Will likely get rejected from here but if it can keep retesting this resistance level and ultimately break through, the the next bivouac will be at around $350.
ETHUSD dipped into the lower Donchian Channel while staying above major MA's. I was watching for a higher high above 166, which it hit. Also, got the green light from VOl. indicator. Entered long at 166. Stop loss at 1ATR from the local swing low I will take off 50% profit at 2ATR and let the rest run with a trailing stop.
From our point of view, the crypto market broke when Ethereum (ETH) cracked. There's no way the crypto market can survive with Ethereum (ETH) going down 8% every day. Looking at the 2-day chart, we see a grizzly Elliot Wave scenario unfolded. The recent range trade - which we initially thought would be a base to move higher - has turned out to be a bearish...
It appears shorts are covering. Currently watching to take profit in the Fake Out zone. If price breaks and holds above 208, I'll be looking to take profit and short around 275.
Demand stepped in at $150 and held support beautifully forming a rising channel while simultaneously forming a triangle pattern inside the channel. I also see a bullish reversal divergence, price made a lower low but the momentum indicator made a higher low, giving me more confidence. As you can see the measured moves have serious potential. Breakout of the...
Hello Traders, Welcome back, today’s update will be on ETHUSDT , an epic short from previous technical analysis!, will ETH continue or rebound back, IMO I think we’ve still got further downside potential… Points to consider - Respect of the .236 Fibonacci Level, in confluence with daily support - RSI grinding on its resistance - Local resistance at .50 Fibonacci...
After the price crossed Support/Resistance Zone and D1 candle closed above we can looking for middle term Buy. Potential profit will be in 3...5 times bigger than risk. Before to trade my ideas make your own analyses. Write your comments and questions here! No need to write them in PM. Thanks for your support!
Ethereum in Its First Big Bear Market Like Bitcoin in 2015, Analyst SaysNEWS Cryptocurrency investor and Placeholder partner Chris Burniske has argued that Ether (ETH) is enduring its first mainstream bear market, just as Bitcoin (BTC) did back in 2014-15. In a tweet posted on Aug. 20, Burniske noted that in retrospect, 2014-15 revealed itself as having been the...
30-Jun Price forecast timing analysis based on pretiming algorithm of Supply-Demand(S&D) strength. Investing position about Supply-Demand(S&D) strength: In Rising section of high profit & low risk Supply-Demand(S&D) strength Trend Analysis: In the midst of an adjustment trend of downward direction box pattern price flow marked...
Daily block the 2 hour candle is giving us a move up to the 338.05 to 339.85 on the Daily if bitcoin retest the block posted today for the monthly. Well have to see about that to see were consolidate for the move
I'm waiting for my next trade, 113.5 i take long, 162.5 i take short.
ETH possible LONG and SHORT open positions in areas marked on chart
Just wait and see what will happen to this market when institutions make themselves known
GettingAnotherMillion Thanks for your LIKE! Welcome. Trade #2 -Short ETHUSD at market (~145.94 Bitstamp) -Take profit: open -Stop loss: secret (contact me to get it)
Buy the blue, sell the fibo 38-50%. reevaluation of further buy in market context. BIO