At the moment ETHBTC is near to weekly resistance 🦐, we can expect a retracement on previous weekly resistance (red one, left chart).
IF the price will break the ascending channel, According to Plancton's strategy, we can set a nice Long order
Follow the Shrimp 🦐
Here is the Plancton0618 technical analysis, please comment below if you have any question....
Two weeks ago when Ethereum was trading at $265, I called for a buy as seen on the idea below:
It since broke $400 and now I shift my focus on the ETHBTC pair, which is giving me a Sell Signal:
Pattern: Channel Up on 1D.
Signal: Sell as the price hit the...
One of the key principles to successful long-term trading is to 'not be married to your positions'.
Despite our recent ETHBTC Weekly projection for growing Ethereum dominance...
...traders must also keep i mind that markets undulate like waves —...
In the next 12 hours, I will feel confident in making a decision on bitcoin (after 3rd daily candle closing).
Hopefully it give a clear bullish or bearish sign > I will cover BTC in the next post.
I am leaning to a bearish candle as we have many things going against BTC now. I'll cover this in the next post.
If one is to look at ETH\BTC, it can be seen...
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...
10x in ETH is reasonable in the next 18 months
Everyone knows alt season happens after $BTC ATH break of 20k, expecting frontrunning around 15-16k
BTC season 11k - 16k
Alt season 16k +
Expecting altseason to last a solid 6 weeks up to 10 weeks