downtrend line has a slope reduced then previous one
price touch minimum values
Canadian C3 is ready to boost the price spreading next three months
all forecast alineated to have a nice warm Autumn
ready to jump into?
Relative Strength Index: The RSI is currently at a healthy 51 points. This means the market is stabilized and we should expect sideways momentum in the coming hours. Looking at RSI’s oscillation, we can see the trend should be reversing. If the RSI peaks above 70 again, we should anticipate another move upwards.
Bollinger Bands: At the time of writing,...
Priceline of Ethereum / US Dollar cryptocurrency has formed a bullish butterfly and entering in potential reversal zone.
I have defined targets using Fibonacci as below:
Buy between: 166.18 to 155.82
Sell between: 174.15 to 193.91
Regards,
Atif Akbar (moon333)
ETH looks surprisingly good in most timeframes, especially the 4h, 12h and weekly look really nice. Could just have been a 1-4 correction in the weekly. I don't believe in ETH too muche, but if this was the case the upside could be immens.
Let's summarize:
* Hit old resistance.
* Is triggering the 4H wedge (could come back one more time though)
* 12H stochrsi...
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...
$ETH - $BTC
Not looking good at all. If we lose the POC level that we're currently at, the next area I'd be interesting in longing is at 0.0108. Be careful.
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.
Good Luck.
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
Regards,
Atif Akbar (moon333)
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
Regards,
Atif Akbar (moon333)
#Ethereum #Bitcoin #Litecoin
Hello to allwatching my charts.
In some words:
Ethereum still caught in the range between
200
and
235/240
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.
Good trades
If you want to support my work and my charts, please like...
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
Regards,
Atif Akbar (moon333)
Using the Fib Retracement tool on the Ethereum charts gives us a good perspective on the meaning price points and reactions.
In the following representation , we have a slow breakout scenario with a market finding continuous support and weak bearish energies.
Currently we are support by the previous trending resistance line and finding heavy resistance at $230...
