ETH wave 1&2 appear to be getting worked out. Soon we should start wave 3. I attempt to articulate my EW analysis in this video. Happy Easter everyone Big Mike loves you all and good luck.
ETH/USD:
Currently down some 88% off it’s all time high, ETH is trading around $164. Since December 2018 lows, price action has consolidated into an ascending triangle, with price currently trading above the triangle. Which is typically bullish. Formations such as ascending triangles tend to retest for a pre-flight check.
But what’s currently peaking our interest...
ETH - Next goal is $2800 after ATH break out.
I mean if ETH Will follows BTC it can also double the price after ETH breaks out. Nearly the same pattern.
But what I'll do I told on video.
ETH - Huge Oi rise. Big move is coming
Open interest increased by more than 100k contracts on Binance only. Ofthen that's a signal that big move is coming.
in a video i shared with you 2 examples on BTC and ETH how price moved 20% from it.
I highly recommned you to watch vidoe to see my plan and make money on it.
ETH Bear Flag on 4H & Daily
Hey guys, after that nice follow through of the Head & Shoulders on the Hourly & 4H, ETH managed to make new 4H Higher Lows at 440.
But still: On the Daily we're now getting a clear bear-flaggy picture after the huge fall from $800. If we do not manage to break the area of $500 with conviction, there is not much hope for the bulls.
I...
ETH trading plans
- 1st ina a case of a range with volatility drop - we`ll trade breakout
2nd - key area for short at $3500
3rd key area for long at $3050
Better to watch plan to see a whole idea
ETH - price broke value after big Oi rise
We saw Huge liqudationg at local low
other price create some range before go on
better if 1 day range appears and after break down with OI rise
watch video - i shared with you examples
