Hi all, It has been a while without any mayor post, sorry for that but I have been very busy. ETH is doing great and I already said a couple of weeks ago that resurrection was closer. And it happened. The market is way more active, bullish and volatile which is great but at the same time will require to be more active in trading. I was lucky to rally out this...
Hi all, I want to follow up with my analysis of the last days. ETH it's definitely following my Fuscia EW trend. That's a point for me, right? We are going to point 4 and there we will find a lot of support from the trendline and then we should bounce back to 5 and ETH will be alive again. I am being bullish now, and buying but please be aware of the risk. Good Luck.
Hi all, Three days ago I said that we have two "most likely" scenarios. ETH failed the first time when it tried to break the flag (after breaking the wedge), it did a correction and went up again as most of the times when the candled touches for the third time a channel. Let's remember that BTC is the big brother and BTC haven't break the wedge: If we compare...
Hi All, I haven't been posting analysis because as you have seen, not even the TOP ones have been able to predict. Whatever they say, it goes in the other direction. That doesn't mean I haven't been doing my analysis. There are somethings happening that worth to do a brief explanation. It's clear that my previous prediction failed (dashed purple lines), and you...
We cannot analyze ETH without checking what is happening with BTC. BTC: $6700 which is a double bottom of the price on 02/06, if it falls, which is expected, it will then go to the range $6000-$5500 which is not very strong resistance. If that fails the next stop would be $3100. Then, let's talk about ETH, and I am showing the 1D chart, as it will show the big...
Hi All, I am back with the ETH. I really analyze the trends constantly but I just upload a new chart when I see something that is changing. I am not going to make it long. Do you guys remember this chart on Feb 27th. If you guys check the trends, we nailed it down and now we are on our way to $680 through the EW similar as the one we are seeing in BTC. Already...
hi all, I do think ETH will continue going down. As you can see, ETH is now doing in a descending triangle, which is dangerous. The triangle closes at the upper end of the big down channel and that will help to push it down as well. If you see the RSI, the dashed line comes from several days ago and ETH tried to brake it but it is going back. In the MACD it seems...
Hi all I am here following up with the ETH. And I want to say that I am not willing ETH to fall just to buy, in fact I am loosing some money as this continue falling but lets get to the analysis. I did this post a couple of weeks ago saying that ETH was going to fall down to $630 region: And this is happening, later I did another post with some arguments of why...
Hi all, I am back We are definitely seeing ETH fall, and I predicted in on Feb 27, way before than the "hacking alerts" of this last days. Here is the post: Now... we can see that the massive H&S is almost complete. This is not new, I reported it several days ago and others have been seeing it. In fact, I did a minor adjustment to the neckline. As soon as this...
Hi All, I mentioned 2 weeks ago that this MASSIVE H&S needed to occur so it will square up with what happened last year. ETH is falling, and by doing that it is completing the yellow H&S. There is a support line at 710 that will stop a little bit the vertigineous fall but I am pretty sure it will go over it. After that the following support will be at 620 which...
Hi all, I am back with ETH and what I predicted in my last post is happening. There has been a clear break in the ascending trend (red lines) and although it has been shifted a little to the right, the H&S is getting complete. I am confident this is going to happen because the ascending wedge that started 10 days ago is getting close and that will pusth the trend...
Hi All There is a second "tea cup" shape forming that agrees with several other indicators. We orange line shows a drop and an attempt to recover that later was followed with an ABC correction pattern. Second tea cup started (fuscia line) and this one is doing several things. First is trying to grow in the red bullish channel but struggling to go over the $890...
The ETH is struggling to go up and the volume is not helping. People is just afraid of the price going down to complete the H&S formation. If this trend continues for 12-18 hours then the it will fall and that will be a great time to buy.