Get started

365

Beauty of Characteristic feature of Emas & Smas1. Ema 100 crossing up sma 100 2. Ema 200 crossing up sma 200 3. Ema 365 crossing up sma 365 4. Then, ema100 & sma100 crossed above ema sma365 with a pullback & bounce, during this candles fall below ichimoku green cloud 5. Now, ema 200 & sma200 crossing above ema sma365, pullback is starting & the bounce will occur, candles are coming below Green Cloud, 6. Since the lower MAs cutting & raising above the higher MAs, & the bullish cycle is live..... after this halving, every crypto should/must move higher 7. The bullish momentum resumes
Long
by ogcheckers
ETH $365 Early MarchEthereum to $365 early March if we maintain our current ascending channel (6 weeks strong). Both of the previous bull runs maintained their channel until they reversed to complete their wave. The first ETH run end of 2017 went from $300 to its ATH of $1400 over the period of 3 months in 3 distinct runs (That’s an average of almost $100 a week!) The second run started December 2018 and ran from $84 to $365 over the period of 6.5 months in 5 distinct runs The third run started around 3.Jan.2020 and has currently ran from $125 to $284 over the period of 6 weeks in 2-3 runs. This current channel is tighter than even the explosive channel that led us to $1400 in 3 months in 2017. This channel if maintained will go high, fast. Here I am seeing the real possibility of $365 in around 3 weeks, early March. Already I called for $750 April.2020 to return to a channel it established starting late 2018. Looking at that channel and our trajectory, we can expect for this aggressive run to start to take on a more reasonable and maintainable trajectory once it is in the channel somewhere between $850 & our ATH. I don’t know for sure it will return to this channel but it seems probable and I always find it amazing how even a year later, a channel can resume at completely different price points, maintaining diagonal support/resistance. So far there is no reason to believe it will break this channel, however, if it does, we should anticipate the potential to return to the multi-year trend line around $175-$200 depending on timing. In this case, touching the multi-year ascending trend line is a strong buy signal but be aware, a meaningful break below this trend indicates the end of ETH's multi-year bull run and is extremely bearish. I am bullish, I believe 2020 holds a lot of potential for crypto. I have long holdings and day trade ETH, this market makes it incredibly easy to profit. If you are new to trading, only trade what you can afford to lose, think of it like you are going to the casino and don’t bring more than that. If you do well, how ever much you bring will be enough. If you don’t do well, be glad you didn’t bring more. This is not investment advice, I am sharing observations I have made with my own research. You should always DYOR, don’t rely on any one person or signal. Also as usual, plug for our site, vcdepth.io I use the global orderbooks or an assets global order books to assess when a knife is likely done falling or a rocket is out of gas. I use it for signals of large orders that hit the books, I look for changes in the Market Depth Ratio, many times the books signal before volume and price and also provides another signal to look for divergence from price and volume action.
