Here's another reverse head & shoulder. And even better this one has a bullish diamond waiting to break. This has a target price of $3,000. So many reversal patterns.. so little money D:
And here we have another reverse head & shoulders, but this one is a bit tricky. its being capped by the bearish downtrend line. We will need to see that break before we make a trade. However, volume is strong and all indicator are healthy. So there is a high chance we break out of the downtrend channel for a $2.20 target price. If this helped you do drop a like!
After breaking from a smaller reverse Head and Shoulder, we are making our way to $800 to test a bigger H&S. If that is validated we see ourselves looking at a $1,300 price. This is the same featurette as my BTCUSD expectation. But as many has predicted, ETH should overtake BTC by end 2018! :)
Those of you who have seen my BTCUSD chart analysis should be able to see where i am coming from. We should see a $40 EOS before mainnet on July 2. I think May 30th $40 is possible. Let us wait and see. Look a small long position at $13.50.
All of a sudden everyone has turned bearish calling 7k, 6k, 5k, 4k. FOMO has pretty much died out after the 9.8k -> $8.2k decline and everyone is looking for a huge pull back to their desired bear number... Which also makes it likely that we may get a short squeeze comes that can bring us to the 10K SUPER FOMO level... which should then bring us to the $13,000...
Found an interesting pattern and will be interesting to see whether it holds! Not quite ready to share the basis yet. So lets wait and see :)
We broke consolidation phase, this has been a 2week consolidation which is basically 2 years in the crypto world. Expect a parabolic movement to follow as all indicators are showing momentum only just beginning. Good luck guys!
Looking for a flag breakout, looks like accumulation to me. First target is $25.
From our previous post, we were expecting a pennant upward breakout for a target of $810. Bulls went a little crazy earlier on and we believed it was a bit too early, so we should see a retracement back to the red trend line on which we would be adding more longs with a stop loss of $666. Dont think the $720 would be any problem at all but we shall see. What do...
From our previous post, we were expecting a pennant upward breakout for a target of $810. Bulls went a little crazy earlier on and we believed it was a bit too early, so we should see a retracement back to the red trend line on which we would be adding more longs with a stop loss of $666. Dont think the $720 would be any problem at all but we shall see. What do...
Looking for a pennant breakout upwards and first target of $810. Downward break should bring us towards $600 where anywhere below should be any bulls stop loss.