On the 5th Day of ETHmas...a Pulllback to the H4 Demand Zone!ON THE 5TH DAY OF ETHMAS, MY TRUE LOVE GAVE TO ME....A PULLBACK TO THE H4 DEMAND ZONE....
OK, so our ETH trading plan is playing out as expected. Please see my previous posts from the first part of November until now to see how we got here. Since the last post, we have pushed up to our first TP Target and moved all the way up to the Daily Zone. This is a Daily Supply Zone, so it is expected to show some resistance.
Where are we now:
At this point, the market is struggling between the H4 BOS UP and Return to the Source that signaled its time to buy again...and this Daily Supply Zone that is saying..."Not so fast...you have to get past ME first".
Why This Matters:
A Daily Supply Zone is still stacked with sellers waiting to push the price back down. So, it will take some strength from this H4 momentum to break past the Daily Zone. It almost never does this the first time, and is extremely rare to do it without building a solid floor on the way up. All we are seeing right now is ETH pulling back to the H4 Demand Zone. We had several strong H4 bull candles up, and there was not a Demand Zone in place until this one around 2975 -3025. The market HAS to pull back to these type of zones for the strength to continue.
What to Expect from here:
At or inside of this H4 Demand Zone, we need to see confirmation that the buyers are really ready to push this back up. We need to watch the 15 min time frame and look for a 15 Min BOS UP outside of this H4 Demand Zone, Plus a strong retest and bullish rejection out of the zone. The 15 min will show us this first. Ideally, we also want to see an H4 Candle close back up above this zone and retest as well. With that signal, we are back to the bullish trend and headed for the H4 Supply Source as shown before...(3450 - 3560).
Now, the Daily Supply Zone that threw this down to start with will STILL NEED TO BE TESTED AGAIN, so expect more resistance if we push back up to it (3108 - 3215). We need to break through the bottom level first and then retest the top (this recent high of ~3215).
A rejection again at this Daily Supply Zone is going to lead to all future Christmas gifts being cancelled. OR a break of this H4 Demand Zone were in now will lead to the same. This is a MUST HOLD area for the bulls now! If this zone fails...."Nobody's Gettin' Nuttin for ETHmas!"
Ethbullrun
I'm Dreaming of a White (Bullish) ETHmas!!!!OK, so December is here and ETH has been playing out perfectly. These sharp moves up and down have been all part of the market moving the way the market moves! As we've said before....forget about the talks of Tariffs, Shutdowns, Microstrategy delistings, etc. This market is moving according to solid market structure that we follow and teach. Please see our last Postings on ETH throughout November to see how we've projected these moves almost to a T.
Where are we now?:
At the last post, ETH had made an H4 Break of Structure (BOS) Up, signaling that we were finally seeing either an end, or at least a significant slow down to this bleeding. As expected, this H4 BOS up was going to drive the price back down once more to the H4 BOS Source (~2650 - 2750) for a strong buy. The market fell exactly to this range, and we saw an immediate bullish response back up. This bull push has led us back up to the top of the H4 Supply Zone for a retest.
What to look for next?:
Now that we are back to this H4 Supply Zone, many may be expecting another hard slap from the Bears, BUT, the market has already tipped its hand by giving us that initial BOS Up. We returned to the Source of that break for strength, so there is VERY LITTLE chance that this H4 Zone will hold the price anymore. In fact, the next target is the H1 Supply Source (3155 - 3220), which is an internal structure zone that still will not stop the price. The market is headed for the H4 Supply Source (3450 - 3560) for the 1st Real and Significant test of whether the Bull Run has resumed. A Strong test of this area is the determining factor. If we get a break above and retest of this zone, there is literally nothing to stop ETH from returning to the Daily Support - Now Turned Resistance Zone of 4,000 - 4,100.
So, Will there be a White Christmas for ETH?:
The H4 is pretty much driving the action right now, so any trades should be focused on that time frame until we hit the higher Daily Zone mentioned above. Expect the price of ETH to keep climbing through December, at least up to these zones. It could take a few days or even weeks to make this progress up, but the market has already signaled that it is coming.
Shorter trades opportunities should be abundant on the 15 min as the market makes its way up. Look for 15 Min Demand Zones and wait for the pullbacks to those zones to join the trend.
