ETHUSD#ETHERIUM from my last analysis on May 19 talks of the long movenemt in recovery
possible upward trend also possible as the resistance of the 196 zone has been broken kindly support this idea with likes and comments
Etherium
#THETA/BTC Another 50%+ Profit potential SetupHello everyone, Firstly read the previous THETA update. i'LL DROP THE LINK IN THIS UPDATE.
How it played out perfectly and what I expect now?
Here's the chart Observe it.
I believe we might get some retracement from here to 1290 to 1400 region which will be my BUY levels.
Current Resistance levels are 1540ish..
BREAK ABOVE IT WILL CONFIRM NEW LOCAL HIGHS.
TARGETS ARE SHOWN IN THE CHART.
#Peace
#BTC/USD 1D Halving TargetsHello everyone,Welcome to this update.
If you remember in my previous updates I told you the herd is bearish so it will go just the opposite side.
That was a quick pump right there.
Almost no one knew this is coming.
You can see in my previous update I speculated this move to break $7200 level and then $7400, $7600 and then $8300 but not that quick.
Well this is BTC, It never loses the opportunity to surprise you.
NOW WHAT?
Well let's come back to the chart. BTC broke above the important resistance around $7200 + $7400.
The green zones in the chart are the important resistance levels. I expect BTC to retrace to $7450 level and then continue it's rally towards the CME GAP $8300 keeping in mind we need to breach the $200D MA as well. THIS IS MY HALVING TARGET: $8300,
WHAT YOU MUST PAY ATTENTION TO: THE LOWER GREEN TRENDLINE SUPPORT, As long as we hold this trendline I expect the prices to go to the upside. The breakdown will be bad, UNLIKELY but possible.
BTC also broke above the maroon trendline resistance as you see in the chart.IF THE DAILY CLOSES ABOVE THE 7460 level I expect it to reach to the 200D MA Level soon which is $7992.
The important Resistance levels are drawn in the chart, please observe closely.
Most important support right now is the black horizontal trendline, $7377.
Although I am holding my bitcoins and still avoiding margin trading. I am done with that quick scalping trade. Not taking anymore. Just looking at some potential altcoins. Will let you know soon.
IN A NUTSHELL, 17 DAYS LEFT FOR THE HALVING and I EXPECT POSITIVE PRICE ACTION IN BTC.
Here's a bonus for you all: If you intend to go long, Use less leverage.
Long Entry :
Between $7377 to $7460
TARGETS:
1. $7982 (200DMA)
2. $8155
3. $8975
STOP LOSS: $7150.
It takes,time, attention and hardwork to deliver such contents to you guys. Please hit that like button and follow me on for such updates.
#PEACE
#ETH/USD Long Entry ZonesHello everyone, welcome to this quick update.
#ETH could retrace as shown in the chart to the $183.45 to 183.70 Level which is the best level to long with a SL around $178.85.
Observe the chart.
You might think why don't we short from her? Well guys I don't consider shorting when ,market is ranging to the upside. In a positive rally we long the dips, right?
50D MA is currently at $183.85
200D MA currently at $177.
Also to keep in mind Moving averages are important support and Resistance Levels. Observe the Green and Red dots in the chart to know better.
TARGET? ----- Expecting #ETH to break $200 level soon.
Please hit the LIKE button if my updates helps you in any way. Also subscribe to my channel. Do share your ideas,
#PEACE
#WRX/BTC Buy Zones+ MID+Term TargetsWelcome to this quick Analysis.
WRX Broke down below the long term support trendline of the Triangle since its listing.
200D MA acted as a support so far.
The daily fib levels are good levels to buy in if you're looking into it. Break above the Red Resistance trendline will confirm the possibility of new ATH (In BTC pair) for WRX.
Besides it looks like we will be trading under a small falling wedge pattern which is basically a bullish pattern break above this wedge will alsonconfirm the uptrend.
So this is also important to keep in mind that if the
price breaks above this wedge+red trendline resistance we can buy back in even if all the bids aren't filled.
Currently I hold a decent amount of WRXX in my portfolio and placed more buy bids at the following levels:
Entry:
1. 1775
2. 1755
3. 1725
4. 1670
5. 1590
Targets:
1. 1970
2. 2230
3. 2460
4. 2575
5. Hold 20% Position for the long term.
Stop Loss: I don't recommend a stop loss, this is a potential coin and accumulating in the dips would be the best Idea IMO.
