Should rally in a nice impulse if true,accumulate lower next most likely,new lows least likely i would say in the short term so possibly a tightish stop and see if it pops or flops
1) The stochrsi and price show divergence,2) The volume and price are diverging? (3)volume profile of scallop is U not dome wondering if divergence is an artifact of that,if indeed it is divergent?). Would normally say short however good indications of upwards progress soon,fundamentally wise mainnet token migration(1st April) lends itself to mid term uptrend...
Extreme price extensions,highly probable steps along the way up,bear scenario creates new ATL no support except perhaps round numbers pyschologically and deeper fib retracements.Fundamentals good in their phone has gone on amazon for sale but there is stiff competition in samsung,less so electroneum as its a different target demographic i believe
Bottom after bottom after bottom,another inbound it would appear filling the gap (worth an order here),extension and top gap is good profit target,confirmation of bottoms when trendline is broken and held,likely brief retest and impulse away when/if it finally does so. Really good fundamentals pc wallet inbound and ever more partnerships with the likes of bmw etc
Cups within cup, helluva cup it may be in,sidenote as to the gap they tend to get filled by the market eventually almost compusively in essence it would appear.Fundamentals good in short term mainnet 2 weeks out
Short term target £13.20,beyond if golden cross of 50EMA over 200MA holds,eve/adam pattern description and possible extensions to support and resistance. Looks like handle extension impulsing to recent adam structure price extension,confirming the bottom enroute as indicated on the chart
W seems strong i would say though retest is more on cards on the stoch rsi,3 drives has hit correct levels to form and the impulse from the handle is definitely in ethereums short to mid term future. Eve/Eve on imperfect double bottom(due to depth variance) as both bottoms are rounded no single tail in either trough thus eliminating Adam/Eve bottom. Fundamentals...
Clean break at date of halving likely and price retracement should be long till then from now,possible trades in ranges if price steps up rangebounds then steps up again,impulse moves in price more likely after retest of trendlines or EMA/MA of greater timeframes.
Basic channel on bodies of candles,wick extensions suggesting upwards pressure,buy bottom line,sell top line or hold till upper resistance,or confirm over top trendline buy in and then sell at resistance zones.FUNDAMENTALS looking good,Finney goes on sale on amazon soon and a couple of demo's in next month
Risk ratio comes into play as to when to buy if you have high risk tolerance perhaps the bottoms themselves,safer is to wait for confirmation above resistance and go in on retest of trendline or slightly riskier go early on initial breakout over trendline and hope for some gas.Extends up the depth from the bottoms to the resistance level a good 30% plus in this example.
Recently over 200MA needs support though,could test IH&S price extension however most indicators say its time for a turn,VFI however is positive and has room to move.Short term uptrend i think with possibly steep retrace shortly thereafter to recent support,may then rattle around midterm but reassess in due course,whilst longterm they raised 4 billion in funds...
Finely balanced,should hit target but needs volume to break the RSI trend i would venture,very short term probable retrace to recent support,mid term positive if it holds above 50EMA and can get support at 200MA,if not then could retrace to triple bottom which should drive it up over resistance levels,if not then new record all time low which given its good...
Hidden stoch/rsi divergence should indicate some strength in ascending channel yet,if it breaks below trend line and completes H&S pattern expect a double bottom and possible recovery spike from there.
VFI positive recently found support on the EMA and above 200MA,should test target zone despite the low quality of mini H&S both in structure and due to lower timeframe of 2hours,patterns are greater indicators of future movement when they show on longer timeframes,last for a long time and have firmer structure.Price may retest support before heading up,note recent...
VFI on the up still,crossed over 200MA needs to maintain support over it then possible rise to indicated levels,assess from there,could flop over in which case it would retest 200MA if it breaksdown there reassess
