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Ethereum-bitcoin

A HUGE SCALPING POSTITION SET UP FOR ETHUSD NOW PLAN - Wait for the completion of the right shoulder formation to get into the trade. Those who wish to scalp can TP1 at 1056. - Those who wanna hold their position to the TP zone of the "HEAD AND SHOULDER" at 990, put your stop loss at entry once the price surpasses TP1. This trade would make a 850% profit. INFO - Huge volatility expected while breaking into the green box at 990. - If the price closes above the green box, then it is high likely that we are going up. Otherwise, we are still going to our target price. Signing off, THECRYPTONIZER
COINBASE:ETHUSDShort
by Thecryptonizer
8
BTC & ETH still showing bullish signs, Learning the BARR Bottom The BARR Bottom is one of the most reliable Chart Patterns out there and signifies a fast moving reversal after a strong sell off. The price has a small lead in phase referred to as the "bump" then a strong sell off, which leads into a almost hook shaped or J shaped reversal upwards, the price should create a downwards sloping angle of 30-50 degrees, this pattern usually precedes fast moving bullish trends, and the mirror of the pattern the Bump & Run Top (BARR TOP) usually precedes fast moving bear trends. The appearance of this pattern gives us a sign that there is strong buying momentum • The “bump” (first phase) is usually rounded or choppy in appearance • Look for extreme downwards movement followed by sharp retrace (”run”) • Usually at a steep angle with huge volume • Almost exact in appearance of the image provided Until we get a confirmed close underneath the support below, it is probable that Bitcoin & Ethereum both push towards the top of the Structure for a potential breakout. More Examples are linked below and here: If you enjoy the content, you can support us by liking and commenting with your thoughts, thank you traders!
Long
by Worth_The_Ri5k
5
Putting the crypto rally & pullback into contextWatching a pullback in crypto, as a technical trader, I find #Ethereum to #Bitcoin ratio descriptive of the general move in this space. (Is it fair to say that like with #silver to #gold ratio this could signal risk on / risk off sentiment in this space that helps understand the direction of the next move?) Anyway, important levels I watch: Fibonacci 1.618 extension and VWAPs from late December. 0.3090 resistance must be cleared to make me more aggressive. 0.289 must hold before I start getting concerned. What levels / patterns / indicators are you watching?
by gkretinin
Best Ethereum Trading IdeasEthereum has met its relative high, and is finding resistance there. This looks like an extended fifth wave in the 5-3 Elliott Wave. Watch for it to retrace a bit then break out further. The target is still $1261, a Fibonacci Extension. We are currently just shy of that at $1163, which has proven to be another technical level. The Kovach OBV is strong but has leveled off a bit. The momentum in general is still very strong here so any dip can be considered a buying opportunity.
BITSTAMP:ETHUSDLong
by quantguy
1