Nice setup here...I'm Long ETH/BTC and ETH/USD
Just like in Apr 2019, BTC is pushing up against the 50 Wk MA...will history repeat? We have the halvening occurring soon...volume isn't too impressive, so that gives me some pause. I'm currently Long BTC and ETH.
this market isn't capturing the real economic catastrophes that lie ahead
I opened a long position around 134 and TP @ 148 - waiting to see how this plays out. Sitting on my hands at this point
If it can....ETH will be on a crazy ride. Cant wait
Dont take it seriously...let me dream big for Dog's sake
just an idea - i've opened an order around 156
drew this line a few months back - now showing multiple points of strong support. Let's see if a strong rebound is in store
Could be bearish setup here with a rising wedge...
Potential cup and handle formation if $188-189 can hold...already at 61.8 Fib, 4H and 1H RSI are oversold. ETHBTC pair needed a correction, currently at 38.2 Fib. Let's see how this pans out - I'm long ETH.
Fundamentals are strong, ETH is still above crucial very long term support, lots of intentional FUD by analysts in media due to short-termism and excessive price focus. Focus on the long game - ETH will reach new all time highs. Listen to Vitalik's interview in the 80000 hours podcast.
I understand the two are very different fundamentally (BTC with limited supply, ETH with its smart contracts, etc)...but purely from a chart pattern perspective, it was interesting to see BTC's 2015 chart pattern after the second death cross on September 2015...the price mostly stayed flat and then shot up substantially. Of course, ETH has its own fundamental...
A faint shimmer of light appears in the darkness of the bearish abyss that is ETH. Perhaps this candle points to a morning star, depending on how the daily candle closes.
Definitely hope ETH can hold support around $185-188. I've opened a small Long position at $186
MAYBE a pattern from april 2019 will repeat...heck, its crypto...anything is possible.
Long term outlook...ETHUSD pair showing resilience near the long term trend line...MACD on monthly coming closer to a bullish crossover, lots of exciting fundamental improvements to Ethereum starting Jan 2020...I think ETH will have a decent Fall 2019 ($500-800) and truly have a good run up in late 2020 (new all time high? one can dream...).