Range broke to the upside, just now retesting 185 support, if this holds we're going up. If we can't hold 185 retest we test 182 range low, if that drops we got a long way down fellas.
That said I like this setup and im long.
ETH found support on our pink dotted trendline which seems to be pushing the price towards our main downtrend resistance line (top blue dotted trendline). We are near the end of our consolidation, will we breakout to the upside or fall back down within our descending wedge?
EMA's'(yellow/purple) looking for a bullish crossover on the Daily.
I have supports...
Golden Crossover on Hourly , History tells more upside to come but 50 MA to be retested before running up so going to play a risky short here and probably long the 184 region. I have posted both swing long and scalp short plays on my chart.
ETHUSD bounced off 183.90 where it could potentially rise further to 197.42.
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Right now ETH looks like it's currently within the parameters of a falling wedge it's also broken down through many of the major support levels that is has created during the start of the bull-trend and has so far been treating the old support as resistance.
The breaks of support had resulted in an over all dip of around 60% from 2019's all time highs but since...
A few days ago I made a call to trade ETH 25x leverage long on bitmex using $180 as a support level and the trade has now matured slightly in the right direction however at no point did ETH go below $180. In my opinion that is a solid call and has provided me with ample profits, further analysis tells me that we could possibly see $190 and should we I will hit the...
In Ethereum (ETH), all we can do is reiterate what we have been saying for a few weeks. We are bullish Ethereum (ETH). We think Ethereum (ETH) is going to outperform Bitcoin (BTC) in any rally phase.
We also think that Ethereum (ETH) can rally even if Bitcoin (BTC) sits still.
Bottom Line: We are looking for Ethereum (ETH) to lead the crypto market higher. We...
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Trading Strategy: Martin Momentum/Trendline and Martin Trend Trader
Update: Today we chat about why I love crypto so much and how crypto never sleeps! The short trade is down 2.57% currently but can bounce back! Stay consistent! Stay positive! Get the Martin Trend Trader and the 6...