Ethereum to $2.80 / Bitcoin to $280 in March-May 2019 Scenario

COINBASE:BTCUSD   Bitcoin / U.S. Dollar
ETH/USD and BTC/USD are currently inside similar channels on the 1 day chart, almost freefalling down the channel at times.

The edges of the channel have been prime shorting zones for approximately the past 6 months, the Fibonacci lines been good to take profits & reset the trade.

Ethereum could be back at the 10% of Bitcoin mark in this case.

If these parallel channels are not broken, we could see some really low lows and a period of accumulation (this could be the time to start getting in for long-term holds) and eventually start seeing higher highs on the way back up in the 2nd half of 2019.
Comment: My apologies - ETH 1%(not 10%) of BTC
Comment: We're still in the channel.
Comment: We are right at the edge of the ETH channel!

BTC Channel is close, too.
Comment: They touched and both have dropped down.
This breakout is going to be awesome if there is enough momentum behind it. Your channel lines are dead on and a break upwards of it will trigger a lot of bots, retail traders and will most likely give us enough momentum to push us to the top resistance. Great TA and you have our LIKE! - We're playing this with the Martin Trend Trader which has been cranking out the profits for us consistently. Best of luck :)
+1 Reply
stevenslicer TradeIndicators
@TradeIndicators, yes agree, there will be some great opportunities the other side of the channel.
Bakkt, Fidelty, NASDAQ, ETF (maybe?), block reward halving etc. Doesn't this stuff make you think you're wrong?
+1 Reply
stevenslicer DeusNovac
@DeusNovac, purely TA on the channel we have been inside, if we don't break it we'll get there, if we do break outside this - there will be some more great opportunities for trading too.
BTC – curious of the secret of profitable and safe trade in 6W?https://www.
BTCUSD H4 Correction up. Checkout the idea detail's and all the update's for the complete picture.
+1 Reply
stevenslicer BenCarson
@BenCarson, need to break the channel!
$17 for me. But imo it has to have a bounce to ~250 to kill current short positions and get fomo buyers. And then kill ego from there
+1 Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing TradingView Coins My Support Tickets Get Help Ideas Published Followers Following Private Messages Chat Sign Out