Hello everyone 😃
Before we start to discuss, I would be glad if your share your opinion on this post and hit the like button if you enjoyed it !
#ETH recently break above the 1H's resistance zone and take hold above it, This can confirm the Head & Shoulder formation on higher timeframes.
But this bounce caused the leg up into the overbought zone...
Since late September, ETH has seen quite a substantial bullish move. After reaching the neck-line of the head & shoulders pattern, ETH saw some consolidation due to BTC going parabolic and BTC dominance rising.
However, as of this morning, ETH is finally breaking out of the pattern and making a substantial bullish move.
Target for the current move is placed at...
Just a simple elementary update here guys from yesterday.
Everything still playing out in a bullish way. A Little bearish divergence on the RSI shows we could see a pullback to retest the neckline before upside continuation... What would change this is if the neckline support breaks HOWEVER I ONLY THINK IT WILL JUST DELAY THE INEVITABLE.
Targets remain at...
Right time to jump in to the Ethereum especially if you have missed the previous bull run entry point:
Take Profit between : $3950 and $4000
Stop Loss : As you wish
ETH seems incredibly bullish. A Possible scenario is shown in the chart.
Cup And Handle Pattern:
1- The Cup and Handle is a bullish reversal chart pattern.
2- Safe Entry: Price over 200-day moving average.
3- Most (cup) are two to six months long.
4- Cup and handle patterns can happen on both daily and weekly charts.
What's up guys,
Crypto is looking super juicy for end of Q4 leading into Q1 2022.
All I see is a textbook cup and handle on most cryptos, but let's focus on big boy ETH here.
If you measure the depth of the cup - you have our first target of $6,000
But now - if you consider the last explosion we had in April ... to my Market Cypher junkies... when we got the...
Price is moving in an uptrend and is looking strong breaking previous highs on both LTF and HTF respecting the trendline on LTF. MACD is showing a very small bearish momentum after bullish weakness, but RSI is bought and price is trading above EMA's. I am still waiting to see price's reaction at the 2h supply zone in order to determine future movements.