By eillot wave ETH move like this but update by time on chart
Eth/Btc Technical analysis for trading on daily time frame support and resistance pls like and follow
BITBAY:ETHBTC ETH looks Bearish , It had a good run but with bitcoin not looking too happy at the moment it seems unlikely it will break out of its current trading range. Watch todays video for more context on this chart!
I think this time ETH breaks uper resistance, In MACD higher high has been created means uptrend has been started.
5 waves most likely in, aiming for a swing short of potential 1:4.5R approx with waiting to add a good chunk on wave 2(ABC) correction completion. The price is also hitting a good resistance box. Price has risen parabolic and with the last move, the volume is significantly low, with possible bearish divergence.
1. Taking a long position on the retest of broken trendline. 2. If the retest fails it will go down hard. 3. Taking small risk over the account with proper Risk Management.
my prediction tools elliott waves + fibonacci cluster
SHORT IN ETH/BTC GIVES US A BETTER RR AND 61.8 FIB CORRECTION IS AWAITING...SO GUYS LETS RIDE THIS CORRECTION
Money from Bitcoin will start to flow into alts now. ETH is due for rally for a long time now while Bitcoin consolidates.
There is a lot of zigzags and choppy price action in crypto for the last couple of weeks. In general it says that we are in corrective territory. The main question is were are we going first, base on 4H chart. This is my first public post, so please be mercy to me in my comment section. Have a profitable play, cheers. E1
Insight pattern I reveals is ABCD pattern for ETH WE wait for correction to Fibonacci and prepare for next middle bull of Ethereum. The target is zone of D. Thank for reading and leave a LIKE for more TA and encourage me !