It's pretty clear now that we're at the beginning of the next bull cycle. I drew an uptrend from the bottom of the market on December 15th, and so far its been respected. That hammer candle just nailed it in, 8 months later. (no pun intended)
ETH looks like it will have 3 parabolic waves up to its current ATH. So at the time of writing, ETH looks like its...
Direction: Short
Reasons for open position:
- Price near strong resistance zone
- Price made pullback to previous broken trendline
- Target is 2nd trendline, which the price could not break
Guys, if you like the idea please put like button and if you have your own ideas you can share it in comments, I would like to see it.
Also, you can ask me questions which...
My strategy: I used many techniques in my analysis with
- Price Action is a trading technique that allows me to read the market and make subjective trading decisions based on the recent and actual price movements.
- Price Channel is a pair of parallel trend lines that form a chart pattern for a stock or commodity. Channels may be horizontal, ascending or...
ETHUSD bounced off its support at 189.21 where it could potentially rise further to 371.18.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
Often I hear from some other traders how we can not buy since there is "no volume"!
I don't think so since it makes sense that there is "no volume" (yet). That can be good, not only bad!
Usually, the volumes are the highest at the low and the top of the hype.
In between, they vary a lot since the situation is not that clear. A lot of uncertainty starts to...
Quick video to show this little trick using the Replay mode that allows us to load more historical bars than real time, and thus get a better picture at how a strategy can perform over time.
The Strategy Tester re-calculate the results everytime we load new bars, as the indicator strategy is correctly applied to these new bars.
I got the confirmation from the...
Hello and welcome! at the moment I suppose the formation of a local correction
in the second sub-wave, with the possible subsequent release of prices in the third as part of the senior third,
the first minute wave level,
where are the key levels at $ 197, which in case of intersection cancel the current idea in favor of...
Volume Profile (The explanation here is extremely detailed. The actual use I explain is the second bottom half)
1. Introduction
2. Use Options
3. Terminology
4. Example
5. Conclusion
1. Introduction
The Volume Profile is an extremely useful tool that can give you an expanded view of actual price pressure if you struggle to find support levels.
There are a...
I just checked my first post on ETH here on TradingView (November 2017) where i just drew a trendline.
I was surprised to see that the trendline i drew then is still intact.
I recommend to always zoom out before making any decisions, looking only at details can be misleading and lead to bad decisions.
Hi everyone,
This descending wedge has to break eventually, and upside break of this trend-line is what the long-term bulls are waiting for. The weekly RSI approaching oversold territory. Also, we are currently trading at the descending wedge support, as well as the bear target on the fibonacci - 1.414% extension level. Also, we are seeing higher volume, which is...
Hi guys here we have BITFINEX:ETHUSD which we can see is touching a VERY important trend-line dating back to the bull run that started in 2017, also a symmetrical triangle has formed.
After our incredible long last year to new ATH gave us a very similar opportunity!
This was followed by our short...
Winter has come. Are you ready?
Ethereum to 145 or so.
Find Start Algo #1
Find End Algo #1
Find Start Algo #2
Find End Algo #2.
Following the matching colored boxes and bubbles.
Just think about it....
But I can most certainly be wrong... I most likely am honestly. But what do I know.. i am a n00b at all this stuff.
As always, thanks for looking!...
The line in my chart is the up-trendline i draw in November which has been tested a few times but never broken since then. I am watching this line since then.
If the market can not recover and will start to close candles on the 4H chart under this line then Ethereum is realy in trouble and you should be ready to buy on the bottom after signs of life.
I estimate...
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