Beautiful Inverse head and shoulders
how people draw necklines is more Art than science
I draw mine like this
Log tgt projects to old highs
So I must be right! lol
I jest
kinda .. lol
You got Eth classic
Now you got ETH not so classic, for this bull market to enjoy as well ... which in speculative terms should do better , just because it hasn't been...
ETHPoW (ETHWUSD) is on an extremely strong 1D candle having closed the November 09 gap and is now targeting the 6.1300 November 08 High, which basically started the collapse to its market bottom.
This is an unstoppable gap fill push on a U shaped recovery that eyes a complete long-term reversal. We can see the next consolidation within the 6.1300 - 7.6100 Highs...
ETHW sits at a Support Zone and above the .0.236 from High to Low at the PCZ of a Bullish Shark. It is bottoming out for the second time while showing extreme amounts of Bullish Divergence on the second Bottom. If this plays out i think it can atleast rise up to the .886 from here.
Ethereum Proof of work is currently in oversold territory. I would expect it to continue its downtrend for another 2 weeks before bouncing of the floor to 20 based on fib retrace. This coin has strong adoption, see Xen Crypto token deployed to ethpow.
ETHW had a nice run yesterday. It hit most of my targets from my previous chart: however it did not make it to the $18 resistance but this coin is so new, support and resistance levels have not really been established fully yet. So ETHW pumped after testing support and is now coming back down to test that same support. A double top has formed and if support is...
Ethereum Proof of Work (ETHWUSD) may be staging a strong rally ahead as not only did it break above the 4H MA100 (green trend-line) that rejected the price on September 25, but the 4H MACD formed the first Bullish Cross in 11 days.
On top of that, with the 4H MA50 (blue trend-line) supporting since September 24, we have the potential of it crossing above the 4H...
ETHW has formed what looks like a nice cup and handle . There is a nice increase in volume this morning and the price is beginning to creep back up towards $14. If ETHW breaks $14 and closes above on at least an hourly then I would say the pattern is complete and a measured move to at least $24 dollars, and then $34 if its still going strong at $24. I will be...
Ethereum Proof of Work was able to complete microwave 4 by zigzag correction, and I expect that Ethereum Proof of Work will touch at least the last top again(grow at least 35%).
Ethereum (Proof of Work) Analyze (ETHWUSD), Timeframe 1H⏰.
Do not forget to put Stop loss for your positions (For every position that you want to open).
Please follow your strategy,...
It is better to take a look at Ethereum Proof of Work today, which has become attractive these days and can give us a lot of profits and losses.
Ethereum Proof of Work is completing wave 3, which is extended; I expect Ethereum Proof of Work to grow at least 20% to PRZ (Price Reversal Zone).
Meanwhile, SMA 21 also works well as dynamic support and resistance for...
ETHW has been moving up steadily. I see lots of buy orders on exchanges with many less sell orders. This is being accumulated in my opinion and is about to rocket back up to previous highs. Next major resistance is around $18 maybe a few stops and bounces on the way to $18 around $10 and $13 but this could run quick since there really is not many to buy at the...
Analysis:
Short Term: Sideways / Consolidation
Strategy :
Waiting for breakout, if breakout upper line, find entry buy
Disclaimer:
There's no 100% accurate prediction & strategy. Force majeure & institutional trader action maybe happen any time. Please use your money management well.
I went back to when Ethereum Classic originally forked from Ethereum back in the day and wanted to see what the price action was like then to see if I could compare it to the new fork ETHW. What do you know the fractal looks eerily similar just on different time frames. Might be a good potential long here on ETHW. This is not trading or financial advice this is...
Hello everyone, let's take a look at the 4H ETHW to USDT chart as you can see the price is moving above the local uptrend line.
Let's start by setting goals for the near future that we can consider:
T1 = $ 5.86
T2 = $ 6.35
T3 = $ 6.78
T4 = $ 7.17
and
T5 = $ 7.78
Now let's move on to the stop loss in case of further market declines:
SL1 = $ 5.56
SL2 = $ 5.21
SL3...
ETHW is good old ETHEREUM proof of work. Transactions need to be mined by GPU by HARD WORK.
Proof of work is most secure form of blockchain.
Numbers are COMPUTED (WORK) not only validated (as proof of stake).
- So ETHW needs to settle down and stabilize.
- There is not much TA to do.
- This coin is to be to buy dollar cost averaging.
- Volume increasing
- It...
