Ethos should break out of this downtrend over the next week. 1W MACD about to cross and 30 min chart also looking bullish.
Hello traders today we take a look at Ethos on Binance. We are currently consolidating at our lows with our RSI growing. We can expect an upside potential up 100% for Ethos Risk 5/5 Telegram link in Bio
Retracement to 0.000058 followed by a race for the whole week :-) Enjoy the show!
> Big targets are setting up. > Swing low failure on the RSI > Broke the triangle on the BQXETH pair. > Very little resistance after we break 8000 sats. > Volume increasing heavily past three months.
Weekly Looking at our trend timeframe we Ethos respecting our downtrend, stochastic rsi showing momentum is shifting towards the upside. Will be watching smaller timeframes for entry, last time we were at this price we saw a radial push from 7700 up to 70000. Are we going to be seeing the same thing? Daily Shifting over to our pattern timeframe we see a...
With the alts and Bitcoin getting into a more bullish market you might wanna look out for elliott waves. BQX seems to have began its first new wave and will likely dip back to 7160 sats. You can then hold for a bit and watch the resistance lines I have drawn. Buy-target: 7160 Sell-target: 8540 or higher Stop-loss: 6900 I am not buying now. That's fomo
Third support (0.00006348) from my previous TA will probably be hit before a bounce. We will see 5 dollars EOY if BTC doesn't screw us over. Buy zone: around 0.00006348 Idea and the information contained herein is not intended to be a source of advice or credit analysis with respect to the material presented, and the information and/or documents contained in...
BQX has seen a lot of negative trends and isn't giving any strong signs of reversal. BQX is now creating a pattern on the second support, coming from the latest peak in December. RSI is just above oversold and MACD is showing bullish. There is a probability that BQX will peak to support #1, in which support #1 will act like a resistance making the BQX go back to...
We expect a recent drill of the triangle and a pass over the resistance. Combined with good profit. And do not forget, trade smarter!
In my opinion, very nice opportunity for long term.
Had a very strong move up to test upper trendline resistance on the day chart could see this short term breakout turn into a long rally. Highlighted some price targets. This of course hinges on bitcoin reversing, which i think we see the low for the year set sometime tomorrow as its the last trade date of cme futures that started trading in december. With altcoins...
Global roll-out brings us nice peaks!
SOME NEWS AND POSITIVE PRICE ACTION HERE LATELY, LETS LOOK AT SOME NAMES AGAIN.
As we can see that key fib level 1 at $9.11 is being tested. if it breaks down we can see a massive dump upto $5.3. On the other side if we break the triangle upward, key resistance are at $14.4 and $17.72.
Buy if it breaks the horizontal resistance then finds support above it. If it does break horizontal resistance then it will probably find that 200MA (white line) as short term resistance before re-testing the horizontal line as support. This would be the time to buy. Then put a tight stop loss a few percent under the aforementioned horizontal resistance line. If...
- Amazing uptrend channel - WTO is at the bottom - RSI shows it can bounce from here - SRSI is oversold
BQX BTC ETHOS SUPPORT AND RESISTANCE UPDATED!