ETH has been making bull fractals ever since the bulls regained control on descending 2 hour candle number 9. The smaller time frames show bullish action while the larger ones point to possible downward movement. Conflicting signals, oh how I love them. Number theory on both the macro and micro time scales are telling us to keep our eyes wide open to look for...
We can clearly see here two very important levels to watch for( marked with two parallel black lines). Level around 0.00013555 which was created by double bottom in the November last year. Above it around 0.00015000 level pair was holding for a while between the end of the December and beginning of the January. Mid of February level was broken and the pair went...
This is detailed analyse for my previous idea on Weekly chart : As we can see on Daily chart pair found support at .00200000 which hold pair for some time with probability that this support will give a boost to the pair to move higher. I set SL and TP for long position. I suspected that 200 ema will come with help if the pair will decide to consolidate for a...
I marked morning start pattern on the weekly chart. Pair couldn't go down below 0.00000010 for last 18 days. We have seen huge spike of price during this week. It seems to me that it is just a begging of the new trend and price in future will touch 0.00000100 mark. I wouldn't put big money on it no more than 5% percent. I think that TP area is pretty safe...
We can clearly see here that the support has been created around round number 500. It created false double bottom buy signal in December. Area between mid of February and beginning of March shows interesting formation when pair tried to break the support with negative results. There is second important level which is created by consolidated three GAP's on daily...
This fairly new market has its own psychology of trading. I found that many times crypto crowd follows simple technical formations. We can see here very nice double bottom with Doji candle, plus square number which it seems that is respected by crypto community. 0.0020000 was respected twice within the 3 months. I assume that this pair will go up and it will soon...
1.12700 is a nice round number for a resistant level. Price has break the support level recently and I'm expecting the price to retrace to 1.12700 resistant area. I'm also expecting the price to be rejected by the level (first touch). I would go for a short position after price has reached the new resistant level.
Not a pending order. I'll see what price does and place my trade then.