ETHBTC it s situated into a rising wedge which will result probably into a breakdown from this wedge. ETH was tested 0.0376 Resistance line and now they want to push higher but in stochastic RSI we have a bear cross,RSI and macd it s a little overbought at 1D timeframe. We are above ichimoku cloud which is a bullish sign but probably they need to cool down a...
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?!
Technical analysis: . ETHEREUMCLASSIC/BITCOIN is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 37. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.00211 to 0.00182). if so, traders can set orders based on...
ETH can test the resistance line after the test I expect to fall on a dense support
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...
You can notice the bar pattern from the beginning of May to current Price. Watch for key break points in either direction, and mostly importantly, LOOK AT VOLUME. We want to react to the markets instead of predicting with a chance of error. Here are my few cents and potential consolidation zones on our next way up if this pattern holds.
Hey, I am back with another Idea . This time looking at Ethereum . Last time I gave strong buy signal at 487 dollars, and we are now at 690 now. So far Ethereum had pretty nice run up, since it was way oversold. Currently looking at the chart . There is a wedge that is about to break. Wedges can break both sides up or down, and I cannot be sure which way it...
ETHEREUM/BITCOIN 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 Buy...
Trading suggestion: There is possibility of temporary retracement to suggested Buy Zone (0.07195 to 0.06600), if so, we would set orders based on Daily-Trading-Opportunities (Price Action) and expect to reach short-term targets. Beginning of entry zone (0.07195) Ending of entry zone (0.06600) Technical analysis: Price is below WEMA21, if price rises...
Trading suggestion: There is possibility of temporary retracement to suggested support zone (0.07750 to 0.06600), if so, traders can set orders based on Daily-Trading-Opportunities (Price Action) and expect to reach short-term targets. Beginning of entry zone (0.07750) Ending of entry zone (0.06600) Take Profits: TP1= @0.0860 TP2= @0.1000 TP3= @0.1106 TP4=...