Ethereum just broke upwards out of the fairly long standing descending trend lines, as well as the 50 and 100 day EMAs as shown. It also broke the broke the bearish pressure area at 60-70 on the RSI. I would want to see this trend continue with incresed volume and have a daily candle close above 140 EUR for confirmation, otherwise we'll have another weak move or a...
Let's talk about the last crypto cycle. The bear market since November 15th is in a long term wave I II III IV V. We had to be able to determine a IV with an ABC pattern otherwise we would double bottom at 71€ with a V at the same level as the III. Hopefully, we could end the B wave and start for a brand new C. We have 4 Take Profits. The targets for a C are...
Bullish set-up which can reach 2.5K for ETHEUR.
Minor 1 and Minor 2 (green) waves complete.
ETHEUR should resume the bull crypto market and this cryptocurrency should impress with a 2.5K EUR per Ethereum.
Ether is on my radar more than BTC.
* I don't reply to trolls.
After a long waiting period, we follow an uptrend channel, we entered when we hit 102.75 € and pass trough at 123.6 €, maybe its time for a short time pause and some price consolidation..
If you find it interesting, give it a like and follow my ideas!!
Green trendline support price since 2016. Again the trend line has supported the price on December 2018.
Now price is going down, there are many possibility to see a bottom on 85€.
That price is also connected to the 38.2 fibonacci level.
Price is looking likely to break out to the upside of this diamond pattern due to the recent bounces from 100 EUR, the high success ratio of this pattern, as well as a buy signal on the stochastic RSI on the 1D chart. If this happens, price is likely to hit the upper trend line of the larger triangle at the 0.5 fib retracement level from the previous break from...
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