ETH Bullish - Long - DailyEthereum looking bullish on daily. May have found the bottom.
Entry around 3000
Stop loss 2500
Target 6000
Sold all my weed stocks for ETH ETF a while backThat was a dammmmm good decision!
I still believe marijuana stocks will do good long term.
I've almost tripled my HMMJ by holding ETHX.
Eventually I'll go back into HMMJ to get those sweet dividends.
ETHCAD -Update on the weekly timeframeThis analysis assumes that the May 17 and June 21 lows, which break the wave 1 high from Jan 8, 2018 (not allowed according to EW principles) is in fact a wave 4 bottom, and we are currently in a wave 5. The Fib targets for the cycle W5 are around 6k-7k (the -0.146 and -0.382).
On the lower degree
ETHCAD Weekly LT outlookThis is just a note to myself so i can look back at the end of 2022 and see if price followed this count.
Which is more likey?would love to see a healthy correction and one of the 3 develop,. Which do you think is more likely?
eth/cad 1 hour chart. Looking to short soon.Ema look over extended. We should see 20 ema dip below 50 ema to short it
This will be fun to watchWhat I like the most about ETH is that it is very trend following. It just broke the wedge that it has been bouncing between for weeks and is rallying up as expected. However, the $2570 is the last obstacle in the way if it is broken we can see ETH push towards the $2900+ and into new price discover
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
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Neutral
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Neutral
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Neutral
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Moving Averages
Neutral
SellBuy
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Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
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Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.