Ethereum Short Term Sell IdeaH4 - Bearish trend pattern followed by a pullback.
No opposite signs.
Until the two strong resistance zones hold my short term view remains bearish here.
Ethereumbuy
Ethereum - Looking To Buy Pullbacks In The Short TermH4 - Strong bullish momentum.
Higher highs.
No opposite signs.
Until the strong support zone holds I expect the price to move higher further in the short term after pullbacks.
Ethereum Short Term Buy IdeaH4 - Strong bullish momentum.
Higher highs.
Currently it looks like a pullback is happening.
Until the two strong support zones hold my short term view remains bullish here.
Insane Bullish Signal For Ethereum! FLIPPENING!*Disclaimer, this is not financial advice, just my opinion as a crypto enthusiast.
ANALYSIS
On the weekly ETH/BTC chart we have a "cup and handle" formation which is known to be one of the most consistently accurate chart pattern.
PATTERN CHARACTERISTICS
*The base of the cup is very smooth (rounded) rather than jaggedly or V-shaped which gives this pattern more credence.
*Volume is drying up as the handle forming; reaching its presumed lows
*The handle is a within range, dropping around 25% so far and staying in the upper range of the cups base. If the handle drops below 30% this makes the pattern less likely. *However this has been a very long cup and we are potentially at the bottom of this possible short bear market we're experiencing; which can cause extra weakness and shakeout, in this scenario the pattern would still be completely sound if there was a further shallow decline.
TARGET
*Target is calculated by drawing a line from the bottom of the cup to the top and adding that to the breakout from the handle
*The breakout has not happened yet so this is still unconfirmed
*Breakout should occur on strong volume and surpass the high of the cup's base
---> CALCULATED TARGET IS APPROXIMATELY 0.15 (which would take Ethereum back up to it's All Time High.
Let me know what you guys think, is this possible, would this result in a FLIPPENING, would really love to hear your thoughts?
Bitcoin & Ethereum Volatility ( 1 Month )Today we have seen Bitcoin and Ethereum come under selling pressure as Elon Musks and The Chinese Central Banks comments on Bitcoins caused investors to sell the Cryptocurrencies.
However, the pullbacks in price are actually within the average 1 Month Historical volatility of both coins!!
This is really important to understand so please watch, so now is actually a better time to buy if you believe in the long-term outlook for both Coins to go higher.
Ethereum go to explode soon!!! Still alert on Ethereum!!!www.tradingview.com
In Daily timeframe, the trend is clearly bullish in general!!!
In H4 timeframe there is a simetric triangle that was updated today, and we identify a pull back and another long position to entry in Ethereum, I put anohter buy order limit at the exact zone where I entry in my first entry on Ethereum because Ethereum has the possibility to explode soon. I have 1.30 ETH + 1 ETH right now in the buy order limit.
And now, in H1 the trend is clearly bullish. So we hope a bullish moment.
In summary:
Ethereum was in the simetric triangle in the past days and then, the bulls are defend Ethereum a lot!!! And also, if you noticed it, in the H1 timeframe I mark a Fibonacci trend of 0.392% and 0.618%, so the price is reach at the 0.618% of Fibonacci. That Fibonacci is marked in the H4 timeframe:
So, we hope that Ethereum reach at the $426 USD as target profit. I put a buy order limit at $380.50 USD with a SL at $370.01 USD. So guys, the bouth take profit for these entries is in the $426 USD, and these entries has the same characteristic and specification of SL and target profit.
Good luck!!!
