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Ethereum: Price forecast and Buying and Selling Opportunities.Hello! Let's take a look at ETHUSD cryptocurrency vs. fiat pair and we can see major corrective wave, and now we can expect move upward with motive wave structure. Invalidation of upward move we can get if price level break red line in Box (top box) showed on price chart above. Bullish expected levels are up to 1000±1400. Bearish validation lower than 600 down to 380. In conclusion I can say that I am 67% Bullish on this structure on Ethereum price. Thank you for your attention, make sure you subscribed on my channel as well! BR, Artem Shevelev
by ArShevelev
3
Bitcoin is not dead by now!Hello traders and friends! Hope all safe trades these days, let's take a look at BTCUSD pair on 2D (left) and 1h (right) Timeframes. Im still kind a neutral on Bitcoin for this period, we in triangle so lets try to understand how it moves closely: On the Left screen you can see how many support levels we have under 7500 level: 7500-6100-4900-4300-3600-2900 etc... On other hand we have 3 support lines (blue uptrend ones) they could carry the selling pressure, but there is no sure, so lets take a look at 1h Timeframe on the right screen: On 1h Timeframe we can wee corrective structure (abc's zig-zags) and thats why price consolidates in triangle right now. Bearish scenario activates on breakout from 7300 support zone (yellow box), in that case we will go down to 6100 support level. If the price support zone 7300-7600 can hold the selling pressure - we will probably see bullish continuation up to 9000-10400$ level. Today i will make live stream for russian speaking audience.
BITSTAMP:BTCUSD
by ArShevelev
14