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Reasons:
- Price in downward channel
- Price in Triangle
- 1st target is bottom part of Triangle
- Bottom part of channel coincide with bottom part of triangle
- Always do your own research
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Thank you for your...
The coin is still trading inside the horizontal channel, however during the recent impulse bears showed their teeth, while bulls were very weak. Downward movements are in priority now, so we expect the price to hit the down border of the horizontal channel. Moreover, the price came back to the zone below $186. Targets for SHORT are $181 and $177.
ETHUSD is currently getting squeezed between several major Daily EMA levels. These being the 100 and then higher up 200 EMA which are acting as major resistance. Then we have the 50/20 DEMAs which are acting as support.
These Daily EMA's have not been this tight for several months. Which once there is a close above or bellow these levels, it is generally a...
ETH is forming a ascending triangle for the past 2months, upward breakout will be in 2weeks...
T1 = 233$
T2 = 282$
T3 = 318$
T4 = 363$
T5 = 422$
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This is how I see ETH from the weekly perspective.
This is a ETHUSD weekly REVERSE chart.
A weekly close above the red line and moon on the reverse possible lol
Short ETHUSD with leverage likely dump soon. Pennant formed reaching completion. Theres a difference in a flag and a pennant to me doesnt matter if following a pump or a dump, I short em no question asked I look for them hiding in all timeframe. This is ETH on daily, rather large pennant likely to spew out red candles to the downside. Good luck and happy trading.
Ethereum looks a lot like its big brother Bitcoin, charts are the same, they just have different targets.
Bitcoin wicked 9950 resistance on it's spike up, where Ethereum wicked the bottom of it's trendline and $188 resistance. Now the next move in both coins is breaking through these levels they tested, and Ethereum looks like its going to do that before...
Weekly er Uptrend av higher and higher lows
3days trenger en open og close over 21e bror
Så dette er en mer langsiktig analyse chart, tenker jeg tar btc nå, for dette var egentlig gøy, haha men skulle ha smoka siden jeg venta med det pga jeg ikke ville la deg vente hehe
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