ETHUSD price bounced off daily trend line and 160,00 strong resistance level. I think it is a good opportunity for long position.
Good entry point will be 0.0175-0.0180 ETH can show good correction movement Targets on the chart Stop per low
Expecting a new push to the downside 155.00 area Stops if we close above the green line. Perfect bearish structure. albx
The Fibonacci Retracements are from the 2018 dump in July, 2018. After capturing the 38% retracements Support, it consolidated for a while, and then sprung to above 300 euros. However, that was also aided by the BTC parabola. Now, it is consolidating just below the 50% retracement after the dump the past Wednesday. Extracting the bullish fractal from the 38%...
Finally some great days for the crypto markets, we didn't see two consecutive weeks without a big dump for a long time. Briefly, what's going on Ethereum right now? As we have seen the bull flag configuration leading to big gains in the past week, should we expect the same behaviour? Well, the two flags are similar, and as you can see they already produced same...
Technical analysis: . BasicAttentionToken/Ethereum is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 44. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.00093100 to 0.00082500). if so, traders can set...
ETH will move like this next hours , we need to make correction to 150 then going down from there to 140 let's see if this will happen
ETH is not looking to good right now. From the Ichimoku cloud and the Stoch RSI we can see that we are still very bearish at this levels. In my opinion ETH will test $130's and if it breaks lower than that we could see $50's for sure.
Im thinking we are on the 3 wave at the moment, I'm not sure how low it will dump but I sure we will probably dumb down a bit today. I will be daytrading on the 5m chart today but also keeping an eye on the MACD on the 1H and 4H chart for the next dump.
A bullish price channel is used in this analysis to capture the meandering price action of the GBPUSD on the Daily time frame from October 12, 2018 to present date. 1.38343 and 1.19602 mark the extremes (or width as indicated by the black arrow) of the channel and are therefore important to take note of for future price movement in the GBPUSD. The bottom of the...
Ethereum has had an incredible run since it bottomed out back in April. It is now correcting, with a possible head and shoulders structure almost completed. A head and shoulders is a trend reversal pattern. The uptrend, partially denoted by the yellow trend line, culminates in the head region, after which it begins a downtrend. The conventional way of trading...
The Ethereum looks much better than Bitcoin now. First of all - it's strong up trend. Second - the price is above big horizontal volumes. Third thing - last balances showed bull reaction. To resume mid-term growth, it is necessary to breakout 840. Next strong resistance zone would be 755 and round psychological level 800. For bulls it's important to hold price...
We are watching the development of events, if support will withstand the pressure of the bears, I expect resistance testing