Looks like a cup and candle.

hi guys.

here is my first analysis, It is just an idea so be sure to bear that in mind :).

Trade active

If this pattern continues, the resistance retest could take place at 21:00.
if it brakes, the bulls will take the lead and push it to the $1200 resistance. if it does not break, then the bears may take a nasty dip to the $1000 support and maybe even $750.

Note

the pattern was broken. we will see a 1000 suppuort retest soon.

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It looks like the 1000 support holds for now. It seems to be a very strong support. The price should shoot up now.

Note

Ether is testing its 1080 resistance line now. If it passes, we will see a small rocket being launched. If not, we will retest 1000.

Trade active

The 1000 resistance broke. This means that the price of ether will continue to plummet for a while. Next step $750.

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The 1000 resistance holded quite well. now its time to aim for the 1300. good luck all.

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Macd is to high, a little correction is necessary.

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We are aiming for the $1100. today will be a bearish day.

yourChartBro

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