mo.assadi

mo.assadi

MACD has already signalled a pull back with bollinger midline still holding, if we break below the midline could be drop towards 1868-1873 based on fibs and also lower bollinger band movement. Could show potential for a small short. Will wait for price to break below midline first.

mo.assadi Updated 

Seems like ETHUSDT just broke upwards of a bull flag, waiting for confirmation on the MACD crossover for entry.

mo.assadi Updated 

Personal ETHUSDT analysis would welcome any input. 1720 seems to hold the key for another climb towards ATH, think that if ETH manages to break it could see a push towards 1870 with a pullback/correction recurring with a retest of 1720 or thereabouts again. Bullish as there is a inverse head and shoulders taking shaping in the 4h chart. if we cannot maintain...

mo.assadi

clear head and shoulder pattern building on 4h charts, short bull trend seems exhausted, if H&S pattern completes could be looking at retrace back to 1300-1308. gonna grab some popcorn and watch how this plays out. I will enter long position if resistance at 1600 breaks.

mo.assadi Updated 

with each new high becoming weaker in momentum and magnitude we could be heading towards a head and shoulders scenario which could signal a pullback correction to around 1650 levels. Need to monitor volumes and supports closely. However I still believe overall trend maintains positive and 2000 is still achievable on the back of large scale institution buy ins.

mo.assadi

looks like wave 5 will finish somewhere in the 10800 region, with a corrective ABC offering short term support.

mo.assadi

still testing 12150 but this time with a downturn impulse?

mo.assadi Updated 

BINANCE:BTCUSDC Would appreciate input, looks like consolidation/correction wave forming after hitting recent high. very choppy and maybe setting up for a 5 step impulse upwards to retest highs.