A clearly favorable situation, Ethereum, who managed to break two major resistance zones at levels 780 and 910. From here, surely, the next target area is the 1000 threshold that we may see today.
MACD has become bullish, it can easily see the formation of the new bullish line that is beginning to consolidate over the day.
My next target is 1200.
I have to admit that I have a very bullish vision with regard to Ethereum.
Once the major area is passed (850) the price reaches a maximum value, then we get a confirmation of the major support area and the climbing will continue.
Although the price fails to make new highs and exceed the 1300 area, I wanted to remind you that the
January months always represent...
As we can see from the above images, Ins / Eth had a perfectly symmetric and perfectly correlated motion with the Fibonacci 1.61 and pattern triangles.
The AB, BC, DE waves, as well as the sides of the rectangular triangles, produced break-up moves to the Fibonacci level of 1.61.
Besides, there is no secret for professional traders, as these levels are some of...
Bitcoin's recent evolution has been extremely unpredictable due to major events and news that have moved the market in an uncontrolled way. What is very interesting is the ease with which this pair creates patterns.
In the MACD indicator area, we notice the climbing trend, yet we can expect a rapid explosion of the price. On the 4h chart, it is very easy to see...
Although INS/ETH is in a slightly downward trend, which can be seen through the channel that was drawn on the graph, its potential will be rising in the coming days.
The price is determined by 3 major areas of support and resistance. These are the basic skeleton of the chart. At this moment the price is in the main support area number one, support that will...
