A healthy retracement is nice, the bulls need to catch a breather... IMHO BTC will not go below the 5k mark. Why? you may ask. There's is basically no valid TA in my chart. Just an apparently arbitrary fibonacci retracement tool randomly placed. Well, the fact that in the last climb there wasn't enough bloodshed in alts makes me think that new fiat came in. All...
In a previous post I shared a few points on why I believe NEO is a good coin to trade/hodl. If you take a look to Ethereum's chart around March 2017, you will notice a similar behavior with NEO... well, let me rephrase that, if you compare a current chart of NEO with an Ethereum chart from March 2017, you'll notice a very similar behavior. NEO is being called...
I've been away from sharing my charts for a while now, but NEO (previously known as ANS or ANTShares) is the reason I got back. I've been following this coin since it was 14USD (only a few days ago) and it has exploded to the 50s! It actually had 140+% growth in a week... It's too soon and we don't have enough history to make proper TA, so I just threw some...
My previous posts on ethereum where optimistic, I can't deny there were some feelings involved. Now, I worked this chart as cold as it could get... just facts, no sentiment. First of all, the general picture at the crypto market is reflected on red, negative numbers. There are several factors that must be observed: Bitcoin's hardfork on August 1st ...
A couple of days ago, I published the base for this idea here , and it went accordingly, however, I decided to correct some things, since I believe we are near a breakout. This is part of the original text... Since harmonics and impulses proved noneffective, I went with a simple triangle and I see two possible outcomes: 1) If A1 and A2 are the legs of a...
Ok, just published an idea where I portrayed ETH as a kid and BTC as a grown up... Thing is, BTC is on a very bullish trend and there are many signs of him to continue behaving this way. Actually everything... even Goldman Sachs (which bothers me a little... there something shady on that end, but I need to dig a bit deeper). Anyhow, BTC is on its way to...
Of course the kid will grow up. This is what got me into Ethereum, all this challenge to analyze and figure out where he will go next, and the promise of course, of growth... Since harmonics and impulses proved noneffective, I went with a simple triangle and I see two possible outcomes: 1) If A1 and A2 are the legs of a double bottom, we will see a nice...
RSI picking up, money flowing in, moving average trnding up, volume increasing and 4 (5 by the time I am publishing) green candles in the 4hr chart... BTC is on its way up again. Hard for me to set a target, still we need to break some resistances, but I easily see BTC over the $2500-2600 area.
Still working with the 4hr chart (2 days now) and we got 2 green candles, rsi picking up and moving average signaling a bullish trend. If you think is too late to get in, you might want to wait on the resistance test @ .124, if it holds, then we have another chance to get in. Things are picking up for BTC, LTC, ETH and ZEC. Stay tuned! By publishing this idea, I...
After the recent retracement, Ethereum market opened a good opportunity for long. I also decided to work a bit with the 4 hour chart. When the ATH happened, we enter in a downtrend that formed a triple bottom (please ignore the harmonics in the chart) which, in turn, ended up in an uptrend which I am seeing as the first wave. Coincidentally, there's a support...
Well, I said I was being optimistic... but this retrace could provide nice buying opportunities at lower levels and actually prove a healthy part of the buildup. In a few minutes we will have a better idea on where are things heading. Volume is low, RSI isn't picking up, but money started to get in... Still confident in seeing an uptrend.
It's been an intresting day for ETH and BTC, crazy moves on ETH side, but it keeps following the trendline. This is my last post for the day, I keep holding. I believe I will wake up to .130 or higher and, if things go as planned, we might see that .150 by the weekend... and yes, I'm STILL optimistic. Don't forget BTC and ETH together hold 70% of the total...
Feeling more optimistic, some sales happened where I believed it would happen... and who doesn't want to TP? But it's still a long and hard way to .150 (All-Time-High). BTC is also doing well, looks healthy, actually a healthier climb than the one of ETH. I would love to see BTC @ 3000 and ETH @400 USD. If you decide to ride the waves, reentry @ 0.122 - 0.123...
ETH is slowly but steadily gaining ground towards it's previous ATH @ 0.150. Money flowed in all night and RSI kept above 40% which ia good for both ETH and ETH holders. A good entry point would be @ 0.118 - 0.119 OR @ 0.122 after trying to break the 0.125 resistance THIS BY NO MEANS IS AN INSTRUCTION TO ACT IN A CERTAIN WAY, IT'S JUST HOW I SEE THINGS.
I woke up to this chart... volume and money kept good levels, people still coming in. I know I am getting too optimistic, but ETH seems to be well on its way to the All-Time-High @ 0.150 I rearranged this quickly as an update, I'll put more time in it in a couple of hours. My current target is .13 If you like it, or find it useful in some way, please share.
Well, my very first public idea proved useful, If it breaks next resistance above .1145 (which I find very unlikely) then we will have a new support to begin tomorrow. However it was an exciting ride. I really hope this was useful to those nervous ETH holders. Let's se how it goes tomorrow.
After all, it seems that we are going to have ETH in the 300-350s range. It actually took less time than expected to break the resistance levels that I originally draw. BTC is also doing fairly well, so, money from people who looked at ETH as an alternative will probably be taken back to BTC thus reducing volume. Anyhow, confidence is slowly gaining ground, and...
I am in the process of learning the tech on charts, and I wanted to share this, it seems it's been following. I will appreciate suggestions and of course, corrections. Here's the first shot of this analisis: Thanks