ETH - Future Projection SeriesIf you’ve read any of my previous “Future Projection” posts, skip down to the conclusion as these paragraphs are the same.
During the downturns in the market I spent time learning more about utilizing the charting functions in TradingView. I also watch a lot of youtube vids about crypto and charting concepts. I came across a good chunk of info on using the “log” function and what it could possible show me.
At this point in the crypto cycle, even though I feel we are nearing a parabolic stage, it is beyond the point to expect 50X or more from me or any basic Joe who “dabbles” in crypto investing. Think long term. What can I realistically (if that even exists in Crypto) expect a coin to perform in the next bull run. Well the log function gives me a level playing field to do just that.
Using the log function, I utilize a common start date as the beginning of my parallel channel. That date is the big drop Mar/20. The parallel channel runs from the bottom of the Mar/20 drop forward in time along the bottom dips. The top of the channel is the highpoint in the cycle.
The first future projection is created using the green trend lines, the first from the top of the cycle peak to the bottom, and another from that lowest point up forward in time to what I estimate as the timeframe for top cycle which approximates end of Q4, and my birthday Jan/7 so thats the future date for all graphs in this series.
The second future projection takes ratio’d growth into consideration. This is done using the blue trend line which starts at the first peak after the Mar/20 drop, using the top of arcs as the guidance. I carry this line forward to Jan/7.
Conclusion; At the time I drew this one the price was $4,700
First Projection $17,443
17,443 / 4,700 = 3.7 X
Second Projection $31,421
31,421 / 4,700 = 6.7 X
Now for a regular old fellow such as myself, a 3 to maybe 7 X on my money within the next few months is a good investment. It literally involves 2 trades. Timing is not a great big deal as long as you get in near 4,700 otherwise the X factors changes a lot. Timing to get out is the top of the curve. This is a day time factor. It’ll be “at the top” for days or a week. You’re not chasing a pump or a knife here, its a month(s) trade. Or a parabolic week so watch close.
My thoughts, not advice Oklah. Cheers
ETH Validation Before EPIC Run!! (ETH Update)My Fellow Crypto Traders,
Appreciate you taking the time to view my analysis which I hope you may find beneficial. Please be sure to “LIKE” if you indeed find my analysis useful and/or find my analysis intriguing.
Cheers & Happy Trading!
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ANALYSIS:
ETH may be running out of steam after hitting ATH's on some exchanges. However, ETH could be ready to put it into overdrive as it is developing a bullish flag pattern on lower time frames. Therefore, we can see ETH dip slightly more before in the short term before making the big move. Especially when the DXY seems to be hitting the downside. Moreover, even though history does not predict the future of price action, post-inauguration tends to have the markets very bullish.
ETH: 2.0 The Catalyst for Bullish FeverMy Fellow Crypto Traders,
Appreciate you taking the time to view my analysis in which I hope you may find it beneficial. Please be sure to “LIKE” if you indeed find my analysis useful and/or find my analysis intriguing.
Cheers & Happy Trading!
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ANALYSIS:
ETH has crossed a major negative sloping resistance, which origin point is located @ $488.26 (09/ 01 /20). With ETH making this type of move post-election, could be one of those premature, tall tell signs that a bullish narrative is nearing. However, it appears we may have a 9EMA Cross do the downside, which means this would be a great entry buy for ETH, as we should expect ETH to make higher highs post ETH 2.0 launch date release. Therefore, if ETH takes a dip, BUY BUY BUY!!! It is very unlikely we see ETH this low within its lifetime.
ETH/BTC, changement de polarité? Salut à tous, voici le graphique représentant le cour d'Ethereum face au Bitcoin en données journalières.
Sur ce graphique de la paire majeur en crypto si je peux l’appelée de la sorte, j'ai tracé en mode aimant les points bas de fin 2018 (mèche et cloture hebdomadaire) qui avais fait support après 75% de chute.
Le marché a bien une mémoire, comme on le voix sous les triangles blanc.
L'indicateur ichimoku nous montre une kijun mensuelle sur laquelle le prix évolue actuellement. Début septembre le prix a tenté, le rejet a été violent -23%/4jours.
Début d'un bull run d'Ethereum prochainement?






