Going to leave this simple intra-day analysis for you to have an update as we head into the weekend. In-between the educational stuff, I will be updating major coins for you guys to check in on for your intra-day trades.
This is more of an approach I take when looking for quick set-ups. Albeit a lot tidier then usual, it hopefully will give you an idea...
Bitcoin (BTCUSD) set a peak on the 2nd of August, the same was true for Ethereum (ETHUSD)... But now it all changed.
We've been looking at Ethereum and Bitcoin moving together for years... ETHUSD tends to follow BTCUSD.
Yesterday ETHUSD produced a bullish breakout and moved above the peak price hit back on the 2nd of August...
Does this mean that Bitcoin will...
Hello, Traders Investors And Community, welcome to this analysis where we are looking at ethereum, the recent events, the current formational structure, what to expect the next times, what needs to fulfill in order for possible incoming confirmations and how to handle it in the right manner. Ethereum has provided similarly to bitcoin a longer-lasting sideways...
Market in last 24hrs
-ETHUSD saw an uptrend and broke the upper band
-Price volatility was very high. The market moved ~14.89%, between $432 and $376
Today’s Trend analysis
-ETHUSD expected to see a breakout as double bottoms observed
-Price at time of publishing: $423
-ETH’s market cap: $48.2 Billion
-Oscillator indicators are mostly neutral. RSI at...
In the medium term, a rollback to support level $ 361 looks good. This is evidenced by a number of factors: the sideways trend, after 2 touches of support level $ 361 (07.08), the price could not go to the upper border, which indicates the strength of sellers. Therefore, the short looks good against the current ones, or rather the price rise to $ 400 and then a...
Nothing has confirmed to have broken down yet, but nothing has broken bullish. As of now this is all still corrective. Longs did well this afternoon but take profit sooner rather than later. Re-entry is always possible. ETH looks the best for a breakout in my opinion, the rest don't look as great. Working out some bullish counts now.
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It rose by breaking through the 390 point.
It remains to be seen if it can rise above the 457.99 point.
You need to make sure you can get...