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 In Weekly Chart Look like and cup and handle pattern
In the domain of technical analysis of market prices, a cup and handle or cup with handle formation is a chart pattern consisting of a drop in the price and a rise back up to the original value, followed a smaller drop and a rise past the previous peak.
If you are looking for trade oppurtunity then...
ETH has reached an important support level consisting of both the Higher Low of the 1W Channel Up that started with the 2018 bottom and the MA200. This technically creates the ideal long term buy entry.
Since the 2019 uptrend strategically and methodically targets the Lower Highs and Lower Lows of the 2018 Bear Cycle, it is logical to assume that the next target...
How confusing ETH/the whole crypto market can be these days?
Personally imo*, and by the way it looks for now, this is highly likely to be a falling wedge(I repeat HIGHLY likely!). This would be a good long shot at ETH, with a possible stop-loss, if and only if the bottom channel of the Falling wedge is decisively broken(Great risk/reward shot here). Why would...
*Using Poloniex for historical data. Shorting can be done on other exchanges, Bitmex in the case of this analysis.
ETH is within an Ascending Broadening Wedge for its overall history, currently having broken below the lower trend line with the Weekly 60-Day Hull Moving Average and the 175-Day HMA above it at $235. A cross of these two HMA's could occur within the...
Ethereum (ETHUSD) is looking bearish after breaking below support... Let's take a look at the charts on the weekly time frame for ETHUSD...
Let's get started!
First we can see ETHUSD growing since early December 2018 until recently, late June, when it reached a peak.
The low hit on December remained at $80 USD. The peak hit on June reached $363 USD.
Things are turning interesting here.
Decreased volatility for the last few days is an indication of volatile price change is in the near future.
We are more likely to have a rally, than a decline, as we are finishing what appears to be a micro 1-5,abc pattern.
If the price continue to stabilize, this will lead for the price action for Alt coins accumulation,...
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.
New cryptocurrency market!
New set of positions on Ethereum
On the market survive not the strongest but those who are flexible and quickly adapt to the situation.
I recommend you not to look at the market as if it is 2016 - 2018, as it has changed , and now there is the process of muscle building to the skeleton that was formed 10 years .
Now on the market are...
ETH looks very heavy at the moment. Came down a good amount over the last few days and looking likely to continue that drop down.
Be careful looking at longs here. This is USD value. If BTC drops it will drop ETH with it pretty hard.
Rejection of the EMA34 means the downtrend will continue.
This video explains how to set-up SMS and/or Email alerts for the Intelligent SuperTrend (AI).
For those who are not familiar with the Intelligent SuperTrend, the artificial intelligence that operates this Supertrend was created by an algorithm that tests every single combination of input values across the entire chart history of an instrument for maximum...
I still see the bullish picture still intact for Ethereum weekly chart. So long as we don't see a weekly candle closing below $165, the probability of big upside move increases. I am expecting a rally towards the end of Q3 followed by a year-end sell-off. For this move to work, bitcoin is simultaneously rallying to all time high, and $250 billion is...
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Supports—> S1: 190 & S2: 155
Resistances—> R1: 235 & R2: 275
Supports—> S3: 145 & S4: 125
Resistances—> R3: 315 & R4: 350
Ethereum seems to have...
I'm not sure if you were around when ETH made a double top around $400 but I do remember it like it was yesterday.
At that point, a friend bought it nearly at the second double top price. Just a few dollars below that.
He did not listen and as a novice "crypto investor" he wanted to be smarter then experienced ones and even than the market itself.