ETH/USD Bearish dynamics persists. Recession stopped at fibonacci level 78.6 Prog is in progress for further impulse reduction.
Ethereum popped up to the Tenkan Sen yesterday but was unable to close above this resistance zone and currently remains below the POC area. We would need to break above the Tenkan sen in order to magnet towards the Kijun and then the bottom of the cloud. Check chart for annotations! Thanks guys
Despite last week's aggressive rise, Ethereum found support just below 190.00 and followed the general buying frenzy of the crypto market yesterday to above 240 levels before eventually giving back 50% of the daily gains. These Higher Low and Lower High spots have created a wider 1D Triangle (RSI= 47.763, Williams = -46.179, Highs/Lows = 0.0000) but still more...
Ethereum had a spike up but still hasn't really gotten anywhere and stuck near $200. For us to be bullish, we would need to need to close above this POC level we are currently stuck in. Check chart for annotations! Thanks guys
Ethereum was looking very weak and about to fall off a cliff before Bitcoin & the Bitfinex/Tether FUD hit the wires and cause a huge spike market wide. This in turn moved Ether off the lows and spike into highs of around $220, which was not held and moved back under resistance at the moment where it is stuck. Whether we get another pump from Bitcoin 9.04% or...
After the strong push what the whole markets got, Ethereum' has found a resistance from the short-term counter-trendline, from the 200 EMA crossing area and from the first strong area at $225. The price has stopped on these levels and it waits for another pump upwards to push through completely from mentioned levels to confirm another bullish leg upwards. The...
Megalodon Pro+ Long Term Isolator is green on 1D. Pull backs on Megalodon Pro+ Short Term Isolator on 240 or 60 will bring a good trade for ETH/USD -------------------------------------- Swing and day traders —> Look for 1D confirmation(green rectangle close) on Megalodon Pro+ Long Term Isolator. —> Look for 240 min & 60 min confirmation(green rectangle close) on...
Is #ETH about to pull the ol' False breakout/Shakeout/Short Squeeze? $ETH shorts at ATH and going parabolic. Let's see what happens. My gut is up. Sentiment on Twitter is Ethereum is going to zero. ETH shorts are rising at a rapid pace, blowing past ATH. -@CryptoCurb
Ethereum was trying very hard to stay afloat above $200 but it finally gave way and dropped straight into the next demand zone around $187.50. The FIB level is acting as support at the moment but we need to move away from this area or else we could see $175. EMAs are still moving lower trying to catch up to price so some consolidating might occur here but we can't...
Hello All, This morning I'm taking my analysis to Ethereum where we have spotted the Pyramids of GYZA on the 4 hour chart! This is not the best situation for us given market structure. We have recently tested the neckline with a rejection but I would like to see this continue but I'm not so sure that we dont see one more flush down to really capitulate the...
Ethereum needs to hold this FIB support zone for bulls to have any type of hope or we will see the $170-handle again. If one is looking for a short, the ideal spot would be near the 38.2% FIB or better yet the resistance level right above it. Thanks guys!
Ethereum is looking very bad after breaking below the triangle support yesterday and continues to look weak on every bounce. We fell down to support and we must hold this level or else we could revisit the lows once more causing even more panic! We must wait and see what happens in the next few hours and how the daily candle closes. Thanks guys
ETHUSD The supports are broken. MAs crossed the price and look bearish. Downtrend continuations and all tatgets active.
ETH/USD The support line of the channel is still holding sellers but not for long We can see a rebound before the fall
Ethereum finally looked like it might be out of the doghouse and could possibly test supply above but yesterdays drop has put everything back into question. If we cannot get above the EMAs & trendline here and we drop back into the support area below could further put the nail in the coffin for Ether as it will most likely head back to $195. We have seen in the...
Ethereum is continuing to have trouble breaking out above resistance and we are seeing signs of possible bearish activity on the way. The cloud seems to be flipping bearish while the lagging span is making a B-line straight for price. The only thing keeping price above the cloud right now is the Tenkan Sen and the Kijun, where a close below the cloud could spell...
Ethereum continues to remain range bound over the past few weeks and has found it hard, time and time again, to break the resistance around the $235 area. A break higher from this very big POC area could be the launch pad needed to propel ETH back to $300. We will wait for some movement in either direction to post a possible trade. Thanks guys!
Ethereum is on the mixed sings area so, be careful. What does it mean? We have several bullish signs but we have also a bearish sign. Let's start from bullish signs: 1. The Ethereum price makes still the perfect higher lows (HL) which will indicate that the upwards momentum is on the chart. It means that buyers are earlier on the market and it makes those lows...