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Ethereum (Cryptocurrency)

Flipping Bearish Isn't Easy In this video, I explain why I've become more bearish on the cryptocurrency market. I also talk a little about stocks, Microstrategy, and about bubble-like behavior. Of course, there is always the possibility that my bearish view will get invalidated. It took a lot for me to get here, so perhaps the market has just broken me :) It wasn't easy for me to become bearish, hence the title. I've been in the market for 4 years, so letting go does not come lightly for me. Perhaps this proves that the market will make EVERYONE truly question it at some point. On top of the technicals, I did write a post recently why I am fundamentally skeptical of cryptocurrencies in their PRESENT state. That post is linked below. These are my opinions and thoughts only - they are not meant as financial advice. Thank you for watching! -Victor Cobra
BITSTAMP:BTCUSDShort
by VictorCobra
22
ETHUSDTHello Crypto Lovers, Mars Signals team wishes you high profits. We are in the 4-hour time frame. Previously we said that the inverse head-and-shoulder pattern is being formed. There is the R1 resistance which the price hit, was rejected and now is coming down. You can set a Buy order at the area which we have shown on the chart. If it stabilizes above that line, it will go up to higher targets the first one of which is R1, if R1 is broken then R2, and if R2 is also broken then higher prices will be the target. However there is the possibility for the price to go down to the S1 line and then go up. In that case we can set a Buy order there too. If it goes below the S1 line then it will fall more but we do not predict that to be very probable. Our head-and-shoulder pattern stands on its own and the price can complete it in the coming weeks if the R1 and R2 lines are broken and if not then our scenario is failed. Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions. Wish you luck
Long
by MarsSignals
ETHUSDTHello Crypto Lovers, Mars Signals team wishes you high profits. We are in the daily time frame. You see that the price can create a nice head-and-shoulder pattern. The price is now between the R1 and S1 lines. It can go up to the R1 line and if the selling pressure is high, it will fall down to the S1 line. Or it can break the R1 line and after a little rise above the R1 line, make its pullback to complete the right shoulder of the pattern. If it is able to come out of the bear trap and go even higher, then the next target for the price will be R2. But we think that the price is creating the head-and-shoulder pattern and you had better save the profit at the two areas shown. Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions. Wish you luck
by MarsSignals
3
ETH Ethereum Technical Analysis & Trade IdeaTaking a look at #ethereum #ethusdt at the moment we just had a trade alert fire, as per the charts, we can see the break out. I'm waiting for the pull back down into the mean, and I'll be looking for a buy opportunity. Be aware this is trading into big resistance. Whether there's enough liquidity there too cause the re-trace or not remains to be seen. USD is fairly weak and I'm expecting the crypto market to take off pretty much. My entry level is as per the video. Not financial advice.
Long
by fxtraderanthony