--Cheat Sheet-- - Very quick guide to learn how to trade efficiently.This one is truly special for you guys. I don't think I need to provide much more detail, as it's all explained on the text.
If this is something you would like to see more of, then please, let me know.
I very much loved preparing this.
Market in last 24hrs
-ETHUSD saw an uptrend after getting support from Lower Bollinger Band
-Price volatility was high. The market moved ~5.04%, between $396 and $377
Today’s Trend analysis
-ETHUSD expected to see a slight uptrend as the price was trading inside the band and higher lows were observed
-Price at time of publishing: $390
-ETH’s market cap: $44.4...
Seems ranging or steep correction might be at play given the cross over on the daily MACD. I'm in cash currently...if range is confirmed, I'll probably open a position around 365-370. If major correction, looking to jump back in around the 50 DMA.
Ethereum is currently trading within a bull flag and a breakout on top would see next major resistance at $545 (42% upside from current levels) which is the 61.80% fib level.
- Bull flag pattern
- RSI bullish divergence
- MACD bullish divergence
- Volume analysis
- take a look at volume on the top and bottom price action of the...
Most of my Analysis is on the chart but to some it up i think we go up to the .618 FIB around $550 but for that to happen we must break through the few areas of resistance from $400 to $425 as depending on Bitcoin price action this area could be a likely spot ETH could reverse and make a lower high similar to what Bitcoin just did a few days ago. On the downside...
Quick Analysis before I get a few hours of sleep. The 4 Hour on ETH is too me screaming that positive price action is about to occur and should really start gaining momentum after we break and sustain time with coin accumulation above $400. Check out the MACD Showing lower levels of bearish momentum and we are about to get a bullish cross. So For me with ETH as...