it happened before and there are a lot of assumtions its gonna happen again. hope you guys have a decent profit in the pocket
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~0.07915 Acting as strong liquidity pool for Shorters Hidden Bearish Divergence on Stoch and RSI. Short at around 0.07700-0.07950 on Bitmex Take profit at Target 1:- ~0.07407(0.382 Fib) Target 2:- ~0.07000(0.5 Fib) *Target 3:- ~0.06500(0.618 Fib) *Leave only a short amount for this target!!
BITTREX:ETCBTC BINANCE:ETCBTC BITFINEX:ETCBTC POLONIEX:ETCBTC a bearish butterfly is caught in action... A long now, to start cover from 0.886 retracement level and potential reversal form the PRZ , to short from the to take profit in the 0.382 to 0.618AX level...
a perfect gartley in formation, a good shorting opportunity on breaking the prz....
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Metal is a promising platform amid a chock-block cryptosphere. Launch of their platform is due soon before the end of this month. Also we can see massive accumulation. Good FA backing this up.
See the chart. Are we breaking out of inverse H&S? Seems odd.
This is what I think about $ETH but note, BTC will still fly high in a faster rate than $ETH.
ETH has been following a downward trend channel and have a downward support at over 627$failing to find support there it can possible fall in the range of 550$. As you can see the volume has been very low at the peak points. It would be safe to wait for ETH to reach 960$ levels before having any long position.
Possible uptrend if ETH/USD crosses the 963$ mark - resistance 1003$ Downtrend if it goes below the current support 843$
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 4H ETH was supposed to be bullish after spotting the H&S pattern but the ETH failed to cross the 866$ mark. The market could possible see further down trend if it falls below 800$ i.e., below the 20 MA and 50 MA. A few sings for bullish pattern could be spotted if it breaks the 885$ resistance with a higher volume. Further more the RSI pattern also shows a...
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...
#HODL ETH till end of jan atleast. short runners target is 790+