bigdreamsrichmotives

bigdreamsrichmotives Updated 

After all this excitement with the ETF approval we have expected the fundamentals to kick in and take this baby to All Time Highs. Unfortunately we have seen the opposite. From my technical analysis we may be experiencing a bearish cycle for Ethereum. I myself was anticipating the Fib Level to be in favor of the upside but now i’m noticing a clear bear flag on...

bigdreamsrichmotives Updated 

Inverse head and shoulders on the 5-15 minute as well as respecting the fib levels.. and trading above the 50 RSI . bullish indication for a quick move up to around 3220 !

bigdreamsrichmotives

"Missed the initial ETH surge? No worries. Sherlock's got you covered. He suggests setting your buy limits between $3255 and $3240. Why? This range is loaded with confluences: higher timeframe Fibonacci levels, untested support, and dynamic support lines on the 4-hour chart. If the price dips before the ETF launch and takes out some overzealous buyers, you could...

bigdreamsrichmotives

I believe ETH will surpass previous highs. We are bouncing off of the 200 SMA which is a good sign for potential upward movement. fib level also indicate we can break past 4000, i currently have open long positions in profit as im watching closely. Also news on the ETF could shoot ETH up as well.

bigdreamsrichmotives

fib level check, sma check, rsi check. The news with trump sent this thing in a spiral ! what is going on !!?

bigdreamsrichmotives Updated 

In my previous analysis I predicted an ETH retracement to 3400 zone. now that we are here hovering around 3470 , i will be placing a short to 3425

bigdreamsrichmotives Updated 

We have show resistance at 3727, Currently we look to be bouncing off the fair value gap from 3616 to 3638. We can see a double top yet it might play out to be a triple if we don't just break through this FVG. The fib levels would show us a drop price back down to around 3400. Also looking at the RSI on the 4hr time frame we are in over sold territory. yet on the...

bigdreamsrichmotives

Simply said, we touched back into the FVG while everyone was excited by the news, technical analysis called for retracement, wasnt sure exactly when . Yet we can now see this play out.