Ethereum must hold support at ~130s, otherwise total collapse.
Hi, I just want to demonstrate that this my idea is entirely possible because it has happened before. That said, we have the $33 support level looking at the monthly, so we may recover from there.
Hi guys, this is elitebagholder reporting in. I am actually NEUTRAL on Ethereum at the current price of $260 USD. I feel like if we go much lower below support it can get dumped further down to 190. So is this it? Is this where the dumpening occurs? I thought Ethereum flips Bitcoin? What happened?
This is the first time I guarantee something. That means 100% confidence. You can't mess around with 100%. I guarantee bitcoin goes below 5700.
Things don't look good here.
Just a BTCUSD chart, I am bearish but what you think?
Litecoin is a very strong buy at these levels. I have been watching for a while to see if it will go lower and break support and it hasn't. Now that we have also approached 0.01 BTC, we are at a global support level on the LTCBTC pair. Also, it had 3 pushes downwards, and it is now consolidating and making a decision, and I can't really picture a 4th downward...
Another pump and dump may be underway. This is just an interesting way to look at BTC. Enjoy.
I've been looking at the chart and I don't like what I see. Every single technical indicator indicates lower price action. The support trend line on Ethereum will probably break, as it's the 5th time it's approached it. We are also below 2 EMAs (10 and 21) on the weekly. This is the 4th time we've had a pump and dump and buyers could be getting sick of it...
This chart shows a possibility of ETC making progress towards ETH. I believe that if ETC makes it to 0.045 ETH (green horizontal line), a huge rally can occur. There is also a falling wedge on the ETCETH chart, indicating lower selling pressure. Of course, a slightly bullish chart has a bit to do with the Coinbase announcement, but the fact is that this will...
I do not see Litecoin doing well in the next few months. A drop to $50 is a strong possibility and low $70s is a given. Based on my calculations on a projected price of $3600 BTC, 1.5% of that is $54. Considering money will move into BTC, LTC may not even hold $54 for what it has to offer. Not trying to spread fear, but LTC is one of the coins where I do not...
This is my analysis and justification as to why Bitcoin will probably drop to 3600, with a small chance to 2500. Note: This chart uses a log scale (base 10).
Welcome to my long term outlook on Ethereum. I do believe in a steady drop that will take Ethereum below $500 within a month.
My chart is simple and straightforward this time around. I still believe it is a horrible time to buy, and a very big mistake if you decide to go long today.
I am leaning against a 710 break at this point in time, and I am still overall bearish. Breaking 710 would only take us to around 750 according to one of my previous charts in my previous post. If we follow previous 1-2-3-4-5 wave with correction, we are looking at a massive correction to 375. I think it is a horrible time to buy right now... but what do I...
Just a list of battle stations for Ethereum which can make for good trade opportunities. I am leaning towards a possible rejection at around 675. But if the bulls continue hitting the buy button, the path to #5 will be within reach too. Lot of overhead resistance, so be very careful. We can only do so many bull flags in a row, just like we did a certain...
Stay on guard. A H&S may form.
Stop around 379, target 465 - 495. Currently at 422, still looks like an OK entry. Descending triangle set up, it has broken out upwards, bounced off the upper line too. This can play out as drawn using Elliot waves. I calculate >50% chance based on chart that it reaches my target level. I could be wrong though.