I want to see the orange box turning into support before taking a new position on ETH. If BTC pumps again, it will pump harder.
Looks weak to me, I think we will see 6430 before the weekly close.
I would like to see more volume in order to test the upper blue box.
After a nice move up yesterday that printed a clear SFP, we are back into the range and even in a smaller one for the past few hours (6550-6580). As I'm not currently in a position, I will analyse Price Action as I expect BTC to chop for the day. Stop hunt are expected in either blue box. I'm still more bullish biased but don't expect much from today. Will open a...
intermediary target at 6570. Full target around 6620. Also in ETH
I think we can can at least to 224. Already took 25% off at 223.1 Looking good if you ask me especially with bitcoin holding 6550
I find this PA so boring. Will scalp on low time frame. The 6500 range is still holding pretty well so I'm a little more bullish than bearish but this volume is worrying me. If we fail to defend 65 I think we'll drop to at least 6350. If not we will retest the high range above 6700 Next possible scalp set up on the next chart
Long from the retest : entry 6527 Also have a long on march Fut
Small long 2,85R SL under previous low. Looks weak on the hourly
Bullish on ETH, clean SFP which also ocurred on Bitinex). As always if BTC doesn't hold above 6600 it will dump but I really think it will also restest the range high (6780-6820)
A close above resistance would be nice for continuation, but it may as well dump as it's already did a +100% move.
If you take a look at the chart, i would clearly not do it until confirmation that the resistance is broken.
Looks good :) Need a close above 6483. My #XRP analysis depends on it
As BTC looks primed for a push up, I will long either a retest of the .328 fib or a breakout on volume above the .236 fib
The chart is on Finex because Mex's one looks like shit but you get the idea.