ethhunter

ethhunter Updated 

Hello ! Small update & adjustments on my previous chart, It looks like we are breaking out from the long downtrend line, i have expanded the uptrend channel a bit. Expect some sideway movements or even a small drop from the perhaps (again) Before we get another leg up (verify outbreak). Happy trading :)

ethhunter Updated 

Hello everyone ! Looks like I'm on a streak right now, made some good decisions lately and I'm really feeling the market, I Hope that i helped someone with my ideas. :) So whats the next move? Right now we have established a uptrend channel that still is valid, though while i was charting out everything i saw that there was an attempt to break the channel, as...

ethhunter

I guess everyone wants to know, where is the bottom at ? Personally I got my limit orders filled at 550€ and got some more orders waiting to be filled at 500€. So what about the bottom, this is just "for fun call" but what i can say is that 400€ is a SUPER bullish zone for ethereum, and has been a notorious resistance point in the past. If that zone breaks, I...

ethhunter Updated 

So what's going on, everything is crashing. Yeah, it is... For the people who are new to crypto this may look like this, but it's all a part of the cycles in this volatile space. Vertical movments always act this way, but if we take a look at the bigger picture here we can see that we went into a parabolic mode and we have now moved down all the way down to the...

ethhunter Updated 

I was initially bullish after the recent action when we saw the engulfing hammer shot us back all the way to 790€. I was expecting a decline after that, but i also saw the start of a trendline that would put us near previous support or 850-900€. I opened a long around 680€ that i closed prematurely - around 800€ because i was still unsure about the situation and i...

ethhunter Updated 

Made a pretty good call yesterday, and we are now in a good position for a longer trade. I took some small profits instead of closing my whole trade, as i originally planned to do. It looks like we have a new trendline targeting previous support levels at 850 and 900€. I think we will go there but,but expect a small decline or consolidation if we manage to touch...

ethhunter Updated 

We seem to have established a support around 685€ after dropping to a whooping 573€ and currently moving around in the 700€ area. I wont go too in depth because my technical analysis skills are very limited, but taking RSI and the volume behind the engulfing hammer thats formed, this is could be the end and of the current bear market, but beware and use risk...