The trend analysis says it isn't game over for ethereum either. We keep out eyes on btc as they might pump a time or two more. However at this point it is hard to say if the short term bottom is in yet, or if we dip lower another time within the next 4-8 hours. I think it would be wise to wait for a confirmation on this trade cause the SL would be places very...
The chart says everything i guess.. Rejected if we dip below LWL, but that doesn't mean it won't give a bounce.. SL could be good below LWL Target 20800 - 21200
Bullish scenario will take us out of the channel to the upside and possibly create a head and shoulders pattern which can bring us to the 35k level. Personally i am mostly bullish at the moment myself, but it bothers me a bit that we didn't take out liquidity above 32.7k, does it matter? A good entrance for this setup will be 28.5k - 29k idea rejected if we break...
I've added some very possible support areas based on liquidity and support levels. After we broke down into the range it is not unlikely to take out some of these levels. Personally I am waiting for a sign of support as these levels in my opinion has a high chance of proving as reverse points, but of course there is a risk that we break through the lowest which...
Technical analysis and possible outcomes. As we seemingly but not surely yet are creating a channel, it should be possible to start making some guesses about the future. This is from a HTF perspective, considering the fail or success areas to break and stay above to continue an upwards trend. Take a look and let me know if you have questions and whether you...
Hey guys'n girls, After yesterdays pretty brutal dump and the break of the upwards trendline, it is unclear if the bullrun continues or if it's over.. For continuation we have a still intact trend (above 40,6k I'd say we are still bullish but with caution.), volume is stepping in plus a heavy rinse of leveraged trades. We should get a bounce from around this...
Putting some lines on a logarithmic chart can hopefully give us an idea about where we should expect to find a next all time high. I noticed that there have been an decrease in the run by 5 times after every last 2 tops, which could lead us to around 90.000 on next top. What is your top guesses? Lets create a target! Happy trading! (Next time i will remove...
It is pretty early calling this one, I just love these crypto expressions, but picture shows basically everything. Taking a look at ETH/BTC we are closing in on the bottom of a falling wedge. But lets see, happy trading!
It seems that we are trading in an ascending channel created recently. usually that would have a bearish outcome, but i do not see the reason for any larger pullbacks than the red line by the time. This is going to be my first BTC bull market, and from what i have heard around, then the price rarely breaks out to the downside, at least for very long. As...
I have discussed this possible break out on BTCUSD and ETHBTC as well, and for now they all seem to be confirmed. However the targets i have i find highly plausible, but this is the first time i actually put targets on an idea, so please dont follow this blindly. But as we still are trending with HH's and HL's, and therefore i even find it possible to go higher...
The chart shows the idea pretty well, however i will comment on the 4h and 1d indicators and last breakout attempt. Recently BTC succeded to breakout out the first symmetrical triangle to the upside, which has left the first downwards trendline to seemingly become support. 1. attempt happend a couple of days ago, but it failed to stay above as there came some...
Along with ETHUSD there have been a break out of the falling wedge that have been going on for around a month. ETHBTC broke out earlier today to the upside, and ETHUSD broke out yesterday which helps to approve the confirmation. Next step is to take out the Ichimoku's Senkou-B line on the 4H chart around .0336 as it functions as both resistance and the same point...