


EthanTW
PremiumBINANCE:YFIUSDT - 1H trend chart - Long-term consolidation zone(pink rectangular) has formed a neckline and we can regard it as support zone now. Price hit 37458.75 on 10/8, then keeps converging in a triangle formation, direction is still unknown. So just wait for a break from this triangle, it might go up or down, but we tend to break it up because it's close...
BYBIT:ETHUSD Left: 1H trend chart Right: 1D trend chart - 1. Cup and Handle pattern We have been talking about a strong bullish pattern is forming for ETH since 2020 Dec. Currently, we're at the phase of building handle. Also, price is very close to previous high($3679.9) on 10/8, But it eventually didn't hit it, and then get a correction after touching...
BYBIT:XTZUSDT 1H trend chart In this trading strategy, I'll provide 2 types of open timing for aggressive and conservative traders, respectively. - We modify the patter as a descending wedge from a triangle (refer to last analysis) Price suddenly plunged while ETH falling, but it formed a good wedge. In the meantime, price hit Vegas tunnel_576ema, and...
BYBIT:BCHUSDT 4H trend chart - Price has build a Cup pattern, and there is a potential handle in 4H chart. If price can break out Fib(1) which is 625.85 and stand firm on it, the handle will be completed. The cup and handle pattern is a bullish signal, so our trading strategy as below. *Notice the pink zone, which is long-term resistance, probably give...
BYBIT:XTZUSDT 1H trend chart - A strong support zone was formed from long-term neckline, and it really seems effective for price while falling. Moreover, a downtrend line keeps price converging and gradually forms a triangle. Now, direction is still unknown, but if the upper downtrend line can be broken out, trading strategy as below. - Profit Targets: a)...
BYBIT:DOTUSDT 1H trend chart - With the strong support zone, that was formed from long-term neckline, and the upper downtrend line. Both keep price converging in a triangle formation, direction is still unknown. So just wait for a break from this triangle. If the upper downtrend line can be broken out, trading strategy as below. - Profit Targets: a)...
BYBIT:MATICUSDT 4H trend chart - an U pattern is forming, and will complete after hit 1.4421 Signal: 1) Rallied back to 12ema after hit 144 and 169ema 2) Got support on Fib(0.618) 3) From Darvas box, we can have the same amplitude from bottom(refer to right yellow ruler), then get target around 1.4381 - Trading strategy as below: Profit Targets a)...
BYBIT:LINKUSDT 1H trend chart - After price took out the neckline, the triple bottom pattern has been confirmed. Further it has retested neckline as a strong support. If price broke out the downtrend line, trading strategy as below. - Profit Targets: a) 30.199~31.102----Fib(1.272~1.382) b) 32.124----Previous high c) 35.578----Fib(2) *Notice that previous high...
BYBIT:SUSHIUSDT 4H trend chart - Currently, price has built higher lows and just retested the downtrend line. Also, these lows formed on Support zone, Fib(0.382) and Fib(0.618) With obvious support signal, trading strategy as below. - Profit Targets: a) 12.921~13.303----Fib(1.272~1.382) b) 14.123----Fib(1.618) c) 15.450-----Fib(2) Stop losses: a) 9.885----Red...
BYBIT:ETHUSD 4H trend chart - Last time, we talked about that a Cup and Handle pattern is building in 1D chart of ETH(refer to my last analysis) As expected, price spikes recently and is approaching all time high. But, what if you didn't have any position of ETH, even you are so bull for it? How can you do to experience this historical surge right now without...
BYBIT:DOTUSDT 4H trend chart - Currently, price is in a descending tunnel, and gained 3 support during consolidating 1) 144 and 169ema, now it gets back on 12ema 2) Price left a tail while rapidly broke down the bottom of tunnel. 3) Fib( 0.618) With these 3 signals of bull, we could open position while tunnel is broken out, and trading strategy as...
BYBIT:EOSUSDT 4H trend chart - On 3rd Oct, the downtrend line was taken out, then price retested 3 indicators. 1) Downtrend line 2) 144 and 169ema 3) Fibonacci(0.618) So there is an effective support level around 4.404, and trading strategy as below. But should consider the current weak market, price might keep consolidating. - Profit Targets: a)...
BYBIT:AAVEUSDT Notice in chart---Red: rise; Green: fall. 1H trend chart - Obvious Inverted head and shoulders is building Once the neckline of this H and S is broken out, which is previous resistance zone, trading strategy as below. - Profit Targets: a) 328~334.6----Fib(1.272~1.382) b) 348.75-----Fib(1.618) c) 371.65-----Fib(2) - Trading is a reflection of...
BYBIT:ADAUSDT Notice in chart---Red: rise; Green: fall. 4H trend chart - Price is converging in a triangle and built double bottom in previous. However, it didn't get surge while other crypto spiked. Due to the longest downtrend hasn't been broken, and 144,169ema(Vegas tunnel), neither. So just give it time to get trade off with space. If Downtrend line is...
BYBIT:ETHUSD Notice in chart---Red: rise; Green: fall 1D trend chart - 1. Pattern is forming Since 2020 Dec., ETH takes around 10 months to build a beautiful Cup and Handle . We just confirm the handle formed while the orange downtrend line was broken out recently. From the period this pattern took, we presume that a surge will happen before 31 Dec '21 *Cup...
BYBIT:ETHUSD Notice in chart---Red: rise; Green: fall 1D trend chart - 1. Pattern is forming Since 2020 Dec., ETH takes around 10 months to build a beautiful Cup and Handle. We just confirm the handle formed while the orange downtrend line was broken out recently. From the period this pattern took, we presume that a surge will happen before 31 Dec '21 *Cup...
BYBIT:COMPUSDT Notice in chart---Red: rise; Green: fall 1H trend chart - Price took out the long-term downtrend line, we consider it as a reversal signal. Additionally, price stood firm on Fib(0.618)level which is 338.4 With both conditions, trading strategy as below. - Profit Targets: a) 374.75----Fib(1) b) 400.65~411.10----Fib(1.272~1.382) c)...
BYBIT:AVAXUSDT Notice---Red: rise; Green: fall in this chart. 4H trend chart - We shift the uptrend line from last post about AVAX as the link below. From this modified chart, rising wedge is ongoing and price still got support on Fib(0.382) Also, these lower highs form a downtrend line in the wedge. With this downtrend and shifted uptrend, price is...