It's too bad that Ethereum still kind of follows Bitcoin's patterns. I hope that will change in 2018, because I think that Bitcoin is not going to have a good year. ETH seems to be going bearish in the short term. We need some good news to break out.
ETHBTC has likely formed a falling wedge pattern which is bullish. Entering a long position here is ideal considering the fact that ETH is easier to analyse on weekly chart. if we keep going up the MACD will certainly give us a golden cross which would accelerate the move to the upside.But, as I said in LTCBTC idea , considering the current situation that BTC...
Need break 600. Big resistance. After first target 690€
Used harmonic pattern to suggest the same priceaction (on the H1) This is a extra confirmation for the setup below (H4):
I expect some kind of retrace. Not sure how far. According to technical analysis it should hit the 460 level. Possibly with a quick spike. If you want a nice ride, put it a buylimit-order at 475. If you don't want to miss the ride to 750 put a buylimit order at 575, but you might have to endure some drawdown before the move up. Or you can wait for the retrace...
After a complex correction and setup of the first Elliot wave, Ethereum is now ready for the last push up in the third wave, moving up to fib 1.618 and 1.786 Lower thick red line is Fib 0.5 retracement of first wave. Upper thick red line is Fib 0.382 retracement which is often the case for third wave retracement. NOTE; third wave of third wave, so the one to...
Looks like ETH is not yet done with it's move higher. Next target is 600 - 625. Looking for a small retrace, then further advance
Jokes apart, let's look at the levels of #Ethereum. Now I'm looking on KRAKEN:ETHEUR pair because looking at POLONIEX:ETHBTC is meaningless. In this highly volatile period we can try to buy it in the 350 - 340 zone (in euros) and first targets are at 450 , but if you are a true follower of Vitalik: just #HODL.
Still bullish ETH. I think BTC had it's run for now and it's time for ETH to catch up. Next upside target for ETHEUR is 500 - 550. we probably have a volatile week ahead with the (alleged) introduction of exchange traded BTC-futures. Therefore i expect some kind of a zigzag, running stops above and below the market before the next surge up.
ETHEUR has broken the previous high of 440 as predicted here: Expect a shallow retrace and then a next push up towards 500 (495 to be on the safe side)
For today / weekend i expect at least 410 to be reached
After a period of consolidation is is time for a next laeg up. Price will revisit the high at 440
ETHEUR Short opportunity window for ETHEUR with good support @ 383
We might see Ethereum breaking through the 61.80% fibonacci retracement line and possibly gaining support at the 78.60% line (around 410 Euro) in the coming days. From the recent bottom a rather clear support line substantiates this claim.
This is rubbish, nobody can predict ETH. Good food for wishful thinking though.
After what seems to of been months of consolidation, ETH is finally on the move, and very rapidly. IF we are able to smash through the resistance zone between 390 and 407 I believe this could send ETH into one of its' biggest bull runs yet. As you can see on the chart, it appears ETH has formed a giant ascending triangle. Now if the size of the triangle...
It looks like ETHEUR has run out of steam. It needs to reload (pick up some orders at lower levels) before the surge can continue. Expect the 350-level and probably the 320-level to be revisited.