Several days ago when ETHUSD was hitting the long term Support/Resistance Level (S/R Level) $684, which strangely enough was the breakout target of an ascending triangle pattern I noticed last fall, in October. The recent bottom of ETHUSD around $383 is where the upper boundary trend line of that ascending triangle from last fall.. I had a pretty good hunch that...
In this short video, I explain how to read a chart and anticipate the next move.
For that, you need to understand that my charts are giving levels where cycles are mature and where it can turn (does not mean that it will turn as I am not doing the market - unfortunately but even then that would not be fun ;-)).
So, here I do not propose a trade setup or even a...
Remix IDE: remix.ethereum.org
ERC20 standard on github github.com
This guy has good tutorials: www.youtube.com
First 5 mins is me going through the smart contract, after that is example usage and talk about state of Ethereum, how I see it.
In this video I try to illustrate what happens following Parabolic Price Action (when price goes vertical up or down).
In this example I show the initial move up in BTC and then roll price forward to the most recent move up in BTC. Both vertical moves were followed my reversals.
Moral of the story is when price goes Parabolic (up or down) expect a correction.
I'm feeling like Batman at the moment... so many setting up on various coins.
In this case I am looking to get long ETH with the following levels.
entry: $670
Stop: $615
Take Profit: $1080
Overall Crypto Bullish sentiment looks good and ETH currently sends us the STRONGEST SIMPLE SIGNAL.
With a clean break of the TL ...this LONG opportunity looks tasty and ready to test the 1000 level.
Nice 8-12% trade possible with a 984 EXIT on ETH/USD.
COINBASE:BTCUSD
COINBASE:ETHUSD
BINANCE:XRPBTC
COINBASE:BCHUSD
BINANCE:LTCBTC
BINANCE:ADABTC
BINANCE:NEOBTC
BINANCE:XLMBTC
BINANCE:EOSBTC
BINANCE:IOTABTC
I just realized after i posted this DASH overtook IOTA in the top 10 and ran out of time on the video.
My first video on ETH and to me it looks like ETH is getting close to making a decision on the direction she's looking to go.
Price action is just below and overall downward tend line from all time highs, so I believe we'll need to see a significant break and close above this area to see price action to start a trek above 1K again. I do believe we might see a...
Hello traders, investors, and the curious alike! This is my new series called The Support Line . To get the chart from any of The Support Line's episodes, you can scroll down to "related ideas" below the write-up and select the episode # along with its chart. It will always be there! This gives you the ability ot share it back here, and our community can...
ETH has been dropping like a rock along with the rest of the cryptos but it's pretty good news, I think we have some excellent buy zones not too far from where it's sitting.
This is a quick 4 minute video, have a look and let me know if the comments below any questions you have. Good luck and happy crypto trading!
