Ethereum-bitcoin
KEY POINT THAT ETHEREUM NEEDS TO RECOVERNot happy with the chart shared yesterday, buy zone was not correctly identified, the second box below the key area in this chart is where I should have point the buy area... still accumulating at this point, I dont think this last area will be broken down, that would be a really bad signal. Price needs to recovers the key area pointed with the blue box and close above as a signal of trend reversal, once that happens imo 37k sats will be next.
ETH-BTC is falling. Buy from support!
Hello, Traders!
ETH-BTC fell from resistance just as I predicted.
Now, the pair keeps falling nicely
And I expect it to reach the support confluence
From where we can go long on pullback
Buy!
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WIll ETH outperform bitcoin going into the EOY..LONG ETHWIll ETH outperform bitcoin going into the EOY. I believe the rotation in terms of market psychology for the trading crowd would be lock in profits in bitcoin, FOMO into eth.. get bored in eth.. then get into Alts with good crypto-economics and solid business plans.
Head and Shoulders - "Learn More Earn More" with usInverted Head and Shoulders Definition:
A head and shoulders pattern is also a trend reversal formation.
It is formed by a Valley (left shoulder), followed by a Lower Valley (head), and then another Higher Valley (right shoulder).
A “ Neckline ” is drawn by connecting the highest points of the two Peaks. Neckline resistance does not need to be strictly horizontal.
. This illustrates that the downward trend is coming to an end .
. When a Head and Shoulders formation is seen in an downtrend, it signifies a major reversal .
. The pattern is confirmed once the price breaches the neckline resistance .
In this example, we can easily see the head and shoulders pattern.
How to Trade the Head and Shoulders Pattern:
ENTRY:
we put an entry order below the neckline.
TARGET:
We can also calculate a target by measuring the high point of the head to the neckline.
This distance is approximately how far the price will move after it breaks the neckline.
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Head and Shoulders - "Learn More Earn More" with usInverted Head and Shoulders Definition:
A head and shoulders pattern is also a trend reversal formation.
It is formed by a Valley (left shoulder), followed by a Lower Valley (head), and then another Higher Valley (right shoulder).
A “ Neckline ” is drawn by connecting the highest points of the two Peaks. Neckline resistance does not need to be strictly horizontal.
. This illustrates that the downward trend is coming to an end .
. When a Head and Shoulders formation is seen in an downtrend, it signifies a major reversal .
. The pattern is confirmed once the price breaches the neckline resistance .
In this example, we can easily see the head and shoulders pattern.
How to Trade the Head and Shoulders Pattern:
ENTRY:
we put an entry order below the neckline.
TARGET:
We can also calculate a target by measuring the high point of the head to the neckline.
This distance is approximately how far the price will move after it breaks the neckline.
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex trader ?
Now, It's your turn !
Be sure to leave a comment let us know how do you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
ETH Looking InterestingProbably a bit messy to post but you all should take a look at the ETH/USD chart.
The red box is my breakout area. If the price enters this box it could move pretty quickly.
There are GANN lines, FIB lines and other lines of resistance and support on this chart.
Take a look. I think if we break that $490 level over the week we see a big movement.
Have fun trading!
This is not financial advice
ETHEREUM to $480 !! BREAKOUT!Hey there,
Please support this idea with your likes and follow me on TV!
Ethereum is now following Bitcoin after its strong rise yesterday.
ETH plays ketch-up and currently has no resistance befor reaching 480 to 490 USD!
Small ascending triangle playing into the bulls hands.
ETHBTC just touched a major support trendline of an ascending channel.
Strong signs for ETH to outpace Bitcoin short-term or atleast move alongside it!
Of course in order to maintain Ethereums strong trend, Bitcoin has to hold tight aswell!
Cheers,
Konrad