Since trading in a large ascending triangle starting in early February this year, breaking out in mid May, we've seen a blow off top down into a descending triangle. Now it appears as though this could play out as a bull flag & negate the descending triangle... It's possible we see a rally, because Bitcoin is clearly trading in a bull flag or descending triangle...
My reasons for Holding Ethereum, setting up for a ichimoku cross inside the cloud, possibly could get very bullish above the psychological resistance of 200B Thanks! Where all my hodlers at?
ETHBTC divergence on 4hrs Waiting for pullback before speculate to any more long. Green triangle the target zone. Between FIB 0.38-0.5 somewhere. I'm not shorting this, only waiting for good long entry.
Ethereum finds itself at the beginning of a death cross, what this means is that if BTC decides to keep going down further (which it will) Ethereum will go down harder and stay under the 50MA for most of the times with maybe a spike above it once in a while. I guess that most high performing alts will try to stage a double bottom which will put Ethereum around the...
Relative Strength Index: The RSI is currently at a relatively high 60 points, meaning the market is somewhat overbought and we should expect a slight correction downards. Bollinger Bands: The price is within the BB range, yet it's still above the MA. This also means a slight retracement in the next few hours is likely. Volume: There is moderate to low...
Relative Strength Index: The RSI is currently at a healthy 55 points. That's better than most cryptos that are having a hard time holding current support. Bollinger Bands: ETH/USD is also well within the BB range. This also signals a healthy market that could start trading sideways. The bad news is that the current ETH price is still below the MA, if ETH can...
Or a descending triangle. One thing to keep in mind everyone, the CME Group, one of the world’s largest financial exchanges, is prepping to launch a product for Ethereum, if I'm not mistaken they already launched. For those unaware, the CME is a Chicago-based institution that famously launched Bitcoin futures near the peak of 2017’s boom. Recently they've...
Relative Strength Index: The RSI is currently at a healthy 41 points. This signals some sideways trading up ahead. Bollinger Bands: The price is also within the bands' range, however it's touching the lower band. This means the price will try to rebound slightly, at least until the MA line. Volume: There is very little volume for Ethereum at the time of...
By the grace of Allah the most high like always my previous chart of short term trade is also executed successfully: Now on day chart after formation of successful bullish butterfly pattern the price action has started the formation of bullish Shark pattern, sofar all fibonacci sequence is going good as required for shark now the formation of last leg is in...
Relative Strength Index: The RSI is currently at a healthy 43 points. This means the market can go either way but will lean towards trading sideways. Bollinger Bands : After the most recent retracement, the price is currently touching the lower bollinger band. This means ETH/USD will try to rebound at least back to the $194 level. Volume: While there is...
Priceline of Ethereum / US Dollar is forming a bullish gartley and soon it will be entered in potential reversal zone insha Allah. We have a golden cross formation expected below the PRZ are between 100 simple moving average and 200SMA. I have used Fibonacci sequence to set the targets: Buy between: 180.27 to 178.55 Sell between: 181.61 to 184.85 Regards, Atif...
Relative Strength Index: The current RSI is at 65 points, it recently peaked at 75 when Ethereum’s price reached $176. Since then it has rebounded but is still looking strong. We could see some movement in the next few hours. Bollinger Bands: The price is currently close to the upper bollinger bad, but still has some room for upwards movement. The price also...
Relative Strength Index: The current RSI is at 65 points, it recently peaked at 75 when Ethereum's price reached $176. Since then it has rebounded but is still looking strong. We could see some movement in the next few hours. Bollinger Bands: The price is currently close to the upper bollinger bad, but still has some room for upwards movement. The price also...
#Ethereum #Bitcoin #Litecoin Hello to all watching my charts Ethereum is similar to Bitcoin caught in a Trading range and neutral at the moment. here the trading range is between 200/204 and 2223/225 We have to wait in which direction the outbreak will come. Below 200 it seems to be short, above 225 it seems to be long for me Good trades If you want to...
A new month begins in a few hours, which also means the future monthly pivot points have been projected. And it looks promising! Not only are we at the bottom of a wedge but there is also the Support Zone which coincides with next months M2-Pivot. The basic plan is to wait for a small pullback within the next few hours to Monthly M2 and/or the Support Zone and/or...