Every parabolic move comes to an end, this one is showing signs of that right now.
There is a definite H&S on this chart, there is no supportive action. If you take a step back there wasnt even much supportive action during the last pullback, the left shoulder. Now there is really no support Ethereum should break down and the target is highlighted below. We all hope these continue up but we have to be realistic and trade the chart! I have a...
There is a prior move that supports this trade, 30% move to the upside possible. Maybe more? Time will tell! If you are going to consider this one be very quick with your stop. The trade is for a bounce into prior highs. No shenanigans tolerated.
We all know that IOTA burst onto the scene with a great market cap, its already pretty legitimate, their tangle tech is next level and I'm sure some better at blockchain may agree or not (Im a chart guy trying to learn crypto) but it makes sense to me. The chart shows that people with money agree. The technicals on this chart are fantastic. Extreme volume on the...