Ethereum
Updated

rebounding inside the wedge ? potential $350 target

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this wedge has a 350 target, but as expected, we broke below it due to lack of volume...
however, we are currently trying to get back in... if we do, we will break upwards, and the profits will be juicy. im buying if we get back in :) stay aware!
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congrats! next stop 320
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as we can see, eth is having a hard time breaking out the wedge due to the resistance outlined by the green box. if we pass that, we're go for green! so stay on the look out :)
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this should be it! next stop:320
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testing it as support first
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i meant 310 not 320 sorry
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congrats for evryone that followed my analysis.
target reached.
wait for price to pass 325 to get into your next buy.. sell now! this is a zone of resistance and a drop is expected... just as i said yesterday :)
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aaaaand we're doppin! haha im very good at this
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cant tell where bottom is though
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market is complying beautifully to my anaysis! rememeber, don't buy until we pass 325..
check my buy limits above!
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and that's why, ladies and gentlemen, we wait for confirmation :)
as we can see, BTC had large resistance at 6600, which kicked it out of the uptrend channel! now we will wait and see if the 20 EMA
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HOLDS AS SUPPORT
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(in red)
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if it doesn't hold as support, brace yourselves, we won't know where the next stop will be :)
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please drop a like if you appreciate my work, and follow me! thanks... i ain't doin this for me :)
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sorry, if we drop through the 20 EMA in red, next stop is 6300, close to 200EMA in black :D snapshot
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Target reached.
bitcoin price is 3300
now don't stress out over whatever happens during the weekend.. it's just childsplay compared to the weekday's volumes. patterns won't matter, TA won't matter, because volume is too low...
However, if you're curious, obviously the market is bearish right now and creating bearish patterns with targets around the previous low again. (TA coming soon) But i just personally think we will drop to the previous low( 5800) slowly over the weekend and once the weekend ends, we pump all the way to +7k prices. so keep a sharp eye on the market on monday :)

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