Still in downtrend to be clear. But outlooks look good for now. Diffrent perspectives in this chart. Several roads to take for BTC....
Welcome traders and HODLERs As i was making this chart the price spiked.I was about to suggest a 20% retrace upwards. to around 400€ which is currently happening. Wow. Ok ok. then u will see what may or may not happen happen next on my chart. We are creating bull patterns everywhere. This mini parabolic run will probably get shut down unless the rally is really...
Looks like ETH is picking up some bullish momentum as i expected. We have several signs that we have a buy oppertunity here. One key sign is the double bottom formation, on top of that we're very close to completing a inverse head and shoulders pattern, all of this is happening inside a ascending triangle - so the bullish signs are definitly there. The fact...
Against the odds @ethhunter
Hello Everyone, This will be my chart to follow until this correction is done. It's a crazy map of resistances and supports, fib retracements and trendlines. Right now it seems like the volume is not particularly strong, however we are still have more pressure on the downside. We are resting the current bearish Candle on a support line, and by the looks of it we...
Looks like a breakout is likely to happen around mid april/early may. This can go both ways but i have my reasons to be still be bullish despite the current price action. Right now we are moving down in a wedge. This is likely to break to the upside when reaching the lower end, we might hit the closest resistance point and consolidate/slowly move down...
Either breakout fails, and we don't reach the potential of the flag and we will correct further. If we rally up to the full potential, and drop, we could be printing a inverse H&S that will continue the rally. I keep my stop loss is at the bottom of the flag.
Looks like we could reach around 505€ with this flag, however I would still be cautious. If we can break above 460€ key resistance (top of the flag) i see the rally up to 505€ materializing. Good luck
Hello everyone ! Today we are going back in history, we are going to see if some crazy fib theory turns out to be true and we are all gonna be very rich soon , lambo , them champagnes and a good retirment. Or, end up losing all our shit in the hopes of the next boom cycle. Whatever you do, be careful and never invest more than you afford to lose. Now, let's...
Hello everyone! I guess most of you have seen this pattern, the very large Head and Shoulders (continuation/bearish) pattern. It's a beast that has a target of below 100€. However, I'm almost certain that it won't break down to those levels (but who knows) my bet is however that it won't. My idea right now is now to keep my eyes on a few price levels for...
Looks like a breakout is imminent. However both directions have good arguments, what do u guys think? Would like to hear your opinions.
Recent development in ETH and BTC price is displaying significant weakness, at the moment it looks like it's poised to test the lower end of the major support, which could trigger a major selloff. Beware
Hello everyone ! As i said, when my targets were met i would go back and look at the chart again to reevaluate the situation. Anyone who took a long position right inside my zone should still be careful as we still have a possibility of more decline ahead of us, so manage your risks. Let's tackle my previous post and try to make a more in depth read on the...
ETH/EUR 1D Nothing special. Just an idea how things could play out , lets see how well this ages.
Hi everyone ! So we can see that the drop happened and the decision was made, this makes everything a bit easier because we at least now have a confirmation on that this is a extended downtrend wave and we can set us up properly for the next price movments. I'm a happy bear because i always like to collect cheap ETH, and I hope you have the same mindset here. If...
Hello, things don't look so good, but dont worry quite yet. *** I don't give trading advice, i don't do professional TA. I am not a proclaimed "wizard" or someone shoots magical shit on you. ***
Hello Everyone! Let's take a look at the 4h ETH/EUR chart. From what we can see right now, it looks like the right shoulder formation is about to complete very soon. We can see that we are currently resting against the uptrend support (dotted light blue line), if this were to get violated, we will probably see a drop directly to the green line below (Trendline...
Just a idea what happens if the bears would get more control of the market.