Hi All, It really depends how it gets to the trend line and what ETH is doing at the time. Its just an area to pay attention too. I'm bullish bias and hence based on the previous post on ALTS.LTC, I have it going up. Close up view, on the 8 HRLY and have the 10, 20, 50 EMAs. Please don't forget to give me a tick\like, as I would appreciate...
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ETH/USD ETH is quite holding this area of support strong as it bounces again on 50MA. If ETH can maintain this level for the next 24 hours, there is likely a chance it could push up to retest the previous swing High at 178 regions. Bearish scenario if ETH closes below this 50MA and upward trend-line support, we could see the price fall down the next key support area.
ETH/USD ETH almost touches the 180 price level but soon after Bitcoin drops, ETH also followed and the price reaches immediate support area at 165 regions. If ETH can't sustain this level of support for the next 24 hours, it could further drop down to 158 upward trend-line support before we could see a bounce up from the price.
Will Ether Remain a Commodity After Ethereum 2.0 Upgrade? The Ethereum 2.0 Upgrade Explained When it comes to digital assets powered by blockchain technology, very few have been cleared by regulators from the status of a security. In fact, there have been just two: Bitcoin and ether. The latter constitutes the only digital asset that was funded through an...
Some perfect EMA touches, it seems to like this blue EMA.. Wouldn't be surprised if we saw another touch / retest
ETH/USD ETH pump over 18% and piercing through two key trend-line resistance. The price is currently testing the old trend-line resistance to potentially turn into the new support area. ETH is quite looking good after it passes through 50D MA last Jan 10 trading. I'm currently bullish on ETH as long it can hold the 158 - 152 levels. Target to the upside is 180 -...
ETH/USD ETH is painting a bearish pattern or ascending channel which by TA it is not good. But to invalidate this bearish sign, ETH needs to hold immediate key support around 142 - 140 levels and not break the upward green trend-line support. ETH requires to get above this key trend-line resistance at 150 levels or over 6-7% pump from the current price. If...
#ETHBTC is trying to move above the daily 8MA. So it's getting interesting! I hate it when I have to provide alternative counts (last study) but that's just a part of EW. Either way, we had a truncated 5 which concluded the BEAR Cycle or this is just a subwave from wave 4. Question is: Was this an ending diagonal? or truncated 5? The bullish divergence...
In the current downtrend, a dragonfly doji may signal a price rise is on its way. 'The long lower shadow suggests that there was aggressive selling during the period of the candle, but since the price closed near the open it shows that buyers were able to absorb the selling and push the price back up'
ETH/USD ETH broke the inside trend-line resistance around 135 levels and has the potential to retest the much bigger resistance line at 150 regions. We can see buying volume in the past days and ETH finally started moving upward with the help of BTC moving up too. EMA cross is likely to happen within the next day to give a signal of an immediate shift in short...
Breakout : check Re-test : check confluence zones of clusters on fib scale : check ready for take-off!?? =)
Entry: 18177 Stop Loss: 17773 Target: 19790 Risk/reward ratio: 1:4
Holding current support. Expect ETH to reach .0194 and .0201 targets.
ETHBTC is in the early stages of forming a bullflag, various other patterns can be seen including, a bullish descending scallop, a bearish triangle, a bullish symmetrical triangle, and a bullish rounded bottom. This bullflag may end up breaking the long term downward trendline.
ETH/BTC ETH found support at 0.786 Fib level and trading history from Aug to Sep activity. We saw a 7% pump from bottom today, I would expect ETH to pump 1 more to retest the downward trend-line of resistance before pulling back and potentially form a new Higher Low. Bearish side if ETH sharply drops to 17300 sats and closes below it with engulfing candle. I'm...