Buy between 1700 to 1740. Profit taking between 1820 to 1860.
A Possible Quick Falling Wedge. Maybe Range Trading Between 2850 to 3150 for a while for cleaning the stuck floating orders.
ETHUSD pair now counters somewhat pressure at 50 days moving average. Bull and Bear might fighting here for a while. Range Trading between 2900 to 3200 for a while is expected. In this case, Rev-H&D pattern might be on the road. Let's observe it next. It is a personal record only, not for any financial advise.
Recently it is Range trading between 3 days average (4 hour chart 80 bars average) and 250 days average(4 hour chart 1500 bar average). Let's see which side is fake one? Bias is in the long side. Personal Record Only, not trading advise.
We go Long, and plan to go long more. It is a private record only, not for any advice.
It's great, happy range trading after bullish expecting buyers kill new buyers. We hit and run away in recent period. It is a personal record only, not for any advise.
Price Drop Vol Drop, too. It looks like a back test. Personal Record only. Not trading advise.
Last 2 weeks, Friday Dumper dumped on Friday. After rebounce up the price, then dump on Monday. Let's watch if the players plan the same game again?
Recent 2 weeks....the dumper love to dump it on Friday. Let's see if this week will the dumper dump again on Friday?
A possible Diamond pattern is in development. Let's see next.
ETHUSD pair might be running in the Green Channel(please see the chart) This is a personal record only, not trading advise.
As per Friday Pattern reply again, red circle, Maybe Saturday and Sunday Pattern, green circle will reply again. If it is in this case, a big Triangle is in development. Let's see next...
Let's observe if this is the bear donate a GIFT to bull? If breakdown 4020 and 3977 then maybe it is not GIFT. Bias, Overall it looks still bullish.
14th August, 2021 we mentioned Next Target might be Target 1: 3366 Target 2: 3469 Target 3: 3813 after forming rev-head & Shoulder pattern, They are all reached.
Bias is Blue one. Price drop volume decrease, may be the bull push down to buy. Manage the risk. Let's see development next. Personal record only, not an advise.
3366 is 0.618 of ATH (4384.48) to correction Low(1718.41). 3469 is the 17.235 extension of the initial wave. 3812 is 0.786 of ATH to correction Low. Next Target? Let's see it the next target might be above-mentioned after bullish flag standing above 50% between ATH and correction Low. (said maybe rejected by back test 10 day average ) This is a personal record...
It seems ETHUSD would like to Trade Between 3000 and 3260 for finding new direction.
As per our previous analysis--a bottom trading pattern(Bear control the market, but strange), and now it seems want to challenge 2900 to 2999 Target Zone. Let's see ETHEREUM lead CryptoDigitalCurrency market to challenge this target. A huge fighting might be expected.