Hello Traders!
Very interesting moment! We opened buy order, near of local invalidation.
Present time, waiting the end of correction & buyers balance, then uptrend have to continue.
Please, do not open buy orders, at this moment! Very risking situation!
Best regards, team traders "Powerful Traders".
Hello Traders!
Glad to present 1variant of Ethereum cryptocoin priceaction.
We believe that the future price of this one will be near 1500.00 - 1700.00 for 2018y.
Obviously we can see 2000.00, but incredible 2600.00...)))
If you like ours EWA/EWP, then we'll show you 2-nd variant of approximately way of priceaction!
Please be aware that, trading craft is always...
Will Ether continue this rally, or is it time to take profits?
Personally, I'm holding on for a few more days.
We're still seeing a strong daily momentum according to MACD, Stochastics and Ichimoku. We had a correction today as a result of the Bitcoin and Litecoin dips, but immediately bounced back at a strong support level. I believe we will still see a new...
Missed the ETH Move to $1.1k? This is the plan for you!
COINBASE:ETHUSD
Summary
Stocastic and RSI bearish divergences make great buy in areas for major retracements on a strong chart in an uptrend.
RSI and Stochastic Bearish Divergences observes on ETH 4hr Chart
ETH is without a doubt both strong and in an uptrend
$850-$900 is a great area to add...
I sold all shares of $ETH at $993, $1077 & $1198 now will be buying back at these current levels. Green line is our support. Yellow is the uptrend. Red line at ~1.0 is target. This is a VERY clearly defined risk/reward trade. Easy money. Buy some $ETH.
ERC20 Tokens have been booming!
However what good are these tokens without the network on which they were built?
Based on current TA, and the mass accumulation of these tokens running on the Ethereum network. I believe a well deserved ETH rally could be within the near future.
Possibly sending us up over that 1k milestone.
My Analysis:
After a recent rally,...
I see ETH/USD holding firm after last days price bump.
Now I had a look at this chart ETH/BTC and see it broke the rising wedge.
Also breaking horizontal support.
The downtrend has made place for a new uptrend.
My fibonacci shows the 61.8 just got hit on this break, but I see more momentum coming.
Into the 1.61.8 extension, on the daily chart you see this is a...
Ethereum has shown "exponential" growth causing clearly visible support channels. Following this clear pattern, it can be seen that Ethereum will be following a previous pattern causing it to go to the 1100-1400 range, near the current Bitcoin price range. It will most likely keep that position for 2-4 weeks. Another scenario is that it will reach around the 900...
I really like the pattern Ethereum has been forming since it's big drop on the 21st and 22nd. To me, it looks like ETH is forming an ascending triangle. I would like to add to my ETH position but I am going to be patient and let
the formation continue to form a while longer unless we get a breakout above $670. I will be buying on any breakout over $670.
Ethereum is now testing an area of resistance (Multiple 61.8% Fibonacci retracement, 76.4% Fibonacci retracement, Fibonacci extension, horizontal overlap resistance) and a strong reaction could occur at this area to push price down towards support level at 583 (Fibonacci retracement, horizontal swing low support).
Stochastic (55,5,3) is dropping nicely with good...
Ethereum is now testing our major resistance area at 717 to 748 (61.8% Fibonacci retracement, 61.8% Fibonacci extension, horizontal overlap resistance area, bearish price action) and a strong drop could occur at this level to push price to at least 583 support (Fibonacci retracement, horizontal swing low support). Our next major level of resistance is at 809...
Ethereum has dropped strongly and is bouncing off key support at 709 (61.8% Fibonacci retracement, 100% Fibonacci extension, horizontal overlap support) and a strong bounce could occur at this level. Our next major level of support is at 653 (Fibonacci retracement, horizontal swing low support) and our next major level of resistance is at 804 (Fibonacci...
• $740.00 break, and fib -27.2% held.
• D1 Closing above $835.00 will lead the prices to next target --> $950.00
• D1 Closing below $835.00 the price will retrace to the near support --> $740.00
• Overall bias : LONG
@tradersmind
