Ether2020

Ether2020 Updated 

Bitcoin Diamond pattern formed. Watch the breakout! Diamond pattern formed as expected. Dear friends, As I wrote in my previous update, a diamond pattern has indeed been formed. Now look at the breakout. It is expected to be down but if not then the stop level is at 33200. I expect at least 25000 USD as a price target for Bitcoin but it could easily go lower...

Ether2020 Updated 

Bitcoin The effect of many Head and shoulders formations! Here we are looking at the 90 minute chart of Bitcoin dear friends. Bitcoin has made another lower high and lower low and so we are very likely going to descend further into the blue trend channel. The trend is your friend and the trend is down! The red trajectory is how it could go but it could also go...

Ether2020 Updated 

Bitcoin 3x head and shoulders + bearflag / bearish rising wedge + triangle. All patterns confirmed and valid Dear friends, As I expected, Bitcoin is forming a bearflag / bearish rising wedge (purple) . Yes unique because there are now 3 bearish head shoulder formations actif at the same time of which in all three the neckline has been broken. Currently, Bitcoin...

Ether2020 Updated 

Bitcoin simple but powerful analysis with bullish bearish levels Dear friends, A different and very simple look at Bitcoin with the different bullish and bearish levels. Also posted so that you can follow it with the button in te screen to update the chart. This can be short but powerful. The simpler the better! Please note that my previous analyses are just...

Ether2020 Updated 

Bticoin 30 minute chart New Patterns - Check it out! Hello dear friends and traders, There are some new developments on Bitcoin's 30 minute chart. Bitcoin has already formed a Bearflag and is moving in this pattern. We also see the formation of a Head shoulder formation. I expect up to 33700 as the highest point for the right shoulder, After breaking through...

Ether2020 Updated 

Ethereum HS Formation - Targets 1700 - 1600 - 1300 Dear friends Ethereum has completed a head shoulder formation and we see as first targets 1700 - 1600 and 1300. The neckline of this HS formation has already been broken and Ethereum moves downwards in the trendchannel. Traders have become extremely cautious after all the liquidations of accounts during violent...

Ether2020 Updated 

Dear friends, Here is an update of Bitcoin on the 2 hour chart. Be sure to check out my previous analysis as this one is an addendum to the previous one that is still valid. Bitcoin has fallen through the neckline of the HS formation (orange) and has successfully re-tested this line. The second HS formation (green) is also valid and the price has already fallen...

Ether2020 Updated 

Dear friends, A picture say more then a thousand words! Certainly Bitcoin can rise to the many falling trendlines but the risk reward is far too low! Except when you sit for your computer with 15 amd 5 minute charts. Then you can profit from small movements between the different resistances. But for normal trading it is not worth it to go LONG in my...

Ether2020 Updated 

Hello friends and traders, Here is a new update for Bitcoin, The bulls do not like to see this scenario and neither do I but I am only translating what the chart shows. I have really not a single bias on the chart or trades I make. In a bull market there is simply more to be gained than in a bear market but these patterns in the chart show clear signals. I like...

Ether2020 Updated 

Ethereum possible down to 2060 - 1951 - 1700 - detailed analysis Dear friends, Here we are looking at Ethereum on the 1 hour chart moving in a ascending triangle with decreasing volume. The upper boundery is an ultra strong resistance level that first needs to be broken before thinking about going LONG on Ethereum. In the chart, we also see a large bearish...

Ether2020 Updated 

Dear friends, Here my personal idea about Bitcoin on the 4 hour chart. Bitcoin has made a head shoulder formation with the neckline at exactly 34000 USD. Currently, this neckline is likely to be tested again by BTC. The target of this HS is at 30800 USD. I expect another range of several days between 30800 and 31800 there. Then there could possibly be some...

Ether2020 Updated 

Dear Friends, How do things continue after the continuation of my previous analysis with Bitcoin? We see here that Bitcoin is in a descending trend channel after forming a larger bear flag. I expect a target of 30100 USD after which we will rebound like a moon rocket to 35000 USD ;-) We will then also have formed a new pattern, namely a reversed head-shoulder...

Ether2020 Updated 

Dear friends, I have made a new analysis of Bitcoin the leader of all cryptos. Unfortunately, after the nice rise, we now see a different situation. Clearly a bearish rising wedge can be seen. This pattern has shown itself 4 times before and each time resulting in a downward movement. So I go short with a target of 28 to 30000 usd. The stop on this short is...

Ether2020 Updated 

Dear friends, We are looking at Bitcoin on the 30 minute chart. Bitcoin is moving in the trading range between 29000 and 41000. Nevertheless, a few bullish patterns can be seen. A Reverse head shoulder formation has formed with a v bottom. Target of the HS is 38000. We also see that Bitcoin has broken out of the falling trend channel to the upside. And also...

Ether2020 Updated 

Dear Friends, A while ago I did an analysis on how quickly Bitcoin can recover from a decline. Over the last month, it was a day and a half at most! Looks like we do the same exercise here again only the range is now 28-40/42k So Bitcoin has fallen to the support level of 28000 from before the big rise (28-64k). This is an exceptionally important level. If this...

Ether2020 Updated 

Dear friends, I can't resist showing you this chart of Bitcoin. Why? Because many people are afraid of a decline! Is it right? Look at this chart and judge yourself. By the way, I respect the opinion of everybody. It is not right or wrong. It is an idea and the number of logic elements make it more or less valid. Feelings about prices tend to be often wrong so...

Ether2020 Updated 

Dear Friends, As seen earlier in my previous update, the long trend line has not yet been broken and thus the longer term bullish scenario is still intact. If we do break through the long trend line, there will be the a very nice opportunity to buy Bitcoin much cheaper. So always price and for me personally both excellent as long as we can profit from it. What...

Ether2020 Updated 

Dear friends, Here we see the daily chart of Etherium. When in doubt, it is always good to zoom out to get a better overview without noise It is very important for Ethereum that the lower trendline holds. If Ethereum closes below this trend line with a close for the day we will very quickly see 1500 and 1200 USD in the picture. I would only trigger a stop below...