If you you like this idea please hit that like button and share your thoughts, comments, ideas in the comment section.
We're here to learn together.
#PEACE
#BTC/USD Below $6800 or $7400?Hello everyone, Welcome to this quick Update.
Although I am not trading this chart right now until we break above $7200 successfully. I would like to share my views on the current chart.
I expect BTC to hold this green cluster of support.
If it does, a rally towards $7400 is highly likely breaking the first resistance around $7200. I don't think this support could break easily besides we have been trying to break 7200 since the last 6 weeks.
Important Support:
1. 50D MA
2. Black Support Trendline at 6900.
3. Long term Support : $6820
Resistance Levels:
$7200
$7390
$7590
$8300.
BE CAUTIOUS WITH YOUR TRADES. Use Stop Loss always...
#Peace
#BTC/USD Update below 200D MA now what?You can see it didn't break that 200D MA and still trading below the resistance trendline too. Seems like the late longs are trapped now and it won't just go up without liquidating them. I expect the price could be juggle between the 200D MA and the 50D MA.
$6650 also is a very strong support.
OVERALL DIRECTION IS POSITIVE.
Don't buy ETH now ... why? see the description in my opinion this area where ETH stands is a strong resistance area , don't buy till it's break (cautiously) ..
as this area can get the ETH to the down area of 50-60 $
trade safe...
don't forget to gimme like if u do like my ideas...thx in advance
#BTC/USD 7.6K Incoming!!!!!!!In my previous chart I speculated 7k is incoming. It took a bit time with all those bounces and the rejections around 6800 are. Finally we broke above 7k what's really important is to close above 6926 (200D MA). If we manage to close above the 200D MA then we can expect 7600 soon and then a healthy retracement around 7120.
I'VE PLOTTED 2 SCENARIOS THAT COULD PLAY OUT , THE GREEN ONE AND THE RED ONE.
GREEN ONE IS HIGHLY LIKELY IMO.
Hope you all are learning something new during this time.Stay home stay safe.
Let's wait for now.
Stay tuned.
#Peace
Buy eth but not now I am considering buying ETHUSD but only after breaking through the resistance line. Then the price will exit the falling channel and it will be possible to buy ETH.
The goal is the second line of resistance
Do You See The Big Picture?? Long ETHUSDAThis market has tested trendline support yesterday and respected it , so this will likely signify the end of the bearish market but don't expect this to go up in a straight line! There will be more choppy trading and consolidation from here before we get a major bullish move!
If you find this post helpful then please like and comment. Thank you
ETHUSD | GoldenIs anyone going to the Fibonacci convention? I hear it's going to be twice as big as last years.
Not Trading Advice
ETHUSD (ETHERIUM) Sell updatei see ETHUSD heading for a sell to price $185 region but we might see a small distort at price $200
see previous analyisis tagged below see how well we have been doing,follow me to get more updates
ETHUSD on good support levelETHUSD has reached two support lines.
I think the correction is over.
We buy with the target to the level of resistance 260
ETHUSD Daily Wave 5 LONGOn a daily chart, Etherium appears to have completed a Wave 4 pullback. Momentum shifted from overbought to oversold and now momentum is shifting back to the upside. High volume of buying came in on 02/27 which we look to continue to propel higher. For a conservative entry, wait for a close above a 4-6 SMA on a Daily candle. Stop below the low at 236. Wave 5 target is 300-321
##DOCK/#BTC Breaking OutHello guys.
DOCK touched the local bottom at 86 sats and seems to be breaking out of the giant falling wedge which is another Bullish Pattern.
The breakout and retest will confirm a new Uptrend. This is among one of the alts which haven't pumped yet.
I entered exactly at 86 sats. My bids I placed 3 days back were filled.
I am holding this one for the targets keeping in mind the Dominance.
ICX/BTC Bullish Pennant Another 110% Potential Rally ??Since the massive Rally ICX has been correcting so far.
You can see clearly it is forming a bullish Pennant and also hovering around .5 fib level.
If yes there's an "IF" it breaks to the upside. I'll add positions on retest.
IMO upside momentum is highly likely as the Dominance is falling for the BTC and alts are getting relief. ICX is among those alts with strong fundamentals. The red dotted line is the long term Resistance.
MACD is showing Bullish signal too.
Let's wait for the breakout to enter.
#Peace
Same concept, same reactionJust showing a continuation of the previous chart. Same concept here but on a different time frame.
A little something i learned from Dopetrades.
