Hi All, In recent past, I made a post on ETH\BTC which has a potential of a massive breakout. Hence I have my eyes on ETH.BTC as well as ETH.USD. ** (Similar to BTC, I believe that ETH is completing its 2nd stage of a 4 stage cycle. Refer to my previous posts about my hypothesis) For now I have the following: > ETH on the daily is in an uptrend > ETH on the...
Hi All, This post is a continuation from my previous post (hypothesis). Thoughts and ideas: > At this point, we don't have enough data to project way forward like BTC because we lack of a long history regarding ETH. > Working with what we have, we can speculate (it is the business to speculate) will a number of assumption based on BTC life cycle. > Green box...
Ethereum dumped by almost 10% and bounced. IF you take a look at week timeframe, you will see that ETH never ended its downtrend. Just keep on falling and falling and falling. The only bullish moment it has, is that now price is near historical all time low with falling volume, which could be a sign for potential reversal, but certainly not a confirmation of it....
ETHUSD has finally shown a continued move potential in market structure to the downside. We were waiting for the double bottom to break through and price to pullback into the broken low. Price has a pullback and begun to rotate at the new resistance which can bring the price down to the ultimate support at $85-90. The downside break was on good volume, the volume...
Hello, my friends. It's Cryptoranger K. I've been quite scared of posting an Ethereum analysis recently. The current indicators and trends suggest that ETH should rise here. However, looking at the 2 day line on the 1-week chart, it seemed that it had just fallen. Obviously, the price flow moves along the 50-day line and shapes the cup, but I can't figure out how...
Analysis of Ethereum should always take into account current Bitcoin price action. If we look at the 1 day timeframe scale charts of ETH and BTC we would see that there are similar fractal repeats. Taking a closer look at the short-term timeframe scale reveals a direct and perfect correlation of the assets. We can see 7 similar price action formations which took...
Ethereum looks good to buy now.
Hello, my friends. It's Cryptoranger K. Today was a day when I didn't see anything special on the chart. I looked in for a while, gave up and just rested. And I look at the chart again at night. I thought about why. And I concluded that it was because I had a lot of expectation that 'I want the bottom to come out quickly'. Looking at the ETH 4 hour chart today,...
Hello. It's Cryptoranger K. The ETH flow so far is moving within the framework of the falling flag and the falling wedge. Personally, I think this is where the ETH price rises. It's exactly weighting up and down about 8:2. But if you look at the chart, it is unlikely that the price will rise right at this point. The reason is because of BTC.
Hello, my friends. It's Cryptoranger K. A new week has begun. As a weekly chart, I expected that the 5 & 10day line would create an intersection and the price would start below that intersection. But no intersection was made. Now what we need to watch is: 1) Will prices fall as the 5day and 10day lines act as resistance? 2) Will the price rise sharply here to...
Hello, my friends. It's Cryptoranger K. The current situation of EHT is that the 1-day candle is stuck between the 10-day and 50-day lines. I think the current state of the candle is just a return to the original seat. First of all, the current position is still vague to determine the rise or fall. I am considering both rising and falling. The characteristics...
Good morning. Cryptoranger K. As you may have noticed late yesterday, I told you that the place was ambiguous. And still my position is Long. Yes. The chart shown above is a one-week chart. I'm basically Bear, so it's easier to see the invert chart. If you look at the chart, you can see the following features.
Observations: Daily 200 EMA strong resistance (blue line) Bullish momentum due to BTC rally Downward trend \ channel not broken Key fib level reached - 0.5 fib retracement on 1 HRLY CHART below Next target 0.382 fib level (203) on 1 HRLY CHART below RSI has room for the upside, on the daily. ALT dominance looks weak whereas BTC dominance looks like eminent...
Hello, my friends. It's Cryptoranger K. Today, I saw the difference between BTC and ETH after looking at the price flow. As far as I can see, BTC is drawing a falling pennant while ETH seems to be drawing a rising pennant. Many people think that the price will fall if the bottom of the triangle becomes flat when drawing the pennant shape, and on the contrary,...
Hello, my friends. It's Cryptoranger K. After a long time, the main altcoins show the white body as a whole. When I saw this, I would always shake my heart. And I used to buy in anxiety that I might miss the chance of rising. Is XRP climbing the most now? There are many opinions that other altcoins will rise because XRP is up. Personally I don't trust company...
Many things look bearish but more so undecided at this point, hence I would expect sideways movement for some time even though some things have confluence (favorite word to explain things in common) in the bearish direction. ********** If I was to make a call for ETH, I would say there is more downward pressure for the long term because of the strong rejection....
Hey tradomaniacs, here we got a very nice spot to take action! The Chart speaks for itsself. ----------------------------- LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me. Any questions? PM me. :-)
This explains why ETH has been performing well and why I'm focused on ETH since it's reversal. This has confluence with my previous posts at the micro and macro level. Trend reversal almost confirmed using the fib.pitchfork method Previous Post