📈 ETH chart update 📉

Support at 209 would be a nice zone for a bounce. Otherwise it will be forced into retracement to lower support zones at 205 and 202. Lots of volatility from BTC makes that old boy hard to move.

Fundamentals: Ethereum hardfork on December 4th

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⛔️ BTCUSD long scalp closed ⛔️

BTC bounced from 8026-8034 and hit 8230-8264. This long scalp is now closed as BTC looks bearish and might fall to 7800-7860 soon. You may take a risk and scalp it down.

Original signal:
🛒 Long entries: 7900-7950
🎯 Targets: 8150 - 8200 - 8290
💩 Stop loss below 7850

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📈 ETH/USDT chart update 📉

This is big timeframe - each candle 3 days. And it shows that so far it is a bit early to call the bottom for Ethereum. Although support zone it bounced from was a good one, so far chart lacks volume. Within nearest days possible drop to 140 support, then test of 158-162 resistance zone. Then return back to 135-140 support.

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📈 ETH/USDT chart update 📉

As predicted ETH tested 158 resistance and got rejected from there. But since BTC made this crazy pump and dump on 4th of December, ETH price got stuck in anticipation for the next move. While Ethereum have had fork coming, it seems that hardfork alone is not enough to lift up the old zombi from the ground. Might test 151.50 and even 160, if BTC price will grow.

Nov 26th post: Within nearest days possible drop to 140 support, then test of 158-162 resistance zone. Then return back to 135-140 support.

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So far 9600 missed out. But two hours to go before that 4H candle close, so might come back. In any case long orders should be waiting at 9325 and risky ones at 9463 as well.

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Update for Ethereum chart. Been asked to post it many times, but at this moment really can't give any precise forecast for it, because price is in extreme dense volume zone, which holds a lot of long and short orders. That means that once the direction is "chosen", price can do a really sharp move in both directions. Obviously will follow BTC.

If bulls will push it above 284 highly possible it will pump higher to 306 - 318 - 365.
If bears win, price may fall to lower support zones at 270 and 260. Long from there.

Since ETH month chart is so bullish, I don't think retracement is highly possible here, but if it happen, price should bounce from ~222 (with small chance to bounce higher from ~240. In general, no matter how low it fall, buy the dips 👍

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📉 Update for Ethereum chart 📈

If you followed my forecast made 4 days ago, you are long from ~260 support. It wasn't the lowest price it dipped to, but still a good entry and allow us to watch the show peacefully and in profit 🤝

Now Ethereum has Bull Flag pattern (actually it is bull pennant, but easier to call them all flags). Breakout should happen before or within 0.5 and 0.62 length of the pattern, which match 25-27 February. If no breakout by that time, pattern lose its strength. Targets same as indicated in previous post - see below.

Last port February 19th:
If bulls will push it above 284 highly possible it will pump higher to 306 - 318 - 365.
If bears win, price may fall to lower support zones at 270 and 260. Long from there.

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