A possible Head and Shoulder is formin in the short term. This movement could definitely play out since the bulls want to take a breath in this big rally. The target I am watching is 3000 before going even longer. With that being said, please trade responsibly and always DYOR.
Good Luck Everyone!!!!
If you noticed bull trend line played really well in this cycle, however, the bears seem to gain control of the market in the short term. The bear trend line is a representation of a lower high but not a lower low has been formed just yet. In my opinion, I believe this a bear trap and you should be smart about your decisions. Fundamentally speaking I do not...
A fib retracement from the beginning of the bull to the highest point shows at 68.1% is very strong support. This support is really important because if it breaks on the downside we are in big trouble. However, fundamental analysis and volume are not there to support a downtrend. Instead, this key level can be considered an accumulation level. So make your...
An uptrend head and shoulder was formed during this morning’s dip. I believe we have a volume for this patter to complete.
As any other ideas, DYOR and trade carefully!
AN UPTREND TRIANGLE HAS BEEN FORMING REALLY WELL AFTER THE CRASH. THIS UPTREND TRIANGLE CAN BRING US BACK TO WHERE WE WERE IF WE CAN BREAK THE RESISTANCE SHOWN. IF THAT IS THE CASE, THIS TRADE IDEA COULD PLAY REALLY WELL.
WARNING!!! PLEASE TRADE RESPONSIBLY, DO YOUR OWN RESEARCH BEFORE TAKING MY WORD. IF YOU FIND THIS IDEA USEFUL LIKE, FOLLOW, AND COMMENT.
IF...
DURING BULL CYCLES WE HAVE SEEN VERY STRONG SUPPORT CONTINUATION USING A FIB RETRACEMENT @0.38 IF THIS FAILS, THE PRICE CAN STILL FOLLOWING THE UPTREND TRIANGLE FOR THE CONTINUATION OF THIS PATTERN. EITHER A BULL CONFIRMATION OR BEAR CONFIRMATION IS NOT YET CONFIRMED TILL WE SEE A BREAKOUT EITHER IN THE UPTREND OR DOWNTREND.
HOWEVER, I BELIEVE THE BULL CYCLE IS...
In a couple of weeks, we could ETH price consolidating until it catches some momentum for its next price target. This was performed by taking the averages of dumps and previous rise prices.
this analysis provides an analysis of ETH/USD in the next couple of weeks.
we can see the market testing a strong resistance level if this resistance level is break we will see ETH going to the next resistance level created in 2018.
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The price of ETHUSD has respect the levels of support and resistance. If the price breaks the resistance level the price could experience a reverse to the 0.38 or 38% on the fib and eventually go up to its next resistance level.
