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
I'm not talking technicals with these charts as there's no need. Trade the chop if you want but a couple months from now ETH is going beast mode. 3d chart speaks for itself.
Ethereum coin found bottom just above the Mean support $617 level and adjusted back to the neighborhood of the Key resistance $703, within the medium to a short-term uptrend. A break above the Key resistance is still likely, and a test of the $862 'Coin Rally' is possible after the strong up move. With that being said, Ethereum is among the market leaders of the...
Awaiting market behavior at this area. ($800ish) If market breaks below $800 we should see further consolidation near $730 - $690 "Worst Case" : A test to $500 ------------------------------------------------------------------------------------ Weekly sentiment is bearish. Daily & H4 Demonstrate bearish behaviors. Consolidation expected. ...
Using Fib retracement and previous resistance lines to determine next support levels and optimal buy zone for ethereum.
We are breaking out of the symmetrical triangle upwards. all we need is to break the bigger triangle at 364 and we will be free to break 414 into the 500s