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Ethereumanalysis

ETH - Can the Uptrend Continue?Nice bounce off of the 100 SMA on the daily time frame I would really like to see ETH break above $900 here, although it may fail on its first attempt and need to bounce again off of the 100 SMA. Something will have to give eventually as the price gets squeezed between the $900 price level and the rising 100 SMA. Looking forward if ETH can manage to push back above $1000 IMO that would be huge, ETH looking good as long as it can stay above the 100 SMA.
COINBASE:ETHUSDLong
by Bigsky_Crypto
2
My thoughts on ETHMy thoughts on ETH are pretty much the same as with BTC, (see the BTC chart I published today for my thoughts on BTC), pretty much since Jan. 13th ETH has been stuck in a 10:1 ratio with BTC. So I would expect if BTC rolls over and heads lower we will see the same from ETH, or if BTC keeps moving higher again I would expect ETH to do the same. As I said in the BTC chart comments I am not yet convinced that the lows set on Feb. 5th (ETH) & 6th (BTC) are the bottom, as the chart shows I could see a double bottom as one possibility or ETH could head lower and set a lower low. Of course, another possibility is that the low on Feb. 5th really was bottom and we just keep moving higher.
BITFINEX:ETHUSD
by Bigsky_Crypto
12
Ethereum - Ascending triangle still in playAfter the glorious rally from 8 USD up to 420 USD within less than six months, Ethereum is in a consolidation since early June. It looks as if this consolidation takes the form of a bullish ascending triangle, which means that a breakout above 400 - 420 USD will likely initiate the next furious big up-leg. If you add the height of the triangle to the potential break-out point around 420 USD, the next price target for Ethereum would be around 1,300 USD !!! On the downside, the zone between 220 and 240 USD must hold, otherwise the triangle formation becomes invalid. The 200 EMA currently at 235 USD is increasing the support in this zone. The Ethereum chart looks pretty bullish but may need some more time.
BITFINEX:ETHUSDLong
by MidasTouchConsulting
ETH forming Ascending Right Triangle with target of $406New ATH on the table for Ethereum (ETH) as the price is forming a prominent ascending right triangle with a minimum target of $406. After a 5 waves impulse from $197 to $300, ETH corrected with a complex ABCDE triangle which is expected to complete a higher degree Wave II at also $300 approximately. Actually a break of the support trendline above $285 could actually mean a bullish wick, and the price could explode stronger. Let's see how it turn out to be.
BITFINEX:ETHUSDLong
by erc9311