ETH is setting up a short opportunity. The price action and volume indicate a rising wedge is forming. Ideal entry is $165. Waiting for the pattern to continue to develop before I enter.
ETH has been and still is the most bullish coin this run. Right now we have an ascending triangle. A breakout would mean continuation to the 185 zone and makng the 215 (extention) possible. Ofcourse a break of the trendline would rather make this a double top. The opportunity now is the break of the purple line.
ETH in a ascending triangle - Will flip shorts and longs based on this structure until invalidated. Current target of 129 - 126 with short, will be assessing targets at 140 where it will meet some support. Any thoughts?
Eth is still trying to close above the resistance of 140 the next target is 170 if we get strong volume and confirmation.
ETH buy at 131 or above. SL - 129.28 Target - 164 - 165
ETH Currently Supporting a trend line if this Trend Line Breakdown then we can do SHORT, Otherwise Continoue For LONG. After Breakdown we can SHORT upto target 100$. Otherwise Continoue LONG Upto 180$. Let see what Will be Next Move. Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only. Thank You !!
ETH looks to continue its pump up for another couple weeks possibly before one last dip down to the next support cluster.
ETH after the huge drop take the bounce from 80$ zone next targets on the chart ... but u have to know that Closing 1 daily candle under 80$ take us to a new dump The closing above each target with 4H candle would take us to the next target the real bullish wave after the breaking of down-trend and closing 2 daily candles above it * Last target* Happy profit...
Eth still couldn't break $98. Sooner or later it has to break down. Target $56.
ETH must test some levels shown on the hourly/4hr before any big move up into the 200 ranges. I would break it down factually down to the 15 minute chart but that would be too much to explain. Here is the general idea.
ETH is a very good opportunity right now! The same Rules apply as from my last LTC post (You can find the idea below if you haven't seen it yet). HUGE ABC corrective structure with more Volume then ever before! I will try to get it as cheap as possible. Therefore, I will start averaging in now that we are below $100.
#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