So far the chart shows that we are in fact inside a bearish market. what does that mean for you? It means that you have two choices to (1)build your position which means to purchase more of this coin and be patient enough to be on the upside or wait till everyone is talking about it and never find out what it means to be on the right side of the table either. I am...
Ethereum has trekked higher, breaking through $1341. We are starting to see increased resistance above this level confirmed by multiple red triangles on the KRI. The Kovach OBV is edging up, but we don't expect much momentum to come through today on account of higher weekly unemployment and hawkish Fed-speak. Current levels are likely to hold, but if not, we...
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If you pay attention to the chart, you can see that the asset is now fixing above the strong zone of 0.618 Fibonacci, earlier I marked this level as strong resistance, now the asset is fixing there!
I am not considering a long position...
🔰You can see Ethereum cryptocurrency analysis in 30 minutes time frame (ETHUSDT_ 30min) 🔍💣
💥According to the SUPPLY and DEMAND areas, the price shows a sideways behavior❗ The price was able to break the UP trend line🖤 and then make a pullback💜 to it🧐 If the price returns to the pullback area💜, there is a possibility that the price will fall🔻 from the mentioned...
Ethereum - expiry tomorrow 8am UK - We look to Sell at 1388 (stop at 1421)
The previous swing high is located at 1397.
Bespoke resistance is located at 1400.
We look for a temporary move higher.
Preferred trade is to sell into rallies.
Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible.
Our profit targets...
Hi friends! TRX is moving slowly to it`s targets. I think that the pullback ca help him to reach the targets much faster. Local dump force the weak hands sell their TRX with discount to the wales.
📊 The preconditions to open a long are next:
🔥 pullback to the $0.59-0.62 value area and test it as the support(!)
🔥 the volume growth which confirms the pressence...
Ethereum
Intraday - We look to Sell at 1388 (stop at 1421)
The previous swing high is located at 1397. Bespoke resistance is located at 1400. We look for a temporary move higher. Preferred trade is to sell into rallies. Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible.
Our profit targets will be 1303 and...
The worst thing an Elliott Wave analyst can do is convince himself of a wave count to suit his positions or overall analysis, in fear of being wrong. Ray Dalio billionaire investor was recently quoted as saying. “You won’t be successful if you can’t tolerate being wrong”. Let’s first discuss what should happen if my EW count is wrong.
Wrong Thesis
Whether...
#BTC
At This Update I Wanna Analyze The #BITCOIN Chart At 4H ,Daily And Weekly Timeframes
4H TimeFrame : Ascending Triangle And The Price Is About To Breakdown The Pattern
Daily Timeframe : Currently The Price Faced a Strong Trend Line Also By This Clear Triangle I Expect a Breakdown The 18k Support And Visit New Lows
Weekly Timeframe : Descending...
BINANCE:ETHUSDT
Ethereum is currently moving in an ascending channel
If Bitcoin reaches the ceiling of its trend, we can even expect to break the ceiling of the channel
After hitting target 1 on 101.50
(Analysis 1 is mentioned lower)
our next target is on 108.35
Analyst Elements:
Chart pattern/ wave analysis / wykchyoff theory
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The overall bias for ETHUSD on the H4 chart is bearish. Looking for a potential sell entry at 1438.12, where the -61.8% Fibonacci expansion line intersects with the 38.2% Fibonacci retracement line. The stop loss will be set at 1519.08, just above the 50% Fibonacci line. The take profit point will be at 1193.06, which is the 161.8% Fibonacci extension line.
Any...
TP 1 and 2 - based on the short term (1/2 months), expecting bearish movement with a decent bounce if we reach the second support line. It can keep pushing down (TP 3 and 4 scenarios) or we get back to bullish season.
TP 3 and 4 - it would bring us into a deep deep bear market. Where we would be able to accumulate for another wealth change. (1y+).
Some...
For the most part things are going about as close to plan as you can hope for in markets like this. I have not updated nor touched/moved lines etc.
We are still looking to be flowing as expected and previously shown.
I'll make changes to chart when needed. Invalidation has yet to happen.
Nothing bullish yet on eth, imo double bottom is so much needed to push the price really hard in id term. Breaking nicely 1400 should give us nice run up, reject here and I think we will retest lows.
SANDBOX: Day trade (LONG)
Some trends show some increased trends coming time for SAND
Its very hard to find the right coins in a moment where most coins don't move really, and same time we are in a time where the take profits are faster than before. but trends change with time
If there is real breakout trends or high increase, for 90% we will find them with our...
