It is only for education or little play and it is to crazy to give prediction for 4 steeps but in my mind is also possible. So lets try to make this trades now all with SL and Tp
Sl are red lines and we have targets for all positions!
-First buy is (we are in triangle now) when hit the lower line of triangle,sl is under that line not too close ,Tp is TP1
Spotted Rising wedge inside rising wedge and the inner wedge breakdown which will terminate the end of our sub wave iv of wave 2-3 of Big RISING wedge then from there the rally should continue to the upside to complete wave 3 where we have wave C of Big Rising wedge.
The chart is well explanatory and the suggested entry zone is also specified with ...
Ethereum has strong correlation with Bitcoin as all other crypto coins too. We have to take this fact into consideration when we start thinking about possible market movements for any altcoins. So, the stable uptrend will be started in this market only after uptrend starting in BTC market.
If we look at the current market, we can note following important ...
A bullish pennant pattern is probably being built on 1H timeframe. The prices are pretty much supported by EMA 12 during consolidation with the bulls intended to push price through the upper line of the pennant.
Target: 140 ( the length of the pole)
Stop loss: below 124.54
When price turns down and break below 124.54 level, that means 1H uptrend has been lost ...
Since the Ethereum price is entirely dependent on Bitcoin and Bitcoin itself is expected to keep its bearish momentum for a while, we assume an extension of ETH's gigantic falling wedge.
On a final sellout and panic incident, we see the real capitulation between $15 and $25, which would set ETH slightly above its mean before the 2017 bull run.
But note: In that ...
Hey guys price moving in Rising wedge pattern which implies possible drop in the Ethereum price.
Suggested buy zone is shown on the chart and my advice will be to accumulate the entry towards the 138$ level as we still have more room up to go in ETH.
The portion on the chart with GREEN elicpse shape is a big place to watch with close attention. What happen to ...
The medium-term corrective wave has started a 2-week repurchase cycle, pushing ETH prices to over $ 200 in the near future. This is a good opportunity to exit and wait for the ETH buy zone with the new price target with the first bottom lower than $ 15
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head & shoulders or 2 head ?
if candels closed below 112 it means head and sholders faild and we will see eth @80 usd soon
if not we can expet price go up frome here 115 usd
we should see which one of that can complete ?
my idea is head & shoulder is more possible ....
The rising wedge had been formed for nearly a month. Today the trend broke out and ETH is down over 16% last 12 hours. That proves how fast it is for a massive dump.
BTC’s fall will continue to be the main factor causing the dump of ETH next two months.