🔴Ethereum 1h Channel broken🔴Confirmed Reversal
Below Track Line (High intensity)
🔴 Dots
Red Trend Bar
Tradingalpha
🔴Weekly Chart (Stage 4 in progress) 🔴As I said before, if you put Emotions/Feelings into your trading, you will fail.
Financial markets don't work that way and never have.
Be Safe 🙏
ETH 4D 🔴 Above Track LineStage 4 still in progress with no signs of strength.
- Confirmed Reversal
- 🔴Dot
- Squeeze Breakout + Weakness Arrow
- Red Trend Bar
- Confirmed Reversal
- Above Track Line ( Hight Intensity)
- Above EMA 500
Testing Resistance zone with no signs of strength.
For now all red.
🔴Bitcoin Weekly Technical Analysis🔴No good news to Crypto Market.
With all that is happening in the world at large, one could not expect anything else.
Stage 4 in progress with no signs of relief.
I can see a possible pullback to $23.3k ish and down again.
Can ETH hold this RSI support?- Resistance TL bounce
- Track Line broken (high intensity)
- Golden pocket
- RSI support trend line
Bitcoin 1h Stage1 in progressAfter a nice stage4 with a nice 16% drop, is time for accumulation (stage1) until next move.
The range for this stage should be between $20k and $19k.
Bitcoin another 13% drop As far I can see this is not over yet.
$19k ish still my target.
- Confirmed Reversal
- 🔴 Dot
- Bearish trend bar
- Track Line turns red
- Track Line bounce
-Squeeze breakout + Weakness arrow
Downtrend in progress.Quite honestly I don't see any signs of reversing the current downtrend situation.
Maybe a pump of relief and down again.
This can take weeks or even a few months.
Let's hope for the best but given the current situation in the world, at all levels, I have my doubts.
Ethereum at Support Zone!!This is the moment!!
Can we hold?!?
- Confirmed Top
- Confirmed Reversal
- Red Micro Dot ( bearish )
- Confirmed Reversal
- Squeeze Breakout + Weakness Arrow Signal
- Weakness
Bitcoin at Support Zone!!This is the moment!!
Can we hold?!?
- Confirmed Top
- Red Micro Dot (bearish)
- Fake Squeeze Breakout (squeeze + reversal)
- Squeeze Breakout + Weakness Arrow Signal
Bitcoin "The End of the Cycle (Part II)"We have entered the same zone as summer 2021.
As you can see in May 2021 (1) BTC bounced at the EMA 100 and is now (2) doing the same pattern bouncing at the EMA 200.
In May 2021 after bouncing on the EMA 100 we had an accumulation period where we reached $28.7K.
Considering this scenario, it will have to be repeated, which could take us two months until we have an uptrend again.
