YoJah

YoJah

It's 5am....., I'm lazy. Short and sweet of it? We going down folks and that is all there is to it. COINBASE:ETHUSD 's prevailing trend is down, more downside volume than we do upside volume during a continuation phase should be enough of a clue that sellers are still a lot more aggressive than buyers. Also appears we are forming a descending triangle which is a...

YoJah Updated 

Hello again everyone. As I predicted in my last chart I posted about a day ago, the symmetrical triangle with the continuation with the down trend was confirmed with heavy volume selling which broke down the triangle and put COINBASE:ETHUSD into a free fall situation. Of course there will be a few retracements but from my analysis I believe we are to drop down...

YoJah Updated 

Hello once again guys. After taking a look at the 4h chart for COINBASE:ETHUSD , looks like we have a formation of a symmetrical triangle which has been going on for almost two weeks! As many of you probably know, symmetrical triangles forming during a downtrend represents a pause in that existing downtrend, after which the original downtrend would be more...

YoJah

Going to keep this short and sweet. ETH just bounced off LONG TERM upward trend line and yellow neck line of head and shoulders. Also, since we are bouncing off a major white trend line, I think that line has much more precedence than the blue line and therefore technically I think we are on the way out of the current bear market. ETH is now making its way towards...

YoJah Updated 

Appears we have short term upward trend with higher highs and higher lows (and what was once resistance at $720-723 range is now support, whether that is weak or strong support we shall see later but for now it is confirmed support) as indicated by white dotted trend line on the one hour chart. and the current uptrend is appearing to go towards to retest purple...

YoJah Updated 

COINBASE:ETHUSD As you can see we have a confirmed breakout from the consolidation period we have just had earlier. Confirmed support at $690. Also 20 day MA and 50 day MA are looking like they are about to cross, a bullish indicator that the stock ETH will most likely go higher. Looks like ETH will retest at possibly break $700 soon (if there is enough volume)...