Noob here, I'm looking to see if there will be a good drop in prices to buy Eth. It's had some good plunges and recently.
Price reached the top of the range. It has shown rejection to the 84.00 level, where it formed a sort of triple top. Short while 84.00 holds as resistance.
Price is retesting the S/R resistance area, holding 1.33. The level has confluence with the 0.5 Fib level, and price is also close to a bullish trendline.
Price pulled back to MAs, went to test the S/R area around 85.50-85.60, and showed strong rejection. Short while 86.00 holds.
Price recently broke the resistance area ~1.7600, it briefly touched 1.79. It went down to test 1.76 again, showed good reactions. Long while 1.76 holds.
- After breaking below the S/R area around 6.60, price has retested several times. - It is currently piercing the area. Let's see if it's a fake... - Look for bearish continuation.
Pulled back to EMA, showed rejection above 0.9820. Adding to position. See linked idea.
- Broke the support area around 0.9930. - Pierced briefly, but was rejected immediately. - Retest happening again, sell continuation.
- Price is retesting the S/R area between 112.40 - 112.50. - Pulling back to the EMA. - Sell the continuation.
- Price reacted to the resistance area between 114.00 - 114.50, where it formed a head & shoulders pattern. - It stayed within a range between 113.00 and 114.50. - Recently, price broke below 113.00. It is currently retesting the area. - Also, in 4h chart, it is showing a nice pullback to the EMA. - Sell the continuation.
- After reaching the 6.66 area, price reversed. - Price broke below the 6.64 handle, S/R area. - Currently retesting the area, showing some rejection. - MAs are lined up as well. - Sell continuation.
- Price pierced top of the range, and is still holding above the 79.00 handle. - MAs are currently neutral. - Buy retest of S/R area.
- Price failed to hold above the 3.15 handle. - After showing some support, price finally broke below the support area. - Price is currently retesting the area, showed strong reaction. - MA crossunder about to happen.
- Price has broken above the S/R area around 1.7150. - Showed nice reactions to the the support area. - Nicely pulled back to the EMA. - Idea: 1d. Execution: 4h.
- After staying in a very tight range above the 1.82 handle. - It finally broke down, reacted to 1.7800 - very strong reaction, long wick. - It also showed strong reaction when retesting 1.80. - MA crossunder. - Look out for 1.7800 if short.
- Strong reactions above 151.00. - Price broke down and retested 147.00. - MA crossunder. - Price pulled back to the EMA, the 149.00 handle. - If short, look out for the 147.00 area.
- Price showed strong reactions above 1.67. - Went down to retest S/R area around 1.63. - MA crossunder happened. - Price pulled back to retest S/R area, around 1.6650, EMA. Strong reaction, long wick. - Look out for the marked area around 1.63 if short.
- Price stayed confined between 0.89 - 0.8750 for some days. - Broke above range, MA crossover happaned. - Price pulled back to the S/R area, EMA. - Showed some reaction to the 0.89 S/R area.