As many other cryptocurrencies, ETHUSD experienced significant fall as well. There are strong bearish bar on H4 ETHUSD chart and it getting close to previous structure low at 556. These sellers are going to lock their profits sometime soon and new buyers are going to step in as well. The best key area seems to be that structure low. Moreover, the price forming...
Midterm forecast: While the price is above the support 553.100, resumption of uptrend is expected. We make sure when the resistance at 965.400 breaks. If the support at 553.100 is broken, the short-term forecast -resumption of uptrend- will be invalid. Trading suggestion: Price is in the Buy Zone (799.300 to 738.500), we would set orders based on...
Midterm forecast: While the price is above the support 553.100, resumption of uptrend is expected. We make sure when the resistance at 965.400 breaks. If the support at 553.100 is broken, the short-term forecast -resumption of uptrend- will be invalid. Trading suggestion: There is possibility of temporary retracement to suggested Buy Zone (799.300 to...
Dear Viewers, This is an UPDATE of my previous 4 Hour Chart TA. The 870$ resistance has fallen ! At this time, ETH is not longer in a Bearish mood, we can see that thanks to the RSI being above 50, but keep in mind that the MACD is still corssing down on the daily charts. There is a possibility that ETH drops furthermore if it doesn't hold the 870$ position....
We can not predict the future but the market is optimistic these last days ... apparently in consolidation so I believe we will see great movements of high
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...
The trendline show clear signs of consistent bouncing and also ETH is with much stronger positions than BTC recently.
My thoughts on ETH are pretty much the same as with BTC, (see the BTC chart I published today for my thoughts on BTC), pretty much since Jan. 13th ETH has been stuck in a 10:1 ratio with BTC. So I would expect if BTC rolls over and heads lower we will see the same from ETH, or if BTC keeps moving higher again I would expect ETH to do the same. As I said in the BTC...
If you look at the broadcast you can see that it has a graph similar to the btc chart, I think that for further growth, you need to break through the resistance line
Hello Traders, Here with have a 1H chart of ETH. After the latest "big" correction ETH fell down by nearly 50% from its All-Time High, but quickly recovered quite a bit of the loss. At the time of me writing, ETH broke out of the sideward trend. If it manages to get in the upward trend I predict new highs. If it fails it may fall back to the ~1'000 area. I...
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...
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...
need a break and a set of positions for the following purposes
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.
Along with Litecoin Ethereum has made a pretty good move over the last two days and I am tempted to add to my position. My plan though is to be patient and wait for a better price to buy. I would like to see ETH test the $400 support level again where I would buy or slowly drift lower to the long-term trendline where I would also buy.
After the glorious rally from 8 USD up to 420 USD within less than six months, Ethereum is in a consolidation since early June. It looks as if this consolidation takes the form of a bullish ascending triangle, which means that a breakout above 400 - 420 USD will likely initiate the next furious big up-leg. If you add the height of the triangle to the potential...