ethusdt is forming ascending triangle on week chart and price is at strong resistance just wait when price break the ascending triangle downward then take a short trade or exit from a buy trade it is giving good risk reward so you can go for it ;) PLEASE LIKE THIS POST AND SHARE WITH YOUR FRIENDS . FOLLOW ME FOR FUTURE ANALYSIS ON OTHER PAIRS :) disclaimer :...
It is always a good idea to see the positive things within bad times. The gigantic bullish wedge, tipping to the capitulation area makes it 1) likely to happen to fall back to the mean but also 2) likely to happen to regain momentum for a long position, back to old heights within the next 18 months.
Possible head and shoulders pattern forming on the ethusdt pair on bittrex. I will be watching closely for confirmation of this pattern and a potential short position. If it gets stopped by resistance at around 480 daily resistance level it will be a strong indication we are heading down. If it pushes up to retest the 4 hour resistance at 492 it could potentially...
Following BTC with a big push to break the daily resistance at around 475, ETH is now forming a doji candle just below the weekly down trend line. If this 4 hr candle closes as it is right now then we could head back down to retest the recently broken daily level of support/resistance. It could also signal a continuation pattern and we may keep heading up to test...
Bull (High Probability): 1. Target for Minor 3 Wave of the Medium 1 Wave of the Major 2 Wave = ~500 USD --> Round number + 0.236 Fib of Minor Fib + Symmetrical Triangles --> Almost Oversold on RSI + Support at cloud + support of second triangle Bear (Low Probability): 1. Broke through the 3rd fan (minor). 2. Broke through the support of second triangle? - M.L.S.
Eth had a good pump along with btc over the past day. It is right up against a daily resistance now and if it gets rejected here we have made a new lower high and we will head down to retest the long term uptrend. If that fails to hold up against the bears next stop is a weekly support at around 392. Watching closely for a entry either off the trend line or the...
BTC fell out of its rising wedge but failed to make the measured move around the 5600 area, disrespecting the inherent nature of the pattern. Although it looks to be back in the same wedge, I believe it is now more probable to be in a symmetrical triangle. With quintuple MACD bullish divergence now showing on the negative oscillators on the daily, and with prices...
Hello Just a quick update on my chart, i have updated it with the confirmation of the final wave B just happened at the 535$ , i have then updated all the extension on the wave C Finally, i am expecting a small bounce up to the 505 $ lvl -0.37% in the next hours but overall it looks pretty bearish , check also the stoch that indicates sell and the moving...
Ether just completed cup and handle pattern and looks it's ready for the big jump! however the voulme is very important to complete the pattern.
Long trade on ETH based on Strong RSI over-sale signs, and major resistance zone, ready for a trend change. Target at 25%+ profit and Stoploss at 15%.
Ethereum now in triangle chart he will breakout in the short term: if he cross the triangle down he will go to the support line 866$ and if he cross the triangle up he will try to cross the resistance line 1124$ and trying to fin the new resistance 1125$ Stochastic show he will going up DMI show us the green line DI+ cross the Red linge...
with my analyse ABCD founded he wil go down until 0.618 or he will cross the resistance line : 1380 buy : 1160 Sell : 1500 Good Luck.
hello , with my personal analyse support :866 resistance:1024 to buy : 880 sell:1200 good luck
Interesting coincidence with market downturns and resistance levels