If you are a hodlr for ETH like me, I'm buying more at $3800 and below. My Ethereum targets are $5,300 / $5,900 / $8,900 / $12,000 / $14,000. I've built nice longs on Eth and I'm not planning to short, unless I see a large correction flip on the Daily chart forming...and we are nowhere near that. I added more to my longs. I will continue to add if it corrects to $3,700. A small pushback near $4000 is highly likely, and where I will increase my positions on that bounce. On my contracts I will start shaving profits at $4,800. I shaved some off at $4,200 and built positions into Alts.
Total market cap-not including BTC-has broken out! Strong signal for ETH. The BTC dominance is pushing a little higher so we should see BTC push in price, or test close to its high, so keep a eye on that. If dominance breaks out, BTC will continue on a RUN and ETH will steady move or sit sideways if that scenario plays out. Otherwise, dominance pulls back and ETH will start to rocket.
ALT COINS
The total market cap for ALTs (not including ETH or BTC) is getting close to break out in the next few days. So, prepare with your favorite coins. I currently have been building and trading these from positions of strength.
Momentum / pattern / price action is screaming "Buy!" A pullback from here to $180 could happen, before selling targets $287 / $386 / $453 / $553
(if you don't know, LTC is still the cheapest, readily available coin to transfer/send/withdraw as far as fees)
Should release more Vault specials pushing it's price. It hasn't broken out and still stagnant. Selling targets $56,800 / $74,000 /$92,600 / $147,900 / $233,900
Like MKR-is going to PUSH-about to break out. Also in line with its NYC NFT auction in Times Square coming. Selling targets $803 / $406 / $607 / $1,000 / $1,500
Momentum is pushing ADA up slowly as usual...and in December we could see some news-based on rumors. Selling targets $4.70 /$7.43
Is confirming a momentum and pattern breakout. My selling targets are approx. - $3,000 / $3,600 / $4900 / $5900 / $9,800 / $15,600
Below is the chart and momentum, price action, all signals apply to BUY FIL. Great Alt to Long on Phemex-use low leverage. A pullback as far as $54-$56 is possible, but is close to pattern breakout as well. We should see it break a new all-time high. My selling targets are $93 / $115 / $167 / $257.
Below are my referral links:
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PHEMEX (Favorite for small scale spot buying and alt coin derivative contract platform)
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