I see many many patterns forming on ETH currently, a rising wedge is one of many patterns i see playing out. Personally, i would love for this to breakout to the upside, but rising wedges usually break downwards. This pattern is formed because of tug of war between the two great forces which move the price up and down, that is demand and supply. These are...
Clearly the eth/btc had been in under a rising wedge pattern since last weeks. Now its time for it to breakout. Rising wedge are a sign of reversal and usually works perfect nearly all the time. Take profits on your longs if you're still in long. Leave a like/follow if this helps. Read my other analysis below.
ABC with C as an ending diagonal or 123 (45) with the first wave of the third as a leading diagonal. Either way, we might have a god opportunity to short. 1st range: 168.5 - 169.5 2nd range: 173 - 174 Use thight SL because the hardfork could easily invalidate this.
- I apologize for the chart formatting, TradingView needs to add a preview button and allow chart manipulation during a preview stage. I'm using multiple monitors and the charts looks great until it gets published... I feel like any bearish sentiment will be wildly unpopular, however the technicals indicate that ETH may be on the brink of slipping into a bearish...
Ether has had a nice run up, but i think it hit a resistance line. We should retrace to .618 fi b levels around 125 - 130 and test support. MACD is pointing down, RSI is pointing down, stochastic is pointing down, placing bids in the grey box area, end of apex is around jan 18th right on time when the hard fork comes out, i can see a bullish push from this, or, if...
Could this be a symmetrical triangle? Im not leaning bullish nor bearish, but i will set targets for both scenarios; A symmetrical triangle is a chart formation where the slope of the price’s highs and the slope of the price’s lows converge together to a point where it looks like a triangle. What’s happening during this formation is that the market is making...
ETHBTC it s situated into a rising wedge which will result probably into a breakdown from this wedge. ETH was tested 0.0376 Resistance line and now they want to push higher but in stochastic RSI we have a bear cross,RSI and macd it s a little overbought at 1D timeframe. We are above ichimoku cloud which is a bullish sign but probably they need to cool down a...
I believe it will most likely reach $65 in the next few days..hitting the interims in pink respectfully along the way to its main target. Stop Loss: Green Line Enter Short Position: Red Line Targets: Each pink line with the main target at $65
#ETH just entered short on #BTCMACHINE .... in the picture some theoretical SL and TP targets to take: Entry: $117 SL: $123.3 TP: $110.4 and $104
ETH/USD is forming a nice symmetrical wedge or an HVF. With the overall macro trend being bearish at the moment, this looks like a good short. With two different targets set (pink lines), I plan to take some profit (50%) at first target and another (50%) of my order at the last target if this breaks the red line support line. The last target at about $208...
Hello Lads and Ladies, Let's get a quick TA down on Ethereum. We can see here very well that Ethereum is quite weak and has been very weak in the latest drops, even made an unexpected low of $115. Right now, likewise to the Bitcoin TA, we are basically in a bear flag or even a falling wedge and it is not looking bullish. We can see that we have a strong...
ETH in the next time may return but in the main trend is bearish, I advise you not to buy at this time! Reference buy is $100, manage your capital, I see that we have two months ahead in the bear market, to 2019, if bitcoin repeats the cycle of 2014 then the cash flow new really poured into here! Save and happy trading!
Hello my friends, Hope everyone is making the best out of this crypto market! LIKE and FOLLOW! Thanks Looking for a free crypto trading community for more info message me! We do live trading WORKSHOPS on zoom almost daily!!! KEY POINTS for ETHUSD/CHART DURATION 1 DAY 1. KEY SUPPORT - low 90's to 105 2. RSI/1DAY - 0.6 = Extremely oversold 3. MACD/1DAY - 16.6 =...
Bullish Indicators: MACD Crossover on the Daily Bullish Divergence Found on the 4hr On the hourly the cloud resistance is being tested and the Tenkan has crossed the Kijun, a breakout of this cloud and I will take a long position. We tested the 88 fib and bounced off of it on Sep 18th 1st Target: 225 2nd Target: 243 3rd Target: 300 Bearish Indicators: The...