ETH running on 3 positive fundementals: Okcoin add rumor, coinbase add and the 160 M $ $DAO crowdfunding with $ETH trade active 0.03035 stop loss very close to position as in the chart.
Don't get rid of your longs until we break 0.02500 again, this could go to moon
Red count would signify the move has ended. Green count gives possibility for one more push. I am tending to think that (3) of c heavily extended, so wave (5) may not have enough strength to push usual wave five targets. Looking for a clear RSI divergence to confirm the end of the move. Pink horizontal is ATH. Don't really care about it tbh.
Where I think ETH may end up within the next couple of months solely based on the previous pattern and FA of DAO and major news hype.
ETHBTC has confirmed a weekly uptrend, like I anticipated, while the ETHUSD/ETHEUR chart formed a new weekly 44 bar high in RgMov, Tim West's proprietary trend/sentiment analysis indicator. This implies that the upside is considerable, and we should go long on either a dip inside the box on chart, or a new high. We could speculate and take a half risk position at...
With the new wave of ETH media attention and BTC fear, uncertainty and doubt, I'm expecting us to test 3700 ATH , either within the next 10 days (May 28th = DAO launch date) or before the BTC halvening. Two scenarios: a) Sideway correction on the 3000-3400 range then retest of ATH . If ATH is surpassed, next target is 0.5. b) Acute correction with 2600 as max...
I like Ethereum, think it will be good, but for now, what has it proven other than getting media traction? Coinbase addition is big though.
Im just guessing this could be happening after the DAO Hype is Over. Not pretty confident but seems that all this bull market on ETH was generated by the DAO Hype.
Until de Divergence gets denied I'M FULL SHORT NOW Be safe trade at your own risk.
ETH giving signals pointing to a correction, MACD div, TK lines too apart suggests they will pull closest, flat cloud ahead suggests price attraction
I see 2 bearish Div on multiple time frames 30 min hr shows a hidden bear div 4 hr shows a bearish Div Also if we don't cross 0.02335 we will complete an H&S Shorting to 0.0211 is safe from here in my opinion. Be safe I don't got stop loss on this one.
What we have here are 2 possible scenarios. BAT/Cypher The Cypher Pattern play's out @ 0.01 and the BAT pattern @ 0.06 For them to be valid we need: BAT: push to at least 0.0244 Cypher: push to at least: 0.0285 Remember: You could play the short off 244-245 to leg D (or 285 for cypher), but the trade only becomes active if we hit the 886 Target @ 0.06 or the 764...
We should go long ETH at market, using dollars or euros ideally, but diverting some BTC funds isn't a bad idea either. Keep stops below today's low. (or use this distance to measure risk and use no stops!) If we find price holds above the 7.6078 mark for a month, we could expect uptrend continuation and a move up towards the 9-10.25 range, before rallying...
Gonna take a gamble here and try and get this short filled
Ethereum ETH Massive downtrend to 0.0122-0.0123 once support box broken
Short around 0.02215 Target 0.0211 Stop loss 0.0222 (Red arrow is also possible too) Be Safe
Previous price action has been lots of manipulation with low volume since we reach 0.023 Top could be much higher than anticipated. I would suggest going long around 0.0205 with stop loss 0.0203 Targeting 0.0216 primarily Im making a long from 0.0203 to 0.0216 primary after that we need to watch the signals. if price shows much force and power this could turn out...