommodate for all of them in their analysis.

Since I don't know how involved TargetCoin is I can not comment on their signals, but generally speaking they could be the real deal.

I would never follow any calls without doing my own due diligence though, so good luck to all of the gamblers who follow anybody who uses important looking words.

Yes, I agree with you that technicals keep changing and there is no magical formula. They have evolved over a period of time.

Yes, having your plan and following it ideal as you can not make big money following someone else's advice a couple of times.

Target Coin founders have been trading since 6 years and have managed a $25Mn hedge fund before.

member
Activity: 229
Merit: 10
Fibonacci 0.786 and many other 'signals' are useless in crypto trading.
You are working with/against humans. Not Fibonacci's. Everybody is now on panic on BTC price decline. And most of them never heard of Fibonacci. Fear is the biggest signal and factor you should conciser.
Technical analysis has its place but I think some people think that a magic formula will be found someday that can predict the markets and that is not going to be the case, right now most of the market has only one way to go and that is down if we take into consideration all the factors currently affecting the market.
Of course technical analysis works. However, the profitable indicators are regularly adjusted and recreated by the nerdiest of nerds and not just found online or in the free toolboxes provided by trading websites.
Large scale industry players are well aware of these indicators and accommodate for all of them in their analysis.

Since I don't know how involved TargetCoin is I can not comment on their signals, but generally speaking they could be the real deal.

I would never follow any calls without doing my own due diligence though, so good luck to all of the gamblers who follow anybody who uses important looking words.
sr. member
Activity: 840
Merit: 254
Fibonacci 0.786 and many other 'signals' are useless in crypto trading.
You are working with/against humans. Not Fibonacci's. Everybody is now on panic on BTC price decline. And most of them never heard of Fibonacci. Fear is the biggest signal and factor you should conciser.
Technical analysis has its place but I think some people think that a magic formula will be found someday that can predict the markets and that is not going to be the case, right now most of the market has only one way to go and that is down if we take into consideration all the factors currently affecting the market.
sr. member
Activity: 1078
Merit: 256
Fibonacci 0.786 and many other 'signals' are useless in crypto trading.
You are working with/against humans. Not Fibonacci's. Everybody is now on panic on BTC price decline. And most of them never heard of Fibonacci. Fear is the biggest signal and factor you should conciser.

That is what makes technical indicators work. This is nothing but a big correction. And btw, we called this shorts long ago for the same technicals because they reflect human psychology.

Thank you for sharing you call here. If I'm not mistaken you have a current signature right? I may have miss your first prediction on ETH, but I will follow your telegram to see how your prediction fit. I have profited good from ETH and sold everything. But I'm thinking of getting again in the bandwagon, and if your prediction is correct, we will surely get a huge payday again.
full member
Activity: 266
Merit: 103
You're going to be really disappointed. Any reason you think Eth is worth more than 10x what it cost 3 months ago?
member
Activity: 112
Merit: 10
Target Coin- World's first Bonus paying cryptofund
Fibonacci 0.786 and many other 'signals' are useless in crypto trading.
You are working with/against humans. Not Fibonacci's. Everybody is now on panic on BTC price decline. And most of them never heard of Fibonacci. Fear is the biggest signal and factor you should conciser.

That is what makes technical indicators work. This is nothing but a big correction. And btw, we called this shorts long ago for the same technicals because they reflect human psychology.
legendary
Activity: 1316
Merit: 1004
FRX: Ferocious Alpha
Fibonacci 0.786 and many other 'signals' are useless in crypto trading.
You are working with/against humans. Not Fibonacci's. Everybody is now on panic on BTC price decline. And most of them never heard of Fibonacci. Fear is the biggest signal and factor you should conciser.
legendary
Activity: 1050
Merit: 1003
@OP, What are your thoughts on Golem? Can its value increase to 3-4$ after release of Brass?
member
Activity: 112
Merit: 10
Target Coin- World's first Bonus paying cryptofund
Saw your calls on Telegram. Can you explain how you made those calls and your analysis?

Hi, 97 was the previous high. It made a move from $97 to $220 and from $220 to $420.

$150 is the Fibonacci 0.786 retracement level of the entire move and also a support on 4H chart. There are good chances of it Turning at $150.

legendary
Activity: 868
Merit: 1000
Saw your calls on Telegram. Can you explain how you made those calls and your analysis?
i just googled about the team members of Target coin and seems they have good hands on crypto trading, Akshath Naik who is the Founder used to have some trading Expert Forum as per google.
I saw his twitter handler and it seems full of analysis. he is somewhat a chart Guy.

His linkedIn:  https://www.linkedin.com/in/akshath-naik-8936276a/?ppe=1
sr. member
Activity: 378
Merit: 250
www.tgtcoins.com/ico
Saw your calls on Telegram. Can you explain how you made those calls and your analysis?
member
Activity: 112
Merit: 10
Target Coin- World's first Bonus paying cryptofund
Ethereum is going down to $150 technically. $150 is also a Fibonacci 0.786 retracement of the move from 99 to $420.

Looking for it to go to $520-540 on a reversal, which is an extended fibonacci target.

We called the Ethereum shorts when it was at $320 and $270 on our Twitter

Target Coin is a tokenised long-short fund making money on both price rise and price fall. Join the ICO
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