Bullish set-up which can reach 2.5K for ETHEUR.
Minor 1 and Minor 2 (green) waves complete.
ETHEUR should resume the bull crypto market and this cryptocurrency should impress with a 2.5K EUR per Ethereum.
Ether is on my radar more than BTC.
* I don't reply to trolls.
Corrections are needed for more upward movement :)
The last several weeks Bitcoin has seen amazing price action while Ethereum has been lagging behind.
Finally Ethereum is making moves! Just not in the direction many hoped..
Over the last 24 hours, Ethereum has been knocking out support trendlines one by one. Creating nearly an 8% drop from its local high of...
Huge daily triangle was about to breakdown since a long time, and today is the day!
Here we can notice a stochastic bearish divergence, bearish aroon is rising but still not so powerful, MFI is neutral; SMA 100 is going above SMAs 8 and 25; next support might be at 0.032700, on the SMA 200.
More dump is coming as support in hourly is...
We have signal on Week Chart:
1) Bullish Triangle and 75% first impulse, second impulse same size 75% = target around $265
2) First impulse done, second impulse is ready for up movement.
My order is ready:
Buy - $138.00
Take Profit - $262.22
Stop Loss - $122.22
Take Profit = +$124.22 / +89.95%
Stop Loss = -$15.78 / -11.50%
The little jump before the dump didn't occur, but the dump is on its way; there might be a little support @ 114€ and the target stay @ 108€; once there, we'll need to make a further analysis.
Check my previous ideas for details and please share your views and analysis for the community ;-)
LAST DAYS for BXBC announcement !!!! :
BITSDAQ is opening to compete with...
ETH (and BTC) are still on their way for a sudden little pump and then a first pullback around 105€ (~119$) for ETH.
See my previous idea for details and don't forget to check the link below before it's too late (it'll close at the end of this month!) ;-)
BITSDAQ is opening to compete with BINANCE and they want to make their BXBC token be the next...
This is not financial advice as it is just for my own entertainment, to keep track of my analysis using Elliot Wave Theory and Guidelines.
Rule 1: Wave 2 cannot retrace more than 100% of Wave 1. (Verified)
Rule 2: Wave 3 can never be the shortest of the three impulse waves. (Verified, since Wave 3 is already longer than Wave 1)
Rule 3: Wave 4 can never overlap...
Its doesn't take a genius to spot these strong support and resistance zones, they are stronger than the hulk on steroids, you can see where price has just entered these zones and the bounced.
We are expecting price to find its way down to our lower zone use it as support and then bounce back up to our higher zone where we will be placing our TP.
We think that...
There are theories going around that the bottom already happened. Because of these rumours, there is a likely scenario that people will buy the dip (at support) around €102-107 and we will see an increase towards the triangle resistance at around €140. I we break that, we might go towards €170 in April. Another supporting factor: weekly MACD crossed up in december...
Since Etherum formed its latest bottom of $80 and bouncing nearly 100% the crypto community received a glimpse of hope that crypto may rally once again.
Since we were rejected at $160 for the second time I have seen an overwhelming amount of bears come out of the woodworks.
I am not posting this chart to say whether I am Bull nor Bear, I am merely here to support...