Entry 0.0385, Stop ~ 0.0355, Exit on chart. Too much BTC bullishness in the space, especially on Twitter. You guys realize ETH is reducing block rewards, right? Also, it's centralized, but who cares?!
Ethereum is headed further down on the BTC and Dollar pairs. This is largely due to the ripple effect of the current uncertainty in Bitcoin's price. We still have more room to move down on the dollar pair before I'd consider going long ETH. Just my thoughts.
The market cycle which started in the late March- early April with accumulation, is now approaching it's end with the final markdown phase. Possible reversal may occur here. A new cycle can start here with a new accumulation phase with a plenty of upside potential. On the downside, if it continues to fall then i see a support somewhere around 0.0498. If it...
ETH can test the resistance line after the test I expect to fall on a dense support
Well, this is seriously suggesting a reversal. Is the third time this happen MACD about to cross SRSI oversold and getting into price dynamic zone BottomFinder giving a very Strong signal (thanks to "theheirophant truckloadtrader" for this. Please try his work) Coindetector also giving an important alarm to buy (Thanks to "CoinDetector" !! give it a try, very...
Hello folks, We wait to see ETH coming to make a double bottom to enter safely. Watch clearly there is a trend line coming to support at double bottom as well! The top blue box is also a support point but not as strong as the bottom blue box. Trade wisely and smart! Cryptocholics out, peace out
Ethereum is one of the coins which tend to go the opposite direction of Bitcoin so as I was expecting BTC to breakout soon and I decided to checkout and what I see is a movement down , RSI overbought bearish signal, Elliot Wave Oscillator looking to make one more small red wave before ETH goes green so a downward movement is anticipated.. So my advice to my ETH...
Hello folks, This analysis gives everything you need to know about EthBtc pricaction. Green lines are support lines. Red lines are resistance lines. Blue lines are showing the general wedge trend. Use 50, 100 and 200 MA as both support and resistance as well! (If at high then resistance visa versa) We'll update the graph if necessary, for now we...
New trading suggestion: *The price is in an uptrend and we forecast the uptrend would continue. * There is still a possibility of temporary retracement to suggested support line (0.07200). if so, traders can set orders based on Price Action and expect to reach short-term targets. Midterm forecast: While the level 0.07200 is not broken, the Midterm wave...
New trading suggestion: *The price is in an uptrend and we forecast the uptrend would continue. * There is still a possibility of temporary retracement to suggested support line (0.07200). if so, traders can set orders based on Price Action and expect to reach short-term targets. Midterm forecast: While the level 0.07200 is not broken, the Midterm wave...
It does not look good for bulls. > Rejected by price resistance > RSI showed a bear div 0.30% and a terrible double top in the bigger picture > MACD extremely bearish > OBV too, the volume is going to the red side Possible dead cat bounce in the next price support area (which coincides with 0.382 fib)
Midterm forecast: While the price is above the support 0.02200, resumption of uptrend is expected. We make sure when the resistance at 0.07200 breaks. If the support at 0.02200 is broken, the short-term forecast -resumption of uptrend- will be invalid. Trading suggestion: There is possibility of temporary retracement to suggested Trend Hunter Buy Zone...