I'm very bullish on Ethereum, and Bitcoin.
Much to be bullish about!
It appears that the cycle is shortening.
I suspect the halving will this time mark the top.
Consolidation manages to hold around H1 200EMA after yesterday closes below daily piercing.
At this point there's a good chance we continue to 2230-2145 especially if EMA crossover occurs.
However even if momentum is bearish at the start of the year I don't expect any definite changes unless we close below pattern.
A look at D1 may indicate a larger scale wedge...
positions.
You should have had plenty of time to accumulate bluechip #ALTS and #ETHEREUM
Red candles are a blessing this year, if your still positioning yourself for the next Bull run
We will swing wildly between Hope and Despair on the #WallSt cheat llst
Yet the path remains up.
Remember #ETH was sub $900 last June
Maybe the doubters will change their...
ETH failed to hold within the resistance buffer dropping to H1 200EMA before recovering back above the D1 piercing point (dashed red).
Look to maintain support at this marker for the remainder of today in hopes of triggering another breakout at 2380 by EOY.
If we happen to close below expect a third red daily candle with assumed lows around 2230.
Note that this...
the red line is the 200MA, set alert on the orange resistance line and you can trade the break out, the potential target is the green line, you can also enter now and use the 5D 200MA as a stop loss!
ETH is going to pump hard imo, fomo has not begun!
BINANCE:ETHUSD breaks the consolidation resistance and makes an attempt to enter a new wide range. The target of this maneuver, after fixing the price above the support, may become the area of $3580
The market has been forging consolidations and prolonged retests of the 2300 area for several weeks. After the formation of another set-up, which I warned you...
RSI has been going down and yet the price has gone went up. it will be continue to do so but don't know when it will correct itself. i would say it has a possibility to go down to 18xx - 20xx before heading up.
Hello,Traders!
ETHEREUM is trading in an
Uptrend along the rising
Support line from where
We are already seeing a
Bullish rebound so I think
That it will go higher still
Buy!
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ETH has been channeling to the upside over the past few weeks. I am expecting a big breakout to the 3k range. ETH has formed an inverted H&S pattern inside of an ascending triangle. Both are very bullish signs for ETH.
Bearish divergence idea on the daily timeframe, ETH is making higher highs whereas the CCI is dropping showing a weakening in this up trend and increasing the possibility of a reversal soon.
Shifted trend after a Falling Wedge recently.
Nice Support from wedge to make a new HH
No div
Uptrend
No signs of reversal
Entry, TP 1, SL marked on chart
Notes to myself:
1- ETH is sitting at Monthly resistance and had a closing above during December.
2- Cumulative delta flipped on 4M basis. 4M basis bullish bias. 1st targets range.
3- 6M basis closed below Quarter basis support suggesting this is a reactionary trend into 6M basis range.
4- No expectation of a new high because of the settlement below $1235.
5-...
An early push sends price to 2450 prior to dropping back within pattern after support fails to hold at 2380 critical.
This could be the anticipated EOY breakout so be prepared if wedge fill out occurs from here; a buffer zone has been added to indicate the estimated safety range for bullish continuation.
Be aware of a possible shooting star formation on D1...
This is a chart I shared a while ago. Eth maintains a bullish long-term trend after the monthly breakout. With BTC dominance dropping I expect this to continue into Jan. The green fib is presenting a strong resistance here. Eth will be a lot more bullish after it overtakes the golden .5fib.
