Ethereumclassic
ETHEREUM Let me Repeat: Rise till February 8thI am terribly sorry but i keep repeating myself here:
Ethereum will keep on rising until Feb 8th
We remained BULLISH while many were trying to go short (some of you made fun of me came on chat playing smart-asses, now you disappeared, I MISS YOU!)
Well, we knew it and it's happening , ATHs were expected and we stopped counting them.
At the same time, it has been a Classic Example of how to buy dips when you have a clear direction fundamentally.
Thank you and please wait for the Feb 8 video explanation.
ETHEREUM - Been a good 'example' 🧮Patience is key in trading guys. Many of you get emotional, expect your trade or investment to rise on a straight line.... sorry, not gonna be happening
Well, Ethereum has been such a GREAT example of how:
1. the direction is clear (has been a buy- look at our ideas)
2. every time it corrects it offered an opportunity to buy again
3. it did also offer opportunities for short positions (especially for us who hedge a lot)
patience (check our various ideas) paid out and is paying out
So what's next? For us is taking profit time (again) and we keep some for a rise further higher. We are also trying and compounding some small short positions (25% atm).
ETHEREUM -Video UpdateHi guys,
on this video I explain why Ethereum is the crypto i prefer to invest in and also trade, in this period.
Fundamentals being the new version that is coming out and also the CME futures commencing on Feb 8th.
The chart is ascending but extremely volatile so maybe use a small leverage if you are not comfortable with a higher one.
Hope you like the video and i appreciate your likes and comments.
ps. February 8 is much later, keep in touch for more about that
ETH buy the dip.Ethereum - Intraday - We look to Buy at 1116.5 (stop at 1064.4)
Daily signals are bullish.
A lower correction is expected.
We look to buy dips.
Bespoke support is located at 1100.
200 4hour EMA is at 1085.
Our profit targets will be 1273.1 and 1335.1
Resistance: 1350.0 / 1380.0 / 1440.0
Support: 1220.0 / 1180.0 / 1100.0
ETCUSD it can be $50 moveRally and retracement:
After a powerful rally, now the price action of the ETC coin has been retraced between 0.618 to 0.786 Fibonacci level, in the meanwhile it is also testing daily EMA 21 as support.
Monthly EMAs:
On the long-term monthly time period chart, the priceline is moving below EMA 10 and 21. We need a cross over between these two EMAs for a long-term bull run.
Big Wedge:
On the lon-term monthly time period chart, the price action of Ethereum classic has also formed a wedge move. The candlesticks are also crossing up the 25 simple moving averages as well. There is also 50 SMA resistance above the resistance of the Wedge pattern.
Monthly Shark move:
On the monthly time period chart, the price action has also formed a Big Shark harmonic move. Even though there are big spikes beyond the C leg but all the legs are driven as per the requirement of bullish Shark, therefore, we can expect that now the priceline may start a bullish move from here.
Weekly SMAs and Bollinger bands:
On the weekly time period char, the price action is at the support of 100 simple moving average and the Bollinger bands is also expanding. Now there is a strong resistance of 200 SMA above the Bollinger bands.
Weekly Ichimoku:
On the weekly chart, the price action has also entered in bearish Ichimoku cloud and rejected by its resistance.
Conclusion:
The price action has formed a big bullish harmonic move. Therefore we can expect that in the long-term it can breakout the bearish cloud easily and then can reach all time high.
ETC 1D Aggressive buyer made x2, and you?It's been a little over a month since the previous ETCUSDT idea was published and it's time to update it.
The previous idea worked out quite interestingly:
At first, the ETCUSD price tried to rise uncertainly, but then sharply fell to the level of $5 , where an aggressive buyer buys back and gains a long position for more than 3 months.
Then we had a strong growth, which ended at the upper target from the previous idea in the zone of $10 which made x2.
If you look at the chart globally, you can see that the ETCUSDT price has been moving up the channel for the last 10 months.
Now the ETC price is trying to fix in the upper half of the channel.
If this trend continues, then in the coming days we should expect growth to the level of $9 , where it is worth more closely monitor the behavior of players in the trading pair ETCUSD.
After all, the further price movement will depend on it.
We have depicted possible scenarios on the chart, and if we notice drastic changes in the dominance of powers in this trading pair, we will definitely update the idea.
_______________________________
Since 2016, we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05% . If we help you to be calmer and richer - help us to be happier :)