ETHOS/BITCOIN BQXBTC Daily TF Chart AnalysisOn daily timeframe it is forming iHnS Pattern
It is out from October Downtrend
Facing resistance at October's support flipped resistance
Created RSI hidden bullish divergence
Target should be 3900-4000 as per iHnS's Head length
Ethosbtc
[BQXBTC] WAITING FOR BREAK OUTIF BREAKOUT HAPPENS WE CAN SEE VERY BIG PROFITS
MACD POSITIVE
RSI BULLISH DIVERGENCE
Daily Bullish Signal $BQX #BQX BQX/BTC (03 Dec)BLUE ARROW indicates the EXPECTED Time and Targets
Level Stoploss point up to maximize profit and reduce risk
I'm working all the time, even in Bearish Market
Volume decent, but won`t move until breaks purple linesGo long if it breaks upper purple line. TP: MA (100) 80%, MA (200) 20%
If it breaks lower purple line, don`t touch it!
BQX Lots of Resistance OverheadEthos currently has the 20, 100, and 200 moving average way above it's head. RSI is sitting only slighting below 50 on the hourly so I see the selling continuing for at least the next day or so. Ethos is lacking any volume after yesterday's 1 hr pump and dump to break above the 20 day ma. I'm going to let it hit my 5000 stop loss and move on to the next trade.
With the acception of a few coins the Altcoin rally seems to be losing steam.
Please comment or hit the like button if you agree.
*all ideas are for my own record keeping.
My Previous Analysis of Ethos
BQXBTC looking for bottom?Ethos is making it's best impersonation of a waterslide. Currently sitting at it's last line of support before going back to the mid-4's where it bottomed out before. Price is currently trading on the bottom of the MA on the Bollinger Band and I hope we start seeing a contraction and stabilisation of the price before it hits my stop loss. However, RSI is hovering at 40 on the one day, and 20 on the 1 hr, deeply oversold on the 1 hr makes me optimistic that this wont continue dropping.
Be disciplined and let your stop loss hit. If the price breaks the market structure don't try to hold on for a bounce that might not come.
Check out my previous idea on BQX. Bear flag was printed and the anaemic volume confirmed the lack of buyers coming into BQX for now.
Please leave a comment or hit the like button.
*all ideas are for my own record keeping.
Daily Bullish Signal $BQX #BQX BQX/BTC (07 November)#BQX (BQX/BTC)
Buy : 5200-5250
Stop : 4900
BLUE ARROW indicates EXPECTED Time and Targets
Level up Stoploss gradually to maximize profit and reduce risk
$ETHOS - Volume precedes price. expecting a pumpExpecting this to have massive spike and act a pump and dump into targeted area just waiting for it to run.
Blue lines are weekly resistance
- Large volume increase (though maybe wash trading)
- has been in accumulation and ready to run
-this is first move up and break of accumulation
-hoping for a pullback for entry then let it go
-rounded bottom.
Ethos vs Bitcoin - Huge Upside PotentialHello traders today we take a look at Ethos on Binance.
We are currently consolidating at our lows with our RSI growing.
We can expect an upside potential up 100% for Ethos
Risk 5/5
Telegram link in Bio
Ethos/BQXBTC strong setup for a potential 300% run.> Big targets are setting up.
> Swing low failure on the RSI
> Broke the triangle on the BQXETH pair.
> Very little resistance after we break 8000 sats.
> Volume increasing heavily past three months.
$BQX, History Repeats Itself…
Weekly
Looking at our trend timeframe we Ethos respecting our downtrend, stochastic rsi showing momentum is shifting towards the upside. Will be watching smaller timeframes for entry, last time we were at this price we saw a radial push from 7700 up to 70000. Are we going to be seeing the same thing?
Daily
Shifting over to our pattern timeframe we see a double bottom has formed inside our major support zone, stochastic rsi showing momentum is in favor of bulls. A daily close above 7550 activates our trade and we should see a push towards 16000 soon.
