ETHBTC : ETHBTC is performing a +/- 280 days accumulation phase so far. Worth to keep an eye on. You can start nibbling for DCA; dollar cost average ( allocate small % of profits to buy ETHBTC on spot ) For leverage/ short term traders: Safest entry is a reclaim of 0.035259 ( binance chart as reference; on bitmex , substract the price difference from...
ETHUSD is moving in a weekly pennant right below a bearish weekly OB. I may start positioning a short on ETH with stop above 307 if it goes into the weekly OB again. Keylevel for a breakout to the north = 296-303 If this price area rejects hard, we very likely got our confirmation of a bearish rejection with a possible deep retrace Long scalp within the...
It looks great for a potential upside momentum alligned with the PA of EOSUSD
Eos is located in a bearish weekly OB and nearing a weekly resistance. IF the breaker holds today and we manage to close above the weekly breaker tomorrow/today, its very likely we move higher. For now, I wont recommend to open a long here. Either open long at retrace or at retest after gaining the weekly level and weekly bearish OB. My analysis in my...
Here is my analysis of XBTUSD There is a high chance we are in a distribution phase of an ascending wedge. The way to invalidate it is the green path.