


Greenhill
Expecting a Dip here, volume is down, a few spot sellers & longs from the bottom to take profits here with resistance at current level !! Target 4200 give or take a few Yuan.
Volume has dropped drastically over last few weeks compared to average since eth broke out months back, we have been a Bear cycle for sometime but we are far from the Bottom, with the 18 million Eth refund imminent, panic selling is hard to avoid with panic selling which will result in a complete collapse of the price with DOA refunds trying to beat others to the...
euro down, GBP down , Yaun more devaluation, BTC halving rockets on beast mode with all the new money. Nobody wants to sell , supply going down, demand as high as its been for a very long time & growing, All indicators suggest to me we will have a bullish FOMO. the money from the UK exit is only reaching the markets now, lots of new fresh money from the UK &...
Bottom is in! the bottom support line has been tested, trend reversed at 3700+ to 1750+ range over months, thats over 50% of value gone from the top.. at this point all weak hands are out, spot holders wont sell here, the ones that could not bare it already sold, here its margin bears vs Margin Longs + new spot bags. i have bought spot at 1800 range. very...
we are looking bullish again, big bounce off 2000, strong support at 2500-2700. over the next 4-5 days we should be targeting 3500-3750. take profits on the way up as near the top it will sell off fast. 3300 to 3400 very safe, up to 3750 with hard sell off.
Here is the last short coming up on current down trend.
As most people trading eth no its a pump & dump. at current levels would be wise to dump & take profits... We will go short but only when you see movement, in a normal market we could go short with confidence at the current oversold level but as eth price is kept up using bots we need to wait for those to change direction & start to sell at the top to take...
2300 is proving to be a major point of resistance. Profit taking is taking place currently as bigger bag holders slowly take profit at the top. To stay within the trend Channel we will open a short here with a tight stop loss looking to take profits at 20000, its likely it will will go below that but we will take profit at this point as on the last dip yesterday...
These 2 green lines are made of steel, will take a considerable move to break ether at this time! I am still bullish at this moment with the longer bull trend being tested many times over the last month. Long 442 to 453 lock in profits, breaking 450 will increase the chance of this becoming a major bubble to halving exponentially. this is what i expect & has...
438 is key to open new long position. Still very bullish at this time. closed current long at 437 to lock in profits, if break the upper line i will be long, locking to lock profits just below 450, will be long again 453 + anything below 422 i would open a short with a profit lock below 410 but this is very unlikely as over all bullish trend is strong.
Trend line here should let us know if its breakout now or some more dumping going. very tight stop here, if it break this line we are back to 445+ going short for some very quick returns.
Triple top over the last week, could not break the long term down trend line. We have now reached the end of the current bull run, Expect a sharp drop in price reaching bottom at 345-360$ a great opportunity to buy followed by uptrend all the way to the halving with long term target of 550 to 650$ just after halving! Be patient & buy your Bitcoins at the right...