gillianpatrice
Long

ETH/BTC- Where Bears fear to tread

POLONIEX:ETHBTC   Ethereum / Bitcoin
ETH has had a marvellous run - and as GOLDBUG1 mentioned in his post it has the same characteristics as BTC             before the extension or the last wave before the correction. Future: My analysis tells me that we will see a move long in the next few weeks.

Past: Price has stalled/consolidated at the 127% extension of the last corrective wave after the leg up.
Present: Resistance has been retested (see yesterday's doji ). (Most crypto's restest areas several times before extending). Once price moves sideways retesting the last level of resistance now support (role-reversal), we should see a move up.
Future: My first level is conservative. My final fib extension profit targets where there is a cluster of fibs levels 200%, 423% from the last swing & a 227% from the minor move may and more than likely be achieved. All there is to do is scale once you have banked some money.
The Key: Confluence, price action and overlapping areas of support and resistance .
@gillianpatrice hi! Nice analyse, however, i have some questions. Doesn't the strong divergence between highs on MACD confuse you? Don't you think that Eth firstly should consolidate in 0.104-0.105 area? I just try to find points to buy. What do you think?
Antworten
Great analysis Patrice!
Antworten
@goldbug1, oh my - I always feel so good when you read my charts.
Antworten
goldbug1 PRO gillianpatrice
@gillianpatrice, I always read them! have you checked your PM lately?
Antworten
Deutsch
English
English (UK)
English (IN)
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体中文
繁體中文
Startseite Aktien-Screener Devisen Signal-Finder Kryptowährung Signal-Finder Wirtschaftskalender So funktioniert es! Chartmerkmale Hausregeln Moderatoren Webseite & Brokerlösungen Widgets Stock Charting Bibliothek Feature-Anfrage Blog & Nachrichten FAQ - Häufige Fragen & Antworten Hilfe & Wiki Twitter
Profil Profileinstellungen Konto und Abrechnung Meine Support Tickets Support kontaktieren Veröffentlichte Ideen Followers Ich folge Private Nachrichten Chat Abmelden