For the last 8 months, ETH has found itself in a strikingly powerful downtrend. It is now down ~86% from its all time high of $1400, and down over 30% in just the last couple days.. Currently Ethereum is piercing downwards out of a 5 month Trendline/Channel. As you can clearly see on the chart below, this is the second time we have found the price below the...
It is very hard to believe but... nothing is impossible in the crypto space.
Bear flag + decreasing volumes. The low RSI on the 4h timeframe is somehow blocking another drop for now. Once the RSI coma back to a more neutral level I expect another break down.
Signal for shorting ETHUSD if Chikou Span (green line) goes below Tenkan Sen (blue line) at the closure of a 4h candle . Then I will look for an entry point
This is the way i see the Ethereum market going for the near futur ! What are you thinking about that ? ^^
ETH is lacking a little bit, but move to upside will have to come eventually. I'll try to catch breakout with a small stop loss, if it won't go according to plans. Trade setup: - entry at 261.00 (breakout) - stop loss at 249.00 (just bellow 0.382 Fib level) - target 1 at 293.00 (just bellow long time "breaking line" - see bigger picture bellow) - final target...
This is a simple descending triangle exit. Buy the bottom Sell if red line crosse downwards Target as you please arround the Green Line Take you decision regarding your situation Happy trading Cheeerrr's!!
I DRAW 2 RESISTANCE 1ST 4 HOURE TIMEFRAME AND 2ND 1 DAY TIMEFRAME YOU NEED TO FOLLOW RESISTANCE MARKET IS STILL DAWNTREND JUST RESPECTING RESISTANCE LINES..... NOW CAN NOT SAY ANYTHING WATCH ONLY... THANKS WISE YOU SUCCESS
When the mouvent bear starting it's clear for me that we must go to 245-255 $ (green line ) we touch 4 times. and we touch 5 for 246 $ Now 1 Target 317 2 Target 362 after back to 330 3target 382
My view on ETH/EUR remains bearish until another low would be created, so that the buyers can be flushed out before the big boys get in.
Fractals are sometimes difficult to spot are some of their parts are evolving in shape or length but the most important is to catch the trend; it seems this fractal is still repeating and that is going to be finally the last dump before initiating a bullish trend. Here is the fractal I'm talking about: It looks we have the "M" shape first and the the last...
ETH came back in its previous bearish channel after this surprising short squeeze; but the trend seems to follow back the fractal: this pull back make me strongly believe ETH will dump until it bounces on its main daily channel (black lines). So, why such a dump until this level? Look closer at the BTC/USD chart: BTC maitains its level since 3 days as ETH has...
I didn't see that one coming! I thought it would have been the last moves before the last dump, but it seems another cycle is taking place. Previous moves from BTC chart also tends to confirm we're heading to a strong correction before the moment we're waiting for... ;-)
ETH/EUR If my Elliot wave count correct, then easy 1% gain low risk from 4th wave. Rsi looking high, so drop should be soon. Don't forget to short the market Sometimes i Post on twitter Check it out Twitter: Acgaxs
Please stop posting about Sky Rocket Cryptos, it's not happining, (Yet) at least, as Investor you should look to the profits in eyes not in Hope! here we see as explained in the chart, no buying is happening now, maybe later when the price fall to another cheaper price we may expect Crazy Spike in volume then we can hope as a first step of increasing in the price...