ETH/MYR - APPROACHING DEMAND ZONEHappy Weekends to all the Traders out there. It's been a while that I've been stop doing analysis in the market. This is my first analysis on Ethereum pairing with MYR. What I got here is a bullish Alt Bat formed in Daily timeframe.
So it means that there's a potential for this pair will have a rebound on bullish reversal. This is the plan I'm gonna do for this opportunity.
1> wait for a pin candle to form with higher volume compares to the average.
2> price action of the candle react a bullish divergence in oscillator indicator within the PRZ.
3> put an order after the price piercing thru the dash trend line.
4> go for the 1st target price of MYR 13669.05.
Just in case the the plan does not happen if the price breach below 7188.74 region, this opportunity will be consider void. We shall see.
Signing Out.
ETHMYR
2021-10-18, ETHMYR 1D CHARTThis is latest follow up with multiple idea foreseen on Ethereum. Comparing with ETHUSDT, there seem to have opposite side on each other.
2618 play for long.after double bottoming, the price coming down again to try and test the support. Opportunity to get in the long position before mooning>>>>>> TAYOR
2021-06-26, Sat. ETH 1D Chart (Thing Looked Sluggish Again)It seem to me there are differences when you use Candle Sticks and Line to make assessment of the trending.
Line precision could show you hidden agenda of the movement while Candle Stick is more of dynamic form.
When ETH closed lower than 0.786 at the end of the week or Monday. This is not good for those who bought ATH . Best for newcomers to buy in.
Pada saya, kenampakan bahawa penggunaan Kaedah Pucuk Lilin dengan Kaedah Garisan untuk membuat perangkaan ada perbezaannya.
Di mana, Kaedah Garisan dapat menunjukkan kita agenda tersembunyi tentang pergerakan pasaran manakala Kaedah Pucuk Lilin pula lebih tertumpu kepada unsur dinamik.
Apabila ETH pasarannya tutup lebih rendah daripada 0.786 di pengakhiran minggu atau Isnin sehari seterusnya. Ini merupakan petanda yang tidak baik untuk sesiapa yang telah beli sejak harga yang tinggi. Manakala, baik untuk pembeli baru.
ETHMYR Showed a Trend Reversal and is entering DOWNTRENDThe upward movement failed to reach resistance 3 hence price will try and retest support line. If price passed support line then ETH is now entering downtrend .
There's possible uptrend still if price passed Resistance 3, that will be another buying opportunity.
2021-03-24, ETHMYR 12HR SHOWED HOPIUM OF UPTRENDFor some reason, ETH/MYR showed there is 50/50 hope to the upside when the candle broke out upward of the diamond pattern.
