If we Look left we can see previous price action creating Lower highs and lower lows, but with most recent buyers/bulls entering the market at 1180 which ignited this bull run price is on now. We broke the downward trend that I believe was the retracement from Ethereums ATH. Most recent price broke above a key level @ 1675 (Daily & 4h confluence of this area),...
AU is currently testing previous support of area 0.64563 after being rejected at a key resistance area, if price respects this area and gives us a close above and then the next hour candle closes bullish. This support would hold true and would be still valid. If that happens we should see price push back up to the retracement area which is the Gold Zone on the...
Price recently pushed to a key monthly resistance zone there are 2 things that could play out here 1. price currently sits in fib golden zone for a nice retracement back to the down side, continuation of downward move creating a lower high 2. price could push out of the fib zone to retest monthly high the continue back down lets be patient and wait on the move to form
Daily Time Frame Double Top could be forming, Key area of Resistance
W Pattern retrace for bullish continuation. We have to be patient to see if this pattern holds true Long Position Entry: 12350.00 TP: 12780.00 SL: 12164.00 PATIENCE!!!
Check my notes on the weekly chart and let me know your thought.
This is and update from previous post, for got to change SL before the editing time so it looks as if I got stopped out
I believe we still have a lot for bullish momentum for yesterday's session that well continue to give bullish push
with tech stocks doing well today thought Id look for another entry original entry at 11919.00, check out phase 1-4 on the chart, leave thoughts in comments
Looks Like ETH is on a run back to its all time high and possibly break and reach new highs!!! Leave Though in Comments
4 Hr Time frame inverted Head and Shoulders Pattern looks to be forming, Thoughts Leave in Comment
About 2 weeks ago we got some strong bullish momentumfrom $200 to $290-$300 area, after months of consolidating/ranging. Once that momentum died we came back to retest $200 and it seems to be holding as a strong Support and price has yet to break lower. My projections is that bulls step back in and get us across to our all time high of $400.
Bearish Continuation after retest and close below previous zone for push to next zone!