Poloniex
ETH USDT 1hr Short Term Outlook
>I'll be focusing right now on the shaded triangle area, since a lot of possible support/resistance trend line & Fib levels available.
> ETH is making a push, I'll wait if it stays below or above my dashed trend line (760 area)
>It already broke my green resistance trend line (744), and surprisingly pushing to break the violet one around 755 area.
>I'm very optimistic the is a good sign for this week, since Consensus 2018 is almost there.
>But, Eth should have at least 2 4hr stick above 760 to confirm another breakout.
>As of now I'm still looking for another sell off going to 710-725.
*Reminder
>Please be always cautious of your entry and exit trades since ETH most of the time moves almost the same with BTC -2.28% 0.59% -0.92% -1.54%
**Disclaimer;
>This is just my 8th TA, still a novice work and definitely not a financial advice.
**Comments and constructive criticism will be fully appreciated so I can improve more with my TAs. Thanks for checking my work!
ETH Still Trying to Break 800 & may Continue its march to 900++>Eth is still grinding to break 790 - 800 zone and to go back up to the Red Thick Uptrend line, 805 region.
>If the price stays above 792 (0.618 Fib), its a very good sign of another upcoming run.
>A candle stick that stays below 775 (0.236 Fib) may delay another run.
>Please be cautious, its early morning in Asia, anything can still happen this weekend
*Reminder
>Please be always cautious of your entry and exit trades since ETH most of the time moves almost the same with BTC 0.59% -0.92% -1.54%
**Disclaimer;
>This is just my 7th TA, still a novice work and definitely not a financial advice.
**Comments and constructive criticism will be fully appreciated so I can improve more with my TAs. Thanks for checking my work!
ETH Bouncing at 23.6 Fib Possible Down to 740 at 38.2 Fib level?ETHUSDT
>ETH is currently making a huge wicks, which seems like a support at 0.236 Fib Level from 628 to 810 Price range.
>But also "not" making a higher highs on 1hr chart.
>A correction to 740 or 38.2% Fib level could be another possibility before it makes another run after this weekend.
>A 2hr candle stick below 767 may confirm this possibility
>A candle stick that stays above the black dashed line (783) may abort this possibility and may continue to push the price up to 810 again or even higher.
>This are only for short term possibilities, check out my last chart where I published my long term view.
*Reminder
>Please be always cautious of your entry and exit trades since ETH most of the time moves almost the same with BTC -0.92% -1.54%
**Disclaimer;
>This is just my 6th TA, still a novice work and definitely not a financial advice.
**Comments and constructive criticism will be fully appreciated so I can improve more with my TAs. Thanks for checking my work!
ETHUSDT Inverse Head & Shoulder, Imminent Short Term Correction>Bullish Bias, but I'm shorting this time since I'm very certain of a coming correction due to the recent run
>Ether is currently struggling to break 810 level but already made a decent run. Expect exhaustion at this point.
>790 is currently a support level with red uptrend line. A break below this level could pull the price to 770-740 range. (this is really possible especially if BTC correct after its recent run too).
>700-720 seems to be a very decent support, so I expect only a correction above this price.
>Break below 700 may cause a reversal.
>My call last time was a cup and handle and I believe it is still in play since we are in a bullish market now. But that kind of run usually happens during December, although this time Consensus 2018 is also a good catalyst. Now I'm still looking for anther pattern, an Inverse Head and Shoulder but still in a bullish scenario.
>It is still lacking some support but I'm considering it with higher possibility. Please be cautious since I only used support and resistance to draw that chart(no fib or what so ever).
*Reminder
>Please be always cautious of your entry and exit trades since ETH most of the time moves almost the same with BTC -1.54%
**Disclaimer;
>This is just my 5th TA, still a novice work and definitely not a financial advice.
**Comments and constructive criticism will be fully appreciated so I can improve more with my TAs. Thanks for checking my work!
Decred | Insiders?There is unusual price action on DCR. Sometimes people know about news before they came out. Lets try to join them.
That triangle broke down right to the resistance. Lets buy it with a tight stop right under that resistance – on 0.00845
I will sell 25% of bought DCR between 0.0097 – 0.00985, then 50% in the 2nd sell zone between 0.0106 – 0.0107. The rest 25% I will leave for a long run if there will be any
Please remember: my trading style is agressive and percentage of buys is high. You should always ask yourself if you are capable of losing amount of money that you put into after stop-loss is triggered
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ETHUSDT Preview After this Recent BreakoutBullish Biased due to the upcoming Consensus 2018
>Ether just broke the 720 resistance and reached up to 730 earlier. The price is now bouncing at 705 to 725 zone as clearly seen in 1hr chart.
>Another 4hr candle stick bounce above 720 will confirm a good support at that level and may trigger another run.
>700 at the moment is a good support but a break below it may abort this bullish run and may swing the price to 630 (but seems less probable because of upcoming consensus).
>The ETH price is above my cap handle and a break above 745 may push the price up to 880 going to this weekend.
>StochRSI is at the top at 4hr chart, some swingers may short at this time, hopefully not including whales so 715 to 720 support would still hold
**Reminder
>Please be always cautious of your entry and exit trades since ETH most of the time moves almost the same with BTC
**Disclaimer;
>This is just my 4th TA, still a novice work and definitely not a financial advice.
**Comments and constructive criticism will be fully appreciated so I can improve more with my TAs. Thanks for checking my work!
PrimeCoin [XPM] Fired Up And ReadyLooks like PrimeCoin has woken up and is looking very promising. Every indicator applied shows it continuing its growth rally for now. 50% Fib retracements are pretty apparent every time it finishes one of its impulses. From the look of it, we are at the end of wave 4 (retracement) before continuing on to the 5th and final wave of the current EW Wave Cycle, before a stronger and more significant ABC correction.
Buy In = .00362-.00385 SATS
Target #1 = .0045 SATS
Target #2 = .0056 SATS
Target #3 = .0076 SATS
Stop Loss = .0033 SATS
***This information is not a recommendation to buy or sell. It is to be used for educational purposes only. it should not be considered financial advice***