D4rkEnergY just found out it has been Valentines Day a couple of days ago. It didnt matter for him, cause he feels the love every day from his fans around the world. Thats why D4 is here to give you some back.
Lets us take a look at the 4h ETHUSD chart. As you can see we are still in a downtrending channel (the 2 black lines). D4 KNOWS for sure we will break through, but lets start with one thing at a time. Firstly we have to reach 1,000 USD.
It all began in the beginning of February where we faced the bear flag, and felt all the way through to the very bottom of the channel. But as we say: After the rain, comes the sun. A beautiful bullish flag took us half way up to the dotted line (heavy resistance within the channel).
D4rkEnergY is a humble guy. But he is also fair, so at that time he had already called the incoming sloppy inverse HS pattern which meant, that it was just a matter of time, when we would break through the i HS neckline.
And as always. D4 was right!
At this very time a bullish flag pattern has taking form, and a new pole is starting to rise. D4rkEnergY will already tell you now it will rise higher. And we will soon hit 1,000 USD. If we take a close look, at the MACD the macd-line is bouncing on the signal line. The RSI is pretty high but not overbought yet. It has 2 options, and both of them are bullish. It will make higher highs, or it will end being an ascending triangle, and eventually break through
OUT D4rkEnergY is everywhere D4rkEnergY predicts everything
Hola! Dark Lord. Hoping for update on ETH soon. Looks like and H&S is forming today on the 4H chart, what is your oppinion? Is BTC running the market, rendering the signs we see in ETH and elsewhere invalid, or should we expect another chance to buy ETH cheap? Thank you for you analysis. They are very much appriciated!!
Krug
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Ethereum is very bearish at the moment. We will see a bigger correction downwards before it goes up.
SteveGRN
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Thank you for your analysis. Do you see a pivot after the 1K has been crossed? Will there be another consolidation and time to take profits, then bank for a lower buy?
RajeshwarRajj
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is it good to buy now.. or wait.. short term ?
fatihoznur67
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thank you for the TA. could you also take a look at TRON please?