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Altsignals

ETHEREUM - Refuelling Period... 🕒 Ethereum had a really nice bull run. As with all big momentum moves, price needs to correct to collect more orders before resuming its trend. In our previous analysis, we posted both a short and long scalp idea which played out perfectly! From the chart can see that the 0.5 fibonacci lines up with a previous level where price reacted heavily. It could be that there are a number of orders awaiting there which price needs to collect before moving up. Watch for bears to start weakening and for buyers to come in at the 0.5 fibonacci level.
by Altsignals
BITCOIN - Lining Up PERFECTLY For The Next BIG impulse! 🔥 🚀 In our previous analysis, we spotted the ABC corrective wave back to the major 61.8 fibonacci. There are multiple confluences around the $42.5K level, which are: 1) 61.8 fibonacci 2) Previous Structure 3) -27 fibonacci of the ABC corrective wave 4) 200EMA Support 5) Major trendline support A lot of confluences, which would make the $42.5K area the best place to watch to buy Bitcoin . An important thing to note is that we are currently testing the weekly 21EMA, which we might reject here and move up.
by Altsignals
6
BITCOIN - Lining Up PERFECTLY For The Next BIG Impulse! 🔥 🚀 In our previous analysis, we spotted the ABC corrective wave back to the major 61.8 fibonacci. There are multiple confluences around the $42.5K level, which are: 1) 61.8 fibonacci 2) Previous Structure 3) -27 fibonacci of the ABC corrective wave 4) 200EMA Support 5) Major trendline support A lot of confluences, which would make the $42.5K area the best place to watch to buy Bitcoin. An important thing to note is that we are currently testing the weekly 21EMA, which we might reject here and move up.
by Altsignals
5
ETHEREUM - Scalp in BOTH Directions! 🤑With the amount of money being pumped into Ethereum, there is enough volatility to make money both ways. Long scalps will be better as it is currently in a major bullish leg. For SHORTS, watch for the break of the ascending trendline and short until the guy regions indicated on the chart. For BUYS, watch for the 3970-4000 area. If price doesn’t bounce there, watch out for the 3800 area. Targets for Buys will be previous top $4200 as first target and then $100 increments for following TP’s or stoploss management levels. Watch for buying near the zones indicated and scalp!
by Altsignals
4
ETHEREUM - Scalp in BOTH Directions! 🤑 With the amount of money being pumped into Ethereum, there is enough volatility to make money both ways. Long scalps will be better as it is currently in a major bullish leg. For SHORTS, watch for the break of the ascending trendline and short until the guy regions indicated on the chart. For BUYS, watch for the 3970-4000 area. If price doesn’t bounce there, watch out for the 3800 area. Targets for Buys will be previous top $4200 as first target and then $100 increments for following TP’s or stoploss management levels. Watch for buying near the zones indicated and scalp!
by Altsignals
3