Probably going to jump back down into that green and trade sideways for a bit while things consolidate.
Looks like we're going to consolidate for a little bit and hopefully bounce upward again. Buy the dip, but wait for it. Especially when the feds release the new rates. I'm still HODL Still a lot of resistance ahead if you look at the weekly charts.
Ichimoku clouds clearly show there's a lot of pressure to break through if this is going to turn into a bull market yet.
Been a while since I posted since the winter started. Here's what I'm watching over the next two weeks or so. If it breaks upward of 1500 I think that's a good time to buy if not sooner. We'll see. I'm still a little behind from the crash, so i'm still just hodling all the way anyway.
Looks good to me! Probably a bounce down at $3500 just a little and then more upward movement, probably fast once we get past 3500.
Haven't posted in a while, just looking at these fib levels and things are turning back up finally. I'm HODLing as usual.
This triangle is growing a things continue to consolidate. We could see some upward motion if MACD turns around, but it looks to me like a downward trend could also be forming, especially if we break downwards again.
Not looking great from this chart - Donchian channel on the 4 hour is showing downward signal right now, but maybe if MACD will turn around we'll bounce out of this upward. Otherwise we're looking at like a 3500 or so bounce back up.
This is my same chart from way back - the up trend is still there, although I'm watching the MACD closely. Could have a good buy opportunity coming up soon, unless it turns into a down trend.
A wide upward channel for ETH USD. Donchian and MACD at the day level. Showing lots of upward momentum still, a little bounce on the MACD, note a small divergence on the 4 hour MACD too. Still holding a short term buy.
I'm no expert, this is just what I see, and my quick thoughts. I'm watching that middle line for a bounce hopefully. The MACD has been upward for a while now (4 hour chart here), so I expect it to correct downward first. Watch the bottom line for a sell point. It could start turning into a rising wedge again and a downward correction. Donchian still indicated...
Looking pretty good in my opinion. A clear line there to break through. If it breaks up next stop is 4300,
Looks very promising. MCAD is upward, Donchian is going up as well. If it breaks 4k it might go on a run up fast. I'm no expert though, but I'm going to buy some more. If it breaks downward it would be more of a rising wedge scenario again.
Looks like 2800 or so is the break point for more downward moves for now. Perhaps it is regulation like the news says, but also the trend is looking down now IMHO
Still waiting on the Donchian channel too, Personally I'm thinking it will break upward. I'm HODLling.
The 4 hour Donchian channel needs to touch the top again, twice really to confirm the upward channel here. 1 hour just touched twice, i went ahead an bought a little myself.
What do you all think, I'm not an expert. It will be interesting to see what happens if we hit that bottom line, could be a good buy opportunity soon?
Looks like another rising wedge maybe for ETH. But it still hasn't touched the bottom of the 4 hour donchian channel yet, so there's still hope. I would place my bets on a short term correction down though.