ETHBTC is showing bullish signals with a bounce of 78.6 fib level and bullish divergence on the 4hrly. Daily is also in oversold conditions and has already probably bottomed and expecting a bounce from these levels. Trade with care. Just wanted to share an observation. Nothing is 100% and only trade what you can afford to lose and with small portions of your...
As BTCUSD seems to have formed a double bottom bullish pattern (pending break of 7800 resistance for confirmation). There is an ETHUSD trade possibility above 158 resistance zone. The 4hrly on ETHUSD is also currently showing a bullish divergence. Refer to BTCUSD chart for more on how both ETHUSD and BTCUSD are currently showing bullish patterns. As BTCUSD and...
Here are 3 long entry possibilities. For long entries after 7800+ daily close candle remember to place profit stop losses as due to the down-trending long term channel since June there could be rejection from sub 8k area. Only low lev and trade with care and look for out for CME gaps on weekends adjusting your trades based on your own judgements. I believe we have...
Just wanted to share an observation of a possible double bottom formation on ETHUSD... If support holds here possible breakout long possibility from above 158$... this dip did clear stop losses that were parked below 131.85 from the last bottom on 25th Nov on bitmex... also take note of the rsi on daily where a possible bullish divergence is forming...
Here is my take on how ETH bullish scenario will play out... It is still in a bull flag pattern... There are many naysayers out there who are putting articles out there asking for ridiculous prices... Mostly trolls and perma bears who hate the crypto idea, do not understand it nor care to read the white paper of legitimate projects... Of course they totally ignore...
Just sharing my thoughts on ETHUSD bullish scenario if the 100MA and 50EMA cross again... Scroll out and check out further history... Can it happen again? I am bullish by the way... but please do your own analysis... Am just sharing what I discovered while checking out the Moving Averages and the relevance they have had to ETHUSD price movements... Nothing is...
Just my take on when it will be a good time to consider ALTs for swing trading and investments, with the exception of China coins like NEO which to my opinion will continue rising in price due to government support and continuous positive breaking news from now on to promote cryptocurrency and blockchain in China. Not financial advice, just my personal opinion....
Short-term long to minimum 8400+ with small corrections along the channels as indicated before a sharp rise in price upwards towards at least 11600+. Just sharing my opinion and lines are just based on observation of short-term patterns and channels btc seems to be respecting at the moment. Gd luck everyone!
Here is some data I worked that I want to share. Was trying to analyse another subject matter and but did not get what I needed from this but did get other information that you can find useful too. Trade safe with More Gains and the Least Possible Losses!
Bull flag on a daily,expected move to 230-235 for this chart pattern . You can open a limit trade at least 183 to auto buy as it is moving up, however there is a risk of fakeout taking in your order and put you immediately in the negative and worse still if pattern fails and turns bearish with your order underwater. Another option is to place a limit order at...
Best visibility of this triangle is on the one hour chart. It formed on 26th Aug at 8am after the very big pump and retracement. Since this pattern was formed through a bull pump I believe it will within 1-3 days (hopefully on monday to avoid creating more gaps which are such a pain and burden that the CME has put on this relatively new market where it is...