Got a bit overexcited with my last post lol. Looks like we completed the second step; nice bounce before hitting the lower trendline. Maybe a bit more sideways action, but I'd look to long here. (NFA)
Looking good so far, I think we can flip 200 EMA in the next 24 hours.
Smaller step = Faster flip! Added another trendline for new highs, let's see how this plays out.
I'm expecting a step-like pattern to 3k; depending on tomorrow's momentum we could break trendline to 3500 as well.
Nice hold so far, I'm hoping we can hover around 3400 for the next day or so. A drop to H4 200EMA (~3300) would likely continue to 3k imo.
H4 chart just looks too good. I think we can make a solid push from here or at least prevent a dip back to 3k.
Super late post, had to help my parents set up the new wifi. Looking to double bottom here to ~3700, small reset then back to 4k range. Another dip would likely put us around 3k.
Pretty low volume day; bears really in full force. Tomorrow will depend on daily close. I'm leaning towards a correction at this point.
Okay bears need to let us hit ATH already ffs... If we dip I believe we can hold support around 3900; worst case scenario the shown range. Still bullish price action imo.
Broke trendline into some sideways action and a nice reversal trigger; impressive support imo. I could see another push to 4k, small retraction then potential ATH.
Marked out two trendlines on H1. If we stay within assume a stepping pattern; if we break assume a dip to 3600. Update: Still having bad headaches, they seem irregular. Returned home in the case it becomes serious. Will try to post much earlier the next few days while I'm here but it's difficult to stare at my comp at times.
Sticking to yesterday's post (linked). Been having bad headaches lately. Might take the weekend off. I'll see how things are tomorrow, really wanna keep the streak going.
$eth went off today with one of the largest candles we've seen in awhile, currently around +$350! I'm expecting some resistance around 3900, but since we broke straight through to 3800, it's possible we could shoot to +4000. MACD flip has also just begun. I would still assume a potential reset to half the current daily.
Hey guys, I've been struggling lately to get out these posts and I apologize; it may be this way for a while tbh. I appreciate all the support so far and will do my best to get back on track. Please hang in there and thank you again :) I'm very excited that we broke resistance today! It felt long due and I definitely had my doubts with the recent price action....
Wasn't expecting to double-bottom all the way to resistance. Tbh it seems like more of a fake out than a retest; I don't believe we had any real chance of breaking here based on previous price action. I still expect some sideways action throughout the week with a dip to the lower trendline before retesting resistance.
Based on the fact that we dipped below upper trendline, I'm expecting another week or so before retesting resistance levels. I added a 3rd line to indicate new potential lows. As of now I'm anticipating a drop to ~3100.
Looking to hold this upper trendline. Another breakout below could stall us into (late) next week. My ideal scenario would be a push to 3700 range before dropping back to major trendline around 3500. This is a big weekend for NFTs and I wouldn't be surprised if a bunch of $eth gets bought up in the process.
Added a second line to mark lows so far. Still on track to flip resistance levels imo. Expect a breakout by EOW.