I have made some nice calls the past few days. Currently looking at an Ethereum long. This idea is not active unless BTC holds current level Bouncing from the 0.5 level is very common. Currently at a level of support. I believe there will be a 10% correction for ETHBTC, causing an ETHUSD long to outperform a BTCUSD long. Thanks for viewing!
ETH has run up extremely nice over the past few days BUT if this candle closes like this, we are in BIG BIG trouble We have moved off nicely from the support OB and pushed through the 13EMA, using it as support on the retest but we have run into supply around $108 The monthly open was a level to watch to rejection but it doesn't see likely at the moment ...
Falling channel The triangle is more bearish than bullish Target at 75
ETH continued its climb higher over the weekend but was stopped just shy of $100 After retesting the lows near $84, we saw price bounce sharply above the S/R flip zone This support OB held nicely all weekend but we are starting to see some weakness enter the market We have currently broken below support and are now trending lower towards the demand zone...
Markets continue to bleed day after day and we witnessed something insane yesterday ETH/USDC had a flash crash As always with these crashes, algos most likely were the culprit as ETH prices saw a collapse to $13 before snapping back all the to $101.0 Whether bids got filled or not is up in the air and could very well have just been an exchange...
Following the aggressive movements when the whole market has dropped, the price of Ethereum has started it's sideways movements since the 23rd of November. The Pivot Level (or the average price) for this interval is 116.88 and at this stage the coin is traded nearly below it. Considering the RSI's level of 29 (oversold), the Stockastic's crossover below the...
After hanging out near resistance for a few days, ETH was unable to muster any kind of strength We did get a break down from the channel we formed near this supply zone and have been dropping ever since We bounced perfectly at the bottom of the support OB at $103.50 on above-average volume This is the line in the sand for bulls. If this zone isn't...
Ethereum dropped to the tick at $110 overnight, bouncing on the top of the support zone We are currently below the once support now resistance zone If we cannot break and close above this block, $100 is very likely Breaking above this zone with some volume will give bulls some hope and we could see a retest of the resistance zone that caused us trouble...
Alt Coin Analysis - Points out of 10 Date : Since 2015 ( 7 / 10 ) Volume 24 H : 220000 BTC ( 9/ 10 ) Available Markets* ( 10 / 10 ) Social Media Rate ( 9 / 10 ) Ranks ** 2 ( 10 / 10 ) Website ( 8 / 10 ) Type Decentralized platform that runs smart contracts Overall ( 8 /10 ) The Ethereum conference for designers, developers, researchers and artists...
Just like BTC, ETH has seen a very nice rally from the bottom (local) Unlike BTC who is holding its trendline so far, ETH has already broken below it and seem to be already starting to roll over This could be an early indicator of what is to come for BTC We can clearly see that this resistance OB has proven to be a tough nut to crack as it has been...
Most probably ETH done with Elliott Wave Correction ABC, and we can expect to see the new wave forming in upward direction expecting price to move upwards in coming weeks..
Ethereum hasn't been able so far to break above its breakdown level and has currently rejected at the supply zone Tagged the level right before we broke the lows and is currently stuck in the OB We could still very well test the wick high in the next supply zone near $127 but it would need some more strength from the bulls We did see some volume come in...
TP = 139.80 hit as the selling of the last two weeks has so far stopped at 103.03. This was our long term sell target and its achievement indicates the completion of our long term short strategy on Ethereum. We will now wait for a bottom to be formed within December - January before planning our long term long strategy. There is however a new tradeable pattern...
ETH dipped below $100 for the first time since mid-2017 but saw a very strong reaction from buyers We briefly saw wicks all the way back up to $120 but sellers have taken control once again We are currently heading back down into the demand zone near $105 and bulls need to defend this zone to have any chance for a retest of local highs The outlined path...
ETHEREUM / USD TA Chart is self explanatory, don't forget to use visual SL as market is quite volatile Short term recommendations is short with SL around 5% - 7% depending on your risk - on breakout go long with 4% - 5% SL Enjoy this trade advice my Crypto Maniacs, but remember to invest only what you can afford to lose or you're going right back to poverty on...
As the market continues to bleed we see Ethereum struggling to hold its value. There is weak support at the current level and if this fails to hold, we will see a $90 ETH in the short term. If the support does holds as the RSI is showing oversold then we will consolidate between $123 and $175 for the next week or so. However it will take some major volume of...
ETH has bounced off of lows printed yesterday EMAs have remained flat so far but a failure to break above this supply zone could cause us to revisit the lows Two scenarios could play out here and the bears are in control of the markets and leaning towards another test and possibly break of yearly lows is very likely Until we break above this resistance...
ETH / USD TA Ethereum will follow Bitcoin. We expect bullish action to resume around Q1 of 2019 as we get more information on Ethereum 2.0 Watch for resistance breaks Enjoy this trade advice my Crypto Maniacs, but remember to invest only what you can afford to lose or you're going right back to poverty on drop. We are not your financial advisors.