I'd bet that for the next year... imagine 1 eth worth above 1 btc. Well... what would you do? So above 0.0555 this chance will be opened.
Etherium made a high of $1417.96 on January 13 2018 and hit a lot of $565.53 on Feb 6, 2018. Price action for Etherium can be described as operating in a bear channel for now. The main trend line (over price highs) is drawn with its parallel used to connect price lows to form the channel. Price action currently is close to a resistance area for the channel. The...
STOP LOSS : 774.58 TAKE PROFIT : 1415.96 Risk-reward : 2.64x Longer term trend: Bullish Current trend: Bearish General comments: Ethereum has been declining in a bearish channel for about 2 months, since the start of the year. However, price broke the 50% retracement at $914.40, and is nearing the upper limit of the channel. The idea speculates that price...
A clearly favorable situation, Ethereum, who managed to break two major resistance zones at levels 780 and 910. From here, surely, the next target area is the 1000 threshold that we may see today. MACD has become bullish, it can easily see the formation of the new bullish line that is beginning to consolidate over the day. My next target is 1200.
The trendline show clear signs of consistent bouncing and also ETH is with much stronger positions than BTC recently.
Lets have a look at this market for those that are trading ETH vs BTC. Ethereum has really been treating its holders with really good gains versus Bitcoin since December last year. This shows great confidence in the Ethereum market and is worthwhile noting going into 2018. However the breaks have been put on as many are booking profits in BTC. We can see the...
Lets have a look at this market for those that are trading ETH vs BTC. Ethereum has really been treating its holders with really good gains versus Bitcoin since December last year. This shows great confidence in the Ethereum market and is worthwhile noting going into 2018. However the breaks have been put on as many are booking profits in BTC. We can see the...
My thoughts on ETH are pretty much the same as with BTC, (see the BTC chart I published today for my thoughts on BTC), pretty much since Jan. 13th ETH has been stuck in a 10:1 ratio with BTC. So I would expect if BTC rolls over and heads lower we will see the same from ETH, or if BTC keeps moving higher again I would expect ETH to do the same. As I said in the BTC...
Here is my ideas, I think Ethereum will test a new level of 570-600, the main reason is the FED plan to raise the interest rate and 10 YR bond yield causing pressure on both Dow industrial and the cryptomarket. In addition to a problem that could potentially cause panic, which is an Ethereum hard fork to unlock funds from the last contract high profile...
Same pattern as BTC. Bounced into 50% fib. Support becomes resistance (red fill area). Fib target of $300.
Trading suggestion: There is possibility of temporary retracement to suggested support zone (864.535 to 731.100), if so, traders can set orders based on Daily-Trading-Opportunities (Price Action) and expect to reach short-term targets. .Beginning of entry zone (864.535) .Ending of entry zone (731.100) Take Profit: TP1= @1012.050 TP2= @Free Technical...
This is my first chart published here. Privately, among a few other traders, I've been maligned for my bearishness since the holidays. I was calling for a healthy bias check of the overwhelming bullishness among small traders and adopters in the market. As you can see, I've drawn up where there is showing support, but the bears are still very much in control of...
Hello Traders! Very interesting moment! We opened short order, near of local invalidation 1274.37 Present time, waiting the breakthrough of local balance, then downtrend have to continue. Target: 850.00 Everyday, nine Tengri's traders, creates professional analysis, specializing on Elliotte wave theory, Technichal analysis, Volume Spread analysis, Market...
I have to admit that I have a very bullish vision with regard to Ethereum. Once the major area is passed (850) the price reaches a maximum value, then we get a confirmation of the major support area and the climbing will continue. Although the price fails to make new highs and exceed the 1300 area, I wanted to remind you that the January months always represent...
Hello Traders, Here with have a 1H chart of ETH. After the latest "big" correction ETH fell down by nearly 50% from its All-Time High, but quickly recovered quite a bit of the loss. At the time of me writing, ETH broke out of the sideward trend. If it manages to get in the upward trend I predict new highs. If it fails it may fall back to the ~1'000 area. I...
Trading suggestion: There is possibility of temporary retracement to suggested support zone (980.000 to 838.000), if so, traders can set orders based on Daily-Trading-Opportunities (Price Action) and expect to reach short-term targets. .Beginning of entry zone (980.000) .Ending of entry zone (838.000) Take Profits: TP1= @1151.600 TP2= @1325.300 TP3=...
Ethereum is very bulish, but opressed by Bitcoin, same as Siacoin and few more altcoin with almost the same extremely bullish structure. I'm not very "convinced" in Bitcoin at this point, because there are strong fluctuation by BTC side which affect entire market, so alts can't grow (even those extremely bullish). This seems like perfect opportunity for...