The H4 candle will end up as a Spinning tops or Doji candle. It shows the struggle between LONG and SHORT. Short force seems to have weakened.
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#ETH USDT 4H CHART ANALYSIS...✌
ETH Trying To Create Inverse Head & Shoulder. Here We Have 3 Types Of Opportunity To Buy Eth In Usdt.
1, Buy After Breakout Neckline Of Head & Shoulder.
2, Buy Some At 2180$
3, Buy Some At 2000$
Always Verify Your Own Analysis Before Follow It...
Be careful, all the pumping has a correction !
I think it's time to correct at two zones that I determined !
In fibo channel has resistance around 4250 !
So do not be greedy and if you are in profit, make a small save in this range.
now it's not a good time for buying at this price and I suggest you wait until the price of 2900 to hunt this valuable coin
This was beautiful expansion from the bullish pennant and the previous quarter
Somehow no 1D bear divs yet which is surpising to me
The 2.0 of the previous quarter is at 3381 on the binance perp chart and will be hit soon
I think this is likely to cap the market and maybe push it back down range bound
Ideas for the range low are highlighted across some of the wick...
ETH2 is right round the corner, which will make ETH more scalable, more secure, and more sustainable
1000s of transaction per second to be supported
Beacon chain has released which brings staking to ethereum (reducing ETH supply), and shard chain is due this year which will increase transaction capacity
Approaching the range highs now, hopefully not another...
Based on trend lines and fib retracement, eth breakout from angular trend triangle which I compared to the last big move. $2593 is considering that we will be breaking ATH within the week (personally I see it happening quite pronto). MY logic is if and only if this move is a fake out, which will be recognisable if we dip beneath $1,579.50 level, else if, it's...
I have been seeing the people flout the target of $20,000 for Ethereum, so thought I would have some fun at trying to predict how it might get there!!
1) ETH starts run bull Dec 2016.
Pumps approx 7057%
2) ETH the retraces approx 70% to a price of approx $130.
Draw a fib retracement from the high of the pump at $422 to the bottom at $130
The 4.236 then lines...
4HR chart looks pretty clean now
Clean takes of 20 and 50EMA's
Huge liquidity grap during Asia again last night - like old times - allows it to move higher with more ease
Clean takes of that 2.0 fib level and ETH will look to move higher - 2.618 the target at $2090!
However if heavy resistance round that area, $1840-$1870 - this move will look like a very strong...
Ethereum breaks it's previous ATH's in style with this explosive move from its bullish flat top triangle formation
My realistic target is highlighted at $2286, using the same method I did on BTC which worked brilliantly, making a fib from the previous ATH to the lowest point between now and then
In the mean time, daily candles created us an SR zone highlighted in...