ETHEREUM HOW TO TRADE current $307.23 31 Oct17 https://www.cryptotradingmastery.com/

Cryptotrading Mastery with Sean Vengan Cryptocurrency Trading

Ethereum How To Trade 2017-10-31_13-08-53.png

One week ago (24 Oct17), I provided you, using my Technical Analysis skills, an area where I identified Fibonacci Support around $260-$265. However, I deliberately did not place a trade as I wanted the Market to PROVE itself to me. PATIENCE is critical in trading, in order to objectively evaluate your Risk.

ETHEREUM FIB SUPPORT & RESISTANCE LEVELS current 282.56 24Oct17

Well, the Market has cooperated and I am now satisfied that this area is good Support and we are now seeing bullish signs. As a result, I am now ready to place my trade.

I have given you 3 Targets:
T1 $395 R:R 2:1
T2 $440 R:R 3.07:1
T3 $505 R:R 4.08:1

A critical resistance level , that needs to be broken is $350-$355, in order for this trade to fulfil our 3 target levels, and as you know, I have shown you Support around $260-$265, to give you a balanced perspective.

Now, I do have higher targets in Ethereum , based on my publicly posted BIgger Picture Analysis, one month ago on 22Oct 17, but we will for now just look at this daily chart:
ETHEREUM LONG THE GIANT SLEEPS current $299.989 22Oct17

You now have all the information you need to acquire a Long position in Ethereum and potentially make money $$$.

Hope that helps...

Author: Sean Vengan, 10+ Years Professional Trader and Trading Educator

Website: https://www.cryptotradingmastery.com/
YouTube: https://www.youtube.com/channel/UClQ0zzuvWrrhLqdxOvQ4vTQ
Forum: http://cryptotradingforum.com
Trading View: https://www.tradingview.com/u/SEAN_VENGAN/
Google+: https://plus.google.com/u/0/collection/sgpkIE
Facebook: https://www.facebook.com/CryptotradingMastery/
Twitter: https://twitter.com/cryptoNo1trader
Pinterest: https://www.pinterest.com/cryptotradingmastery/pins/
Stocktwits: http://stocktwits.com/SeanVengan

Coin Marketplace

STEEM 0.12
TRX 0.34
JST 0.032
BTC 111776.30
ETH 4114.74
USDT 1.00
SBD 0.78