If the daily bar will close below the Support Zone we can open Sell trade.
The last highs are lower and lower. A huge accumulation above looks ended.
The potential profit will be 3 times bigger than the risk.
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I'm keeping this short and to the point, as its about planning, having a strategy.
a) Patience; Weekly chart, shows downward pressure still there, so we might drop some more moving forward.
b) The chart is the strategy to find the level on when to go from BTC to ETH;
c) This post does not factor in your strategy on Coins, eg. LINK, ADA, ....defi,...
Ethereum on steroids since PayPal will allow customers to hold bitcoin and other virtual coins in its online wallet and shop using cryptocurrencies at the 26 million merchants on its network (Oct 21).
The indicators are all bullish giving buy signals.
If you are interested to test some amazing BUY and SELL INDICATORS, which give the signal at the beginning of the...
Eth have some strong resistance between 390-400$
Once break which expected to happen soon
We can see 440$ in short term
You can see my previous idea on eth/usdt in long term here published in 10 October
We already bought it at 367 and waited for...
Reached ~.03 sats support as continuation from UCTS sell signal / H&S pattern
As BTC dominance keeps pushing up, Alts will bleed, so staying out of longs until I see some reversal
If this level is lost (falling below Ichi cloud), EMA200/ .028 sats level could be next
Hello Fellow Traders,
We can see here that on the 6H chart for Ethereum (ETH/USDT) that this coin has printed a bullish pattern for the short term. Prices are already moving up, fast. It has broken out, the retest is in, and bitcoin ( BTC /USDT) is moving up. It is only a matter of time before ETH follows right behind.
We have prices bouncing at all EMAs and a...
huge market cycle fractical? looks scary the same... and I know this is hopium but dang it would be nice. I'm largely invested in low cap alts in the security token sector, primed for a break out(huge accumulation) been holding against Eth for a long time. If this eth/btc chart plays out like 2017 (or even less than) and the alts do what I think they are going to...
DeFi Frenzy Overtakes Crypto Market
Positive price pressure on Bitcoin, and the crypto market as a whole, had been building for months since the COVID crash in March 2020.
All that was missing from kicking things over into an actual bull market was a narrative...
Well, it looks like crypto has found one at long last.
If you're new...
Ethereum as number 2 cap during " great depression on Bitcoin" (3200$/per Bitcoin) was worth 82$.
Upon Bitcoin rebound was among the first one uptrending and gaining most thefore uptrended 82-157$ (while Bitcoin was moving toward 4200$ and failed in "previous round").
In % terms that is nominal USD gain of 91% which is very impressive having on mind we talking...
Ethereum Broke out a bullish wedge and it seems that is forming a bull flag above a support zone. It would give us a good buy opportunity with low risk and great potential profit.
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The chart is simple and infront of you
Since last march drop we see ascending channel formation
As long as we are in this ascending parallel channel eth holders are safe
You can see every time we down to the bottom of channel... Strong buyers 💪💪 come to defend this channel structure
There are some resistance located between 370-410
Once break it...
💎Technical Analysis Summary💎
-ETH broke above the local resistance around 360s
-But the next key resistance around 390s remains strong
-If you are looking for Bullish entries
-ETH must break above 390 and pullback to flip new support
-If that plan plays out well, the upside target is the swing top at 480s
A big Thanks for donating 💰 via...
ETH moves in an upstream channel.
We tested the lower support line and a strong support level. Maybe we will test this level once more.
Medium-term goal: reach the middle line of the upward channel and resistance of the local downward correction channel.
This idea is based on the notion that the dominant pattern of ETHBTC since the 2017 All Time High, is a Cup. As you see on the chart, we should be past debating whether or not the market has made a bottom as the price not only broke above the 1W MA50 (the blue trend-line) but is also about to test the 1W MA200.
That brings us to the essence of this idea, as near...