Looks like a breakout is imminent. However both directions have good arguments, what do u guys think? Would like to hear your opinions.
Recent development in ETH and BTC price is displaying significant weakness, at the moment it looks like it's poised to test the lower end of the major support, which could trigger a major selloff. Beware
Hello everyone ! As i said, when my targets were met i would go back and look at the chart again to reevaluate the situation. Anyone who took a long position right inside my zone should still be careful as we still have a possibility of more decline ahead of us, so manage your risks. Let's tackle my previous post and try to make a more in depth read on the...
ETHEUR Triangle Break ? 03/11/2018 tell me what do you think about this ^^ !
ETH/EUR 1D Nothing special. Just an idea how things could play out , lets see how well this ages.
Hi everyone ! So we can see that the drop happened and the decision was made, this makes everything a bit easier because we at least now have a confirmation on that this is a extended downtrend wave and we can set us up properly for the next price movments. I'm a happy bear because i always like to collect cheap ETH, and I hope you have the same mindset here. If...
If history repeat itself, this is my vision for EHT/EUR (sorry if I didn't chart in USD, but you can alway make a conversion). Previous cycles look pretty much the same for Ethereum. Once it touches the bottom in the next 5 to 7 days at around €550, it will start to climb up to €4200ish by the end of May. The red dot-line is the SMA200. In the previous cycle it...
Hello Everyone! Let's take a look at the 4h ETH/EUR chart. From what we can see right now, it looks like the right shoulder formation is about to complete very soon. We can see that we are currently resting against the uptrend support (dotted light blue line), if this were to get violated, we will probably see a drop directly to the green line below (Trendline...
First try on Elliot Wave analysis. C wave can go down to the downtrend channel which will now act as support. Comments appreciated
Just a idea what happens if the bears would get more control of the market.
This is my first published tech analysis idea so please be gentle. I'm happy to hear some feedback though, I really wanna learn this stuff. So lets jump right into it. Looking at the 4h chart of ETHEUR we see that we broke the downward channel (red line) on 02-26. What I think to see in this pattern is a rising wedge (green deshed line) which will complete at...
I think ETH/EUR left the downchannel to follow a new trend that is a nicely rising trend. I'm just guessing what could happen out of what happend...
Hello everyone, Some new, outside the box thinking for the hunting trip again. I am in a long position right now, but I didn't realize the urgency about this breakout until now. From my findings It seems that the previous breakout attempts are linear with the first and second one that failed. (See the blue triangle upper trendline lining up perfectly with the...
I think ETH/EUR left the downchannel to follow a new trend that is a nicely rising trend. I'm just guessing what could happen out of what happend...
Do you believe in the prophecy?
Updated previous chart. Crucial time for ETH now. Looks like it will break outside the downtrend. ------ LONG! Resistance: 715~720 Support: 740~ (Stop Loss) Entry: Now (or 720+ for confirmation) Good Luck
ETH 1D chart is showing a strong overall bearish movement and could possibly form a Gartley or Butterfly or H&S. All of them shows the market could take a wrong turn and bears will defeat bulls in coming weeks. From the patterns, one of the possibility is that ETH can retest its bullish strength to fight bears at 770ish resistance. IF fails then boom and it...
Great, we seem to have completed a double combo (WXY), and the wave is now retracing. I entered a long position at €643 and am expecting a respectable retracement to at least .5 fib levels. I'm laddering sells at various price points at the .5 and .618 ranges. Now, the tell tale sign for whether we are continuing in a bearish trend or back into a bullish trend...