Welcome Back!
My last Ethereum post was a bearish continuation update however, based off accumulation we invalidated that count.
Eth continues to look more and more bullish and I expect it to jump nicely and outperform Bitcoin in the coming months.
Based off my analysis we have hit a very decisive point in the current market structure moving forward. For over a...
Pair: ETH/BTC
Exchange: Huobi
Trade Duration: Short
Trade Direction: Short (sell)
Leverage: 3x
Risk: High (margin trading is extremely risky and you can lose your entire balance)
Our Entry Zone
0.034200 - 0.033000
Our Targets
1: 0.031165
2: 0.028313
Our Stop Loss: 0.036079
Don't forget to hit that like button and give us a follow , we...
ETH price holding above the $160 level, no further retracement.
Looking to fade sellers and enter about +/- $170, for a 2.4/1 Risk vs Reward
Upside to Take Profit at $210 with a trailing SL.
Looking for precise entry on the correction from $210. (long)
I think Tiger Wood go long....
Conclusion for today’s Ethereum Analysis: A close above 187.45 is crucial for Ethereum to maintain its current bullish momentum from 84.00
Ethereum technical analysis for today is presented on the 6 hour time frame candlestick chart using a logarithmic scale. The only goal of using a chart pattern is to make profit. For this to happen, the most crucial aspect...
In this review, I would like to talk about some important things that can be seen in the Ethereum graph above.
Let's start from the beginning - I added 2 red lines that show solid support in the 81.33 area and resistance in the 167.60 area, that these words are written we are still within this range.
2 The red circles are located in two places where the Ethereum...
ETH:USD has shown solid growth and fundamentals, as a TOP 5 coin, it is extremely correlated to BTC:USD price and will react extremely fast to any movement by BTC.
Right now ETH:USD has shown very solid growth since March 3, as BTC:USD has also shown to be quite solid after breaking through the 4000 resistance and forming support around the same price.
ETH:USD...
Even though prices seem to make lower highs, they cannot seem to break the resistance level, and thus, i suspect this crypto is still in a long-term bear market.
Altcoins already running.. looks like a major marketreversal is in the making.. This Fractal already printed 2 times.. Ethereum to 0,6 BTC until mid August..?! 1600% is possible imo , if this is the market turnaround..
Another example of an ascending triangle just in the hoven. We will see very soon the breakout of the top, but not without going down first. Volume speaks by itself.
We created a pennant within the big triangle. Looks like the price will play around the pennant for a couple of days and after that could break it down looking to touch the base of the big triangle. This big triangle actually look more like a rising wedge than anything else, and you´ll know what happens when a rising wedge is formed after a big long term...
The near-term outlook of the Ethereum market has turned bearish following a quick dip below Key Level 1 at 135 that broke its near-term market structure. Though Vitalik is still clinging to that level for dear life, that tiny drop of blood he spilled into the calm waters is enough for the sharks to home in for the kill. It is just a matter of time before his...
As we have already been accustomed to, any aggressive movement like the one registered in mid-February, is followed by a period in which the price is searching for a new direction.
These alternating intervals, which are already common for the entire sector, are making this market to be more interesting.
From the technical perspective, we have the Stochastic...
Ethereum as number 2 cap during " great depression on Bitcoin" (3200$/per Bitcoin) was worth 82$.
Upon Bitcoin rebound was among the first one uptrending and gaining most thefore uptrended 82-157$ (while Bitcoin was moving toward 4200$ and failed in "previous round").
In % terms that is nominal USD gain of 91% which is very impressive having on mind we talking...
