Hi, to my analysis. We have another perfect bullish setup at my analysis, this is continuation from all my previous analysis on ETH. ETH break up symmetrical triangle pattern, this mean bullish still perform with a strong wave. target for symmertical triangle pattern at $2,316. My trading plan is simple, wait after we have pullback at : Fibonacci 0.256 same level as previous high at $2,053 Fibonacci 0.382 same level at CSR at $2,030 or you may enter now at current price. If we have a new pattern at lower timeframe or any key level, I will update this chart.
This analysis is my last analysis for this bullish wave at ETH, the reason for that is simple, better updating than post a new analysis. So make sure you support this analysis to get notification on every update.
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1 hour timeframe, We have nice pullback here, still waiting for re enter bullish.
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Fibonacci 0.236 same level as previous high at $2,053 skip,.. bearish still strong
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good internal fibonacci pattern :) *thanks Vic
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another bearish pattern with target same level as internal fibonacci target
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consolidation break up and create another consolidation pattern. Right now we have unconfirmed bullish flag (candle not close yet) If this confirm as bullish flag, my entry at flag support line
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1st bullish entry at $2,052.97 using martingale money management for this setup maybe price will go more lower around fibonacci 0.382 at $2,030.80
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Morning all, sorry for late update. today we have bearish wave with channel down with bearish target at $2031.35 as fibonacci support. If this channel break up, we still have $2078 as bullish confirmation level.
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bullish confirmation break up with a strong candle. little pump
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ETH try to break up channel up,.. pump will continue...
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get ready for little high volatile
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2nd try to break resistance
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Previous little pump create a new channel up We have multiple support here, with no any bearish pattern for now. one more bullish wave, then we are ready to reach targeted profit. Its already 3 A.M. Here, time to sleep.
Btw, If you can see on the chart that its going to be pump 1 hour before it happen, what will you do?? share your comment ^_^
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ETH touch fibonacci 1.618 at $2,077 Profit projection from this support at $2,173.72 but this is not my primary target, my target at Symetrical triangle projection at 2,316.69 We still have one more big pump today to push ETH to reach main target.
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candle close with dragonfly, very nice ^_^
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sorry candlestick, fibo support its not an easily broken :)) this false break moved my higher low
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walking at the edge of minor support -_- just like a winger in soccer, who will try to pass a long ball :)) but its ok, as long as not offside :p
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do we have a nice long pass here?
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candle is not strong enough, but it close with bullish. I have a special method to analyze are next close candle will be bullish or bearish, and that method are a holygrail for scalper and especially for an option trader. Maybe I should make a particular posting for this ;) share your opinion below or you can PM me ^_^
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FIbonacci support almost break with another false alarm, because that candlestick is bullish engulfing or pinbar
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mornin all, and happy sunday. today I make a change to my chart : 1. Channel up change to expanding channel 2. I delete ABCD fibonacci pattern, and use negative fibonacci *same result
I do that because I like simplicity. Why should I draw a complicated chart with with many lines and a lot of trading indicators make my chart look good, look smarter, look more professional, but in the end, it doesn't help to read market movement. So I make it more simple with key level and trend direction only.
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I will offline for next few hour, prepare for little high volatile in a few next candle.
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sorry for late update, Yup we have a good volatile with a good candle volume,. ETH break small symmetrical triangle pattern inside expanding channel up, this is a good bullish sign. I will add my long position with 25% of my 1st buy at $2086.48 or around expanding channel up support. We have our 1st resistance at $2128, this resistance are previous higher high. we have no other resistance, so we are good to reach our target. If you have any question about any crypto, do not hesitate to DM for quick respond.
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prepare for small pump
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BTC in dump phase now it also pull down ETH, check on my dump/pump analysis here :
أغلقت الصفقة: تم الوصول لوقف الخسارة
sadly, BTC dump ruin our plan here, bearish confirmation touch,. I will continue to make new ETH analysis if BTC dump over. check on my profile to see my BTC dump analysis
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ETH zoom out :
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pattern change to bearish with big ascending triangle pattern
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are we need to follow that bearish with detail in every movement? or wait at support to post a new analysis?
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لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.