Ether2020

Ether2020 Updated 

Hello friends, It was already some time since my last published idea, so here is a fresh one! You can see here that a head shoulder formation has formed on this 3-day chart The neckline is immediately a crucial point. We have a divergence with the volume and price as you can see. There are also divergences on several other oscillators. A picture say more that a...

Ether2020 Updated 

Hello dear friends, Here is my latest idea for Bitcoin and I hope you like it. As you all can see, a head shoulder formation has formed but at the moment it is not quite clear which is the neckline, neckline 1 or neckline 2. We won't know for sure until the pullback to that neckline takes place. Personally I think it will be the orange neckline 2 but again it is...

Ether2020 Updated 

Dear friends, Here is a new analysis of Bitcoin on the 2 hour chart. Note that my previous analyses remain perfectly valid because they are on a longer timeframe. Bitcoin has formed a perfect bear flag which is also the neckline of the main shoulder formation in the chart. If Bitcoin can break this neckline with good volume and stay above it for at least 3 or...

Ether2020 Updated 

Hello dear friends! Here is my idea of Ethereum on the 3 day chart. A picture says more than a thousand words. The long term trend line from March 2020 is broken in December 2021. Zoom out to see it! We also see different patterns. 1. A very long bearish rising wedge from 2017 to 2022 2. A bearish rising wedge from mid 2021 to now. 3. Possibly but not yet...

Ether2020 Updated 

Hello dear friends, Here is an analysis of Cake on the 10 hour chart. Cake is in a clear downtrend and has broken out downward from the Red/Green triangle. Afterwards, a symmetrical triangle (orange) formed and broke out downward from there as well. We may see a rebounce to resistance 1, 2 or 3. A stoploss in that case is always just below the support (green)...

Ether2020 Updated 

Dear friends, Here is my analysis of OM USDT on the 8 hour chart which in a giant triangle (orange trendline) We see a bullish falling wedge (blue) To go long, the best entry at breakout and close of a candle above it! The entry for long only above 0.1612, stop loss 0.1335. Below the stoploss line 0.1355 expect the price to decline to 0.0856. The targets are...

Ether2020 Updated 

Hello dear friends, If Bitcoin can break through the neckline of the Head shoulder formation upwards we have a bullish signal. With a breakout from the wedge the old top 68k comes back into view as a target. If Bitcoin bounces off the neckline or the bottom of the wedge, we see the bottom line 40k as the target. This is the target of the main shoulder...

Ether2020

Dear Friends, A picture say more than a thousand words. As you can see Ethereum has made a double top. Now it can go 2 ways. Normally we are going to see the target of the double top but there are also the rising wedges. If ETH bounces back on the orange trendline then we can see a triple top or a target of 5000 USD. Note also the very low volume in Ethereum...

Ether2020

Hello dear friends An analysis of Cake USDT. On the chart you find all the details. If Cake stays below the black trend line it is very likely to test the ultimate low. The price has already bounced off the trend line and is on its way to the target. Does Cake break above the black trend line with good volume and stays there then we can go to the upside at...

Ether2020 Updated 

Dear friends, Here is my view on Bitcoin ( daily chart ). I'm not going into the lower timeframes for now as there is too much noise and so you can't see the broader picture. A picture says more than a thousand words. We see a bearish wedge here but it could also be an ascending triangle . It doesn't really matter because more important is the green trend line ....

Ether2020 Updated 

Hello dear friends, A new update on the 12 hours chart for Bitcoin (BTCUSD). We can see here that Bitcoin has broken the neckline of the HS formation and is on its way to the target of 36000 USD. Currently, the price can rise to the upper trend line of the bearflag. However, I expect resistance at the upper trend line of the bullish rising wedge after which BTC...

Ether2020 Updated 

Ethereum update Dear friends, Here is a new update for Ethereum on the 12 hour chart. Ethereum is in a downtrend. We are seeing lower highs and lower lows. Eth is also forming a symmetrical triangle. In a downtrend a symmetric triangle is a continuation pattern. So in a rising trend it is bullish, but in a falling trend it is bearish. Watch the red trend line...

Ether2020 Updated 

Dear Friends Here is a new comprehensive analysis of Bitcoin on the 12-hour medium-term chart. Bitcoin broke out of the trading range upwards on August 6 as known to everyone. If we measure and project this range we end up with a price target of around 51000 USD. The interesting thing here is that this is exactly the 0.618 Fibonaccie level from the top (64897)...

Ether2020 Updated 

BITCOIN EXTREMELY CRUCIAL POINT NOW - Inv HS + broadening Bottom Dear friends and traders! A new analysis for Bitcoin on the 12 hour chart! Bitcoin has currently arrived at a crucial point. The top of the range but there are new elements. We see clearly a broadening bottom but also an inverted head shoulder formation and a very strong resistance in the form of...

Ether2020 Updated 

Bitcoin 4 strong resistance lines + a large bearflag / large head and shoulders formation Good evening dear friends, I have made a new analysis for Bitcoin but the last one is still perfecly valid so best look at them both. Here you see a 12 hours chart and there are a few remarkable things here. First, the concentrated point where no less than 4 trend lines...

Ether2020 Updated 

HS Formation Dear Friends A quick but brief update here on the hourly chart. Bitcoin has clearly formed a HS formation and the neckline of this formation has already been re-tested. The Target is now 34684 and from there we will see again how the structure develops. Also be sure to check out my previous updates on Bitcoin as they belong together. The others...

Ether2020 Updated 

Bitcoin BTC - What is next after the pump and dump Dear friends You see here the 12 hours chart of Bitcoin. This is therefore a medium term analysis. We see that after the pump and dump action that Bitcoin has dropped and is still in the trading range. This range is between the gray zones from 28800 to 42000 USD. How do we proceed in this range is the big...

Ether2020 Updated 

Dear Friends, Ethereum has formed a bearish rising wedge and it has broken out to the downside. The target of the wedge is 1852 USD. If Ethereum breaks out above 2205 this will be the stoploss for the short and it will go to the next level of 2400 usd. We also see the declining trendline which acts as a strong resistance and for a bullish scenario Ethereum need...