Right now BTC seems to be at the crucial crossroad again. There is an increasing support line wich we hit a couple of times on the ongoing decline. There are 2 possible scenarios: 1. GREEN: BTC bounces successfully from the orange support line. Due to the fact that this forms sort of a wedge with the lower highs of the last decline wich is coming to it's tip we...
Since ETH had a strong correction yesterday ETH failing to crack the 580€ resistance, it is now consolidating in the bottom of the green uptrend channel. Since the support of this channel stoped ETH from loosing more we can still expect the rally to go on in the next couple of days. Personally I expect it to retest 580€ and even crack it by the end of next...
The green lines show the main upward channel of ETH. ETH went a little too high yesterday and left the channel to the top where it tested multiple times 580 but hit very strong resistance. Therefore it had to retract back in the channel where we are now checking the bottom. So the are two possible outcomes: 1. We can hold the bottom of the channel wich sends the...
Here are my thoughts on ETH for 2018. There is an ongoing linear growth since 2017. The linear growth was left 3 times but then returned back to linear support forming a flag pattern. After the flag we had a huge breakout to a new all time high. So right now we might be in the beginning of another flag-pattern wich ends at the end of 2019 where another huge...
In the last days we had ETHEREUM touch the linear support formed by 2017 developement. Though I was hoping we might be through with the bears ETH didn't get the momentum yet it needs to reverse the trend. What we see now is another head and shoulders pattern wich takes some time but then I think we're going to see another drop. Don't be fooled and invest now. Wait...
Lately we saw a huge impulsive wave wich is now followed by an ABCDE correction wave. In the upcoming days we are going to see ETH going below the 400€ mark where the correction will stop at something around 350€. Allthough there my be a possibility of an ongoing downward move in the regression channel I strongly suspect that we should return to the healthy linear...
After the last couple of bearish days I lost confidence in my previous ETHEUR analysis. Especially because guys like "sebastian.seliga .7" said we might be in ABC correction. But now I am even more convinced that I'm right. ETHEUR hast been extremely cyclic and has already performed at least 2 of these cycles and right now we are in the 3rd. Every cycle starts...
After bouncing off from the support at ~650 it seems like the correction is over. ETH is on it's way back up to a local support barely above the 1000€/1200$ mark. It will stay at that level for a while to consolidate and get new momentum. Then we should see ETH break upwards again to seek a new all time high. Since BTC struggles more and more to recover from...
TRX should break the triangle soon. If it breaks upwards we might be able to get easy +100%. If it doesn't shoot up now and remains on the support there might be another exit on the way. I'd recommend buying now as long as the price ist that low. --- I do not take any responsibility for your trades. Anything is possible in crypto.
I am pretty sure we see price moves similar to the ones around christmas. ETH should check the support at around 660 like it did after the big gains in december. Buy at about 660 and wait for new all time high. --- All trades on your own risk.