A Gann Fan analysis
Using the downtrend we can plot two points of Gann (2/1) and (8/1) both can be seen to be support points for the price
The uptrend Gann fan shows continually hitting of the top (1/2) seeing this we can assume that pressure is building up at this resistance point, and the bullflag that has formed above the (8/1) Gann line will smash this...
if we break this resistance, moon mission because its a key level
bull market support band has been a support too despite over extension if we fall below bull market support band, the chart would look a heck a lot like bitcoins chart before the summer drop....
ETH.D has made a massive cup and handle on the weekly that has dated back to JULY 2018. This is the weekly chart so the strength of this move can be absolutely huge. Although we have not broke out yet I believe we will. We have tagged 20 numerous times but we been consolidating between the 20 to 17.5 level for weeks, never dipping below it. The fact that we are...
Made this chart about 6 months ago with the theory that ETH will take over the market. Seems to be working out! Unfortunately, I dont have much ETH due to paying stupid gas prices for things but this is still very interesting. Congrats ETH holders on your future gains!
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Everything you need...
Based on this Idea we Ethereum has a good chance to try to flip $BTC marketcap dominance...at last if doesn't flip bitcoin for sure can indicate a HUGE altseason that crypto has ever seen
Keep the fingers crossed
- The chart is printing a bullish consolidation pattern (rectangle, triangle).
- The Ethereum dominance should reach 27% in next weeks.
- Be sure to hold some ethereum as we are still very early!
- For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio (RRR) - please check my signature below ↓
- If you...
we must see what going to happen
i think its can to be
first up to 25 and than going down to 13 and its came's from the As session scenario
first BTC going up and make BTC.D Bluish
second BTC going slow and become rang
third ETH gong up and make ETH.D Bluish
fourth ETH going slow and become rang
fifth alt gong up crazy
sixth other alts going up crazier
its combination of fundamental and technical analysis on ETH
current condition network is like old fossiled car, it is the best at the design but not efficient now! on the other hand, ETH2 update has already filled half of its road map and all the crypto fans waiting for ethereum immigration on POS algorithm and difficulty bomb. Other alternatives like SOL , ADA...