Analysis on point ^^ Retracement on 23.50% Reach over my target
First attempt on EW. Currently progressing in 3 until most probably next fibonacci level, 4 will be irregular flat-ish retrace before continuing towards 5
After recent developments, its obvious that risk management is everything. "spreading risk" over multiple currencies might just be an illusion.
China fake news are over. MACD & RSI confirms price reversal. Upper trend line broken. TP1: 280€ TP2: 330€
Look like we will move down till 235€ or more.
We can see a nice cup & handle. Projections looking good for a new ALL Time High soon
Metropolis will be released in late september. Ethereum conference in october. If no bugs occurs, we will see a target of 538€ (1.618 fib retracement), near 600$ psychologic limit. Buy-in: now Stop loss: 250€ Target: 538€
It appears that ETH has formed a divergence line which could be an early indication of a reversal. As long as ETH fails to create a new high with the RSI indicator, we will likely see a correction. My short order will be placed at about $322; immediately after a break in the trendline. Final target is set at $292. Once we have a confirmation of reversal,...
ETH looking good, my target for this month is 300eur. Higher low -new bullish chanel was formed, cruicial resistance at 200(eur) was broken above, huge symm triangle was formed and ETH jumped quite high - currently support is at around 230. We are close to fib 0.5 and the next resistance point at 260. If ETH will cross it, next station is the resistance at...
After a big movement from ETH to BTC, people seems to go back slowly to ETH since the correction of BTC. 9 law firms joined EEA (not announced yet) and Agrello ICO coming in 1 day. No bugs reported for Metropolis beta tests. We will see certainly a release in september. Buy: 258€ SL: 237€ TP1: 280€
Bullish on 4H chart if we break resistance of 270€. We can move to 290€ resistance and upper.
Are we going to 322? Flags are mostly halfway the trend, if pattern works out it wil go to 322.
Hey guys, We wish you happy Friday first, we hope you had a successful week. Now for the last day of trading, we have a shorterm trade in ETHUSD. When the market stays below the current high of 318.769 we like the buying at 270.351 with a stop loss at 240.6918 and an initial target of 360.263. We will cancel the setup once the market breaks the high because then...
After an ascending triangle bullish pattern, we reach a psychological limit of 300$. We saw many shorts and the volume go down. I see a wegde continuation bearish pattern and a correction to the 0,5 Fibonacci retracement. Sell order: 256,40€ Stop loss: 265€ Profit target 1: 237,85€ (0,382 Fib retracement) Profit target 2: 227,93€ (0,5 Fib retracement)
In the long run, this is not a make or break thing, but the channel that ETH/USD has been in for the last two weeks is running into the resistance line. This is also a back test of the purple line in the middle of the channel (channel is green). This purple line is part of a rising wedge - a bearish pattern that typically has negative implications that are in...
The course is recovering slightly after a strong rise. He had finally broken the resistance at 234. Currently we are hanging between the old often confirmed resistance at 265 and the 0.382 Fibo at 240. I think the uptrend is now confirmed and the takes a bit of swing for the next one to break through.
Price broke above the uptrend it was moving in so I drew a new median line set, an upsloping one. We may see that price found resistance at the median line, a good sign to make us believe that the slope of the pitchfork is an active one. Having that in mind I will keep an eye at the lower parallel of the fork for a buy setup completion. If we have one and see...
Hey Guys, ONLY IF ETHUSDT goes (WITHOUT breaking the highs at 242.42047740 first!) we like to buy it at the 100% fibonacci extension. When the market breaks above 242.42047740 highs we gonna delete this pending order! We dont like selling it. Hope that helps and trade with care Cheers