Just a thought. Lots of bullish ideas like this presently. I feel the breakout is confirmed at this time.
I'm tracking the same bull channel as everyone else. Through Q4 I'm hodling and buying the dips. The biggest mistake I make trading is giving in to impatience. Good Luck! MrDamage
While we may still have a fair bit of 'pandemic' yet to suffer, I feel confident enough now to say that I think the end is in sight. I begin to wonder just what effects the new post-pandemic world will have on the cryptocurrency markets, and more specifically, Ethereum. The daily chart depicting Ethereum's history with the COVID-19 pandemic highlighted obviously...
Ascending wedge developing on the hourly. I’m still stinging from the dramatic correction we had a few days ago (Aug 7th), but it was only a correction and the market is still bullish overall. Time to move on. I expect to see a little breakout in price sometime today up to around $3720 (previous resistance level). Need a Stop Loss at $3420 in the event of a...
I like the look of this bull pennant that is developing on the 2-hour. The value of Eth has been in a solid and steady bullish trend since July 19th and, just recently, a very exciting push that created the pole of this pennant, Applying Fibonacci levels from the base of the pole (the strong bull-run that began August 31st) to the most recent high just over the...
Applying Fibonacci levels to the robust bullish push that began August 31st, I see the expected support/resistance patterns at the predictable Fib levels, all the way to the psychological $4000 price. This is very normal and predictable bull market movement. Note the falling wedge pattern that developed today. A falling wedge in a bullish trend is a great...
Slow and steady bullish trendline since late July with supporting Fibonacci levels. I expect another 7-10 days of lateral movement below the $4000 level followed by another energetic 2-3 day bull-run. Note the falling wedge pattern that developed today. A falling wedge in a bullish trend is a great opportunity to scalp a few bucks (if you're an experienced...
Slow and steady bullish trendline since late July with supporting Fibonacci levels. I expect another 7-10 days of lateral movement below the $4000 level followed by another energetic 2-3 day bull-run.