Some evidence: Daily Bullish RSI Divergence. ETH breaking through 12/26 EMA (yellow/purple). Just need a bullish crossover. Some Resistance to look out for R1 is by our 50 SMA (green) R2 was support at one point with good volume also near 100 SMA (orange) and .236 Fib retracement. R3 was a very significant support, also our PoC on our Volume Profile and near...
Just keeping it short: With a BEARISH Divergence looming in the background and the current trend is down, along with BTC Dominance to go higher, ETH has further downs to go. 4 HRLY Chart: Bearish (Hidden) Divergence. Daily Chart: RSI supports the hypothesis WEEKLY Chart:
While Bitcoin price shown a new low of this week, Ethereum/Dollar pair follow the similar trend too, hence everything will depend on how deep can the price of Bitcoin dive before recovering. I would like to open a long position, but it's too risky now, so I'm waiting when Bitcoin changes its trend. Good Luck.
Ethereum keeps struggling against the Bitcoin with no sign of any attempt by the buyers that would lead us to expect some relief in the near-term. The pair keeps diving toward new year lows, for now sitting at 0.019 BTC. Sellers are fully in control as they have since the beginning of the year. Ethereum is strongly suffering from Bitcoin's dominance that keeps...
Ethereum broke through the 0.02 level, making a new year low at 0.0194. Since the beginning of the year, Ethereum has kept making lower lows and lower highs. Bitcoin dominance keeps growing is now at 67.7% vs 65.5% last week. Bitcoin's pumping phase is not over and sends a clear signal that investors are not yet inclined in transferring some of their funds in...
ETH continues its lower drift toward the year lows and support level at 0.02. ETHBTC remains bearish and doesn't show any sign of reversal as BTC dominance keeps climbing. A bounce could be expected around the 0.02 level but buyers would have to reclaim the 0.023 level and hold it in order to bring some relief. Raphaël Comte Investment Analyst at Token Metrics ...
ETHBTC bounce was short lived as the pair went back on the down road, following its downtrend. We are seeing some oversold signal on stochastic oscillator that let us believe that we could see a rebound in the short term but near resistance keeps capping any attempt to prop this pair up. We expect sellers to short the rebounds along with long covering, targeting...
Continuing rebound after hit yearly lows at 0.02 btc level which became strong support showing a possible bottom island formation. Oscillating between downtrend and support while volume decrease. No signs of reversal to the upside. Raphaël Comte Investment Analyst at Token Metrics Disclosure: Token Metrics is a regular publication of information, analysis and...
#Ethereum #Bitoin #Litecoin Hello to all watching my charts. Since a week Ethereum is trading in a range beween 200/204 and 235 We have to wait what happens next. Whether the pair falls below support range 200/204 and ist short again or if it will find bottom now in that range here and comes back to climb above 235 and startet a new try to higher prices...
Yesterday's daily close above the $300 key resistance meant that Ethereum bulls are likely eyeing new highs. That said, the market could see further consolidation within the ascending triangle pattern in the next few days but a test on the upper triangle at $325 - $330 is very likely. Even though this kind of pattern tends to be bullish biased, we should not...
Hello to all watching my charts Yesterday we talked about the steep steep UP channel here and now since tonight we got not even a pullback we got a break of 2 supports and a shortchannelsystem The second brake has come in at 7.00 am in the morning today and now we are on a short train here Right now in this minutes even the great long channel (blue) has...
Hello to all watching my charts Nothing really new to tell you here in this pair. Its still LONG as you check the purple longchannel of my trading system What is to mention, that in the short timeframe (blue lines) the power has little bit lost and the angel in not longer such steep as it has been in the days before (purple lines ) but in my eyes that...
Hello to all watching my charts. I am starting today a check of Ethereum and will bring you more Crypto Charts the next time Why ? Cause the possibility of trading these pairs in my oppionion has been dramatically changed to much smaller spreads and daytrading if wanted , is now possible with positive results. So lets come back to ETH: What do we see ? Its...
Just like in the case of the other major coins, the price of Ethereum has also managed to position itself above the 20 days Moving Average on the 8th of February, being stimulated by the increased trading volumes after 1 month of losses. It's important to notice that the indicators which have announced the 45% increase which was registered since then are the...
GettingAnotherMillion Thanks for your LIKE! Welcome. Trade #2 -Short ETHUSD at market (~145.94 Bitstamp) -Take profit: open -Stop loss: secret (contact me to get it)
If we go back in the days in which the whole sector used to go through amazing times, a movement like the one registered by the price of Ethereum on the 8th of February would have had less chances to be considered impressing. But nowadays, after the market drop we could see in 2018, a price movement from 105$ to 121$ is huge and for sure it brought back some of...
ETH/USD is about to have a Golden Cross on the 12 hr chart. Let's see if this signals a major momentum change and we start to see ETH head upwards past $200 and beyond. This indicator if realized could identify a great time to add to LONG positions for ETH.
TRADE SIDEWAYS NEX BREAK TO 124? POTENTIALLY LOOKING FOR BETTER ENTRY PRICE AFTER HARDFORK. THE TIME MAYBE CLOSER THAN THAT TO HOLD ETH FOR 2019 EOY TRADESAFE. TRADESTABLE.