As you can see, the indicators are showing buying signals on 2 hours and 7 hours timeframes, but a Sell one on the 2 days chart!
If you are interested to test some amazing BUY and SELL INDICATORS, which give the signal at the beginning of the candle, not at the end of it, just leave me a message.
huge market cycle fractical? looks scary the same... and I know this is hopium but dang it would be nice. I'm largely invested in low cap alts in the security token sector, primed for a break out(huge accumulation) been holding against Eth for a long time. If this eth/btc chart plays out like 2017 (or even less than) and the alts do what I think they are going to...
Ethereum Broke out a bullish wedge and it seems that is forming a bull flag above a support zone. It would give us a good buy opportunity with low risk and great potential profit.
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This idea is based on the notion that the dominant pattern of ETHBTC since the 2017 All Time High, is a Cup. As you see on the chart, we should be past debating whether or not the market has made a bottom as the price not only broke above the 1W MA50 (the blue trend-line) but is also about to test the 1W MA200.
That brings us to the essence of this idea, as near...
Despite your bias for bitcoin or ethereum we can clearly see that current price trends favour bitcoin over ethereum on the weekly chart.
Price is currently at the bottom of the red shaded price range.
with short-term moving averages and the MACD suggesting a downwards bias.
If bitcoin pops we could expect a decline in Eth of 12% before finding support which...
DeFi Frenzy Overtakes Crypto Market
Positive price pressure on Bitcoin, and the crypto market as a whole, had been building for months since the COVID crash in March 2020.
All that was missing from kicking things over into an actual bull market was a narrative...
Well, it looks like crypto has found one at long last.
If you're new...
Kindly like the ideas if it is helping you and leave a comment
no need to say something , chart is speaking it self .
in the chart:
Target: around 37100
neck line : 32800
Support : 31500
Traders, if you like this idea or have your opinion about it, write in the comments. We will be happy
Things can change...
The markets are always changing...
On the daily chart it appears there is a reversal happening and a breakout of previous wedge.
Weakly timeline does not agree. Showing same old same old with downward movement in a tight wedge. Possible indication of people getting really excited before end of weak and then set...
Consolidation breakout: lower low below support (now turned to resistance imo)
Cosolidation = H&S in this case. But me personnaly don't like such an obvious cliche. Better call it consolidation simply.
The chart above is what I believe is the most likely scenario (apologies to the mETH heads)...be vewwy vewwy careful.
The next two most likely scenarios are presented below (bullish counts). If I am wrong then the price could easily go as high as the mid 0.08x's or higher.