What lesson can we take from this chart?
1. "Technical analysis not always right", sometimes we need to follow our feeling too.
If I followed my Mar 18th Idea, my stoploss already hit by now. And if that happen should I blame fibonacci and Doji?
2. We have many great analyst at trading view, all of them work very hard to analyze and post a "briliant idea". But...
we hit bearish target at previous analysis, congrats ^^
Ethereum reach very important support right now, if this support break down, bearish will continue to hit 125.35 (maximum target at 114.16)
previous analysis :
ETHUSD is approaching our first support at 133.92 (horizontal swing low support, 100% Fibonacci extension, 61.8% Fibonacci retracement) where a strong bounce might occur to our major resistance at 147.94 (horizontal swing high resistance, 50% Fibonacci retracement).
Stochastic (34,5,3) is also approaching support where we might see a corresponding bounce in...
Hi, welcome back.
We have some important key level for ETH
We have parallel channel up as major trend at Ethereum. This pattern target at resistance around 151.45 and this is a good bullish target.
But we have many bearish sign for ethereum, maybe 151.45 is not easy to reach.
As u can see, fibonacci support already break down, and this is very bad for...
Learning how to trade triangles
After all the confusion created around the current situation I decided to write an entire article about what the market is printing in the charts and how to trade it.
Triangles is a common pattern identified as a corrective patterns in trends. There is a variety of triangles that the market will eventually print in every trend,...
Over the course of the year ETH is playing the same weird game: false breaking up of the triangle and then dump, exactly a year! The question is, when will it finally end...
Considering the events on BTC, tomorrow it will be clear where most of the positions have been opened. I personally vote for a short, as we dumped down, means that ETH will probably continue...
ETH INTRA-DAY BREAKDOWN - 21/03/19 ** IN REDACTED FORM **
What has occurred since our last INTRA-DAY BREAKDOWN FOR ETH ?
OUR LAST BREAKDOWN ENDED WITH THE FOLLOWING CONCLUSIONS :
1. Expect bearish activity to continue on the whole and price is restricted to the upside to a maximum price of 122$. Even more so in real time, we can constrict this...
As I’ve written in my previous posts, I was waiting to re-long Ethereum at $135 and today’s small dump hit $135 to the penny. It’s actually rare that price action lands on .00 but I’ll take it. The last pump led us to $170.00 too so that’s always interesting to see. I am currently long in at $135 and although I did not post this yesterday, I actually closed out at...
Entonnoir : D/H4/M30 (intraday)
Le setup haussier attendu n'est jamais arrivé. A la place, nous avons eu une cassure de cette compression H4 (bleu) par le bas, ce qui a théoriquement ré-enclenché un biais daily baissier.
Mais vu que cette mèche a déjà atteint le milieu du range daily (jaune), il y a très peu de place pour shorter et un gros risque...
THE BULLISH FLAG PATTERN( MAJOR MOVE)
The rectangular flag moving down to the right side, holding its support and resistance levels inside the flag signals for breakout to the upside.
Not much to talk about on BULLISH FLAG PATTERN as we have talked about it on different price analysis.
The only thing different with this chart is the *REJECTION WICKS* which shows...
ETHUSD is approaching our first resistance at 148.01 (horizontal swing high resistance, 100% fibonacci extension, 50% fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 193.46 (horizontal overlap support, 38.2% fibonacci retracement).
Stochastic (89,5,3) is also approaching resistance where we might...
North Korean opposition group Cheollima Civil Defence posted on its website its intention to sell 200,000 G-Visas, Ethereum-based visas, should North Korea be liberated.
The G-Visas are priced for 1 ETH. Currently, ETH is trading at $142.21