ETHEREUM - To The Moon!In our last analysis we were bullish on Ethereum and was looking for a bounce off the structure level of $2400. Price retested that level and shot up over 30%!
We have now past another significant structure level $2900 and looking for a retest of that area and trendline to take Ethereum higher!
Ethusd-signal
BITCOIN - BIG Buy Ahead - Do NOT MissBitcoin is making clear and steady moves and we can potentially be seeing a bigger correction back to the major ascending trendline which lines up with the 618 fibonacci and a support zone. We could be in a channel and looking for a break of trendline now or at the 786 fibonacci which lines up with the possible channel.
Watch the fibonacci levels closely and wait for break of trending before entering.
See links below for more charts relating to this idea.
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Ethereum to hit $660.Ethereum - Intraday - We look to Buy a break of 605.2 (stop at 586.2)
Trading close to the psychological 600 level
Daily signals are bullish.
A break of 600 is needed to confirm follow through bullish momentum.
We can see no technical reason for a change of trend.
Trading volume is increasing.
Our profit targets will be 662.4 and 690.9
Resistance: 600.0 / 650.0 / 700.0
Support: 580.0 / 560.0 / 540.0
I'd like find Bottom & Top, ETHUSD.Without procrastination in the price we're seeing fall immediately after raising wave . Role of pin-bar is very important in this case.
ATR(at 40 points) is useful to decide next week candle range prediction.
For example , suppose current candle closed at 210 + ATR 40 = next week target 250 nearby.
Let's move to lower time frame:
hit:put the alert for price crossing outside of upper/low bound of the parallel channel.
CONCLUSION : As per ATR and Candle observation, Keep buy until price is above 198.
I"d like to find bottom and top mostly. We need patience here.
Update: The CLEAREST chart in historyAn update for our signal which earned us +20%. What comes next, after we had successfully predicted the reversal?
DUSK/BTC has fallen back to a state of relative compression. Periods of 200, 100 and 55 are regressing below the necessary level of 0.7 on the WAVE-PM indicator, but still need time to do so.
14-day volatility characterized by the orange oscillator is below critical levels, and therefore has enough potential to produce a short-term movement in the following days.
Its target could be the 200 MA on the 1H chart, or similarly the 50 MA on the 4H chart (turquoise color). As this is a more risky signal, we DON'T recommend taking it without setting tight stop-losses and doing your own research first.
For the rest of the compression, the price should remain inside the 50 MA Bollinger Band on the daily chart, which is currently at the levels of 537 (lower band) and 667 (upper band). These are the relative highs-and-lows, and a movement on either side should be stopped by them until enough volatility ceases to be and a new trend begins. Please, use the displayed purple band for an approximate reference.
Commodity Channel Index, custom volatility indicators and Bollinger Bands and their derivatives were used in the technical analysis. This is not a financial advice and you agree to take 100% responsibility.
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ETHUSD Reversed H&Sis about to be formedCurrent market fall caused by BTC price decrease affected ETH market. However this decline will form reversed H&S pattern. This combined with indicators status will force the price move up till it reaches previous heights. Before this happens we expect a little drop to Fib 0.786 support level around $640. Overall the market seems to be fine and should be bullish soon.
We still recommend to wait before open any new deals.
ETHUSD Heading to 950 before the fallAfter having made a strong rebound on the daily trendline (orange) last week, ETHUSD will probably reach the 920-980 area this week. At this level we expect a reaction on the oblique resistance in order to target a new test of the daily trendline in orange on the chart.
ETHUSD is going long above 475.00 to reach 550.00ETHUSD is inside a horizontal range between 400.00 and 475.00. A breakout of one of these key levels could give a medium-term orientation but we think that the pair remains bullish so we bet on a breakout of 475.00 which could lead the pair to 550.00 soon.