Important to know.
Even if market growth it's not exactly that ETH will be strongest then BTC, but when market fall - best to short altcoins, they go down more then Bitcoin.
MAs looks bad, above the price.
Short by breakout.
Open zone : 0.3034 - 0.2962
Target : 0.2652
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For those who have been following our updates and charts on Telegram, you remember that we've posted the same chart back in December 2018 pending the completion of the green IH&S. At this moment, the market seems to...
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...
Description: When the last time you saw a nice 4.8 Risk/Reward ratio on Ethereum?
Timeframe You should enter this week. Use a stop so you can feel responsible.
Indicators used: r/Ethtrader tearjar full enough to summon FOMO.
Shout out to: The DAO hacker.
If you are a fan of collecting coins and increasing their numbers in your pocket, this market overview is for you.
The main thing we have to note now, the market was bearish and Bitcoin was stronger than Ethereum. But when the price broke SMA100 which acts as the main trend line, a trend reversal was confirmed. After that, the market moved sideways forming a...
The price is in the zone where we should expect for trading opportunities. The market is supported by the uptrend line, SMA100 and SMA200.
If the price reverses from this support zone, the breakout above the signal line will give a buy opportunity. Stop orders for such trades should be placed below the uptrend line. The main profit target should be at the...
This is the sum of some alcoins vs BTC paired.
On this chart I just noticed that we recently hit almost lowest levels for ETHBTC, XMRBTC,LTCBTC,NEOBTC,EOSBTC,IOTBTC,XRPBTC,ETCBTC
Also I can see Wyckoff Accumulation and if this is valid in crypto we are at the bottom of this painful correction, so we might see a bull run soon and if correction is...
The Price is in a fine down channel but it has been rejected during the growing up with a triple head. then it is very possible to go about lower bound of the channel. TP#1 is somewhere about next support level. and SL is a little above
Altcoins already running.. looks like a major marketreversal is in the making.. This Fractal already printed 2 times.. Ethereum to 0,6 BTC until mid August..?! 1600% is possible imo , if this is the market turnaround..
While the price is above the support 0.02735, beginning of uptrend is expected.
We make sure when the resistance at 0.04175 breaks.
If the support at 0.02735 is broken, the short-term forecast -beginning of uptrend- will be invalid.
The RSI uptrend #1 is broken, so the probability of beginning of uptrend is decreased.
Has broken out of an ascending triangle/bullish pennant, and is currently retesting the formation to establish support.
ETHBTC is looking more interesting,
I published a video about the incoming possibility of a BTC pullback and ETH hedge.
Upon ETHBTC, symmetrical triangle breakout our targets are:
If you are thinking about converting Ethereum into Bitcoin of vice versa, this post can be interesting for you.
The price dropped below the uptrend line. It tells us about the trend reversal. From this moment we can consider the market as a bearish. It's time for searching for possible sell opportunities.
RSI gives a reversal signal. The same goes for MACD...