ETC appears to have broken out of the LT triangle correction, since this break out doesn't look impulsive yet I'm ruling it an ABC bearish move up which can hit $72 into Oct before another big sell off. If the C wave up leads into a786% correction of the ABC move then I'd rule that sell off as a wave 2 and the ABC would be a W1. Let's see
TODAY - TRX DAY? TRON on day trading seems interesting. #Main markets are still bear - Manage your risk and this is not finance advice.
As you can see, a shooting star has appeared just above the 50 MA. After a solid run it failed to break the down trend also. This is a strong bear signal. I will be setting a short. Thank you all for reading. Good Luck
There is a lot similarities to previous accuulation patterns mainly in huge channels. ETH loves to double the price since bottom (like 1 - 2 k just in few months from the bottom). It's possoble we will get quite quick move to the mdian of the channel around 2.7-8 k, big correction there and few months of accumulation when BTC should react much better and btc.d...
Three things to keep in mind : We're retesting broken support , we almost hit strong level in BTC dominance and we have to break ribbons because as you can see it works fantasticly
Hello, everyone! I ususally make an articles only about the Bitcoin because it’s the cryptomarket’s father. But today I decided to review altcoins because they can demonstrate more significant gains. Today I am going to talk about Ethereum. ETH demonstrated strength against BTC and most of treders now are interested in it. Ethereum is copying the Bitcoin’s waves...
Ethereum Intraday We look to Sell a break of 1519 (stop at 1561) Our short term bias remains negative. A break of the recent low at 1520 should result in a further move lower. 1527 has been pivotal. We look for losses to be extended today. Our profit targets will be 1421 and 1391 Resistance: 1600 / 1650 / 1700 Support: 1520 / 1440 / 1400 Disclaimer –...
ETH looks really suspicious 🧐 1. We have a trendline but it's only 3rd touch. Too early for breakout 2. Approach is too sharp. Usually coin can't break through if it didn't have decent accumulation beforehand. 3. Volume at high and it is decreasing. We can read it as buyer loosing power. You could try opening short at breakdown of local trendline with...
BTC bearish plan illustrated on the chart. If BTC breaks down below RED line this is the trigger to go short with targets marked on the chart. Targets are range low of local range and range low of Weekly range. This is not a prediction this is a plan.. Couldn't care what direction it went. If I'm honest i think it will go up and this will not happen. As DXY is...
Hello everyone, I wrote a new idea for you. I think it's easy to like and subscribe to the channel, thanks😉 📌 Guys, I want to share my thoughts on ETH, since the last forecast we are going very well in long 📌The asset is approaching the upper border of the channel, I think it will be possible to fix part of the position from this zone and pull the stop-loss up,...
Due to the previous analysis top target fits to this macro channel, target seems reachable about the end of the month.
AVAX looks to be entering an inverse head and shoulders bullish reversal. invalidation of this pattern at ~$19.40, potential to the upside going into resistance at $22 and $23 respectively where some chop should be expected if this setup plays out. NOT FINANCIAL ADVICE
Hi friends! MANA is going to break the trendline. But i recommend you to wait for some pullback to the key level of $0.754. Someone who enter the trade on this local pullback will be traped and you will enter the trade with less risk and nice risk reward. Recently, MANA made a false breakout of the key level of $0.754 and price rised by +8%. If you miss this...
Market became quite bearish but imo after this deep correction we have potential to grow really big and fast if that lower band o the channel will hold. If that will happen that will be quite choppy and take time to break previous highs at 1200 usd what should bring us to around 2600-2800 usd from where the nxt bigger correcton should happen. Target is around...
Ethereum bottomed out at the exact level we identified yesterday at $1424. We broke through $1547 and are currently in the middle of the vacuum zone in between this and $1653. The Kovach OBV is on the rise, but still looks a bit weak. Our next target is $1653, which is the start of a cluster of levels extending into the $1700's. We have seen these levels...
Hi friends! AXS move in the falling wedge and can breakout it after some pullback to the lower boundary. It will be good to see some trap with wedge. 🔥The long and short traders will be trapped, if the price will fall below the wedge and become the fuel🔥 for futher growth: 1. stops of long traders will be activated 2. sell limits of short traders will be activated...
In our previous analysis on ETH (Aug 24), we mentioned that if $1523 was broken, there would be a large slide. After the downfall, ETH held $1437 and bounced back. Short-term resistance is at an area between $1620.41-$1625.85, breaking up on which for 24 hours will the movement turn positive. The movement of ETH is stronger than BTC, however, only by breaking up...
Ethereum| Time For the 5-th wave! Elliot Wave Analysis! As we can see Ethereum keeps developing and we can probably be in the 5-th Elliot Wave price development. On the first wave price completed a normal zig-zag correction. On the 4-the wave, the price looks like it is close to the completion of a "Falling wedge" the pattern that is also a deep...