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Ethereumshort

#Ethereum Next step!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 tried to break the resistance without success. Yesterday we had another attempt to break the Ethereum price resistance that succeeded for a while and then became Star Candlestick, the definition of this candle is-"Small-bodied candles in the star position often suggest that market participants are becoming indecisive and that the strength of the current trend could be reversing" (according to Investopedia). After analyzing all of the parameters mentioned above we recommend a sell signal as long as the Ether does not break the resistance. Sell Ethereum: Entry price: 161.30 Take profit: 102 Stop loss:180
BITFINEX:ETHUSDShort
by xosignals
2
ETH - That resistance is just too strong B wave probably formed. That resistance is simply too strong. I can't see breaking that resistance in near future. Bitcoin also looks bearish. MACD doesn't looks bullish at all, RSI also. Let's see how we can play this resistance on ETH. In case that I'am wrong i will put stop loss just little above that super resistance. My first target is Golden pocket (0.618 - 0.65 Fib), you can also play that major support where i think C wave will be formed.If you have any questions you can DM me. If you like my trade and analysis make sure you hit that like and follow button. Thanks!
COINBASE:ETHUSDShort
by Vortexxx
Ethereum (ETHUSD) Looks bearish. Short the move up.I am currently very bearish on Bitcoin, believing it should not rise past 4000 and stay up. Currently have many limit orders from 3900 and beyond, with some filled already. Once Bitcoin moves up, it will be time to short Ethereum. Either way Ether should be moving down in the medium term. Eth has been kept up only because of its correlation with Bitcoin. Looking at the smaller timeframes, there is obviously a lot of supply at this current price. So short Ether when Bitcoin is 3900+. You can scale in now. Thanks for viewing!
COINBASE:ETHUSDShort
by HD1184K
2
ETH in trouble?ETH had problems with installing the constantinople-protocoll. This should have been the first step to implement the Casper-Protocoll, with that changing from PoW to PoS. But some security problems caused to halt the Constantinople protocoll. So no new good news for the token of Vitalik Buterin. And concurrence isn´t waiting. Technically the price of ETH is within a continuos fall since january 2018. I´ve had a little hope january 2019, when ETH seemed to have enough force to leave the negative trend channel; but it has been a false breakout. After forming a double top (very often a negative sign) it fell back into the trend channel. In comparison to BTC there is much space for lower prices. If the cryptocurrencies are coming back to their beginning in 2016 (start of the rallye), BTC would fall on ~ 2.000 USD but Ethereum would fall on ~6$. This would be horrific to the most investors who stepped in in 2017. But even if it´s a terrifying scenario, it´s not unpossible and it´s not unplausible.
BITFINEX:ETHUSDShort
by Luettis
ETH, triangle or ABC?Hi guys, although this is getting boring, at the same time the price has printed the way that we are going to follow soon, so you can be quiet just by placing yourself correctly in the market. Many think that we are leaving the bear territory and mooning just because alts did a very good performance in the last couple of months, but how many time have we seen it? Don´t play fundamentals, it doesn´t work well on cryptos, at least not until we have a massive adoption of Bitcoin. In order to have an impulsive wave from 15 December, we shouldn´t have such corrections almost hitting 78.6 fibo retrace. When that happens, there is only 2 things that can play out, a big ABC correction or a triangle correction. We don´t know yet wether is one thing or the other until a whale come and move the market again. That will happen most probably on Monday/Tuesday, since I expect a boring weekend, so once the whale move the price just a bit we will know what´s next. Then, what you should do now? If you see my charts, either we finish a big C and we go to around $170-180 territory or we go down from now, so the most practical thing to do is entering short 50% here and place a few orders completing another 50% from 170 to 180. When I mean 50% is not 50% of your capital, is 50% of what you trade for 1 position, let´s say if you trade 5% your capital in 1 position, place 2.5% here and 2.5% divided between 170 and 180. I will update frequently this idea since after this correction up we may start to see a huge market decline bringing us to new yearly lows.
BITFINEX:ETHUSDShort
by Coinamic
2
Ethereum (ETHUSD) Looks like a correction down is coming.My first neutral idea. ETHBTC looks like it may need a significant correction soon, so this lowers the gain ETHUSD will likely have if BTC pumps. So you should be better off with a BTC long if you are bullish instead. There is also a bearish rising wedge pattern on the chart. The ETHBTC rising wedge has already broken down. ETH does have a 0.99 correlation with BTC, so it will still hit higher highs if BTC does, but ETHBTC might not. Here is the ETHBTC chart & my prediction. It is just a wild guess. Thanks for viewing!
COINBASE:ETHUSD
by HD1184K
1
ETH/USD to hit $113 soon?ETH has been dropping in value significantly in the past few months. ETH overall trend is bearish with condensing volatility in its pattern. This is a strong sign for a major move...either bullish or bearish. Based on my analysis, I predict a hard drop from the red line, validating the pattern. Your stop loss should be at the green line (or slightly above it). Based on my approach, if ETH validates the pattern, I would take approx. 60% profit at "INT 2" and the rest at the main target. The secret is to be patient. With low volatility is anticipation for a big move. Have your orders ready! I could be wrong and if you think so, please leave a comment below explaining why you think on the contrary to me! Thanks and I hope this helped!
KRAKEN:ETHUSDShort
by KennySniper
Ethereum (ETH) Looks bullish. Possible 228 target.My last two trades closed for 13% profit and -3% loss. You may view them in the related ideas section. Ethereum has pumped up along with Bitcoin after touching support twice. Right now we are testing 225 resistance on Ethereum, but if we break through, it is very possible to hit 228 or rally even higher. Therefore, we may long Ethereum now at the price of 224. Buy: 224 USD 220 USD Stop Loss: 214.5 USD Take Profit: 228 USD 235 USD Ethereum may fail to break resistance and return to the 220 area. If that happens, exit your position if a bear fractal has been broken. If that happens, you may short as we will likely be heading lower. There is also a very good short opportunity here if you wish to take it. Simply short now on an alternate account and have a stop above the bull fractal. If it fails, you lose 0.42% at most. I am still standing by my 6900 target for Bitcoin.
BITFINEX:ETHUSDLong
by HD1184K
Ethereum continues to show weakness!Ethereum bounced from the demand zone twice forming a tweezer bottom BUT was unable to close above the EMAs, which does not bode well for bulls. The support level near the channel bottom and FIB seems to be holding so far but signs of resistance are creeping in. MACD signal line is trying to crossover bullish and histo has just now turned gree, however, RSI broke down from support and has rejected resistance twice and seems to be heading back down to lower support. The next few hours will show us where Bitcoin wants to go, which will dictate the rest of the market's movement. Thanks guys
BITFINEX:ETHUSDShort
by CM_Trades