djoffrey

djoffrey Updated 

I don't know what it means. But if a second test is positive, I think the bearish is ending.

djoffrey Updated 

Even if may turn to bearish these days, we should't missing the chance that market doing effords. Long to the previous AR area. Holding period is about 3 days. Stoploss below trend line

djoffrey

We see a flag pattern here. Still holding long position. Wait for more 2 days to get things work out.

djoffrey

After a strong break through the trendline, we see a flag pattern here. How long will it last? If it breaks, does it mean accumulation over? Seems too soon.

djoffrey Updated 

Even with a strong bar breaks 2 ice lines and the trendline, we see BTC still below previous AR top. BTW, the volume is not enough comparing to those crashes in 5/19 5/24 6/8 Watch out for the upper shadow. Maybe a backtract ?

djoffrey Updated 

Comparing to BTC, ETH is just at the begining of a small bull run. Just hold. StopLoss at : 2280

djoffrey Updated 

My last prediction is quite accurate, but that is just pure luck. The ice line is lying here and we see pressure. If fails to break through, a short order is profitable.

djoffrey Updated 

A long pos could be place here, the stoploss is very near 34600, and potential PNL could be 2K/BTC

djoffrey

If the next bars is rising with low volume, highly possibility that ethereum turn into bearish market. We need a SIGN of Strength to break out this area. At least a high volume bar to go beyond 2834.

djoffrey Updated 

Since the volume is shinking, the chance of breaking the downward trend line is getting smaller, we could expect a correction of this wave, if this wave fails to go up, it should go bellow 34k

djoffrey Updated 

If breaks trend line and no selling pressure, this correction may end.

djoffrey Updated 

Wyckoff Phases Phase E

djoffrey

As BTC broke down 42000, a big chance ETH would break current up trend, degrade to lower up trend level.

djoffrey

BTW, EOS is definitely PoS, which is more green.

djoffrey

If the trend line breaks, a daily retract is coming. If goes up again, not decide yet, until it breaks down or go upward.

djoffrey

The downward trendline that draw by the big crash, which breaks the main uptrend, comes to an end, time to BUY.

djoffrey

ETH soon get rid of the down side effect from bitcoin, start its self's uptrend.

djoffrey

After bouncing from the lower band of trend line, ETH soon rise above main trend line from the main impulse wave. This maybe a shaking-out period