Long position is set in Eth/UsD as first runner i.e. Btc is on same route and Volume is a big support in all crypto right now, with easily recognisable trend reversal pattern, but with not a new high expectation, just a decent rise before a big hit.
The reduced buy volume is a clear sign for reversal in trend. The price might move a little up till the point of previous shoulder and then a downtrend is expected.
This pattern will fail if a sudden surge in buy volume is seen and if the neckline is not broken.
The instrument is in a consolidation phase with a bullish bias. The price action shows that it is pulling at the ropes to push through higher but it has been held back by the bearish phase in the cryptos. On the technical side, a break through the $1160 region should lead the prices higher into the $1240 region which should act as the next region of...
One of the least talked cryptos is $sub aka subtratum . A- rated company just below the grade of ETH and BTC , Substratum is a true hidden gem with massive 10x potential in 2018. I believe $3bn marketcap is quite possible .
In $ terms that would be $13 for Sub by 2018. SUB is making a bullish 4H penant which will eventually break out targeting atleast $2.50 in...
Ether is currently trading in a well formed rising wedge. This is an indication of a bearish move and there are possibilities it may breach the bottom trend line (orange). If it breaches it then it will find support at fib level 0.618 (~$693). 2nd support could be found at fib level 0.5 (~$676).
These support levels could be possible reversal zones for Eth (The...
Prediction: Its In Bullish Mode.
May reach - 0.00004400 Btc
It may correct till 0.00003900
After Correction, if it crosses resistance
May Reach - 0.00006000Btc
If this post helped you to WIN THE TRADE, Please follow & Upvote/or drop a small tip.
BTC Wallet - 1Efy2UVnh5hotCgtwaf2bDf39pPxegLuLi
ETH Wallet -...
Prediction:
In graph, it is about to form " W " as all indicators are indicating "Over Sold". Safe to buy If the indicators gain momentum and enter the trading area.
May reach - 0.00090900Btc
If it Cross below - 0.00026000Btc
It's not safe to buy. It may continue to BERISH and may end up even lower.
If this post helped you to WIN THE TRADE, Please follow &...
