Ethereum as number 2 cap during " great depression on Bitcoin" (3200$/per Bitcoin) was worth 82$.
Upon Bitcoin rebound was among the first one uptrending and gaining most thefore uptrended 82-157$ (while Bitcoin was moving toward 4200$ and failed in "previous round").
In % terms that is nominal USD gain of 91% which is very impressive having on mind we talking...
Just food for thought, notice how much volume there has been during the bull market? Hardly see the volume. Now looking at the bear market with a lot of green showing in Dec and Feb yet no price increase. Volume is necessary but showing here in this chart tells me another story. It only shows activity not much for where the price will go.
Why be bullish, when there are no breakouts of downtrends at this point?
Personally I’m serious confused by the bullishness of the market lately, while we didn’t break any major downtrend on either Ethereum or Bitcoin and we had a major selloff three weeks ago.
Also, I’m enjoying the typing on TradingView, so I’m going to do that more often in the future, as...
As captioned in the title, the handle seems longer than usual but nevertheless, still a C&H pattern.
Details on this chart.
This is my viewpoint and my opinion. I am not giving advice but only sharing what I see. Do not enter a trade on my TA but do your own homework.
Cryptocurrency is volatile and very risky. Never invest what you can't...
ETH formed a double bottom pattern, a positive signal for prices to rise
ETH needs to break the resistance to confirm a successful double bottom pattern
Remember set your stoploss at $128
Target 1: $150
Target 2: $166
Target 3: $190
We will continue to update the market
Click FOLLOW for the latest updates !!
Ethereum still stays bullish in long run. The price is above SMA50 and the uptrend line. We can expect that the price will bounce from SMA50 and start a new upward movement. The market will be able to reach the uptrend line also, but it won’t break the structure of the bullish market. For confirmation further uptrend the price will have to break the downtrend...
Dear friends! I'm thinking to start a parallel series with the beginner mistakes where I post some of my past private trading ideas in order to show you how my strategy works and how the markets move after the trades activate. This will give you a visual examples that you can follow to understand where your emotions could get in the way of a trade. If you guys...
Will we see $160 before we go down
to the bottom of the channel?
Since the BULLISH divergence in NOV 18
a strong resistance line has formed on the
RSI and ETH keeps getting higher lows
without falling through resistance.
This suggest that we may once again bounce
from it to first see the top of the upwards
channel it currently moves in before going...
Spotted potential Bullish Butterfly structure on Ethereum. This pattern represent completed corrective pattern from the previous ETH massive uptrend move in 2017.
Oscillating indicator signalling upside, conforming with the wave counts.