I want to publish a theory I've had in hopes it will spark some debate, but primarily to serve as documentation.
In short, I claim that ETH has been driving the crypto market more so than BTC, since at least January 15.
My last published trading idea was calling the top on ETH, which turned out to be valid for the entire crypto market. The total market cap had...
I'm new to technical analysis and am putting this out there for critique, tips, and to see how accurate I am.
Could this be forming a Cup & Handle pattern? If so, the distance from the base of the cup to the top should be the target, which is about 85% (price target shown on chart).
I'm new to technical analysis and am putting this out there for critique, tips, and to see how accurate I am.
I have made an attempt to utilize Elliot Waves, Fibonacci Retracements and Extentions, along with resistance lines.
Make sure to enter in the target zone of Fibonacci Retracement 50 to 61.8% (price targets shown on chart).
The first target is previous...
Based on a reading of the RSI and MACD, ETHUSD is a SHORT.
There was a higher high, accompanied by a lower reading on the RSI. MACD is also about to cross the signal.
These indicators gave the same signals for BTCUSD.
I'm new to technical analysis and am putting this out there for critique, tips, and to see how accurate I am.
I have made an attempt to utilize Elliot Waves, Fibonacci Retracements and Extentions, along with resistance lines.
Make sure to enter in the target zone of Fibonacci Retracement 50 to 61.8% (price targets shown on chart).
The first target is previous...
I'm new to technical analysis and am putting this out there for critique, tips, and to see how accurate I am.
I have made an attempt to utilize Elliot Waves, Fibonacci Retracements and Extentions, along with resistance lines.
Make sure to enter in the target zone of Fibonacci Retracement 50 to 61.8% (price targets shown on chart).
The first target is previous...
This is the channel I identified the other day and today it reached the bottom. I predict a top of BTC at $18k on 1/16 assuming this channel remains valid.
