As we analyze the Ethereum dominance chart we see an ascending channel of support holding the price up since the last move down. We also see a strong level of resistance indicated by the black horizontal line at the 13% level, a weekly close above this level "could" trigger an ETH dominance rally resulting in a dramatic price increase for Ethereum and an overall...
2/11/2020 #Ethereum Dominance (ETH) forecast on the daily
Hello? Dear traders, nice to meet you. "Like" is a huge force for me. By "following" you can always get new information quickly. Thank you for always supporting me. -------------------------------------------------- ----- We have to see if we can get support and climb at 371.0. If it falls from 371.0, it is a short-term stop loss. In order to turn the trend,...
Hello? Dear traders, nice to meet you. "Like" is a huge force for me. By "following" you can always get new information quickly. Thank you for always supporting me. -------------------------------------------------- ----- It fell below the short-term downtrend line (8). You need to see if you can get support and rise at the uptrend line (4). It is possible to...
Hello? Dear traders, nice to meet you. "Like" is a huge force for me. By "following" you can always get new information quickly. Thank you for always supporting me. -------------------------------------------------- ----- It has touched the 371.0 point and is falling. You need to see if you can get support at the downtrend line (7) and the uptrend line...
The 23% retracement is being back tested currently. Looking for a bounce off that level for a long to the next level. Should stay in a range for awhile. Long term targets 78% retracement.
Hello? Dear traders, nice to meet you. "Like" is a huge force for me. By "following" you can always get new information quickly. Thank you for always supporting me. -------------------------------------------------- ----- We need to see if it can move up by breaking the uptrend line (5). If it falls, we need to see if we can get support at 350.63. You'll have...
Hello? Dear traders, nice to meet you. "Like" is a huge force for me. By "following" you can always get new information quickly. Thank you for always supporting me. -------------------------------------------------- ----- (1D full period chart) Breaking above the 9.30 point formed an upward trend. And, by breaking through the 10.99 point, we reached a bullish...
Team Sparkster doesn't usually visit the 15-minute time-frame. SparksterSignals don't normally achieve high expected ROI due to the random-walk volatility at that granularity. However... the market is at a major cross-road to decide if the 2018/2020 bear trend is truly over... or if the market is still weak as short traders take advantage of FUD and push prices...
A dump idea for BTC down to spiral trend of the 100 - 95% move A breakdown of the Broadening Wedge that has formed Ethereum dominance looks very bullish , i dont know what else to say Another scenario for bitcoin dominance linked, a less grim one.
Looks very bullish Symmetrical triangle and a falling wedge both bullish patterns
I’m very bullish on ETH coin long term. But ETH dominance looks set for a slide here in the near future to a range of 5-7% if this pattern holds true. A lot of bullish news will be incoming for ETH this year but initially it could lag behind smaller alt coins on gaining market share. I believe ETH to be the best coin to own long term but in the shorter time frame...
Either now or on the pull back, one way or other.. Long. Caveat if BTC rips through major 10.5K resistance. Seems likely BTC either stays supressed or is just able to follow alts. Halving narrative over. Staking narrative has been taking over, and will probably continue.
06/05/2020 #ETH Dominance forecast for the coming period! Almost ready for launch!
Aside from BTC, looks like ETH is back as the benchmark for alts. Especially for "smart" chains. Daresay also for permissioned blockchains. Blockchains still infant. There is a lot of competition out there. Looking ]for those killer apps. Wild west. Show me the use cases !
UPDATE: 29/02/2020 #ETHDominance forecast for the coming period!
This is what the Ether dominance looks like by now. It escaped out of the falling wedge (which worked perfectly) and should recover heavily vs. Bitcoin. Happy trading!