It's pretty clear now that we're at the beginning of the next bull cycle. I drew an uptrend from the bottom of the market on December 15th, and so far its been respected. That hammer candle just nailed it in, 8 months later. (no pun intended)
ETH looks like it will have 3 parabolic waves up to its current ATH. So at the time of writing, ETH looks like its...
Ethereum is currently trading between a major support (green) and a resistance line (red).
Many people are calling for lower than here...
If the green support line holds though, this could be one path that we take to eventually break the major resistance line and move upwards?
I see no current reason for the support line to be broken, therefore I don't think...
Reasons for open position:
- Price near strong resistance zone
- Price made pullback to previous broken trendline
- Target is 2nd trendline, which the price could not break
Guys, if you like the idea please put like button and if you have your own ideas you can share it in comments, I would like to see it.
Also, you can ask me questions which...
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 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
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Quick video to show this little trick using the Replay mode that allows us to load more historical bars than real time, and thus get a better picture at how a strategy can perform over time.
The Strategy Tester re-calculate the results everytime we load new bars, as the indicator strategy is correctly applied to these new bars.
I got the confirmation from the...
Often I hear from some other traders how we can not buy since there is "no volume"!
I don't think so since it makes sense that there is "no volume" (yet). That can be good, not only bad!
Usually, the volumes are the highest at the low and the top of the hype.
In between, they vary a lot since the situation is not that clear. A lot of uncertainty starts to...
Hello and welcome! at the moment I suppose the formation of a local correction
in the second sub-wave, with the possible subsequent release of prices in the third as part of the senior third,
the first minute wave level,
where are the key levels at $ 197, which in case of intersection cancel the current idea in favor of...
I just checked my first post on ETH here on TradingView (November 2017) where i just drew a trendline.
I was surprised to see that the trendline i drew then is still intact.
I recommend to always zoom out before making any decisions, looking only at details can be misleading and lead to bad decisions.
The line in my chart is the up-trendline i draw in November which has been tested a few times but never broken since then. I am watching this line since then.
If the market can not recover and will start to close candles on the 4H chart under this line then Ethereum is realy in trouble and you should be ready to buy on the bottom after signs of life.
I`we been watching ETHUSD behavior on this line for a few days. ETH just bounced off it.
I am watching for it to bounce off 330 next.
I am long since 297. My personal opinion is that ETH is strongly undervalued.
Happy Trading :)
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...