Bull flag right below long term trend line Looks good Using linear instead of log
We are very close towards the main level of downward resistance that ethereum is trapped under. Around 250s - 260s price area. We also are aware of where bitcoin sits and how it has been rejected multiple times at its downward 10k resistance. We can use this sentiment to tell us what happens next. It is CRITICAL that ethereum breaks out here, if it does then...
ETH/BTC Has broken above the triangle formation it has been ranging in since January and this could point to a long term bull run for ETH. On the Daily chart, it retested the top of the triangle as support ( Horizontal 1 ). And we could see at least a test of the next resistance at Horizontal 2. A decent long trade setup is possible from here with an easy...
As you can see in the chart the at the all time high of 2017 Ethereum's price could buy us a full 10% of a bitcoin ( 0.1 BTC ) that is a lot better than the 0.02 BTC value of today. The next bull run will take Bitcoins price to target levels of $200k BTC so should Etherum repeat the feat of 2017 we could be looking at a $20k ETH. Now weather of not that going to...
Very much in Uptrend ..... 230 - 233 support zone.... 216 - 220 very strong support zone.... We can see 260 +++ very soon...
First target --> 0.0260 Second target --> 0.0275 Third target --> 0.0285
Bitcoin and Ethereum are the rulers of crypto universe lol, trade with caution though.
Similarities to previous take off point Bored sketch Labelled in (1) The bars pattern is of course highly speculative.
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🕵️ Vatalik's call for enhanced Ethereal privacy was met with Umbra, a way to mask recipient addresses on Ethereum. That is bullish. Speaking of which, looking at the chart, I wouldn't be surprised that Vatalik also called for some sick ETH gains. ETH has been showing constant strength since the COVID crash, so far our ETH calls have been solid, let's see if we...
So as mentioned in the linked previous idea post. It seems to be getting resistance now exactly at the upper part of the triangle so if it doesn't break soon expect a leg down to the bottom of the triangle for a possibly ideal long position.
ETH has been playing the triangle for a while now and just hit the upper trend line again. This would be a good place to take profit (red circle), although there is a chance it might push through, if we look at the RSI it does seem like it needs a little breather. If it does retrace, the bottom of the triangle would be a perfect long opportunity (green circle)...
Since we didnt have the momentum to wick the weekly level (yellow) it means we havent lost the resistance at 210usdt. Very likely we are coming back down to 210 for another boost up
This is a timeframe that probably most don't look at... Let's zoom out on ethereum and take a look at a 2 month timeframe. We are seeing heavy compression as the candles start to squeeze to try and shift green for the first time since the middle of 2018. Plus notice as the ema dots begin to fire green and align, positive signs. Larger timeframes like this can...
My paint skills speak for themself.
Broke out from a falling wedge looks good for a buy Multiple rising wedges have appeared pretty interesting, and the wedges appear to be layering themselves ONIONS HAVE LAYERS
Using history as a precedent: bear in mind that circa Q118 (when BTCUSD was at its ATH) of roughly 23$K est. USD; ETHUSD was at 1300. Meaning 10% of the price with 1/8th the market cap. Why is it when we retrace with a higher high at 10K we are looking at ETH at a staggering $150 est. on avg? Some of you might've heard about ETH 2.0; some maybe not. Why this...
This setup currently worries me. Could be good for alts! We have had a nice impulse of roughly 50% to the upside and now we have seem to of broken upward support as we start to shift towards the right under previous high. Candles are compressing for a lot of indecision under horizontal Resistance and the upward old support which is now acting as Resistance....