Hopefully people survived the first of many 30%-40% dips, this time caused by misleading FUD information, and we where a bit overbought. First target at 1,618 fib extention and soon afterwards we head for 2 fib extention.
Breakout of rising wedge (orange) with taget $625, and maybe a head and shoulder in the making, target $640. Would be nice with a correction here so that we can lean back and prepare for $800, $1000 and all time high!
Looks like all eyes are on ethereum now! Maybe only days to $800+
M pattern in the making with taget to $650
Inverse head and shoulders confirmed with target to $717
If the support line holds we could be in this channel with first target at $700. Yesterday's dump looked like it got bought up by whales. I have never seen that large buy orders just recieving the fall. Is this the shakeout for reaching new hights?
Looks like someone is buying the dips at $600. Lets hope for some consolidation to the end of december with a breakout to the upside, and first target at $740.
If the triangle pattern breakout gets confirmed we can get a 15% gain on Bitcoin.
We are getting support at the breakout trendline ($530). And resistance at june 2018 high ($620). Looks like we are accumulating and a breakout could take us to $760
We just hit our target at $500 and the top of the bullish trend line. If the resistance holds we could get a 8% pullback to $460. The RSI is showing a bearish divergence. If we are lucky we might be creating a cup and handle! Do you think we will get a pullback now, or continue up from here?
If the 10% pullback to the all time high bear trend line holds(red line), we might hit $500 in days, and $800 in weeks! This also fits well with the much anticipated Ethereum 2.0 Phase 0 release some time around Dec. 1
Finally some bullish action on Ethereum. If we hold support at $390 we could head for $500 within end of november. We are still above the covid trend line! Still above 20 weekly sma and 21 weekly ema .
Now that Bitcoin have had its breakout, its time for Ethereum! In only days now we could see a breakout to the upside. The anticipated pullback was not as clean and severe as first estimated. We are still above the covid trend line! Still above 20 weekly sma and 21 weekly ema.
We might get a pullback as we speak. Still bullish in the mid to long term.
This bullish prediction is still valid. We are still above the covid trend line! Still above 20 weekly sma and 21 weekly ema. I am prepared for a fakeout to the downside that will bounce right back up.
We are now in a trading range with support at 49,- and resistance at 53,- If we break down the next support is at 44,- and if we break up we can go fast to 64,-