Ehtereum
ETH - BTC - SHIBA - Circle Circle Dot DotFor better or worse. I can tell my mindset is shifting from that of fear and compacencey and hoping to one of peace, planning, balance.
For me today. These are bullish markets. Despite how 90% may be looking at it.
Would be looking heavily at this as a buy zone for BTC.
Would be looking heavily for a correction wipsaw in ETH for an entry below some dots.
Shib has tested bottoms ten times in 3 days.
For better or worse. How you do one thing is how you do everything.
Back test everything.
Practice makes permanent. If what you're doing isnt working.....try these circles and dots my guy.
Keep Stacking It
-Harmonic Puma.
Ethereum Prediction Forgive me for the amateur drawings still working my way around this platform.
However lets focus on the important stuffs.
Seems as though ETH is now done with its Head and Shoulders and what could have been a false breakout.
It has not broken the trendline. If it does break resistance it is bullish , in the mean time more likely it would complete the H & S pattern and move sideways.
My prediction is a possible pennant once the H & S is formed. ALSO MACD seems to be crossing which means bearish at the moment
Stay tuned !
Ehereum : BreakOut vs FakeOut‼️Margin Traders Beware☠️ of the BreakOut vs FakeOut .. #Ethereum is the leader in this market as of late and that #Fibonacci extension is $3400... so the market is not going ⤴️. Unless ETH breaks thru $3400👀
#brosinblockchain #ArmsteadAnalytic
Reference the Daily Time frame chart
COINBASE:ETHUSD
Shark's ETH UpdateAs a kid I had a dream of going to Wall Street. It really started with baseball cards and those becket books. Around the age of 11 the passion grew into tracking actual stocks. From 11-15 I had a paper route and each morning I would track the ticker symbol of interest while I folded the papers to go out to the neighborhood. I started reading any book I could get my hands on that would teach me more about trading. 21 years ago, one of the books that really peaked my interest was Jesse Livermore, Worlds Greatest Stock Trader. I must have read the book over 15 times. Though I have developed my own style of trading over the years, there is some influence from Jesse's thought processes perhaps from reading it so much early on in my life. One of his go to patterns was called an accumulation cylinder. Google jesse livermore accumulation cylinder and you can see some of his actual pics.
With respect to Jesse's Famous widening mouth accumulation cylinder, here is my update on ETH. If this is to play out we must stay above $2,000 period. IF a break of $2,000 presents itself I will be looking to add and buy more ETH between $1,600-$1,700 right near the 200 day moving average.
We are looking for validation that ETH wants to move up the cylinder by a critical break of $2500. If $2500 shows support this is also another great place to add to your positions. A successful break thru $3,000 is confirmation that we will be headed to touch the top of the cylinder. Be patient and let the indicators do the work for you. Remove the emotion and follow the chart. WIth this mindset you really are good with whatever direction it goes. If it goes up we keep making money if it breaks $2k we get excited about adding to our longterm positions.
Swim with the Shark . Have an awesome weekend.
BRONSON-TheSHARK
Bitcoin & Ethereum Volatility ( 1 Month )Today we have seen Bitcoin and Ethereum come under selling pressure as Elon Musks and The Chinese Central Banks comments on Bitcoins caused investors to sell the Cryptocurrencies.
However, the pullbacks in price are actually within the average 1 Month Historical volatility of both coins!!
This is really important to understand so please watch, so now is actually a better time to buy if you believe in the long-term outlook for both Coins to go higher.
Are we heading for a quick wash off?Hey guys, this is my first "TA",
In the case we assume that the ETH price would respect the channel that drawn red, we could assume in my opinion that a drop could be on the table - with regards to the previous one.
However to the idea, the ETH / BTC ratio is also included where the RSI and BB are quite overbought, also the BTC state does not look in a way of pumping.
So assuming two main scenarios:
1) BTC goes UP and ETH / BTC needs to correct, where we go slowly down
2) BTC goes down and take the whole market and as always the ALT coins bleeding the most
3) We break out the channel up for a new price discovery mode. Which I do not think is going to happen that time.
I have tried to make a bit of connection to 2017 and there were none of these visible channels, so I am not taking that much into consideration, but we could assume that the % pattern of up/downturn would be very similar and since the market is bigger the volatility tightens a bit up so 40% corrections during the new "2021" bull-market sounds fair enough - when the big money is coming.
So I have written a few words to this chart and in my personal opinion we will go with a scenario 1-2, and I am not honestly sure which one I put more value into.
What do you guys think?
Ethereum Long and ATH predictionPrecognitive Trading Group correctly predicted new ATH for Ethereum which was today. We indicated Long on ETH starting from May-03 2021 at 10 AM ET. This was based on information acquired from the Remote Viewing protocol (a form of a extrasensory perception). The work was done by several professional Remote Viewers. The data indicated that the Ethereum will increase in price during the observed 24-hour interval.
Learn to Read Charts (Stochastic Oscillator & ETH)✅ Ever heard people saying that something is "overbought" or "oversold"?
One of the most famous and powerful tools for this is the Stochastic Oscillator.
This indicator easily shows you if something is overbought or oversold.
✅ What is a Stochastic Oscillator?
A stochastic oscillator is an indicator that compares a specific closing price of an asset to a range of its prices over time – showing momentum and trend strength. It uses a scale of 0 to 100. A reading below 20 generally represents an oversold market and a reading above 80 an overbought market. However, if a strong trend is present, a correction or rally will not necessarily ensue.
✅ To use the stochastic oscillator, it is first important to understand exactly what the readings are showing you.
The stochastic oscillator is a bound oscillator, which means it operates on a scale of zero to 100 – this scale represents an asset’s entire trading range during the 14 days, and the final percentage shows where the most recent closing price sits within the range. This makes it easy to identify overbought and oversold signals. Regardless of how quickly the market price changes, or how the market volume fluctuates, the stochastic oscillator will always move in this range.
✅ If there is a reading over 80, the market would be considered overbought, while a reading under 20 would be considered oversold conditions.
✅ If we continue our previous example, a reading of 93.3% would be considered extremely overbought during the 14-day period. Following stochastic oscillator theory, this implies that a price reversal would be impending. In fact, some people believe that a reading above 90 is extremely risky and warrants the closing of positions.
✅ The most common use of the stochastic oscillator is to identify bullish and bearish divergences – points at which the oscillator and market price show different signals – as these are normally indications that a reversal is imminent. A bullish divergence occurs when the price records a lower low, but the stochastic oscillator forms a higher low. This shows that there is less downward momentum and could indicate a bullish reversal. A bearish divergence forms when the market price reaches higher highs, but the stochastic oscillator forms a lower high – this indicates declining upward momentum and a bearish reversal.
✅ However, it is always important to remember that overbought and oversold readings are not completely accurate indications of a reversal. The stochastic oscillator might show that the market is overbought, but the asset could remain in a strong uptrend if there is sustained buying pressure. This is often seen during market bubbles – periods of increased speculation that cause an asset’s price to reach consistently higher highs.
✅ TradingView lets you use the Stochastic Oscillator for fast and easy forecasting. You can find it in Indicators & Strategies (f(x)) above your chart.