Relative Strength Index: The RSI is currently at a healthy 41 points. This signals some sideways trading up ahead.
Bollinger Bands: The price is also within the bands' range, however it's touching the lower band. This means the price will try to rebound slightly, at least until the MA line.
Volume: There is very little volume for Ethereum at the time of...
Hello, my friends. It's Crypto Ranger K.
I was expecting Ethereum to fall shortly from yesterday. But the price went up once more. The drop that I expected was around $ 190. I didn't sell Ethereum yesterday because I thought the drop to that point was tolerable. But yesterday I was lucky and the price rose again by more than 5%. I still think there will be a...
Monfex is at your service and today we analyze ETH/USD and ETH/BTC.
ETH / USD :
Together with the entire market, ETH corrected over the past day, pushing off from the resistance line of the downward channel. Now we see how it is recovering and seeks to continue growth, but will it break the resistance line? I think yes. But to be sure, Ethereum...
In an analysis I posted yesterday, I said this week's etherium could drop to as low as 185 dollars. I thought the candle would stay on $185 for a few days, and make the buyers run away. But the power to buy of buyers was greater than I thought.
The future flow I see is the same as the chart above. The picture is a bit complicated.
Based on the 1-day chart, I...
Based on the 3day chart, the MACD showed a golden cross. In the future I will hold ETH until the 3d MACD shows a dead cross. My 'first' goal is around $220.
Based on the 3day chart, this is where the 50-day line overlaps the top of the Bollinger Bands. I wish you good luck. my friends.
Tomorrow is the day when the 3-day candle and the 1-week candle are created. I'm pretty excited. If there is a golden cross on the MACD on the 3rd tomorrow, I expect the ETH will certainly continue to rise for at least few weeks or more.
By the grace of Allah the most high like always my previous chart of short term trade is also executed successfully:
Now on day chart after formation of successful bullish butterfly pattern the price action has started the formation of bullish Shark...
Priceline of Ethereum / US Dollar is forming a bullish gartley and soon it will be entered in potential reversal zone insha Allah.
We have a golden cross formation expected below the PRZ are between 100 simple moving average and 200SMA.
I have used Fibonacci sequence to set the targets:
Buy between: 180.27 to 178.55
Sell between: 181.61 to 184.85
Priceline of Ethereum / US Dollar cryptocurrency has formed a bullish Crab pattern and entered in potential reversal zone to hit the sell targets soon insha Allah.
MACD is strong bullish
Stochastic is oversold and has given bull cross
RSI is coming out form oversold zone
Volume profile of complete pattern is showing less interest of traders at this area
Priceline of Ethereum / US Dollar cryptocurrency has formed a bullish BAT pattern and entered in potential reversal zone.
I have defined the targets using Fibonacci sequence:
Buy between: 175.64 to 174.67
Sell between: 177.96 to 181.45
Atif Akbar (moon333)
Priceline of Ethereum / US Dollar has formed a bullish cypher pattern and entered in potential reversal zone.
We have a 50 simple moving average support within the potential reversal zone which can help the price action to hit the sell targets soon insha Allah.
But beware that MACD is still strong bearish and stochastic is oversold but did not give any bull cross...
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.
* Hit old resistance.
* Is triggering the 4H wedge (could come back one more time though)
* 12H stochrsi...
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
Atif Akbar (moon333)
I don't need to explain what Ethereum means to crypto and world. He is so oversold against BTC and that news today only made things worse, please check it first:
You can see that ETH has made one blurry wedge from green support and red resistance marked on the chart.
Also BB is starting to...
Priceline of Ethereum / Bitcoin has completed bullish Crab pattern and entered in potential reversal zone.
RSI is oversold.
Stochastic RSI is oversold and likely to give bull cross soon.
Price action has hit the lower band of Bollinger bands after Sep 2018.
Volume profile is showing weak interest of traders.
But MACD is still strong bearish, for secure trade we...