Cloud is gone Trendline is gone Bullish attempts were extremely weak, only moving price when order book was at its thinnest (desperate). Confirmation for this is seen in RSI. Oversold KDJ during 24th and 26th gave bulls a chance between 26th and 27th... now it's bears turn again. Combined with the massive sell orders we've been seeing on Polo, the bear is...
Yesterday we predicted that 0.02500 is a support, everyone who longed there could make nice profits closing between 2600 - 2700 and if followed me in "Bitcoin" chat room, could see my announcement that we are in no trend now and this is a chop zone. Buy 2500-2550, Sell 2600 - 2700. Turned out to be highly profitable. Right now, it is best time to exit the longs...
This 4 hour chart setup hypothesises that we could be at the beginning of a bearish channel, leading ETHXBT towards a test of two key support levels the first being the volume-based Point of Control around 0.01415. From this point I see a final leg of potential to really test any longs still in the market, and to provide strong buying opportunities as we test...
Quick update: We are breaking downtrend as of right now. This is heads-up to my followers to exit shorts. Today's action was bear trap.
Hi Guys, Guess what.... Maddie is back! Because some of you found my chart's ugly i've made a new layout, with a little touch of pink :) hope you'll like it! Im no't gonna make a very long description on explaining patterns etc so, if this head and shoulder pattern breaks it's neckline for more than 1,5 days, than you should take a look @ my price prediction....
Unfortunately, all positive signals turned bearish at the same time. It feels like some big hands want this down. Do not fight them. Follow the trend. Which now, unfortunately is bearish.
After yesterday's strong buyer's momentum that broke 0.03 on Kraken but was denied by Polo sellers, we are gonna have another try at 0.03. The reasons are written in chart: Quick denial of dump, downtrend didn't even form. Inverse H&S RSI holding support, quickly rising with higher lows and higher highs
Hi, yesterday we had an attempt at major turning price level 0.03 and we broke it on Kraken. On Poloniex, huge sell walls (15000 ether in one order, etc) appeared and scared the buyers who stopped at 0.02995, which is rather sad. We got stopped out of our trade (and partly exited manually since it was clear buyers are there, just not willing to finish this ...
bubble chart confirmed...sub 0.01 on the way
Adjusted chart, be on the right side when it happens! 0.0246 as stop is valuable.
MACD is about to cross bullish, the next few hours/days arefight on top in my opinion.Stay aware of the golden line at 0.0295.
It looks to be agood long entry for a short time or can climb even higher when momentum goes in. tight stop loss under 0.0246 is recommended!
Just care about the mother of all indicators. Have a a real close look on the price change before the MACD is to close out bearish or bullish. MOON can happen soon.
As some of you said I was not clear, I think it is heading up from here. can totally dump to 0.015 but i wouldn't trade it right here. could go to 0.447 in a few hours, long term is BULLISH.
Ethereum is going parabolic. Here is a potential zone to take profits or to look for bearish evidence (10.3775). I would wait for price to crack before getting short. The price targets are just examples of potential trade ideas. The 6.0000 even handle is the area where I would look to get long. Be careful with this one, price can still run irrationally high. Good...