just an analayze:
now i think
we are going for w4 of W5-1. w4 can be finished in the specified ranges.
after the correction complet, we have upward trend to the next Prz to complete w5-1.
in the long time we will see 5500 6000 for ETH.
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
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.
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...
In a calm market trading sideways is quite boring.
In the other hand is exactely there you learn to trade with disipline.
Learn to setup the chart, Analyse, set a target, always a stop limit and stick to your strategy.
If all this is stresful for ya, you are not made for this profession.
Now Eth has broken the bullish triangle and actually...
Looking at the crazy sell-ff in the Crypto market on the wonderful Sunday.
Since the crypto market easily surged by almost 5x since 1st of January 2021. It was not a surprise that the price has came down. This being said on the hindsight I also did't expected the crypto will destroy around 1 trillion within a few weeks.
But looking at the ETHUSD chart today. I...
Etheriuim has a clear sky ahead. We might see nice, uninterrupted growth until 2251. On to of that this quick 130 USD should be gained within the next 24h or so. Quick busk to be made ion my humble opinion. That's 6% that no bank will give you.
Even though it seems like ETH doesn't have that much of a % rise up as some other altcoins (400%-600% at most, while some others are waiting for a 1500-2000% gains), it can still be a good buying opportunity as it corrects, especially for a short sellers. We can still expect 400%-600% rise from expected correction point.
As far as how deep this correction could...
Etherium is in a wedge and the resistance is currently being tested again. This wedge will conclude by tomorrow morning at the very latest. Watch closely - if it makes a clear breakout in either direction, react accordingly!
Always remember that fake-outs exist - it could fall down and quickly recover. Etherium is very bullish overall so a drop down will likely...
Hello, dear subscribers!
Today we are going to consider two possible scenarios for the Ethereum.
The ascending triangle was broken through and the price found the resistance at the $1290 price level. After that the price bounced off this level and broke down the trendline support. The price drop was until the support level of ascending triangle...