Current Outlook Bullish I am Bullish as of now within the Crypto Markets. As we can see via our charts we are at resistance for the 3rd time. We have a Daily Demand within the bottom of our Trend Line @ $136 for buys. Confluence - - Third attempt @ Resistance. - Supply Block @ $199 likely to be touched soon. - We want to see $199 reject & allow our...
Current thought, so far $BTC is showing some good bullish signs. But, too many people think itll BO. Yet, nothing good or useful has been released or shared. Not even the Futures, can’t help but think this will be a trap for a dip to $3,000-$3,500 or worse. Shorting higher. Worst case, I’ll take my loss like a champ. Reverse my order and okay the bull run. Too much hype.
I've decided to post a new ETHBTC analysis because things are looking very interesting (and exciting). For the first time since the breakdown below 6K, I've been feeling cautiously bullish on the whole market, especially since following the price action on Litecoin. Right as we speak, ETH is just poking out of this incredibly long resistance. IF we break out here,...
Technical analysis: . Ontology/Ethereum is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 34. . While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue. Trading suggestion: . There is a...
Hello, Not a real analysis here... Just that we have another bull flag in the making. But lets see what happens in approx 3 days I have identified a high frequency zone that has so plenty of confluences. Plummet to 0 ? Epic rise? Could be nothing, lets find out.... Green boxes are just some targets i plotted out, testing new stuff :)
BITFINEX:ETHUSD We got a symmetric triangle forming with volume decreasing. My bias is we're going drop once we get to the end of this triangle but I won't let me bias affect how I trade this. I will be waiting for confirmation of either direction. Be careful of both bull traps and bear traps. We could easily wick up and come crashing down. Wait for a close...
A-B ascending triangle measurement, target horizontal resistance B. X-Y ascending wedge measurement, target horizontal support = Z Red boxes sending mixed signals, ascending support is holding but price broke out early from ascending triangle, shaping the pattern into a bearish ascending wedge. We can get confirmation at Y if price closes above Y we can assume...
Cardano has a couple bullish signals; Bullish divergence (Lower low in price, higher high in momentum indicator) MACD cross Falling wedge breakout
Ethereum has been struggling to gain any momentum since the start of the year. It had a 57% rally in April, but it has been all down hill ever since. There are issues with scaling. There are issues with mining. There are issues with ICO's panicing. However, today the CBOE announced that they will have a Futures market coming very soon for Ether. There's a lot...
There isn't anything that is cheap or expensive when you trade, but their is risk to reward!, are you willing to ride each move or maybe just accumulate on each retrace.
Technicals indicate this steep sell-off is exhausted. A rally will ensue. PSAR's on Crypto-Index are all still bearish , but it has been a very steep decline The CARSI shows both the RSI of ETH and the Crypto-Index are oversold. Sorry I couldn't put this post together even a couple minutes sooner.
The cover photo for this idea submission pretty much covers it all. Just in case it is not shown clearly (they always show all of the other indicators on the chart for some reason), but here is the TradingView picture where you can see what I am outlining: Basically I see that $ETH is looking to break out of the trading range that it was in for some time,...
Hello everyone, This is my first educational idea on Tradingview and I hope it would be useful for many, your comments, supportive ideas or the counter ones are welcome. I admire sharing ideas in respectful way, after all no one has the whole image, and who claims that is not truthful with themselves, whoever they are. Let me introduce myself first, I'm a...
ETH bulls took a step ahead of BTC with 4 hour inside bar bull break and test of EMA resistance on the 4 hour. We have rejected the initial attempt and now consolidate as bulls try and keep hourly EMA support. Keeping an eye on the bull 4 hour MACD cross closing in as well. Lots of sideways trading the last couple days and the bulls are far from proving anything...
ETH is currently holding up a bit better than BTC as the daily higher low pattern is still intact, where it has already been lost for BTC. We are clearly seeing consolidation and looking for a higher low on the daily for BTC, ETH has not given such clear signals that we are done this bullish move yet. Two scenarios are BTC forms a daily bull flag and looks for...
Looking at the hourly there is a clear downward channel formed. However we did see that the last candle breached the Bollinger field, so we could see a short term bounce slightly higher that the previous bounces we saw inside this channel. Thoughts and opinions welcome.
Implications and Outlook 1. Ever since Ethereum fell to the $546 Coin Dip level on May 24, the bulls are attempting a rebound from this completion to Mean Resistance of $680. 2. However, if the bears prevent this from happening by initiating the break below the Mean Support of $570, a decline to Mean Support $500 will be in the cards. 3. The violation of the...
1D Techinical Analysis shows almost 9 days in a row on the green side. Normally after that it came a retracement period (seems it was yesterday). Maybe not enough retracement after 9 days going up (we will see)? Our trade intends to catch the bounce back up to continue the lately Uptrend after yesterday retracement. Our Entry point would be 535 with a very Tight...