wait for all the sell signals
I think the market will give us another buy opportunity inside the red outlined green box, which is the point where the trend line support meets with the ATH of 25.05.2017. I would place the targets based on the Fib Extension, and a stop after a lower low. This is not a trading guide. Trade only what you can afford to lose.
Unfortunately, it is impossible to predict anything because of the uncertain future of bitcoin. Be careful.
As I predicted in my previous post, my gut feeling was that Ethereum is worth about €150, which we are at now give or take. But if you have a look at the 4 hour chart you see a clear trend line for this downward "bubble popping" trend. Yes, there is an upward trend from the over sold recent new low but I consider this a correction up to the trend line. If this...
Initiated a trade based on my last prediction. Stop at below the red outlined green box, or if price follows the red arrows path. This is not intended as a trading guide. Trade only what you can afford to lose.
2 possibilites, bounce here right now, or from 1980s, and breakout... or bounce at 1960s to 2000s and more down... or none... of course...
Two possible trades. A small Long and a small Short. If you've already bought todays dip, feel free to use this to compare it with your own targets/ideas. There's a chance for a lower Long entry, making a double bottom, but the 4hour chart already shows a clear Bull divergence, although it might still have some room for another entry at support. This is not...
Again... doing this in a rush... I feel safer buying here than yesterday though. Similar, or pretty much the same targets from yesterday. Expecting some resistance at 230 again, probably take profit there. Stop if 180 fails as support. Should have posted this before going to sleep, but I was tired and woke up to do some other stuff.
Quickly before it breaks out.... 3 targets. Cryptos mosnt known coins seen to be following BTCUSD lately. ETHUSD offers bigger % movements than BTCUSD. I remain Bearish for the midterm in ETHUSD, but this looks like a good scalp opportunity. Stop below support. Not on it. Did this in a hurry---
This is a pure TA, looks to me to be a Bullish setup, at least a Bullish Channel from these last days heading for a breakout, provided there aren't any catastrophic crypto news coming soon. Marked some possible prices in Red where I think price could bounce, which once they are broken I will turn Green as Support giving more buying opportunities before breakout....
Hi, Long time didn't post here. It is summer time and even crypto needs a vacation. Reaching 310 Euro within a week doesn't mean I am bullish. wait for episode 2 to know what will happen next. If you are buying now, I strongly advice you not to. We are hitting very nice trading opportunity. Tschüs
In my analysis from yesterday, named Potential for the Bull, I wrote about the new €240 support being tested and that €250 would be the major resistance to be tested before we know in what direction this, relative stagnant 12 hours, market will go. I mentioned that €245 could become the new support, which it has turned out to be. If you only look at the short...
Yesterday I wrote that there would be a new cemented support at €240, which is being tested right now. If it can hold a "double dip" after bouncing at €245, or maybe even make €245 the next support to be tested on the next dip, then we have €250 to be tested. Passed that I would take part profit at €260 and go short if we break down under €250 again. If support...
So finally we had our bottom tested and cemented it seems. At least at a high probability. I timed a great spot for my long position at €225.51. As I'm writing my position is up 4.72%, and I feel very confident that we have cemented a solid support after couple of days of the Ol' Bear . My personal guess is that we keep going upwards until we meet some resistance...
It seems that there just wasn't any real energy to the rally as we have lost an important support line.. Expect a bit of a downturn.
Here's a trading plan I drew up for NAUT.