ETH has been quite strong the past week, showing some real conviction here from the bulls. When looking at the Bitmex chart, we can see volume has increased a lot as well, confirming the bullish movement. Seems this market is changing a bit, at least where the pro's are trading. I talked about this in Dec a several times, now it looks to be more obvious even....
We have three of the major cryptocurrencies as follow, Bitcoin, Ethereum and Litecoin. Whichever one of these moves, we know the other will follow.
Recently Litecoin was taking the lead and now I see Ethereum trying to move first.
There are several signals that are pointing to an up move, and remember, if ETHUSD breaks up strong, we can expect Bitcoin (BTCUSD)...
Hey tradomaniacs and cryptoheads,
welcome to an analysis of ethereum!
My friends, I think it`s time to buy!
BUY WHY?
In this analysis we wanna take a look at time-cyclers which are clearly underestimates and not as common as the classic TA which is basically used to compare price-action or price-patterns.
From another perspective looking at the big...
Using every methodology of TA on here, so obviously nothing is any financial advice. All data is on the chart, including oldschool fibs.
Longmoney
PS. We do have a weather advisory warning. But we value everyone's safety here at LongmoneyX....Flight will be safu.
The $ETHUSD chart is starting to turn around, finally, after a long bear market that started when long term Time@Mode signals expired in December 2017...(Exactly as forecasted back then, and long before we even surpassed the old 2013 ATH)
Now, way in advance of anyone else, we get a very clear bullish picture here. Let's see how things go this time around.
If...
Hi friends! Welcome to this update analysis on Ethereum! Let's get right to it! If you recall from the last ETH analysis, we were discussing how ETH was gearing up for an attempted breakout to the upside of its downtrend channel. Here on the daily chart, we can see that ETH has broken out as anticipated. The volume on this breakout isn't very high, but the MACD...
Ethereum is reacting off of its long term trendline. And is poised to continue upward, where it will face resistance in the 160-200 area. It will then be rejected, and we will more than likely fall to our final support area for likely accumulation, around 50$.
This is a perfect example why I ALWAYS ask that you guys set some sell order for higher than usual prices to catch some extremes when they try and clear stops! I noted on the chart the long candle wick where the STOP chasers cleared the positions and made no follow through on the next 4-hr candle.
ETH has been moving a bit different than normal. I feel like...
is BITFINEX:ETHUSD ready for Bull Run ?
We've been in a long bear market (still in bear) since the intersection of 50 MA and 100 MA.
If the 100 MA is above 50 MA, the prices are falling.
We are now approaching a new intersection.
If the 50 MA 100 MA cuts in, the prices can start to rise.
Of course, according to the movement of COINBASE:BTCUSD everything can change.
We can clearly see that we've broken out the ascending triangle, however, we have to note that we just got rejected by a major sloping resistance line.
If we don't break through that resistance, we're heading down.
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