ETHUSD FA and TA
FA: as you all know about upcoming Metropolis hard fork and PoW to hybrid PoW and PoS protocol change, Following are things i am looking right now on ETH
As mining ETH will be difficult as difficulty increases exponentially and also the decrease in block reward will result in pure PoS consensus protocol
On a large scale this will be the 1st PoW to PoS change and there are many unknowns and Outcome is Not easy to predict
I am not long or short based on FA and this hard fork but if ETH delivers what the fork and upgrade is suppose to- Then there is a new ATH soon (600-700)
TA:
As you can see from the chart after 200 drop we have been making HH and HL which is suggesting some strong momentum in the market . I am still not yet confirmed on overall bullish scenario of the market. Green dotted line(320) will be my confirmation that bulls are back and i will wait for a healthy retracement to go long on ETH
Green line: Bull Confirmation
on 4HR TF: 50 and 200 EMA seems to cross and that will be long signal for long term trade.
on 1D TF: MACD looks bullish, RSI is still neutral but if we follow the last two cycles- This should reach back upto 400 levels.
Shoot me up with any questions
FA: as you all know about upcoming Metropolis hard fork and PoW to hybrid PoW and PoS protocol change, Following are things i am looking right now on ETH
As mining ETH will be difficult as difficulty increases exponentially and also the decrease in block reward will result in pure PoS consensus protocol
On a large scale this will be the 1st PoW to PoS change and there are many unknowns and Outcome is Not easy to predict
I am not long or short based on FA and this hard fork but if ETH delivers what the fork and upgrade is suppose to- Then there is a new ATH soon (600-700)
TA:
As you can see from the chart after 200 drop we have been making HH and HL which is suggesting some strong momentum in the market . I am still not yet confirmed on overall bullish scenario of the market. Green dotted line(320) will be my confirmation that bulls are back and i will wait for a healthy retracement to go long on ETH
Green line: Bull Confirmation
on 4HR TF: 50 and 200 EMA seems to cross and that will be long signal for long term trade.
on 1D TF: MACD looks bullish, RSI is still neutral but if we follow the last two cycles- This should reach back upto 400 levels.
Shoot me up with any questions
Nota
Just a NOTE:if BTC breaks down significantly- We might see ETH back to 260 levels which is where i plan to add more
Dagangan aktif
Nota
MN for ETH0Waiting for official news-
If that's true-
MOOON!!!!
700-800$$$$
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.