Ethereum support line probably is the line that below the current price.
The Resistance trend line is generally parallel to support line. According to this idea the resistance line is the line above the current price.
I created "up trend channel pattern". In this pattern, the price moves in a parabolic trend. I drawed parabolic line as a resistance....
I am afraid that BINANCE will affect the price of Ethereum
Total books: $34,227,930.61 (-5.37%)
Global Bids: $17,877,485.32 (+3.85%)
Global Asks: $16,350,445.28 (-15.46%)
24hr Volume: $1,259,245,633.44 (+7.45%)
There is lots of noise out there! Lots of people calling for more bullish price action. Certainly possible but the probabilities are stacked in favor of a short term pullback. Price action tells the story along with a possible head and shoulders forming. We are still within the strongest band of volume trading for ETH and we failed to break out of it (the head)....
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For those who have been following our updates and charts on Telegram, you remember that we've posted the same chart back in December 2018 pending the completion of the green IH&S. At this moment, the market seems to...
It would be quite unusual, if the necessary time to correct the whole impulsive move from the beginning up to the all time high would take only half the time of this impulsive move to unfold. Also the downmove since Jan 2018 was limited to a simple channel. Complete corrective moves normally present themselves more irregular.
The present upmove since dec 2018 is...
The price of XRP has been extremely tepid, compared with robust performance of BINANCE:BNBUSDT COINBASE:BCHUSDCOINBASE:BCHUSD, and even BTC has significantly outperformed XRP, as shown in the chart.
Many retail traders have a high expectation on XRP and believe it's bottoming, while the assumption, widespread and sensible, may be the reason for XRP's modesty .
Under that heading we publish signals of the indicator called “Ranger”. It was developed by our experts for intraday trading purposes.
This indicator is based on statistical analysis of the data and provides information about possible maximum/minimum values of the day (just right after the day has started) with certain probabilities.
What does this information...
Good day guys
As you can see ETH/USD tried to break up the median line of pitchfork twice which failed both attempts and then a drop and beak down of lower band was imminent.
After breaking down the lower band our genuinely designed strategy FSMM Signaled short with a timing close to perfect.
for those who do not want to take risk you can wait till we break down...
Ethereum has consolidated above the Ascending Triangle breakout in early April, which is important when trying to reverse a bearish Macro trend. Old resistance should become new support, and that's exactly what happened.
I'm expecting Ethereum to break out of the first channel above the Ascending Triangle I talked about previously by the end of this weekend,...
The uptrend line gets steeper and steeper,
Shows that the bulls can continue to release.
Buy Now or Buy Limit at 168
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ETHUSD is approaching our first resistance at 175.50 (horizontal overlap resistance, 61.8% Fibonacci extension, 61.8% Fibonacci retracement) where a strong drop might occur to our major support at 156.75 (horizontal swing low support, 50% Fibonacci retracement).
Stochastic is also approaching resistance where we might see a corresponding drop in price.