Looks like the end of correction after rising impulse. Waiting for continuation rise.
We've got a valid Bat, that could shoot through B point starting the BAMM. (Measurements at bottom). Also a Gartley if it breaks up, and will be looking for reversal at D With these patterns especially the BAMM, it's really important to see it break the point, and close. I had previously posted a BAMM pattern that bounced at B but never broke B point - that's not...
Look for downward breakout for confirmation.
4hr chart i think market will go down after break support
After quick review i saw down trend ot a big time frames but on H4 we've got a strong demand areas with nice risk reward ratio so i'm bull Intro Weeek
We can clearly see a falling wedge for the eth/btc pair. If you look at the usd pair, we can also see an ascending triangle. Watch for the breakout, and buy in.
Read the chart. I forgot to mention on the chart: The "flippening" is real, and so is the BTC segwit panic. As market share approaches parity and BTC's future is propagandized to be "uncertain," ETH will be seen as more valuable relative to BTC. People will WANT to exchange their BTC for ETH, driving prices higher.
A lot needs to happen both technically and fundamentally for this to happen as described. The idea is likely wrong, but nevertheless worth keeping in mind through 2018. @VentureCoinist had a similar chart pbs.twimg.com
Ethereum is currently on long-term support line and starting to show signs of life, previously from 6700000 support gone bearish as Bitcoin started another bull race and reached new and new highs. As Bitcoin more and more likely is going to correct at some point, it is an opportunity for Ethereum to test that 6700000 level again. RSI and MACD entertain this idea...
fell back to the 78.6% level, where it found support Price will go the way to the 61.8% level, which lined up closely with the previous Swing High. Possible way 5 ( Elliott ) confirming if cross the high orange line. any idea ?
By @VentureCoinist. He mentioned how the ETH>BTC channel is a good way to understand the up and down movement of alts
ETH hit it the two year support line a few days ago and has been steadily rising since. This completes the 2nd portion of this measured move I expect a small correction down to .035 sats and consolidation at this level until early 2018. I think after that consolidation, we will be ready to ride it to the moon!!
Whats up traders, I hope you are all having a good weekend. Want to start by congratulating anyone who followed by BTC/USD trading idea that I posted yesterday. We successfully got a 1300 move from the idea. I have also posted many other BTC/USD ideas recently that have all profited too. I recommend taking a look at my previous Crypto currency analysis to keep...
What is Ethereum doing? I'm evaluating these two markets (ETHUSD & ETHBTC) in one post And the violet price line in the background is BTC In the 1h chart we are seeing something cool ETH for the breakthrough of its second max ETH for the breakthrough of its second min Kindof looks trapped in the corridor These guys seem Ethereum's new bff also Of course...
I think it is pretty self explanatory Black is expected, red if trend is ending