Just Extremely speculative Food For Thought
What if the Real Blowoff Top Is yet ahead of us, and we are in a similar situation than 2016-2017?
If this Scenario where to play out, it would blow off Brains
ETH is waiting for action. We are moving between $1480 and $1424. Ethereum does not have enough power to move higher up to $1480.
We can see a BEARISH divergence on RSI and low volume. It seems like the market is exhausted. If we break uptrend TL, you can short it. But I prefer to BUY with a price drop of around $1259.
On 4-hour chart, the price action of Ethereum is completing the final leg of bullish BAT pattern, soon it will be entered in the potential reversal zone.
Buying And Sell Targets:
The buying and sell targets according to harmonic BAT pattern should be:
Potential reversal or buying zone: $ 513.56 to $ 497.91
Fibonacci projection or sell zone: $ 550.86 to $...
Expected up channel has been invalidated:
In my previous article I were expecting that the second-largest cryptocurrency will hold the support above the trendline that was started on 19th July 2020 on the daily chart. The price action also found resistance above this support, therefore I was expecting that a perfect up channel will be formed from this point. But...
Hi friends, hope you are well and welcome to the new update on Ethereum coin. The second largest cryptocurrency has surged 46% since I posted my last article. First of all for the people who are not following my articles on Ethereum coin I would like to give some recap. In March 2020 I posted an article where I revealed that the price action of Ethereum has...
Failed in breaking out the resistance:
Hi guys and gals hope you are well, welcome to the new update on Ethereum, the Ethereum was going very good and after crossing the $224 resistance it was expected that it will use this resistance as support and move up to hit the next resistance level but the price action has failed to retest the resistance of $224 and...
Hi friends hope you are well today I want to share with you three major significant signals of ethereum that can help you understand when the ethereum is going to make a very big bullish move. This article will be also helpful to have an idea whether to invest in Bitcoin is will be more beneficial or to invest in Ethereum is more profitable.
After Bitcoin...
Dates in the future with the greatest probability for a price high or price low.
The Djinn Predictive Indicators are simple mathematical equations. Once an equation is given to Siri the algorithm provides the future price swing date. Djinn Indicators work on all charts, for any asset category and in all time frames. Occasionally a Djinn Predictive Indicator will...
Ethereum is at the support that is not broken down since more than a year:
As earlier we have seen that on daily chart the ethereum turned very strong bullish and started powerful bullish rally from December 2019 to 14th February 2020. And after gaining more than 150% value we have witnessed a waterfall crash after 14 Feb 2020 upto sofar. And Ethereum has lost...
Hi Folks hope you are doing good, this bearish trend is helping many tokens and cryptocurrencies to complete their final bearish legs to form bullish patterns and Ethereum is also one of them. On 2 day chart the Ethereum is forming bullish Crab pattern, and soon it will be entered in potential reversal zone but before that we will need some more bearish trend.
...
