Here's an idea I had, it's all speculation but there could be some truth to it. Let me know what you think
2017 - 2018 BULL RUN
- BTC CME FUTURES open on the 18th December 2017
- BTC tops around $20,000 on the 17th December 2017
- Alts then dump for a few days after around -40%
- Alts then rise even harder from around 24th December 2017 to January 9th 2018...
Bitcoin is tightening up on the 4HR timeframe, as long as we bounce from the support trendline we'll continue to see big % moves across the altcoin market.
Playing several altcoins currently including $LINK, $WAVES, $YFII & $ETH.
There's currently 4 days & 8 hours of this range remaining, will be wise to revert completely into $BTC awaiting a decision with stop...
Ethereum has been showing strength by strength, will the bullish momentum continue throughout this day as we form an ascending triangle. This pattern is a bullish pattern based on the higher lows we've been seeing.
Use risk management and trade safely, I am a strong believer in Ethereum and there is no reason for me to be bearish on a long term even if this...
Analysis 🔎: ETHUSDT is consolidating in a symmetrical triangle pattern.
Breakout is imminent.
Bullish ⬇️: breakout above the symmetrical triangle's inclined resistance.
Bearish ⬇️: breakdown below the symmetrical triangle's inclined support.
Possible price actions and targets are indicated by the arrows on the chart.
This chart is an extension of my last idea. I drew the Fibonacci retracement from the last high to the recent low and it coincidentally matches up with my T/A.
I'm even more confident with my idea now if this plays out; nice profit!
Trade safe with a stop loss, the stop loss on this chart is just below the previous low in case we form a double bottom pattern,...
Please remember Cryptocurrency dose not work like forex and this is my personal view and based on my analysis and theory. Let us know what are your thoughts about this ETH?
I am expecting ETH to rocket up just like BTC as soon as the price breakout from resistance area, It will be good opportunity to hold/buy some ETH or if the price start falling, you can wait...
ETHUSD we have seen a great push up along side bitcoin.
One doing well helps push the other crypto currency forward.
Anyway a break of ATH which I am anticipating to happen we should see ETH go to target price of 2065.
Waiting on confirmation of break before entering trade personally thanks.
This is in my opinion the best time to go long on Ethereum. If I am correct then that'll be the fourth time in a row, please use proper risk management when trading and remember the market is unpredictable.
The best way to trade this right now is to focus on where the support and major support trendlines are. If we go based on this it means we have an idea where...
". There is a possibility of temporary retracement to suggested support line (0.000231).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
. ADAETH is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic...
Just throwing out some observations. Appreciate any feedback and anything else I could use to further assist in analysing future moves
Looks like a possible ascending triangle, if it breaks to the upside it could rally towards the Ethereum/USD ATH. Obviously this highly depends on bitcoins movements.
Just my humble, uneducated opinion