foolsbookie

foolsbookie Updated 

Today's trade

foolsbookie

Flat till the end of this week. Don't want to give back the early week's profit to the market unless we see a breakout above 8900

foolsbookie Updated 

Ethereum looks bullish. Not a financial advice

foolsbookie

Looks good to me for long

foolsbookie

Is this the second long or whatever they call it

foolsbookie

Ethereum is having a clean break above it's STF daily resistance, and has had two successive bullish weekly close. if it closes above 143 from now without any daily bearish candle, there remains very little reason to open fresh longs

foolsbookie Updated 

Ideally, I would open a big fat long from 6600 euros, with a tight stop-loss, but the possibility of a morning start formation - depends on 20th November, daily candle -, I might open a small long here with stop loss below 6300 as I see a potential small relief bounce here.

foolsbookie Updated 

Looking at the daily triangle formation, its wise if we take away some profits now, and wait for the daily close to come out of this triangle above. Reason to take away some profits is that it go down and do a re-test of the 50% retracements. PS: it is not a financial advice

foolsbookie

Looks like, the volume might pick up soon on Ether after it managed a daily close above 61.8% retracement. This should allow it to move upwards to 180 euros/200 US dollars price. besides the volume the onside neck line candle formed yesterday, causing the 61.8% retracement to form a support also. Ideally, you want to stay away from support/resistance and let the...

foolsbookie Updated 

All my indicators - RSI (sold), MACD (convening), and increasing volume - indicate there is a high possibility of huge upswing in bitcoin price. However, the price has tested the 7100 euros (7800 US Dollars) support multiple times, and hence, it maybe a very weak support now, but if today, 8th October, closes above 7600 euros it will be the first time that price...

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Interesting to say the least, and possible signs of bulls re-gaining control?

foolsbookie Updated 

The chart shows a retest of the 38.2% retracement from the 212 euros (230 US Dollars) Zone on the daily and 4H. There ain’t ay divergence in volume suggesting that buyers are willing to buy at this level and hold it. Looks a good place for me to add to my longs as I expect market to move upwards to 212 euros (230 US dollars). However, with the Baktt launch...

foolsbookie Updated 

The daily close at 183 euros (roughly 200 US dollars) looks critical for Ether now. This price is also the 61.8%. Retracement from the August 2019 high at the months beginning. It has been hovering around that area for the last 24 hours without any success in overcoming it. There was a good sell-off yesterday to 170 euros, which was quickly absorbed by the bulls,...

foolsbookie Updated 

Ether could be consolidating between 200 and 211 euros before making a clean break upwards. Possibly a good time to take small longs now :-) Again, this ain't financial advice, but simply educated gambling and socially accepted gambling :-) Trade at your own risk.

foolsbookie Updated 

We are in BTFD zone for Ether. Time to load bags

foolsbookie Updated 

The Fibonacci Retracements are from the 2018 dump in July, 2018. After capturing the 38% retracements Support, it consolidated for a while, and then sprung to above 300 euros. However, that was also aided by the BTC parabola. Now, it is consolidating just below the 50% retracement after the dump the past Wednesday. Extracting the bullish fractal from the 38%...

foolsbookie

This is my current position in Ethereum. Could take time to reach there, and will depend on the daily close today. If it closes above 270 euros, the target could be achieved. PS: My S/R boxes are broader to allow to show where I would flip

foolsbookie

Best time to sit on the sidelines till Monday close to see which channel will win