Hi Traders ETH broke the 4H Orderblock, BOS (Break of Structure) and ETH broke also the Symmetric triangle with a strong IC (institutional Candle). Let's see if we can stay above it. If we have 3 x 4H candles close above the POI, this will be a good sign. There's a possibility that ETH will come back to test the Equilibrium of the...
Hi Traders Bitcoin is still in an uptrend on the HTF and is accumulating. In this accumulation BTC is forming a possible W pattern with a TP op 36400 which is a good sign for the longer term. --------------- Traders: If you like the idea, please, hit the Like button and subscribe to the profile in order not to miss any updates. Please write it in the comment...
Hi Traders If we break 352$ and have a retest of this level, I'm considering to go long. --------------- Traders: If you like the idea, please, hit the Like button and subscribe to the profile in order not to miss any updates. Please write it in the comment so we can manage the trade/ideas together. The information given is never financial advice. Always do...
Hi Traders, ETH is making an H&S pattern for now. If we take the EW, then the retracement gives us a possible zone of 230$ a 260$. Golden Pocket zone is @240$. Trade safe!
Hi, at the moment ETH could be forming H&S pattern. Trade safe!
Hi Traders On the Daily we see a possible reversal candle on the support zone. --------------- Traders: If you like the idea, please, hit the Like button and subscribe to the profile in order not to miss any updates. Please write it in the comment so we can manage the trade/ideas together. The information given is never financial advice. Always do your...
Hi Traders, so far so good. The previous idea still stands.
DAILY - 2 daily rejections - a possible daily close with a Doji candle (Neutral) but must of the times a reversal - Heavy daily resistance zone from 270$ till 290$ - If we draw a fib from the previous low to the high, the 0.5 level is into the demand zone => ETH will go back to the demand zone (225$- 217$) before a move up can happen.
WEEKLY: - Bitcoin is making on the weekly TF a hidden bullish divergence and is landed in an order block - If we take a bigger view of the weekly and we draw a Dynamic Resistance line from body to body, not body to wick, then we see that 9420 is an important level of resistance. - Daily - Daily candle is making a Bearish Harami Bearish Harami...
Daily The next area from 9040 till 9678 is fast if we look to the past, but the last time it took Bitcoin 13d of resistance and the first day of these was a pump too 10800 The 50EMA is getting closer to the 100EMA and 200EMA 8500 now has support from the 20EMA A retracement to 8700 would be healthy, in bullish momentum, Bitcoin doesn't retrace. 4 HOUR You...
If we take a look @ this, then we should have a little retracement to the weekly S/R line (white line above). No we have support from the 0.5 fib.
My TA tells me that ETH is forming a Cup and Handle Pattern, the retracement of 153 should form a 1/3 retracement from the Cup.
Bitcoin is about to complete a bat pattern.