If the support we are sitting on right now holds, we are going straight to 3500-3600 resistance. If it doesn't (looks like it won't), we will healthy retrace back to support levels. We have 2 short term bearish options in my point of view, which will probably realise. I doubt we have that much bullish power, but crypto is crypto.
Eth has been amazing to say the leas. futs and spot holders can use these levels for TSL/take profits $eth looking awesome, following channel in wave count its at major wave 5, subwave 1 is done. subwave 2 was a abc correction now doing a i-ii alternates in the subw. 3. even tho negative rsi diveregence on 4h, but shud retrace/sort and continue advance
Welcome to this update, everyone. If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way. I also post altcoin setups on Spot, Margin, and Futures. In my previous ETH update that I posted on July 26th, I speculated a move towards $2800 and recommended an entry in ETH around $2000 and within 10 days the...
Enter on the shift. Set it and forget it. SiFi = peace of mind
Best place to buy, I'll wait to see how the price reacts to the Ichimokoche cloud. The best range to enter the deal is already specified
My analysis on the current trend of ETH, post mini bull run to 2600. Best fit curve analysis, taking into account the larger daily trend curve in red, with the smaller month long trends in green. Using the apex of curve 2, I can guess at the endpoints of the current trend, while fitting the highs/lows. Averaging the length of the three previous curves don't allow...
Eth is looking to have a rest before a possible climb. If it drops below the retracement level gold box, a fake out is confirmed and back we go downward. However I believe a rise above £3k is possible for ETH in the coming days. This is my view only and not to be taken as financial advice.
Confirmation signal 1 - volume is high at demand zone 2 - formation of Quasimodo pattern 3 - market is second time back on demand zone 4 - risk to reward is 1 :2 Please do your own reasearch follow rules Thanking you
The moving averages look angry. Brutal rejection. Waiting to see what happens on Daily close.
As I mentioned in previous analysis, we are within a consolidation (yellow area) and right now we are under resistance level around 2340 The next resistance ahead is around 2900! i suppose it can reach 2900 and then falls more! but ( after confirmation ) Long-term is totally bullish Mid-term is bearish Short-term is sideway (fluctuation about 30%) Let's leave a...
Welcome to this quick update on ETHUSD If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way. I also post altcoin setups on Spot, Margin, and Futures. Etherium looks really bullish as of now. Just like the BTC chart, I posted a few hours back. A healthy retracement would really be good for a sustainable...
Well like Litecoin this Crypto also seems to be in a very tight range bound trend with a positive bias.. support and resistance trend lines marked. Strategy : buy on decline near the supporting trend. Take this well informed trade... Happy Trading.... Like.... Share... Follow...
Welcome to this quick update, everyone. #ETHUSDT bounced right off the $1706 which I called on my previous updates. That was the golden pocket as per fIB RATIO. What's next? There are two scenarios and both are bullish if you see it as a mid-term signal. We might get another. opportunity to buy ETH around $1700 that could happen purely on a complete daily...
as you can see, totally we are in an obviously bearish market in short-term within a bullish channel in long-term the yellow box is the consolidation area that is so important for me to make a decision for buying or selling! i believe in more dip in whole market! but in consolidation period i prefer to wait for breaking the level 1800>low to expect more dip to the...
Hello guys, I think everyone should be aware of what is going to happen in the next few weeks ! Get ready for it.
ETHBTC Symmetrical Triangle that broke higher could be forming a continuation pattern (pennant/flag/wedge/ascending triangle). The break out of the triangle got rejected at the 0.5 fib level, pulled over the 2017 bull market. Since we broke out of the symmetrical triangle at the 0.236 level we can also expect a pullback and retest of that level before...