Just a visual on the moonshot if the price went to 11K the upper range for my predicted target This moonshot is monstrous
I just realised on the log chart for ETHUSD that the same structure we are experiencing now is poised between .786 and .618 using this information I can predict I possible top at 11K which is close to my previous target of 8K Using both these targets ill come to a decision around that area when I will sell (if I will) Linking important charts that are relevant...
Updated thoughts on ETH Im not sure if the Top cap value for the ETHBTC pair is accurate, it may only correspond to ETHUSD Using the ETHUSD chart where it is valid I have placed a target at 8K, i believe it will be fulfilled You can see how the curved white line (Middle line) is descending upon the major trendline and is forming a rising wedge in the process...
Ethereum has just landed above a massive major trendline It has also recovered from a pullback to .786, as it did in its first bull run If its anything similar to the first bullrun move, the bars pattern I have placed is what we should be looking for I want 8k Still not sure whether I should jump out or just hodl through another bear cycle
Ethereum looks really bullish I want to see how high we can go this time Consistently bouncing off the 50MA and the curved channel that has formed
I think the optimal case scenario for the ETH would be reaching $5000 by the and of this year, then it should go further even till $10 000 next year. I am very bullish not only on Ethereum, but on the all crypto market. It is not about technicals, but fundamentals. The current global situation benefits for the crypto markets. Inflation is growing all over the...
I have sketched out how I think the moving averages will develop in the coming days/weeks I believe this drop is just a fake and a sharp recovery is in order Having the MA's layered 50,100,200 allows for easy upward movement
Twice previously the 50MA has been a point of bullish rejection for price Will we see a third rejection? and continuation upward? It seems ETHUSD has built up a large support area that id like to assume will hodl I want this to go to 8K I also think Visa's recent purchase of a Cryptopunk NFT is very big news for NFT's and Ethereum and may contribute to a move...
Ethereum can be seen undergoing huge demand This is demonstrated on the Weekly chart by these long wick ends Price has consistently been pushed up before candle close This shows demand throughout this price area Coupled with a large support area, I expect bullish continuation on the Weekly timeframe based on this observation
Clear similarities both in price action and in MACD setups Ethereum right now has a strong bottom setup and will likely hodl this bottom, leading to the bull part of this scenario with the ~200% increase I have seen versions of this across twitter and Facebook and thought I would address it for my followers I aim to exit mid next year at by then 8k or higher
Bull divergence can be seen on chart and indicator Price prints a lower low while indicator prints higher low This is the 4Hr chart for ETH
This is how i see price following this large falling wick playing out A large drop then leading to a slow yet inevitable rise Still bullish
It can be seen on the 50,100 and 200MA that a very similar pattern has emerged between SOL and ETHUSD ETH may be on a crash course towards the moon aim for 8K
i think like this good place to short ETH Target is showing of
Etherium seems to be climbing strong this time reaching all time may levels again. We might see a small pull back before we see a breakout or will it break straight through ? :D If any pull backs, we might see it around levels 3300 and if support, then a break above the 4200 zone is likely.
Breakout setup on both ETHBTC and ETHUSD The USD pair can be seen being rejected from a good support line While the BTC pair is continuing to look for new highs with the ascending curved structure Aim for 8k
ETHEREUM IS ON IT'S WAY TO $4500 BECAUSE OF THE CREATION OF THE CREATION OF THE NFT MARKET AND CHARGING FOR THE ERC 721 PROTOCOL. Also because they are moving to Proof of Stake. Proof of stake means liquidity on the blockchain. ETH is growing because of the growth of HEX COIN blockchain that is paying 40% to lock a stake which is on the ethereum platform. We are...
Very Bullish signs from ETHEREUM. Further to our post earlier today, the price has broken over resistance and is now breaking over a bullish flag. Expect anything but this is more Bullish now and most likely to rise. One Love, the FXPROFESSOR