Finally got the dip down to 1400 levels we had seen last post. Now watching support build uptrend on 4hr chart. A potential for a IHS to finish here for a solid breakout of bigger falling wedge. Below 1400 invalidate s this idea. In long from bottom of right shoulder for a chance of breakout. Keep an eye out 💡👍👍
Was an interesting attempt to retest broken bull trend. Patience is needed here. Not ready to call dip done. BTC hasn't yet hit the 30% dip target yet. And historically I would like to see that 40k area tested before ETH is ready to long. No advice, just fun talk
Enjoying the PA on ETH latley. Plenty of moves to be made. Looking at 1700 area to see if bull trend holds. Currently bear bias until then. But could be a good cheesy long at the target zone. No advice just playing some margin casino.
Very simple to see we broke out with candle bodies for the first time since 14k top. Using the 3day chart shows perfectly with the white trendline. Safe to say we wont be going down. The Gann path has been chosen already. Prepare for parabolic formation.
This is the clear reversal point. All trends intersect here where price touched 6523.80. Right at the .5 on Gann box. This is also why it is important to use Gann fan from this specific point. The Gann fan creates the ascending triangle which nobody here is seeing. This ascending triangle is the bear trap under the .618 ATH fib which every one here, even Top...
Easy to see! anything under this .618 fib is a trap to distract you from the parabolic move coming within the next year to very very high ATH's. GOOD LUCK everyone! Will keep updated on this Ascending Triangle. a move up to 7340-7400 likely very soon to break inside and confirm the mini bear trap.
still watching this ascending triangle play out. looks like its holding support at 7140. earlier it wicked to the pivot point at 7080. this looks to be a bear trap breaking out for a peak, but we should see some action to the upside very soon. break up could be very fast, or we could ping inside the triangle till around December 20th.
Everyone is focused on the inside triangle(Pink) that has obviously been broken to the downside. But with Gann fan from the bottom at 6550ish you can see the real ascending triangle in white. This is in play and has a price target of 9.2k measured move. Be ready as there is also a full moon on December 12th. There also could be a shakeout stop hunt to the downside...
Looking at the ascending triangle on the 4hr chart. Price could explode from here. currently holding 7200 price level. A dip to 7050 possible but that to me would be a final shakeout stop hunt. 9.2k is the measured move within the week. keep eyes open. if Price falls to 6900 levels or lower, Invalidate this idea.
If you like idea or I help you see the bull light....
4hr chart very bullish. All this tether weirdness going on is extremely bullish. Ascending triangle with support of Gann fan, inverse head and shoulders neckline, Super Triangle trend line from weekly chart. Next few days will begin the parabolic bull run. Bull market fully ready to go.