Ethereum has been following my second path pretty closely we got rejected off resistance at 0.073 and we have trailed down to support at 0.071 and we are looking for a very important bounce here coming up on our daily close. Looking at the bollinger bands we notice one thing that is not very ideal but isn't super crucial, we have fallen below the midline which is...
Cryptocurrencies have values of 0 and 1.
Either it has no value, it is 0 dollars.
Or is it infinite.
What did you expect? 1000$ free to come?
Bitcoin suddenly became 60-67 thousand dollars. Do you think that there is no pain at all?
The miners' game came and sold the lowest. There were those who were afraid. Has Ethereum Classic crashed, of course not.
Looking at ETHBTC we can see a large triangle or similar to a bullflag
This could breakout nicely upwards which I think it will
The other scenario however is that this is a top formation and the two squares both indicate points of a double top
I am very bullish on Ethereum with Visa's involvement
I have always traded in the USDT pairs.. Well I have learned many lessons lately and 1 of them is to gain more bitcoin while in a bull run.. Cause' it is the mother of all coins and most value.
Check.. Imagine you have 1 ETH worth of $1000.- and 1 Bitcoin is at the same time $10.000.- then ETH/BTC is 0.1 BTC
Later when the market has gone up your ETH...
Ethereum has been showing very high strength recently pumping even while BTC falls in price, and as BTC dominance gets lower and lower the altcoins and ETH will start to really explode! we have blew past many key areas recently like the pivot point, the first level of resistance and now the 0.2 FIB level, if we can manage to hold the 0.2 FIB for daily close...
Ethereum has been trading perfectly in this descending triangle and we have failed to breakout the top many times and now we could indeed be in for a fall out of the bottom of the triangle, from what it looks like there isn't a lot to worry about and this could be a potential fakeout to the downside, as we have many many supports below us this could be a tactic to...
As you see here we are testing a supply zone followed by some resistance which is normal but next let's see if we can do a Touch & Go off of the (Yellow) lower resistance then get a nice Uptrend that'll get us out of this consolidation.
Then we'll be met by another resistance, if BTC is able to get the market moving we should blow right through it. I do believe...
Ethereum against BTC has been pretty strong wee are trending slightly down but more of sideways movement within this descending wedge. i think that we could see a little more downside here until we start heading back up, for a few different reasons the first being if you look at my last BTC TA i think we are on the verge of a pullback in price and that will...
Long time since I checked this chart
Bouncing from .618 fib after some accumulation over ~0.03 sats
I think is too early to know if this is a reversal OR not
UCTS bearish across most timeframes (12H flashing buy tho!)
Set alerts and wait for stronger confirmation.
Using more indicators
We can see similar MACD formations between these two price points (purple ovals)
Also similar price formations, with a common bounce of a MA line between the two
Evidence suggests that this wedge that has formed bullishly will break down, bearishly
A head and shoulders can also be identified on the RSI weekly chart
Hi friends hope you are well, and welcome to the new update on Ethereum coin.
On long-term weekly chart chart, After formation of BAT and Gartley patterns, the priceline of ETH with BTC pair is completing the formation of bullish Cypher pattern and soon it will be entered the potential reversal zone There are also 50 and 100 simple moving averages supports in this...