BTC increases accelerate in the channel,
There's a high probability of hitting 6000 in the short term,
After reaching the first target,
it is recommended to close the position,,
Consider going Long again in the low post.
(1)Buy Limit 5555
(2)Buy Limit 5330
Make More Money!
---------------------------------------------Ronnie 2019.05.05 in
#1 Key Highlights
* Support around $100+ level held strongly.\u2028
* 200H-MA(moving average) broken with buying volume.\u2028
* Ethereum(ETH/USD) price surged 20%+.\u2028
* $120+ resistance broken and retested.\u2028
#2 Chart Analysis
Ethereum trading $122+(Bitfinex) and showing signs of strong upward momentum.
Looking at the ethereum trends on Hourly(4H)...
We are doing Analysis of ETHBTC on 6 hours Timeframe .
With the Help of trend line , I have made trend line
Support and Resistance Levels
I have Mention Support and resistance levels on Chart
Note: This is only for Educational Purpose this is not an Investment advice.
Please support the setup with your likes, comments and by following on Trading View....
www.tradingview.com macd above 80 ready for the drop and its had a breakout of the 100 fibonaci retract=ment level so bears are ready for a game after the bulls wipe the plug out .at writing this post ripple has crossed eth with xrp at 22.2 billion and eth at 22 billion so lets wait for a confirmation for this trade to initiate
If you have ETH wait for the next pump towards 0.09 or 0.089 and sell it off to BTC. It will go down from here.
ETH USD value may be bullish but ETH BTC will be bearish. If you want more profit, switch your holdings to BTC from now.
Look at my other BTC idea for positive elliot wave of BTC.