If you feel like more risk you can close the position further down. But a 3% gain any day is nice for me.
Hello this is just a test. Im still new to trading so im testing out random things. Maybe i will learn something. Have a nice day.
Please ignore (By the way i predict that price is moving up, because it has better risk vs reward.)
This is not easy for me to explain. But first of all, The big rally before the triangle, did not break down, meaning, the current candles are almost higher than the candles from that rally. Thats incredibly strong. The tight, emerging uptrend i drew, although the price is outside currently, as you can see, it was briefly outside a few days ago as well. And the...
Bitcoin attempting to leave emerging uptrend. However, its still in a wide downtrend. I dont know what this means. But im rooting for bitcoin. Have a nice day.
i am looking at the 4H chart and i had a hard time finding a trendline going up. I had to go all the way back to Februrary 7th to find a good spot. The problem is, this trendline is so low, which is why i ask myself wether ETH is really going for that trend line?
Chart says it all. there is better risk vs reward for shorting. So price is going DOWN
I dont know but thats what this chart suggests. Have to make across the upper trend line this week(3 daýs left at the time of writing) for bullish action confirmed.
Alot of exchanges have been adding ETH recently, which makes the price bullish. This hype is slowly dying down. The homestead hype is also dying. Competition is picking up pace, overall things does not look good for ETH short term which leads me to beleive we are headed for sub 0.02.
ETH may regain little confidence and rally up a little
Lets see which way the tptb will take ETH this time. Down, down down. Or further up? We still need to hit that $1B market cap, and its juust within reach. Will update this chart as we go.
I have a feeling we will move in a cup and handle pattern toward the end of the wedge, before price is forced either up or down. Being a staunch believer in ETH, and the pumpers behind it, i think we are gonna go up at that point. Cup and Handles also typically have a leg up follow up. Have a nice day.
Hi, ETH gonna chill for a while until it reaches the end of the big wedge. then either up or down.