loadedcoal

loadedcoal

I initially thought we would have no trouble at all breaking through this resistance but it looks like we are having a hard time, maybe we will get some volume with the weekly close, if not I think we go back and retest that yellow line that marks the long term resistance from the top of this correction.

loadedcoal

Just moments before the weekly close ether is looking insanely bullish. I feel like we are witnessing the start of eth making a big move against bitcoin.

loadedcoal

This is it boys, no words needed ... we are locked in and ready to go, if your still holding and qualify for long term gains on your eth than you know the feeling. Its been a long road ... letssss gooo !!!!

loadedcoal

I am very very curious and hopeful. A double bottom here could be a huge chance to make some short term cash. The way I see it, even if the bull run is over (probably, but who REALLY knows??) we are due for a relief rally at the very least. So much bullish stuff going on with eth right now but the charts look like a teenager who just got her first period. But...

loadedcoal

Alot of people are looking at the possible inverse head and shoulders but we have a regular head and shoulders already complete with a target that would bring us down to fill out a really nice double bottom, a lot of support in that area and matches up well with what bitcoin is doing, I think this will be a great time to enter a long position if it plays out and...

loadedcoal Updated 

I think we all probably feel the same way right about now, bullish on eth that is !!!!! Just started fucking around with the pitchfork , this one has turned out pretty damn good, at least for a noob i think. Its hard to see because I wanted a smaller time frame view but the lower green box is the pocket if the fib is drawn all the way from the bottom of this...

loadedcoal

A little salty personally because I have sold a decent chunk of my ether at this point, on the bright side I can now afford to stay in with what I have left as the risk is much lower. Im personally starting to think ether will go a lot higher than most of us are expecting, my main reason for that is gas issues are being solved quick. Polygon has proven that...

loadedcoal

Eth is In a rising wedge now, bearish divergence on the Mac d as well as declining volume vs. Rising price. I think we will see a sharp pull back to the 2400 level. Don't know when it will come, at this point I would not be surprised if we hit 3k today although that obviously seems highly unlikely. Regardless I have renewed faith in the distance alts have left...

loadedcoal Updated 

To be clear i am bullish on ether and think we still probably have a while to go before we see a correction like this however I do like to consider everything and look at both the bearish and bullish scenario. For some reason a lot of people want to act like ether has underperformed but if you take a look at this chart going back about a year to the start of this...

loadedcoal

I think eth is gearing up for a very rapid and volatile run far into price discovery. I also think that after that a HUGE correction may be in store.

loadedcoal

ETH has performed amazing over the past week filling out what I believe to be a cup and handle pattern. Also making very nice moves against the ETH/BTC pair ... If eth continues to go up as BTC falls along with its dominance we could be in for a wild ride ! I think the size of the handle here is reliant on what BTC does and if it can stay a little less volatile I...

loadedcoal

We currently have an inverse head and shoulders forming at the bottom of a descending wedge, its hard to know what to make of this because even if it does play and we shoot up we got some serious resistance above. Furthermore if you zoom out we have formed a perfect diamond pattern that simply can not be ignored, we need enough volume and momentum to blast out of...

loadedcoal

If we zoom out to the daily and take a look at eth we find our self still above a legacy trend line that can be traced all the way back through the bear market with touches even back as far as the start of the last bull run. Who knows if any of that matters but its in play now for sure and we seem to be finding support above it. That combined with a bullish...

loadedcoal

the correction yesterday has allowed us to bounce and clear the resistance that we where stuck at all day yesterday. If bitcoin can behave our next hurdle is that red line up thurrr, long term support/resistance that we have already rejected from once. I personally feel it is crucial we see a clean break of this line, if not we will either get another rejection...

loadedcoal

Im not even going to draw any lines on this chart as it speaks for it self. BNT is one of the most under rated alt coins this cycle, I am up 750 percent in the past 2 months on my position in the LINK/BNT pool ... this is of course including the rewards paid out. Dont let this slip through the cracks for you ... do your own research, it has slowly been climbing...

loadedcoal

eth has been repeating the same thing over and over and this looks like another chance to buy the dip at the bottom of one of these channels, obviously the arrow does not represent the exact path it is just an estimate, draw the trend lines on your own chart and do your own DD of course but if you where waiting for a chance to buy eth at lower prices it looks like...

loadedcoal

Ok so going off my previous post it looks like this is the scenario that will be playing out, It is of course to early to really draw the lower purple trend line but based on how eth normally moves I expect it to play out around that area. The descending channel should bring us to around 1600 giving us another retest of that old resistance that is now support. ...

loadedcoal

Alright lady's and gents, its looking like we have got a pretty active weekend in store for ETH and friends, I think it is much more likely that we continue up from here if volume persists and BTC behaves, on the other hand if it does not I could see us returning to a much lower level before finally heading back up. Honestly the second scenario may be better for...