Ethereum No Longer Looking Good, $1000 Now Possible! Short

Ethereum / U.S. dollarBitstamp

Description

⋅ Jan 27, 2021 11:35 PM

We are now looking at the daily chart for ETHUSD, at the request of many people... I hope you enjoy it.

This is no longer looking good as we are about to have a daily candle close below EMA10.

Yesterday, short-term, we saw a potential bounce but this is no longer the case.

The MACD has been trending lower and we have bearish divergence in place.

The RSI is going down, down, down... The bearish divergence is present here as well.

Since prices are breaking below EMA10 today, the next target is EMA50... That's about $1,000 per ETH.

Namaste.

Comment

⋅ Jan 28, 2021 6:16 PM

Give it time folks... Patience is key.

Comments

Bladerunner2021

⋅ Jan 28, 2021 11:26 AM

So, looks like u r wrong

Pro_Trader_HTBB

⋅ Feb 8, 2021 2:40 AM

@Bladerunner2021, I have no idea why this guy has so many followers apart from the fact he posts 20 analysis a day, albeit 17 of them are incorrect. Feel sorry for peeps who actually use his analysis to trade off, they must lose a lot of money I'd say. Maybe they should follow someone with a correct analysis record where out of 10 trades you make, you win on 9 of them, imagine that!!!!!!

psionicguy

⋅ Feb 16, 2021 7:28 AM

@HowToBuyBitcoin, So... who are these people with "correct analysis"?

imanpajand

⋅ Jan 27, 2021 11:55 PM

this is my idea about eth

isma_marka

⋅ Jan 28, 2021 5:14 AM

There is alot of market manipulation going, there has been more buying than selling but still ETH is trending down.

PalenTrade

⋅ Jan 28, 2021 3:58 PM

Here we go. 1 Hour timeframe Ethereum

PalenTrade

⋅ Jan 28, 2021 3:56 PM

I am not so sure yet.

PalenTrade

⋅ Jan 28, 2021 3:57 PM

@Jesuppi, whups. Wrong analysis ;D

ruthzhou73

⋅ Feb 3, 2021 1:52 PM

my comment was deleted. I only said this is very wrong.