Called it... and You bet I'll call it again. LONG ETHERIUM boysCalled it... and You bet I'll call it again. LONG ETHERIUM boys.
Chart self explanatory. Psychology is still the same, retailers havent been exposed to crypto yet, biz around it getting built, .... thats the story
Now the trend. The trend is still bullish, shake it side never letting it drop, throw some bearish news, then BANG. ETF im longing here after seeing the 'Bearish Sentament' same ol same old.
Etherium
ETH - 4 Hour My thoughts - 83% Bullish? Hello everyone!
Next update on ETH, looks like we have a pattern boys, I'm I right here? looks like it to me... :)
SHORT TERM: Neutral (slight dip then H & S)
MID TERM: Bullish
LONG TERM: Bullish
The problem with this call is that BTC determines a lot for all alts... that said, BTC is forming a few short term bearish signs that i'm going to chart that as well. So this could go south at any time...
SO PLEASE SET STOP LOSSES! Oh and if you see any trade options on my chart, DO NOT base yours on them, do your own home work... Keep in mind, any H&S percentage is is a little over 83%.
PLEASE Keep in mind the trade zone is only for SCALPERS with the ability to set stops... ALSO, it is a high risk, because the open position is lower that the high resistant zone, so please keep that in mind, so 365 to open is safer..
I am not an adviser of any kind.
Please LIKE and FOLLOW if you like my charts, and please if you are looking for a platform to trade using all stop (the safe way), take look at the link on my signature...
ETHERIUM ASCENDING TRIANGLE - WILL IT HOLD SUPPORT?The ascending triangle is a bullish ‘continuation’ pattern that signifies a breakout is likely where the triangle lines converge. To draw this pattern, you need to place a horizontal line (the resistance line) on the resistance points and draw an ascending line (the uptrend line) along the support points.
etherium with good profit!The Etherium is best and powerful cryptocurrency and if you want to investment your money then you must to know future in hand of Etherium.
Because thousand and thousand projects creating by Etherium. Then you must to keep some Etherium inside of you pocket.
The Etherium made double BTM and the tp can be 1373$ based on price action.
Good luck
Etherium (ETH)Who will be the winner in the long term? The $USD? Gold? Bitcoin? Etherium? I see a trend forming. June was a strange month for cryptocurrency. Equity prices were volatile, but making huge gains, while the price of both etherium, bitcoin, and gold traded sideways. Then since late July BTC/USD surges 27%. Values of ETH/USD are reaching particularly high levels (+75%) since July 22nd (17 days from the time of writing). Gold is up 45%. I believe the flight from the dollar to these assets is out of fear of inflation in the long term (over the next 5-8 years), and the hopes that a halfing in the staple crypto asset, Bitcoin, recently will deliver higher BTC/USD prices due the ever-decreasing flow or creation of new bitcoin. These two predictions may in fact compound one another to send cryptocurrency asset prices parabolic. As long as the United States government allows the use of cryptocurrency and remains the dominant world power, ETH is a good bet. I believe it will drive our technology driven environment into the future with new services and machines.
#ETH/BTC Fractals indicate a 38% rally!Hello guys welcome to this quick setup.
#ETHBTC just broke out of the resistance trendline and currently retesting the flipped Support.
Fractals showing last time it happened ETH rallied almost 38%. This resistance is 106 days long.
IMO this is a good time to add ETH to your portfolio.
I have bought a big bag and will be holding for for few months.
This isn't a short term setup, rather a long term setup.
I will buying every dip if it comes.
WHAT DO YOU THINK about this setup ?
Do share your views in the comment section. Feel free to like this update if you agree, your likes won't cost you anything but provides me a motivation to bring moe of such quality contents for free.
#PEACE
Etherium Long 357-333 USD!Etherium trading plan!
Etherium 1h support levels are:
337 - 333
Long STOP LOSS: 329 (Make sure to use always use a stop loss!)
Etherium 1h resistance levels are:
342.4 - 344.9
Short stop loss: 349
The avg. buy price (when laddered to the buy box) is 335.
The avg. sell price (when laddered to the sell box) is 343.6
From this long we are looking to profit 2,55% with a risk of 1,80%
IF YOU USE MARGIN ADJUST ACCORDINGLY.
Have a nice day! :)
ETH/USD Trend Cycles Analysis - Smart Money WatchHello everyone,
As I get use to setting up trading view, just be patient and any constructive advice is welcomed. As some exciting developments happened for ETH/USD. We will look how to prepare next. If you want to look at my previous article on the chart, check out the profile.
What did I do:
• Drew horizontal rays for resistances/supports
• Drew Fibonacci Retracement line from December 6, 2018 (low) and on.
• Drew vertical lines to establish long term trends
• Date Range the vertical lines
• Price ranged the trends in between the vertical lines
Setting:
December 6th, 2018 - June 19th, 2019
- Price increase: $281.90
- Uptrend: 202 days
June 19th, 2019 - December 17th, 2019
- Price decrease: $247.70
- Downtrend: 174 days
December 17th, 2019 - February 14th, 2020
- Price Increase: $172.71
- Uptrend: 59 days
February 14th, 2020 - March 13th, 2020
- Price Decrease: $201.72
- Downtrend: 28 days
March 13th, 2020 - July 26th, 2020 (Continuing)
- Price increase so far: $220.97
- Uptrend so far: 134 days
Idea:
I thought this would be helpful to layout the long-term trend to give people a better idea of the journey. As history is the best thing to learn from. Seeing the trends would indicate maybe the momentum of the market and seeing who is driving.
Bullish Idea: Since we broke $289, we have made a healthy climb until now. Our next target is $360, if we can get a healthy break that. It is time to find another resistance line.
Bearish Idea: We lose steam or have a hard rejection at $360, if this were to happen. It would be interesting to see how far the price will be driven down and how long. Historically, they were to take a 200-250 downturn (about 65-70%).
Conclusion: Breaking the kangaroo cycle. The only way to confirm this if our retracement were to land a healthy height over this current 597-day period of bouncing. We will not know this until this current uptrend is over. Once it is, it will be telling to see the sentiment of the market during the downtrend. To see if we have bounced out of it 😉. As always, have a great Sunday, enjoy yourself, family, friends and hobbies.