Ethereum/Bitcoin pair, fifth impulse wave terminated well below the target in the channel exhibiting a lot of weakness, at least one more wave down likely to bottom of channel and support, good short opportunity to .024-.02 btc
We are doing Analysis of ETHBTC on Weekly Timeframe . I have Mention Support and resistance levels on Chart Note: This is only for Educational Purpose this is not an Investment advice. Please support the setup with your likes, comments and by following on Trading View. Thanks Adil Khan
Etherium is reaching key resistance level marked within the red block, R/R is real good for a short opportunity once etherium trades within the bearish orderblock
The market cycle which started in the late March- early April with accumulation, is now approaching it's end with the final markdown phase. Possible reversal may occur here. A new cycle can start here with a new accumulation phase with a plenty of upside potential. On the downside, if it continues to fall then i see a support somewhere around 0.0498. If it...
I believe that it is possible to beat the market through a consistent and unemotional approach. This is primarily achieved through preparing instead of reacting. Click here to get my complete trading strategy and click here to learn more about how I use the indicators below! Previous analysis/position: Have been thinking/tweeting about shorting it Patterns:...
Major Trend-line broke Two swing trade probabilities 1)Short from 0.07000-0.071 2)Long from 0.06300-0.06000
Step back for a second. Look at the bigger picture. We are sitting on a key support level with longstanding bull divergences in a number of key indicators and some pretty big hints about what the bigger players have in mind if you start looking through various Bitfinex longs and shorts. These days, I think people ought to strongly consider pairing their BTC...
ETHBTC is showing negative divergence on daily timeframe. if we close below 0.06848, which is major vbp support on the daily, we're facing to fall through a big vbp gap. next stop below is at 0.0525
Major Trend-line broke Two swing trade probabilities 1)Short from 0.07000-0.071 2)Long from 0.06300-0.06000 Note:This is not a financial advice.Its for Educational purposes
Ethereum is one of the coins which tend to go the opposite direction of Bitcoin so as I was expecting BTC to breakout soon and I decided to checkout and what I see is a movement down , RSI overbought bearish signal, Elliot Wave Oscillator looking to make one more small red wave before ETH goes green so a downward movement is anticipated.. So my advice to my ETH...
Ill keep it short. Pun intended. I would buy at 57706, sell 64 or 48262 and hold long It looks like there will be other buy points, such as 64500, But i would wait. 577 seems too good and on a huge drop 48-51 seems perfect
ETHBTC Daily Chart I think, it'll try the bottom support line (blue line) again. If the support breaks down it may fall to red support If break up the trend line, it move to a new hill ***This information is not a recommendation to buy or sell. It is to be used for educational purposes only.*** I'm sorry for the impaired expression..Just watch the chart, not...
Hello guys, been a while since I posted a chart or an idea. But I think Ethereum is setting up to be in a beautiful, beautiful, beautiful short position right now. I spotted many indicator divergences on the Daily about 3/4 days ago but decided to wait to I actually got more confirmation. Here it is today. Right now what I've done is mapped this out to Wyckoff...
ETH/USD (Ethereum token) Semi log scale, 360 minute chart, 05/16/18, 6:07 PM EST, by Michael Mansfield Hi trader friends! ETH lower first? BOTTOM LINE: Ethereum is likely in the middle of its final leg lower to complete an ABC Elliott Wave double zigzag correction. However, there is the potential of a breakout up at the "area 1 black horizontal line" off recent...