this is a great Topic in this section, i wonder why there is not much activity in it from over a month ago when its started!
i will definitely follow this topic, and @JollyTrades please do continue posting here with more of your cryptocurrency speculations.
Maybe because like the rest of the users who knows technical analysis don't coordinate well in terms of cryptocurrencies since the market is mostly drive by the development of projects and manipulation.
@BitcoinHodler,
Thanks for the nice words! Unfortunately, I don't have much time to have a look at different altcoins, since I trade no crypto to be honest. But I will definitely try to keep the BTC and ETH charts updated.
Here we go with how Ether looks at the moment:
Tested head-and-shoulder didn't allow a break down, after which the double bottom drove the market higher, conforming the daily TL (green dashed line). Now we are both in the shoulder level of the mini H&S at the all-time high, and also at the target level of the double bottom. If the market breaks above this level, it will signal further buying; on the other hand, if the green line breaks down, the double bottom level is targeted.
Link to the idea:
ETHUSD 1h TAit had a strong support level below just on 7.2, you could anticipate it will go bull after. why didn't you use candle sticks?
