ETHEREUM: It`s probabvly TIME TO BUY!#Chanceoftheyear
Hey tradomaniacs and cryptoheads,
welcome to an analysis of ethereum!
My friends, I think it`s time to buy!
BUY WHY?
In this analysis we wanna take a look at time-cyclers which are clearly underestimates and not as common as the classic TA which is basically used to compare price-action or price-patterns.
From another perspective looking at the big picture, we see that ethereum had an awesome run with the recent impulse-phase down from 5,60 up to it`s peek of 1.436,-!
IS THAT CRAZY? Yeah.. the hype-train of 2017 was very fast and completly sold out and we`ve never seen so many passengers. But ever since the train was so fast a lot of
passengers got shaky hands and sweaty palms. The train was very fast, as fast as no train before and the crowd inside the train felt insecure and fear crept in.
The entire trip was an amazing journey of 399 DAYS and it was obviously time to rest and enjoy the result of this new world record.
The impulse was over and we were heading into a correction which took excactly 399 DAYS until now!
The market indicates more and more evidence for a new rally.
New carbon has been delivered and the burning stoves are clened up and ready for an new ride..
Technical Aspects:
-------------------------------------------------------------------------------
Timelines:
All Time-Lines are pretty harmonic indicated by the low of the sub-divided SIN-Wave @ the High
of the primary Sin-Wave.
The Alpha-Waves are confirming that cycle and accurate time-lines are indicating a perfct cycle.
The impulse- and corrective phase are showing the same running time of 399 DAYS.
Price-Action:
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Wave 1 has been completed with the previous impulse @ Wave 5 and we`ve made 25513,25%. Since then the corrective-wave retraced down to 83,29$ which is still a very important support.
This retracement indicates a motive wave, which is not a classic impulse but eventually a leading diagonal because WAVE C of the correction went below the territory of WAVE 4 but DID NOT touch the high of Wave 1 again.
This means we see a confirmed MOTIVE-WAVE indicating an uptrend should tend to continue.
The corrective Wave headed down to the 1.272 Extension, which is a very common level.
The second picture indicates optimism of the market:
The active trendchannel was very dominant and predimonated over the market-players behaivor.
But since the strong sell-off down to the corrections low @ 83,29 $ we`ve seen two attempts to break out of this channel.
The first one failed @ the 100 M/A (purple) which was obviously the target of the bulls which this impulse.
The market smelled a chance and didn`t hesitate to push the price out of this channel again.
the correction was very strong because the price danced around the resistance of the channel.
THE NEXT PUMP got confirmed by a consolidation.. and not as ususal.. a hard dump!
The 50 M/A and 100 M/A are about cross and care getting in touch for the first time since July 2018!
THIS IS a very crucial moment for ETH and it`s future because the next move could be the the path we choose to go!
Mac-D:
-------------------------------------------------------------------------------
During the correction the MAC-D used to bounce of the ZERO aka TRIGGERLINE and refuse to get above it.
Since the first attempt to break out of the channel, we`ve seen that the market is not wolling to drop significantly below it again and flucuates around it.
The BULLISH divergence indicates higher LOWS while the price-action indicates lower lows and looks likea triangle with the first attempt to break out.
The classic retest should be the confirmation of this upcoming impulse!
If we violate the MA-Comb, bounce of the triggerline of the MAC-D and and create a new higher highit will be time TO BUY ETHEREUM!
Misspelling? Sorry guys.. I`m lazy! ;-D
-------------------------------------------------------------------------------
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)
welcome to an analysis of ethereum!
My friends, I think it`s time to buy!
BUY WHY?
In this analysis we wanna take a look at time-cyclers which are clearly underestimates and not as common as the classic TA which is basically used to compare price-action or price-patterns.
From another perspective looking at the big picture, we see that ethereum had an awesome run with the recent impulse-phase down from 5,60 up to it`s peek of 1.436,-!
IS THAT CRAZY? Yeah.. the hype-train of 2017 was very fast and completly sold out and we`ve never seen so many passengers. But ever since the train was so fast a lot of
passengers got shaky hands and sweaty palms. The train was very fast, as fast as no train before and the crowd inside the train felt insecure and fear crept in.
The entire trip was an amazing journey of 399 DAYS and it was obviously time to rest and enjoy the result of this new world record.
The impulse was over and we were heading into a correction which took excactly 399 DAYS until now!
The market indicates more and more evidence for a new rally.
New carbon has been delivered and the burning stoves are clened up and ready for an new ride..
Technical Aspects:
-------------------------------------------------------------------------------
Timelines:
All Time-Lines are pretty harmonic indicated by the low of the sub-divided SIN-Wave @ the High
of the primary Sin-Wave.
The Alpha-Waves are confirming that cycle and accurate time-lines are indicating a perfct cycle.
The impulse- and corrective phase are showing the same running time of 399 DAYS.
Price-Action:
-------------------------------------------------------------------------------
Wave 1 has been completed with the previous impulse @ Wave 5 and we`ve made 25513,25%. Since then the corrective-wave retraced down to 83,29$ which is still a very important support.
This retracement indicates a motive wave, which is not a classic impulse but eventually a leading diagonal because WAVE C of the correction went below the territory of WAVE 4 but DID NOT touch the high of Wave 1 again.
This means we see a confirmed MOTIVE-WAVE indicating an uptrend should tend to continue.
The corrective Wave headed down to the 1.272 Extension, which is a very common level.
The second picture indicates optimism of the market:
The active trendchannel was very dominant and predimonated over the market-players behaivor.
But since the strong sell-off down to the corrections low @ 83,29 $ we`ve seen two attempts to break out of this channel.
The first one failed @ the 100 M/A (purple) which was obviously the target of the bulls which this impulse.
The market smelled a chance and didn`t hesitate to push the price out of this channel again.
the correction was very strong because the price danced around the resistance of the channel.
THE NEXT PUMP got confirmed by a consolidation.. and not as ususal.. a hard dump!
The 50 M/A and 100 M/A are about cross and care getting in touch for the first time since July 2018!
THIS IS a very crucial moment for ETH and it`s future because the next move could be the the path we choose to go!
Mac-D:
-------------------------------------------------------------------------------
During the correction the MAC-D used to bounce of the ZERO aka TRIGGERLINE and refuse to get above it.
Since the first attempt to break out of the channel, we`ve seen that the market is not wolling to drop significantly below it again and flucuates around it.
The BULLISH divergence indicates higher LOWS while the price-action indicates lower lows and looks likea triangle with the first attempt to break out.
The classic retest should be the confirmation of this upcoming impulse!
If we violate the MA-Comb, bounce of the triggerline of the MAC-D and and create a new higher highit will be time TO BUY ETHEREUM!
Misspelling? Sorry guys.. I`m lazy! ;-D
-------------------------------------------------------------------------------
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)
Comment:
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Comment:
Ethereum should retest 125. ;-)
Ethereum should retest 125. ;-)