Bitcoin (BTC), the most common cryptocurrency, has begun to reach new all-time peaks (ATHs), jumping beyond USD $63,000 for the first time in its existence and liquidating nearly USD 200 million in short-selling positions in less than an hour.
Ethereum (ETH), the most common smart contract network, has hit a new all-time high.
BTC is currently trading at about...
Looking to go long on DOT/USD, because we reached ATH, and now we did the pullback in the 0.5-0.618 FIB RET.
Starting to see rejection at $37, also some consolidation before continuing up to complete that ABCD pattern that informing with the target at $57.
I think you can secure a 40% profit on this move up from DOT.
We will wait and see :)
Ethereum on a 4H chart - what to expect
As ETH/USD made a new ATH at $2,151, we expect a retracement around 0.5-0.618 Fibonacci Retracement, because the previous candle closed around $2,200, showing rejection at that level before continuing to a new higher high.
Overall, Ethereum has made another bullish signal for the bullish market action trend that has been...
Ethereum move in the last 24 hours
The price of ETH/USD fluctuated between $2,151 and $1,920, showing high uncertainty.
The gross volume of trading has grown by 15.82 % to $25.1 billion.
Meanwhile, the overall market capitalization is $251 billion, implying a market share of 12.23%, with BNB, XRP, and VET together up about 13%.
As we expect BTC to continue UP, it may be possible to SHORT for a fast profit at around 58k.
The set-up will secure a 3.79% profit it hits Tp2, but when Tp1 is hit, SL will be moved at that limit of Tp1 to secure the profit.
An ABCD pattern is forming and I expect to see a pullback from the sellers. We can see that the resistance zone in the area is acting in the...
This technical analysis that we see here, is showing us several ascended patterns (flags) that Bitcoin made during this year.
I think this is the same scenario here, with BTC accumulating before breaking out this pattern and going to a new ATH and also a new HH.
If it breaks out we can expect to see a 15% gain.
Hope this makes sense :)
Massive run-up for Ethereum. We expect a pullback to the 0.5 Fib Ret zone at $1,850 where we have a reaction zone.
ETH still have the potential to go and retest and why not pass the ATH.
Still BULLish on ETH/USD
As we can see DOT has broken the previous ATH reaching a new high 46.97942541.
The retracement was expected, and we can see that the 0.618-0.5 Fib Ret acting as support (the previous resistance that was broken) at around 41-40 USD.
We know that in an uptrend after a new higher high is made, is expected a new higher low. We have seen the HL and now we expect the...
When compared to the US Dollar, Ethereum gained bullish traction and broke through the $1,950 resistance.
The price of ETH has reached $2,000, and it is expected to rise further.
Ethereum's gains are continuing, and it has recently tested the $2,000 resistance mark.
The price has risen above the $1,950 support level as well as the 100 hourly simple moving...
ETH has a breakout from the pattern and I expect to see a continuation to the previous ATH, after a shallow pullback.
A potential BUY in the new support zone around 1875.00 and target the previous 2038.84.
I expect a reaction at the .12145, but in that zone we have a strong reaction in the past so we expect to hold that zone, and continue the downtrend movement.
Hope this is helpful, if you like it hit me with a follow :)