Ethereum ETH - Feb 28 Technical Analysis - Opportunity Coming Up For Both Bear & Bull

in #ethereum7 years ago


General Tone:
Squeezing into a symmetric triangle.
A break down could target $820-$830
A break up could target $910-$920
Long Term Bias (6+ months) - Bullish
Medium Term Bias (Next Week) - Neutral
Short Term Bias (Today) - Neutral
Long Term Target Prediction (By 2019)- $2,850+

There are two great opportunities coming up for either bear or bull.

Here is the bull scenario:

Here is the bear scenario:

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Thanks Phil. I'm am losing my life to your movies - and loving it ;)

I see it like a bearish pennant that is going to break down:

Wow so much subcribers

Incredible! Upvoted :)

After watching all of the lesson videos, I really think that this one should be one of them! It felt like a refresher video that covered Elliot Wave Theory, Support & Resistance, EMA's, Shorting, Triangles, Apex, Bulls vs Bears, Tweezer & Bearish engulfing candles! So great and educational, I highly recommend that EVERYONE watches this video!

Also, how does this post have 1500+ views and less than 100 Upvotes?! C'mon guys, show you appreciate his work!

The philakone we knew and loved is finally back

Next on my list :P Thank You and Welcome Back !

Really impressive how your teaching style is improving, it‘s absolutely wow!

Yes! I'm spending lots of time to find out how to "teach." hehe. Caught me.

Thanks for pointing ETH out. Love your tutorials. Besides the ascending and descending wedges, do other triangles get "thrown over"?

In the end , it all comes down to bitcoin. If bitcoin rises so will ETH.

I missed you so much! Glad everything worked out for you last week. I can only imagine how tough it was. Thank you for all the insight and knowledge. From one teacher to another...

♥️♥️♥️ Glad to have you back ♥️♥️♥️

I love this.
Resteemed!

I am always confused between analyzing alts in BTC or USD paring... many perfer BTC and here its USD... How to know when to use what...

Nice analysis. Price hit a stack of sell orders at $885 today and pulling back. However, we are making higher low. I anticipate price testing sell orders at $960 within the next 1-2 weeks. I'm bullish with my 1st target at $1200.

Hi dad,

elliot moose is on the loose?

welcome back Phil

Glad you are back!