Etherium has dropped perfectly to our major support previously. We now forecast it to make a recovery to 910 resistance where another reaction could occur (Fibonacci retracement, horizontal overlap resistance, descending resistance momentum). Our major support is at 781 (Fibonacci retracement, Fibonacci extension, horizontal swing low support). Stochastic...
You can see the original post I made for Ethereum here: Price action in Ethereum appears to be trapped in a channel ever since it made its high of ~$1424.00 on Jan. 13,2018. Ethereum bullish price swing from the bottom of the channel at ~$569.49 should have tested the top of the channel at ~$1027.01, but failed to do so. This is a sign of weakness by the...
Very familiar well know price action structure. New trend up almost always starts with that setup, check history chart. RSI oversold on 4h volume of bears declines, strong level of suppot/supply the control is in the bulls. RSI goes over 50. Good Luck. eth 5k 2018 hopefully. $$$
hello dear friends, if you are holding eth then its good time to sold and exit now because bear cycle has started and after raising its time to begin down cycle for ethereum chart forecast: eth broke 20 day ema which is negative sign and indicating bear cycle 100 day SMA (red line) cross above which shows downtrend, lack of volume 50 SMA also below the 100...
Ethereum is starting to make a pullback to our breakout level. This is usually a sign of bigger players pushing price back up to get in at a good entry. Our 1st major resistance is at 910.21 (Fibonacci retracement, horizontal overlap resistance) and another reaction off this level could push price all the way down to 781 support (Fibonacci retracement, horizontal...
Ethereum will most likely follow a steady path in upward trend channel after we have a possible drop to our support level as indicated by MACD. RSI looks somewhat positive. We recommend Bitcoin trade over Ethereum. Do not invest what you can't afford to lose. We are not your financial advisors.
Ethereum is approaching major resistance at 997.75 (Multiple fibonacci retracements, fibonacci extensions, horizontal overlap resistance). We can also see an ascending support line squeeze price against the 997.75 ceiling signalling that a major break in either direction could be expected. If price breaks the ascending support line, our next major levels of...
We tend to dislike the things which are good for us--hard labor, bland vegetables, natural clean water with slight odors and tastes. And most importantly--corrections. With that said, this correction has given many day and swing traders opportunities with double digit percentage gains, both Long and Short. And as drastic of a sell-off as we saw in the previous...
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...
Hi guys, I bet everyone’s happy again – I’m pleased to say that I’m 95% sure that the correction is over. I’ve done some analysis on what I think is a nice rollover for Ethereum and outlined some of the things which have lead me to strongly believe this. So, let’s get buying again and hopefully we’ll enjoy another rally. Happy trading! I'll update when I...
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.
Free coin fomo (callisto airdrop) on March 5th makes this a big mover this month. Market cycle reversing and moving averages will come up break MA200, Accumulation period now mark up with added 'free coin' FOMO, look at NXT in november and take a look what happened to guage the power of FOMO for a free coin in cryptocurrency... Just remember there is a good chance...
The trendline show clear signs of consistent bouncing and also ETH is with much stronger positions than BTC recently.
Ethereum is now testing our 1st resistance at 784 (multiple Fibonacci retracement, horizontal overlap resistance) and a strong reaction could occur at this level to drive prices down to at least 564 (Fibonacci extension, horizontal swing low support). Stochastic (34,5,3) is seeing major resistance at 96% where a corresponding reaction could occur. Trading CFDs...
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...
ETHBTC is showing, by the charts presented, a safe place to keep your eyes and investments on. The proposal of Ethereum (ETH) is not to become a currency, but a platform of smart contracts that can be used for many type of secure transactions using the revolutionary blockchain concept. Its clear now that the original Blockchain needs to evolve and there are very...
Hi Traders, hope you are all navigating safely through the storm in the Crypto-Market. I again got asked by a member of our Freedom-Trader Community to present my view on Ethereum/Dollar. As it turns out I spotted a pot. harmonic gartley pattern which offers us traders in the FOREX-Market a high probability trading chance. I personally don´t trade ETH but I...
Ethereum has broken major support at 756 (Fibonacci retracement, horizontal overlap resistance, bearish price action) and a strong drop could occur from this level towards 538 support (Fibonacci extension, Fibonacci retracement, horizontal overlap support). RSI (34) sees an intermediate descending resistance line provide downside pressure on Ethereum. Trading...