Ethereum Grows with Bitcoin | Where To Next, $200?

BITFINEX:ETHUSD   Ethereum / U.S. Dollar
Ethereum is moving above resistance and growing slowly... But, what comes next?

We can see that Ethereum ( ETHUSD ) is breaking/challenging the trendline from the top hit on the 6-Aug. A good close above this trendline , which coincides with EMA50 ($176.38), can signal that ETHUSD is moving higher... But, where to next?

If EMA50 can be conquered, next comes ~$185 or EMA100. Followed by $195 and $205 price range.

Ethereum and Bitcoin

With Bitcoin ( BTCUSD ) moving pass EMA10 already, we know Ethereum ( ETHUSD ) to follow, so it can easily move pass above this resistance and go higher... We have bullish divergence showing up on the MACD as well... But, how far up can it go?

This is yet to be seen, we can be looking at a small bounce or something bigger... As the candles start to close, we will have a better picture, these are short-term/early signals.

Bitcoin Analysis

Bitcoin Aims at $10,100, Can It Go Higher? | Multiple Scenarios!

Bitcoin Bounce In-Play | Can Hit $10,900 But Not There Yet!

Thanks a lot for reading.


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Great content. its going as per analysis
+1 Reply
alanmasters CognitoBTC
@CognitoBTC, Thanks for the support.
+1 Reply
CognitoBTC alanmasters
@alanmasters, Most welcome Alan. Recently i bought Link on your signal and my trade went so good.
+1 Reply
alanmasters CognitoBTC
@CognitoBTC, Glad to know, thanks for sharing.
Hi there Alan, can you please tell me the name of the yellow and blue indicator on the right side of the chart?

Great work, I've been following you from a long time and I really appreciate your analysis and idea!
+1 Reply
@Firezx, Its called VPVR, thanks a lot for the support.

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