by EncryptShawn
ETH to $750 as soon as April? Resist @ $240,$275,$300,*$365...ETH Resist @ $240,$275,$300,*$365,$475, $750,$1130,$1400 Ethereum has been on the down and out for two years thanks to a persistent descending trend line of resistance. It would appear as though 14.Jan.2020 we had a break of channel that came back a week later to perfectly test top of channel as support before blasting off! We see a series of locations that will lend themselves an opportunity to provide resistance and potential exit/short points or otherwise providing support to establish a good entry. The lines with bigger gaps between them should be easier to trade for a profit. I have highlighted the approximate area for each resistance point and labeled each of the major points. $365 is particularly notable because that was our high last June, beating out $365 will confirm that we are in a mid to long term ascending bull pattern. If we don’t beat out $365, it could prove this to be a third smaller wave in a series of diminishing waves over the life of Ethereum’s price action. I also highlighted something that I think has a strong probability of coming to play. “Resume this channel”? In a short-mid term very-bullish scenario where the last 6 months could have been a dip of which we then return back to the trajectory we maintained the 8 months before we had our 6 month descending channel. This would imply a rapid recovery, maybe seeing bottom of channel resumed around $750 as soon as April 2020 but against some fairly significant resistance when it arrives if so. If we resume this channel it would infer that Ethereum could be testing its all time highs as soon as mid-July 2020. This actually seems quite possible but my sense of common sense tells me it will likely take longer than this to come to fruition but it really has a great hypothetical setup. Remember though each of these support/resistance points represent an opportunity to go short or long and if we don’t break $365, we haven’t proven a longer term bull trend and it would reflect quite poorly, we need $365. I like Ethereum, it is the most adopted blockchain solution for international business and the crypto dapp and token community. Ethereum has been a pioneer for blockchain adoption and I saw that potential as soon as Microsoft picked them up and started offering BlockChain As A Service (BAAS). The real critical moment and a huge point of contention in crypto regarding mutability was when Ethereum dev team pushed and through consensus, re-wrote the block where $80M USD had been hacked. This gave corporations the confidence to invest millions knowing this was the safest chain to invest their money and backed by Microsoft. Anyway, so I started buying Ethereum @ .88cents. I sold the last two batches I had @ $1400 and $800, I just recently started buying Ethereum again, though not near as much as I had. My gains from Ethereum bought some nice rental property for me that has produced cash flow and equity as well. Those gains also paid for the bulk of software development on vcdepth.io and about 5 other software initiatives and a lot of taxes. The reason I tell you this is that I also would like to emphasize the importance of taking some of your gains off the table and diversifying your investments beyond crypto if crypto is all you invest in currently. Had I let my ETH ride until the bottom, I don’t think I could of bought a single unit/property with where ETH was sitting by December 2018, much less developed software. As always, this TA is not investment advice, this is merely observations I have made while doing my own research. Make sure you DYOR! Oh.. and also please consider trying our site, it’s the only site with real-time and historical market depth and 6 different depths of market and we have order flow coming soon among other things. Here is a capture of eth from our TV integrated charts. > From vcdepth.io
Long
by EncryptShawn
1
ETH broke channel and confirmed support, next $195 then $365?Ethereum has had a 2 year+ descending trend line of resistance which formed into a descending channel after June 2019 highs. The 6-7 month descending channel of sadness. But recently, along side BTC, Ethereum broke out of its channel and unlike the previous break which came back down into channel, this time we came back and confirmed top of channel as support. This is very bullish and suggests the next ETH run is about to happen. Last June we saw a high of $365 so anything higher than that should be considered quite bullish. To establish a definite long term bull trend we need to break above the previous high of $1400. There is a chance we will see a top around $195 making this a 3rd smaller wave however, it feels more like we are about to test last June's highs on this run. Calling for ETH run with notable resistance at $195 & $365 with breaking $365 seen as quite bullish with potential for continued run. Breaking $1400 indicates ETH could see a 5 digit face value in some years. I started buying ETH long at $.88cents. I sold the last of my ETH @ $1400 and then $900. I have started picking up a small long holding again. Its already a big market cap but it is the most utilized blockchain by the corporate world by far and they have a lot of great enhancements in the hopper. I dont see any other BAAS platform displacing Ethereum any time soon, same as no cash alternative coin will displace Bitcoin any time soon. ETH correlates strongly with BTC so if BTC pulls back, expect similar of ETH. Always TA BTC when trading alts to have SA, its the most important indicator. If the market turns sour, consider re-entering position when ETH drops to bottom of that 6 month channel which right now is around $100. The market seems bullish as we prepare to make a major run across most crypto charts, many which have already started. Also please consider looking at order book action for short and medium term trading, its especially helpful for swing trading and scalping. We have TV charts enabled at the moment though still working out some kinks. vcdepth.io This is not investment advice, you should always DYOR!
Long
by EncryptShawn
1