Bad news for those of us who were expecting an immediate rebound. A symmetric triangle (blue triangle) has forming since February 23rd, with base around 1253 EUR and top at 1423 EUR. It's final confirmation would be when rebounding at 1309 - 1314 EUR. Depending on the way you consider its height, the expected drop would be around 1145 EUR. In addition, a flat...
This is a once in a lifetime opportunity to do something crazy and keep/increase your wealth. You will not see these prices in the future. This is made to show you that money printing and low value of currencies don't last forever. Crypto is the next big thing and it already started. Too bad people still don't see this. This is also made to show that I'm one of...
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!
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.
Hello traders, 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...
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.
Hello traders, 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...
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.
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I'm new to trading, so please let me know if I'm missing something? :) Planning to buy back in at C (Wherever that is ?)
Hello traders, The bullish trend isn't over yet, so unless you're an intraday trader, don't panic. The latest ATH at 1510 EUR signals the exhaustion of the flat top triangle (B, orange) formed between January 19th and February 2nd. However, one must consider that some traders would picture a larger flat top triangle (A, blue) formed between January 10th to...
Hello traders, After an agressive correction, ETHEUR is back on its (bullish) track. Right now it is forming a little flat top triangle noticeable on the 5 minutes timeframe. As the price range taken from the base to the top of the triangle shows, we can expect prices to reach at least 1462 EUR, and a new ATH between the previous 1470 EUR and 1500 EUR. Don't...
ETH is braking out!!! on the 2 hour time chart we see a inverted head and shoulder patern forming, the down was 11%, so according to the head and shoulder patern, after the right shoulder, we go 11% back up again. This looks like to be enought to brake the level 1,0 fib. If he breaks, the next goal is 2100. I think that is realistic. In my opinion this is a good...