etc has many good things working in its favor including the geometry. this is my play book for near term. the blue dash line is the equivalent distance of green ab line. short term resistance at .00250 and then upward of .004, with minor pullbacks
4hr chart indicating a trend reversal could become more evident as the price slips further under the 50sma. As always trade smart & use sl's & tp's to ensure risk is managed properly.
Daily Chart lining up for a possible reversal as altcoins gain more and more momemtum with bitcoin staggering around $1,000. Expecting a move very soon to provide more insight on the future direction of the trend. Watching for a break above .05 - .08. Watch those fibonacci levels since the market loves to hit those magic levels.
Watching for a wave continuation higher. This has yet to see any of the action from recent Ethereum volume. Reminds me of XRPXBT @ .00000450 coinmarketcap.com
Watching for a massive for after this insane move. It looks way overextended, $2.20's look like a good reversal area. Managing risk with a SL & TP in logical areas. Hope everyone finds use to this idea, I swear I can already see the pull back down below 1.69
There is a high chance that a dip is underway and should put us around 102 - 103 levels. We shall be buyers there. Good luck trading!
ETC is much better than ETH. Immutable blockchain. China backs it up over ETH. More good news incoming. Stop loss is the cloud.
Hello there, the channel is unusally long. It should have broken up by now. I think it will break down tho. There is a triangle here, a small one, which should break down. That takes us to lower part of channel, and i think it will just break down from there.
This trend will go up till it reaches the 0.00559 or more... Thru the symmetrical triangle the breakout is going to up trend.
Input Support: 0.00233 Stop Loss: 0.00186 Resistance - new maximum: 0.00637
Fundamentally long Ethereum (ETH).