Priceline of Ethereum / US Dollar has formed a bullish butterfly and entered in potential reversal zone.
RSI is oversold.
Volume profile of complete pattern is showing less interest of traders at PRZ area.
I have usded Fibonacci sequence to set the targets and those targets are as below:
Buy between: 186.28 to 171.56
Sell between: 197.70 to 225.35
The MACD is...
The priceline of Ethereum / U.S Dollar Cryptocurrency has formed cypher pattern.
The price action is entered in potential reversal zone and we has 50 simple moving average and 100 SMA supports in PRZ area.
The MACD is turning bullish.
Stochastic is oversold.
From here the price action can move up to hit the sell targets soon insha Allah.
The targets are set using...
Last week we issued a SELL on ETHUSD as we expected it to decline into $150-176. This week we are revising our SELL, believing ETHUSD to be a BUY at $140-$165.
Price is expected to decline in the short term to support at $176, as last week we began our negative movement.
ETHUSD is heading into an area of high volume support, so it shouldn't drop lower than...
The priceline of Ethereum / Bitcoin has completed the formation of shark pattern and entered in potential reversal zone.
Fibonacci sequence is used for setting the targets and the targets are as below:
Buy between: $223.64 to $222.37
Sell between: $225.38 to $228.57
Atif Akbar (moon333)
The Ethereum / Bitcoin cryptocurrency has completed shark a good long opportunity.
As per Fibonacci sequence the targets are:
Buy between: 0.019146 to 0.019003
Short between: 0.019330 to 0.019692
Atif Akbar (moon333)
pulling apart the charts looking to see if they are still holding the previous patterns and projections, and ETHEREUM right now in an area of interest for me.
Way back in June, which in trading time is forever ago... I posted this chart.
And guess what... here...
was just going through charts and updating, and noticed ETH is in one of my favourite patterns to trade! Reason being it is not only supported by the PARABOLA, the cup pattern is usually a good indicator of higher prices to come!
As I explained previously in ADA USDT chart, which has so far only had a fake out and dropped back into the handle for...
While Bitcoin price shown a new low of this week, Ethereum/Dollar pair follow the similar trend too, hence everything will depend on how deep can the price of Bitcoin dive before recovering. I would like to open a long position, but it's too risky now, so I'm waiting when Bitcoin changes its trend.
Conclusion for today’s Ethereum analysis: Price closing above ~246 is bullish for Ethereum price.
Ethereum price analysis for today is carried out using a log scale on the Daily timeframe. A candlestick chart is used with price action displayed from the January 2018 to current date.
The previous bearish trendline in Ethereum is indicated on the chart prior to a...
We have been stuck for a month between $ 197 and $ 233 and we expect it to continue for another month.
So what can be done by then? Buy as close as possible to support $ 197 and sell as close to resistance as $ 233.
If you are a trader who wants to trade only with the trend then wait for the price to approach $ 233 and then sell.
The priceline of Ethereum / US DOLLAR hits the support of wedge after 28 July 19.
MACD is turning bullish.
RSI is oversold and turning bullish.
Stochastic has given bull cross.
I have defined sell targets using Fibonacci sequence as below:
Sell between: 218.76 to 230.89
Atif Akbar (moon333)
ETH price is to decline into a zone of $150 to $176. WAIT for ETH To cross $196 before shorting.
Price is currently sitting below the high volume node used for support. There is a volume void below current price that will permit ETH to pass through with little resistance. Volume has been significantly declining as price has been increasing or trading sideways...
#Ethereum #Bitcoin #Litecoin
Hello to allwatching my charts.
In some words:
Ethereum still caught in the range between
Nothing new happens .
We have to wait in which direction the outbreak will come
The chance for long and for short i do see same
at 50 : 50 chance.
If you want to support my work and my charts, please like...