...I think so. With ETHUSD getting rocked pretty hard yesterday with the GDAX Flash Crash, it would be safe to say some investors have pulled to the sidelines and are still licking their wounds. With that said, I could see ETHUSD retesting 350ish over the next or so and from their it gets dicey once again. This is why I'm currently looking at LTCUSD. Those...
Clouds seem to indicate a strong downtrend in motion. Thoughts?
CoinBase:ETHUSD charts are now forever messed up because of the CoinBase/GDAX feed and the ETH "liquidity" / processing delays of today, June 21, that led to this event. I wonder how many ETH panic sellers CoinBase/GDAX screwed-over as Bids dried up or were pulled, and who was the genius who left a Good-til-Cancel Limit Buy Order at US$13 on GDAX, for what...
I feel safe and bullish inside of this wedge. No idea/watching/waiting for what happens outside of it.
Spotted some (what I interpret as) bearish divergence, as well as bear flags passing through lower and lower support. Looks like it might ride through this channel to what I see as decent support near 1900. Will trade the spikes on the way down.
Looks like we've had some correction over the last few couple days, but I think we have some bullish divergence forming and new bull pennant (yet again) forming. We'll see how this plays out and would appreciate some feedback, a bit new at TA and my first publish. Thanks!
Volatility funnel. Volatility decreasing, as measured by Average True Range (ATR). On Balance Volume (OBV) increasing over same period. Bitcoin to bamp?
Next targets 10796 =(10839), 11367 =(11514). If you play the 3point extension go for the first levels, if you play the grand =(great!! ;) retracing game from 2014 - 2015, go for the targets in brackets. Wish U luck and h4ve fun!
Playin' the 3point extension ( 9-29-2015 11-30-2015 02-11-2016)
3300-3400 range was the real top for the first Ethereum bull run, everything above was pure pull trap. Shorting for the pullback here, target 3000-2900.