$ETH
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.
#ETH
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
^ above idea suggests...
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...
$ETH
Hodling above ~.04 sats ('19-'20 high) on a clear HH-HL sequence
Looking to see if it can get some traction (volume) to the upside (aiming for ~.05 sats)
UCTS remaining bullish across all HTFs
No reason to be bearish atm.
#ETH
#ETH /BTC
Retesting what seems to be the last level prior going for the '19 & '20 highs
Overall looks good and a R/S flip here could allow continuation toward ~.04 sats (~10%) & probably higher targets
Wait for it Slightly smiling face
#ETH
Critical resistance:
In the US Dollar market, the price action of Ethereum is crossing a critical resistance zone. This area starts from $1200 and ends up to $1600.
25 SMA broken out:
Now if we switch to the Ethereum with Bitcoin pair chart. Then on the weekly time frame, the price action has broken out the 25 simple moving average and moving to the upside to...
Needs to break out of this consolidation. Odds are in favor of the bulls due to the preceding rally and a breakout of this descending channel .
Could kick off THAT altcoin rally... ;)
The importance of SMA 7 and 25:
The previous rally of 2017 ended when on the weekly chart, the simple moving average 7 crossed down the SMA 25. This time sofar the price action is retesting, again and again, the SMA 7 and did not break down it sofar.
Critical resistance and Cup & Handle Formation:
On the long-term weekly chart, the price action is in a...
Confirmed double-bottom reversal seems to be staving off naysayers as current neckline re-test seems to be doing okay so far. I'd watch for a probable 2nd leg down but as long as we see the buyers defend 0.03, we are likely going to see rallies to re-test recent highs.
Still bullish!!!
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.03307). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. ETHBTC is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic...
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.03307). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. ETHBTC is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic...
