Potential bullish cycle on the short-term on ETH - Green dots indicate start of bullish cycle, this is short-term, use risk management, high-risk trade. Long term, I believe ETH may still fall short on the Daily/Weekly charts.
הערה:
$2800 - $2900 are my targets. If it goes further then that would indicate a further breakout, but this could also be a fakeout.
הערה:
A lot of resistance at the $2400 range.
הערה:
Major resistance right now, could be a fakeout.
הערה:
Still seeing resistance, could be a fakeout - will update shortly, no red dots yet.
הערה:
Back to resistance, let's see if we breakthrough.
הערה:
Good take profit area, if this does break through around $2700, anything higher is much higher risk, this is following a linear trend downwards.
הערה:
So far, so good.
הערה:
Resistance again, starting to break through but we shall see.
הערה:
Sell pressure still high, might take a bit to breakout of this zone.
הערה:
Remember, even if you make 2 - 5% each way, you still can make 20% in a day. Every bit counts, be careful with leverage.
הערה:
Breaking through the resistance.
הערה:
Trade is going well, 3.28% since entry after short trade.
הערה:
Once I see a red dot, that will indicate a potential sell-off, and I will wait for another green dot to re-enter.
הערה:
So far so good, trying to break the resistance at 2420, let's see.
הערה:
More resistance, lets see what happens.
הערה:
Resistance is hard at 2420, keep bouncing back.
הערה:
Linear regression is still showing a downtrend, BTW. This is just a short term long, then back to short, unless some anomaly happens.
הערה:
Resistance is strong. ETH is edging us hard.
הערה:
Probably the people with $100,000,000 shorting 100x on other exchanges. GG
הערה:
Some music to relax you while you trade on this highly volatile asset.
www.youtube.com/watch?v=udluB_1W...
www.youtube.com/watch?v=udluB_1W...
הערה:
Over-leveraged and underachieved. ;)
הערה:
Resistance is real. Possible fake-out. We shall see with time.
הערה:
Resistance is real. Might play out well, might not, let us see.
הערה:
הערה:
Broke through critical resistance.
הערה:
Hit resistance again. The bounce is real.
הערה:
Someone, save me.
הערה:
UPDATE lots of green dots, possibly very bullish short-term.
הערה:
Still trading under the clouds, if we can get back over the clouds, this will indicate more bullish-ness.
הערה:
My entry was @2345.13 USD btw.
הערה:
The resistance is real right now. Volatile af
הערה:
Single dot on the 45m; Could mean longer bullish trade.
הערה:
Like a light in the dark, you won't ever know if you don't take the risk. I short and long ETH, I've lost money and made money, learning from my mistakes, use risk management, don't over-leverage, and most of all, rock on.
הערה:
Broke major resistance for short-term long. Good game beras.
הערה:
1h candle showing 2 bullish dots.
הערה:
More resistance again, pay attention.
הערה:
Ether is trying to break through, will we go back into the Ether?
הערה:
Keeping a strong eye on this, just got some food and rushed back as I'm a bit concerned it may capitulate (again) as it has been while the whales play their game. Maybe not, if enough of them have been liquidated at this point.
הערה:
Interesting note: The Internet Computer $ICP is moving in the same pattern as Ethereum $ICP
הערה:
הערה:
So far, so good, lets see if we can break the $2500 level now.
הערה:
Starting to dump, a bit concerning here.
הערה:
Warning signs
הערה:
Closing my position temporarily while I wait to see if it decides to dump again.
הערה:
Entering short position temporarily until bull signal comes back.
הערה:
High probability of dump here. Could be small or large, no way of telling, but normally when you start seeing red dots, this indicates the start of a short-term down trend, this could be volatile.
High probability of dump here. Could be small or large, no way of telling, but normally when you start seeing red dots, this indicates the start of a short-term down trend, this could be volatile.
הערה:
On a side note, there is a 'dumpling' formation forming, which is extremely bearish.
הערה:
With linear regression. High likelihood of this shorting.
With linear regression. High likelihood of this shorting.
הערה:
Dump?
Dump?
הערה:
3 Minutes till candle ends, this will tell us whether we have gone bera or bulla
הערה:
My prediction: dump on next candle, hard.
הערה:
Dumping: Interesting correlation between ICP & ETH.
Dumping: Interesting correlation between ICP & ETH.
הערה:
Dump confirmed.
הערה:
New thread here:
