Bullish Cypher pattern form on the 4 hour chart.
TP #1 at 38% fib retracement of C-D leg
TP #2 at 61.8% fib retracement of C-D leg
I am not planning to sell at that point anyways. I am still long for years to come.
Ether in December 2020 implemented P.O.S. technology.
This is the part of the fundamental analysis that I think is most interesting regarding the possible increase in the value of ETH in the future.
Essentially, each node will have to freeze 32 ETH for at least 2 years to receive a portion of the transaction validation fees (staking) and to collect both the...
HEGIC is in a 4 hour parallel channel and it appears it is reaching the bottom of it.
Hence it has potential for the next upward swing, which if it follows through could mean a 2x on your investment.
The chart is showing the HEGIC € value (for my EUR view trading purposes).
Hegic has tremendous potential as it provides a platform for on-chain peer-to-pool options...
After 12 months we can now draw a Rounding bottom pattern and, in all likelihood, we can expect it to be close to completion.
Rounding bottoms are found at the end of extended downward trends and signify a reversal in long-term price movements.
So to follow this turnaround pattern could be a good trade.
Best of Luck.
We can see lower highs and lower lows forming in all short term timeframes. Unless ETH breaks this descending channel in the next 1-2 days, the eth bull run is over (normally a 2 day retracement is not a bad thing after such a bull run, but considering Eth futures launch on 8th Feb... Expect very high volatility). I highlight a potential small daytrade long entry...
Waiting for a nice pullback.
Buying this high is for amateurs. Avoid charlatans trying to make your life miserable like their life is by selling you on information they themselves are clueless about.. and boyyyy are they back.
. Learn volume analysis and be a big boy trader.
After a brief correction, ETHEUR is back on its ascending rally. Right now chart is forming a flat top triangle (blue outline triangle). As can be noticed, its height signals the price range, which is around 1500 EUR (thus, it will test again that price). Momentum, MACD histogram and KDJ in the 2h timeframe are below underbought levels, so even if...
ETH/EUR on the 1H timeframe shows the formation of yet another ascending triangle suggesting that a push towards the upside is likely. However, for this push to take place we will need more volume, as it now seems lower than previous days but i am confident that it will increase when the green candle will be closer to the resistance of the triangle ( trend line...
So, another ta from me. First explain: the orange triangles are identical, even as the lines (ctrl c- ctrl v). as you can see, the the lines have the same distance from eachother, so i think its logical that the price goes tot he next top of the orange triangle.
Butt before he reach the next top, i think ETH first go down to around 1016.92 (0.5 in fibonacci and...
After a discrete recovery from it's recent correction, ETHEUR formed and confirmed a rising wedge with a tip on 1328 EUR and a confirmation rebound on 1300 EUR. Depending the height of the wedge you'd consider, the drop would reach 1200 to 1140 EUR. It would be reasonable to set a stop loss on 1365 EUR if the figure is wrong!
We're again near the latest ATH, as BTCUSD and ETHUSD. In the case of ETHEUR, the psychological resistance would be 1600 EUR.
As described on previous analysis, the flat top triangle (blue) which goes from mid January to early February would signal that prices would go up to 1613 EUR. However, a really disturbing ascending wedge (red polyline) has...
This is my very first Idea, please suggest me where I could do wrong. I'd say that ETH is retracing back to the diagonal green trendline, I would expect a bounce around the purple zone. I'd sell for the short term.
Not trolling, just observing how gold and silver are trading vs bitcoin and ethereum.
Has nothing to do with which one will appreciate more or less.
Just understand what's the speculation component of your trade vs currency volatility.