as requested,
eth 1d tf
eth is looking similar on the 1d and 4h tf
trading in a descending wedge (bullish)
possible upside breakout in the months to come
on the smaller tf, eth will likely be on a further downtrend as it could not breakout of the resistance trendline
the resistance trendline however, only has 3 touches for now, so it's valid but might not be STRONG aka eth might breakout as well then reanalysis is needed
#analysis
eth 1d tf
eth is looking similar on the 1d and 4h tf
trading in a descending wedge (bullish)
possible upside breakout in the months to come
on the smaller tf, eth will likely be on a further downtrend as it could not breakout of the resistance trendline
the resistance trendline however, only has 3 touches for now, so it's valid but might not be STRONG aka eth might breakout as well then reanalysis is needed
#analysis
as requested,
ALPHA 1d tf
alpha just bounced off historical support and was rejected by resistance in the 0.94-0.95 zone
alpha should be ranging in the zone as shown and if a breakout were to happen, alpha needs to break 0.94-0.95 zone before breaking 1.11 resistance
1.11 resistance will be the strongest resistance that alpha needs to break before being able to move on upwards to ATH
#analysis
ALPHA 1d tf
alpha just bounced off historical support and was rejected by resistance in the 0.94-0.95 zone
alpha should be ranging in the zone as shown and if a breakout were to happen, alpha needs to break 0.94-0.95 zone before breaking 1.11 resistance
1.11 resistance will be the strongest resistance that alpha needs to break before being able to move on upwards to ATH
#analysis
btw, my analysis is PURELY based on TA and does not take FA into consideration
news might come in pumping/dumping the coin and things will be different and will have to be reanalysed !
news might come in pumping/dumping the coin and things will be different and will have to be reanalysed !
Crypto Mumbles
if it doesn't trigger, no trade for me it's okay to miss the move here
i cancelled my long here btw
📉 POTENTIAL TRADE ALERT
eth stop market short 2160 SL 2182
looking to catch a flash dump if eth breaks support
#trades W
eth stop market short 2160 SL 2182
looking to catch a flash dump if eth breaks support
#trades W
Crypto Mumbles
📉 POTENTIAL TRADE ALERT eth stop market short 2160 SL 2182 looking to catch a flash dump if eth breaks support #trades W
don't hold your eth too long, btc seems to be bouncing, eth will follow as well
take the quick scalp profits and exit for now
that trade was just to catch that brief moment that eth flash dumps below support
take the quick scalp profits and exit for now
that trade was just to catch that brief moment that eth flash dumps below support
another potential trade for you guys,
stopmarket short at 2160, stops the same
if eth comes back up to test resistance (former support), it should be rejected
stopmarket short at 2160, stops the same
if eth comes back up to test resistance (former support), it should be rejected