Good morning high risk traders :)
Some more evidence to suggest alts peak still on horizon. Not financial advice. High risk.
BTC holders could potentially look for final gains by buying cheap alts compared to the value of their BTC. There is more opportunity for them than to cash out BTC to fiat.
We possibly found some strong resistance, additionally ETH needs correction due to overextension on TD sequential, while BTC needs some pump and is sitting on some strong support. We will see how its going to age :)
In June 2017, the ETHBTC valuation reached its highest value. Half a year, before ETH und BTC peaked against USD. The situation this year might be different, but I want to gather some possible indicators nonetheless.
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Market Capitalization: $264B
CryptoAsset Rank: #2
24-Hour Return: +5.5%
7-Day Return: -1%
From All-Time High: -10%
Last week, Ethereum completed its Berlin upgrade. The...
A few more people are talking publicly about this inverted head and shoulders, which is good. The fact that it hasn't taken over some of the crytpto-verse is a bit unusual considering how recognizable the formation is and how quick ideas can get around these days. Please, do you own analysis and if you agree or disagree post an idea to get the...
When the Head-And-Shoulders-Pattern's breakout is confirmed by a weekly close above the neckline (0,04), the reach of the suggested target would break the upper trendline, which is drawn from the highest wicks of the mult-year downtrend. also watch out for a monthly close above 0,04. This will create a higher high on the monthly chart and would further confirm a...
Ethereum is crossing a very important downtrend line at the weekly chart. It will be an excellent bullish indication if close the weekly candle today above this line.
Another bullish indication that we are able to read in the chart is that it is possible that eth is close to starting another impulsive wave, the third impulsive wave in its...
I expect a breakout sometime with just 2 large resistance points (yellow lines).
The blue line is showing solid support with higher lows as well.
Should be a great trade this year for people looking to stack sats.
Not too much to break down here.
Most of ETHBTC's major price action seems to follow this tri-top pattern.
Red line through the middle is a pretty consistent point of support.
If you zoom in you can find more tri-tops. Didn't want to clutter the chart.
If the chart is going parabolic, you're likely entering into a new instance of the fractal
Not sure how to...