here another setup now both interesting either one but this is why we wait and stay patience wait for the right time or wait for the market to confirm the next trend especially at a key zone in price stay open
with this price action with how we have moved to this outer structure this looks like the buyer are coming out and now the seller will be coming in with the corrective way of moving with price action this is looking good for a short and showing a clear rising flag this could drop out we could go from the top down or get a hover and then break on the drop but...
this is looking really good for a massive long term buy trade on this ? what do you guys think looks very interesting still awhile away yet few more months and price will be there ? seen on the last move with around 333.39% eyes on this!
after breaking the last high and having a complete retracement and breaking this trend i will wait for a retest or a correction before taking this trade looking really good for more bearish momentum at this point in time
we are moving in a descending channel on the daily chart so this is looking good for more moment to the upside eventually but we have a pattern within a pattern showing the middle section with can confirm this trend so i would say this will push more to the upside once we meet the bottom but just be neutral has this could break through and go lower but the higher...
www.tradingview.com rsi I is sitting nicely in the bullish section of all the fib sequenced time interval from 377 to 910 mins, and on all of those the rsi is approching its previous higher low and support.
Nothing ever is a 100% nailed on certainty as we all know but if it makes a new...
One year from now and all coins will get back to 2017 prices, BTC will worth $800 probably.
I will try to keep this updated and count the waves but you get the point here...stay safe till end of next year .
Notice that $ETH is probably and roughly 1 month for a bull rally, entering this 1st october. Looks like we are getting lateralization for few months before the rally starts.
Please give your comments below :)
ETH is currently pulling back into support which coincides with the 50 MA. The 50 MA has been acting brilliantly as support.
As further confluence we have a 61.8% fib retracement within this zone and good support. This is looking like a great entry for trend continuation.