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Looking at the daily chart $ETH has been forming a massive descending channel which is one of the strongest #bullish signals I have seen in ages, but is it really going to break out now? Well looking at the chart we see that during this formation several fake-outs has occurred along the way.... Currently on the daily chart the MA5 has not even crossed the MA30 yet, so there is no room to speculate about a fake-out that hasn't even occurred, till this time! Now if the MA5 cross over, to pose as a fake-out, or get rejected... in my opinion it would be inevitable for the price to go down again. I strongly suspect that the MA5 will get pulled back down towards the MA200 before long. This move will translate in a revisit of prices below $2900. I don't think anything other than very good news would create the parabolic price increase we are all hoping to see. Considering the massive floor of support Eth has in place I feel fairly sure that #ETHETFS or even just positive news on it will quickly drive prices up. For now however I am scouting new long entries at prices below $2950. Until then I will implement my bulletproof strategy on Eth to possibility earn some profit while the price dips and recover again So tell me what is your opinion? Your support and encouragement is much appreciated!

Looking at the daily chart $ETH has been forming a massive descending channel which is one of the strongest #bullish signals I have seen in ages, but is it really going to break out now?

Well looking at the chart we see that during this formation several fake-outs has occurred along the way....

Currently on the daily chart the MA5 has not even crossed the MA30 yet, so there is no room to speculate about a fake-out that hasn't even occurred, till this time! Now if the MA5 cross over, to pose as a fake-out, or get rejected... in my opinion it would be inevitable for the price to go down again.

I strongly suspect that the MA5 will get pulled back down towards the MA200 before long. This move will translate in a revisit of prices below $2900. I don't think anything other than very good news would create the parabolic price increase we are all hoping to see.

Considering the massive floor of support Eth has in place I feel fairly sure that #ETHETFS or even just positive news on it will quickly drive prices up.

For now however I am scouting new long entries at prices below $2950. Until then I will implement my bulletproof strategy on Eth to possibility earn some profit while the price dips and recover again

So tell me what is your opinion? Your support and encouragement is much appreciated!

Avertissement : comprend des opinions de tiers. Il ne s’agit pas d’un conseil financier. Peut inclure du contenu sponsorisé. Consultez les CG.
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Finally we can start analyzing $NOT on the 1h chart and determine what it is trying to tell us. So what do you think? To me it seems like we might in all likelihood be looking at the formation of another ascending channel, likely acting as an #BEARISH📉 indicator. Fortunately, I believe, this will likely #NOT be a death sentence for #notcoin , yet, as it's descent seems to be slowing down and possibly bottoming out. We will only know with more surety once the MA30 get crisscrossed by the MA5 on the 1h chart, when to anticipate #bullish momentum. This perceived ranged movement, over the next 2-4 days should result in a strong bullish price increase, hopefully regaining some ground. At this time NOT is giving good signals on the lower timeframes for scalping futures. I'm looking at some long entries, suspecting they offer higher probability for profits. What is your strategy and view on NOT? Your support and encouragement is much appreciated. Please like, share and follow if you don't want to miss my reviewed analysis on $ETH and hear my views on the #ETHETFS ,to get the best possible entries on ETH over the next few days.
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What has been going on with Ton and any idea on what the comming days may look like? Taking a look at the 4h chart on $TON you can see the analytical sources of my previous 2 posts on #TON after the sad launch of #notcoin . (marked in orange on the chart) Now we are approaching the area of interest which initially inspired #BEARISH📉 sentiment since last week, marked as a purple channel. It will be important to monitor the tempo(volumes) the MA5 interact with the MA200 during this 4h timeframe. On you 15min chart you may notice the new formation of another ascending channel(bearish indicator), before a little dip! Now while TON moves into this purple channel it will create the opportunity for only 3 possible scenarios.... Should you wish to #learn more about those possible scenarios please ask me about it in the comment section. If you don't need to ask because you already know, please tell me in the comments just how #bullish you are for TON? For now my SL is in the green and I'm still a little bearish for a day or 3... lets see! Your support and encouragement is much appreciated, please like, share and follow should you whish to see more posts like this or help others learn.
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Comparing this post on $TON with my previous analysis 3days ago we can decide if things are on track while I'm so nicely in the green with my profits or should I bail and start looking for a long entry now? While we see a clear #Bullish channel forming (possibility all the way up to $6.79 eventually) this still serve only as another bearish indicator, because unless "some news event" create big waves for growth the MA lines on the daily chart will say otherwise. For now I'm getting a bit unsure if we will see $5.8, because the market seems a bit sluggish on it's way down, but unless I see some interaction between the MA5 and MA30 on the daily chart I will maintain my #BEARISH📉 sentiment and keep looking for shorts. What is your thoughts on this? I analyze the longer timeframes so my readers get more time to DYOR and securely search for better entities on the lower timeframes. Getting direction is half the game won right? Please like and share if you would like more regular analysis on TON, $NOT $BTC and any of the other coins. Your support will help this learning experience grow by reaching more noobs, just like we all were once... Thanx!
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2, more often than not, truths about $BTC you may not have realized..... . 1.) The price of Btc rarely divert from the MA200 more than 7% on the 1h chart.... Go learn something and fact check me please so you can remember this. 2.) This price divergence rarely last more than 2 days before corrections start... please fact check, before accusing me of FUDing again. What does this mean? I suspect, in all likelihood Btc will soon become #BEARISH📉 again (during the next 12hours or I will be wrong). The MA5 and MA200 need some interaction during the correction period and to reaffirm support levels. It is my opinion that noobs should not #fomo longs at this time. I will remain bearish untill proven wrong or wright, to enjoy the next leg up. So tell me what your view is? Your support and encouragement is much appreciated! #ETFvsBTC
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Looking at $NOT on the 3min chart and what is it telling us during this "hopefully bullish" sentiment? Currently this new born is not doing as well as most hopefuls were, prior to it's launch. As we can see on the 3min chart an ascending channel has started to form and the MA5 is already looking for a way down. So if you are hopeful that #notcoin will gain new highlights as a stable coin pegged to the USD at a rate of $0.01, then you may soon see a dip in price for a better spot entry price before we see stronger #bullish candles eventually. If you agree or disagree let me know your thoughts. Your support and encouragement is much appreciated motivation! #ETFvsBTC
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