Investing opportunity: buy at 0,0021 or 0,0020 and HOLD
Breakout 3 triangles up. Long entrie! Possible uptrend! At least!
Seems that the consolidation is terminating. PUMP or DUMP? Triangle is bullish, but we can expect also a dump before we can go at higher levels.
ETH is close to lower line of ascending triangle. We saw 3 times test of 200ema in triangle and 4 times test of 100ema. Those 4x 100ema testing showed weakness of bullish trend in ETH imo. So ETH should back over 100ema at daily chart ASAP or will test 200ema and that would be dangerous for ascending pattern which we see now. Short ETH? If we break 200ema at...
This is an update to my previous ETC chart but it's also new idea so I'm publishing it here. Whole inv HS idea is well described at my chart: So what's new? Ascending triangle (white) which is corresponding well with inv HS target. Target inv HS is 337k but I prefer to use 1.618 of this target, this is good ascending triangle target. End of triangle even around...
A tempting long. Price is far from the 200 EMA. There is a clear triangle, maybe others are taking the oppertunity of longing here as well. If price does not break down here, more people will be bulish and robably betting on the triangle betting up. the risk vs reward seem small. However, it is an alt-coin and i have noticed whales waiting outside the triangles...
We see typical inverse Head and Shoulders pattern at 1-4h and now we're forming potential Right Shoulder. 200ema at 2h was resistance and we tested 100ema and again went down. ETC should spend some time around .618 and should go up near Ichimoku Cloud. Statistic (Bukowski's work) says that around 2/3 of inv HS goes up and 1/3 down (HS opposite, 2/3 down). Target...
ETC has letting us down for a while, I hope that is "pivo" (I don't know of this is right, sorry i'm Brazilian) save etc
Well, it looks like market maker is also nice manipulator. :-)
(ETH+ETC) perhaps could be described as "the real ethereum price" (?)
Bullish harmonic (alt bat) reached its first target at aug 12th (0.0035), the 2nd target is 0.004 and 0.0049. At the time there is a descending channel, even though channels are not my favorite figure, if price overpasses down 0.0027 it would be very possible to retest 0.0025 again.
ETC been in alot of downtrend lately. I think the market is depressed. Some key trend lines broke violently on the way down and i think everyone has little hope. Yet, we can see a form of double bottom forming. There is a bull div on the 1H. We are the bottom of a channel. On the large timeframes we are well below the yellow 9 EMA indicator which also suggests...
Well, all details as usual at chart. We have potential double bottom, bullish divergence, breakout of falling wedge (with 2 versions of lower low). 1st and a little shy target should be around 0.5-0.618 fibo, a little above 1h Ichi Cloud and near higher line of 1h BBands. If ETC will break 1.0 fibo, it can to 2nd target, which can be around 280-290k area. Oh, the...
Hi. I am thinking that ETC triangle will break down here. Triangles usually are continuation patterns. And the horisontal trend line finds support near 0.00235. As we can see, if price takes that leg down, it wont even be a 100% retrace. A 100% retrace for a newly launched coin is not uncommon tho. So i dont think my guess of 0.0023 is very radical which is about...
POLONIEX:ETCBTC was born making a correction as usual in the most of the coins, it means the bull market is next, so patience, we need some sideways before rallying. Fundamentals: BTC will stay sideways before the last rally, ending finally in an important retracement. In the meanwhile ETC is strengthening its roots by the fast growing hashrate (strong mining...