If we will see strong retracement in the upcoming days, I'm looking to buy ETH at $935-950. There is a strong support provided by 0.618 and 0.5 Fibs from two impulses on 4h and 1d timeframes. Resistance lays around 1425, where two Fibs confluence. This level is also an ATH, so if ETH goes straight up there, there might be a rejection.
short 25350-26000 with stop loss above 26350 possible targets - 24000, 22000, 20600 (depends on where BTC will bounce off with volume)
ETH bouncing off major Fibs and forming double bottom. Next target is 720.
BTC might retest 21800 and form a double bottom, if bounce off with volume from there it's a confirmed long. If 21800 zone falls, next major support is around 20700-20500 (which is also 21 EMA on daily TF).
Bullish as long as above 17750. Next potential target is 20500-20600.
If BTC breaks and hold above 17450 next target is 19900.
Everything is in the chart, textbook ascending triangle, breakout and retest. Measure the pattern height and the next target is in between 17-17,4k. Attention to 17086 - major fib there.
Covid19, stocks and oil war panic caused huge dump. Support isn't broken. Whaled have filled their bags in the range 3800-4800. Good enough to go up till the next dump (pump and dump pure manipulation scheme). There is no reason from whales perspective to dump it more to give a chance for people to buy 3xxx again. They are not interested in carrying those longs...
Back to the downtrend. Possible retracement to 6600. Next target is 4500.
Bearish short term: - lower high - trendline support is broken - price is below 0.23 Fib - Aroon gives sell signal Expecting a retracement or dump (time to cut off longs). TP or "buy the dip": 1) 8675 (0.5 Fibs) 2) 8250 (0.618 Fib)