Ethereum is started to move back towards the $210.00 support level after the cryptocurrency found strong resistance from just above the $225.00 level. ETHUSD bears may start to test back towards the currently trading low, although failure to break the low will likely encourage ETHUSD bulls to step in. Overall, the trading action in Bitcoin is still having a strong...
Litecoin has staged a strong recovery alongside Bitcoin, with the fourth-largest cryptocurrency posting double-digit gains on Friday. The LTCUSD pair has recovered back to key neckline resistance, although bulls are still struggling with the $100.00 resistance level. Technical rejection from the $100.00 level should spark a sell-off back towards the $90.00 level,...
some trend lines clubbed with oscillators & trend analysis on HTF works like magic ... we cant rely entirely on this ...but still they work with exceptional probability .
triangle formation with hidden bullish divergence on 1h + support on 11380 ... good to long , at best risk reward ... stop must be tight @ 11250 only , dont want to keep loser running . but if this doesnt break 10665-10710 range ...then more down turn .
again a shit PA on smaller TF, EXITING LONGS AT SMALL PROFIT, 15 minute to 1 h & 4h struggling to break even the first resistance , not a good sign ... seen like more corrections till 9250-9350 is pending . will short it instead from @10280 .
longing from 10585 ..good support zone & neckline on swing top ... can get a little bounce here , i expect it to reach 10860 ...that is my TP . overall i m bearish of this price action on HTF .
check the daily & weekly - bearish trend reversal , if weekly .... doesnt close above 11890-11920 , seems improbable bcaz DJI forming hidden bullish diversion on daily, i m considering DJI as an inverse poarameter . ..in btc price action . not only this daily is closed below 11880 giving price action more bearish tone .
Ethereum is under heavy technical selling pressure on Friday after breaking under the important $270.00 support level. The ETHUSD pair is tracking Bitcoin lower and is now trading below the neckline of a head and shoulders pattern with a downside target of around $85.00. The $220.00 support level is the next bearish target if Ethereum sellers continue to hold...
Ethereum is once again starting to appear comfortable above the $300.00 level as the second largest cryptocurrency tracks Bitcoin higher. A test of demand around the $335.00 level appears likely if ETHUSD bulls can break above the $315.00 resistance level. A confirmed failure to create a new higher high on the monthly chart may also weigh technically on the ETHUSD...
REFLECTED BACK FROM INCLINED (YELLOW) TRENDLINE ...OSCILLATORS PEAKING OUT ..A LITTLE COOL DOWN IS EXPECTED, NEXT MAJOR SUPPORT $10750 . SO SHORTING HERE FOR A QUICK PROFIT . STOP @11480
If this daily candle closes above 10400 , it will create double doji's with tails inverted to each other& this will create a bull scenario for rest of week , that would lead to double doji's with inverted tails & will be bullish case for weekly too .
if this resistance zone holds & price retraces from here ..we will see 9200 -9300 for sure , but if this resistance zone got broken prepare for 10800 . i m shorting this zone with a stop of 10450 .
PRICE HITTING MAJOR SUPPORT AREA WITH SMALLER TIME FRAME OSCILLATORS R IN OVERSOLD AREA ALREADY , GOOD TO MAKE LONG TRADE HERE ,BEST RR HERE .FIRST RESISTANCE SHOULD BE TAKE PROFIT AREA FOR 50% QUANTITY . 50% BECAUSE HAVE TO WAIT TO SEE BREAKUP OR BREAK DOWN FROM THERE .
