K3 verified a potential support, It tested a nearest downtrend line. K3 will likely stand upon H2 or H1. It stopped the bearish momentum of K2. It is likely that the horizontal trend here is still preparing to reverse the long term bearish market. So, I still hold more ETH than BTC. If the following candles stand upon H0, It is likely that the bullish market...
K1 just break up the nearest candles under average high volume. It’s a strong signal that the market is still in the bullish stage. It is most likely that K2 will keep accelerating and touch 75-80K area. So, I will not leave the market until it touches 100K. The potential support is 60K. And the potential resistance is 2/1 Gann Line. It is very safe to hold...
K1 to K3 is a strong bearish three soldiers advancing pattern, The demand of K4 decreased, it verified the short term downtrend. If K5 still failed to close upon K4, The following candles will likely keep dropping to test 61K area. The potential support is 0.5fib line of the nearest uptrend. I will not sell or short it here.
After K0 and K1 tested and verified the resistance, K3 tested the resistance for a third time. And finally, K3 failed to create a higher high. So, the possibility of the following candles fall back to test the support increased. On the other hand, there are also good signals here. The supply pressure is low here. If K4 close upon K3 immediately, It is also...
K1 just break up the middle line of the uptrend channel under sharply increased volume. It’s a strong signal that the market is in an accelerating stage. It is likely that the following candles will keep pricing up to touch the upper limit of the channel at 75-80K area. But before that, If K4 couldn’t close upon K1, It is very likely that the following candles...
K1 and K2 is a bullish up engulfing pattern. K3 verified it. So, the following candles will most likely keep pricing up to test the resistance. If K4 close below K3, and even close below the support, The short term downtrend will keep going. But I think the possibility of this situation is relatively low here. At the same time, I will try to exchange more BTC...
K2 break up K1 under a decreased volume. It means the supply pressure is low here. And also, the demand pressure is low too. So, if K3 keep accelerating, it will touch 90K. On the other hand, if K3 consolidate here, The potential resistance is 1.5-1.618fib (70-77K), And the potential support is 50-54K. I will not buy or sell it at K2.
In month chart, It is a potential bullish triangle pattern, It seems that the candles is breaking up the upper limit of the pattern. At the same time, the DYDX/BTC is also at the bottom. So, I bought it today. In day time chart, K0 is fake down action, And then K1 break up. The small scale double top pattern was reversed immediately. K0 to K1 is a bullish...
K4 break up K2 and the downtrend line under increased volume, If the following candles keep the strong momentum and break up 0.056, Or the following candles stand upon K3 and the downtrend line, I will exchange more BTC to ETH. And the stop loss set at the lower price of K2 or K3.
K3 verified a bullish hammer candle K1 under increased volume, And then, K4 and K5 had a decreased supply volume. So, a potential uptrend is possibly on the way. I had bought some tokens at K5. If K6 break up K5, it still worth to buy in. Stop loss set at the lower price of K5. There are many tokes still at the bottom of the previous bear market, I had bought...
From K1 to K3, there are three candles stay below the 1/1Gann Line. So, the Line had turned to be a potential strong resistance to the previous bullish market. The risk increased here. K3 is a bullish hammer candle with average high volume, But it still couldn’t close upon the resistance. If K4 couldn’t verify the hammer candle, It will be a good place to...
K3 is a first test of the support, K4 failed to close upon K3. It verified that it is not an ideal test, The bull market will not likely keep pricing up immediately. If K5 or the following candles test the support for a second time, It is still worth to buy in.
K3 close upon K1, The resistance lost its power. Although K2 and K3 has short candle body with high volume, It still close upon the upper limit of the channel. It seems that the following 2 or 3 candles will accelerate to breaking the 49000-52000 area. And the possibility of K4 close below the resistance is very low here.
From K1 to K3, It is a potential bullish morning star pattern. And, K3 closed upon the dead corner. It is a good place to buy at 42800-43000 USD, Price target is the nearest resistance 44400 USD. Stop loss set at the lower price of K2.
There is a potential bullish head-shoulder pattern of BNB. If the following candles break up 255usd or 1/1 Gann Fan line, The pattern will possibly in effect. From K0 to K4, it is a potential bullish arc bottom pattern. K3 to K4 is a potential cup handle area. So, I bought at 241.
K2 just verified the bullish hammer candle K1, K3 destroyed the expectation immediately. So, the bullish market turned to be more neutral. And then, From K3 to K4, The supply pressure is increasing, It just verified a potential downtrend. K4 is also a bullish hammer candle, It stand upon the support, And it seems to verified the hammer candle K1. If I had...
From K2 to K3, the supply sharply increased, K4 will likely fall back to test the support, However, K3 still couldn’t close below K2 or the support. There are three candles stand upon the support, it is likely that, the support will withstand the test of K4. It is not a good place to short it here. If K4 still couldn’t close below the support, The following...
The bottom of the ETH is a potential uptrend wedge pattern. It has a possibility to accelerate. So, I exchange more BTC to ETH here.