1. 5 MINUTE 20 & 50 EMA cross
2. NAS respecting upwards channel multiple times and has landed at the rising support once again.
3. Signal Indicators also indicating Buys
If i’m basing my analysis using The Fibonacci Retracement, After the break of the Wedge it was expected that we were gonna drop in price to where we are now , Now we’ll be looking for the Retests of Fib zones towards the top such as the 0.236 and others around it. I’m looking for price to touch the 0 Area again but who knows it might take a day or 2. Keep your...
If I'm using the Fibonacci tool along with my bias, I'd get the idea that we are on the way to 34.5k area after a retracement to the 70+ percent zone on the Fibonacci. Seems like it could be promising so I'll wait for a breakout. but, since it's late it will, unfortunately, more than likely happen while I'm sleeping lol.
Potential Head & Shoulders forming on the 1 Hour Time Frame, If we break the neckline we could see Ethereum being shorted a bit down to the recent $1800 range again.
Here’s my analysis for the next upcoming hours today that I expect price to reach while in this channel.
I’ve entered into my trade already, let’s see how this goes :)
Today was a great day for TRIAS, we started the day off ranging at 9$ for a bit before then flying to 15$. Not to mention, we are still going up and haven't hit a roof yet so there's no saying where the price will reach before its correction but we will get a better view by tomorrow morning, at least in my time since it's 10:26 pm currently. Hope you've been able...
