Cryptolid17

Cryptolid17

In my last analysis trend line was a little bit too low. After a little correction the trendline fits a bit better than before and confirms my old analysis of ETH getting under pressure. After breaking the resistance @320 yesterday ETH bounced from a new resistance @345 to come back to the trendline. At this moment it is bouncing up from there giving us buy...

Cryptolid17 Updated 

For ETH you can see this BIG wedge! Maybe ETH will get under upwards pressure in the next days to break the resistance at ~318.50. Hopefully we will see a new upwards movement after that...

Cryptolid17 Updated 

Price bounced from trendline two times, maybe you can use the next bounce for going long. Alternatively going short would also be possible if price breaks the trendline. But the overall trend is upwards, so I wouldn't recommend going short! Trade carefully!!!

Cryptolid17

Here you can see my view about BTCUSD. A nice triangular pattern. I think it will do one more swing low at time of writing this idea and will then break the resistance on its new attempt. If it breaks the resistance it will go up to 4500, maybe 5000.

Cryptolid17

Main trend is going up, shorttime crash leads to good entry point for taking long position! Wait for uptrend confirmation by MACD and RSI!

Cryptolid17

Will keep my REPs...