ETH is about to touch the upper line of the downwards trend line and most likely to continue lower. Interesting enough is that the trend has 2 upper lines and only one lower. This gives it more resistance when ETH may try to break up. Given the moment and based on analysis ETH should go down, however cryptos are very unpredictable when it comes to news, therefore...
Etherium is expected to drop in the following days and test the support. Due to the unfinished downward movement, it can be expected to favor the long position. However there can be a lot of psychological movements in crypto, therefore anything can happen due to news. What would you say? Do you think it will test the support more than it should or is it going to...
Today, the indicator "Kenji" on the daily ETHUSD chart generated a sell signal. Let's give some explanations on this signal. This is the ordinary signal to open the trade with a basic volume . According to the indicator, the price of ETHUSD is currently in the active downtrend phase (the area between the fast and slow average is colored red). At the same...
Hello guys, ETHUSD is near the upper trend line of the triangle where prices are bridled from several months. Now we have to see if it's strong enough to break this trend line. Yesterday prices touched the trend line for the first time, in area $545 (R1), but suddenly were rejected by the dinamic resistance, coming back to the area $520. We have to wait and see if...
ETH/USD overview. Just take a look on chart, price is so close to key level $628 from which cryptocurrency rate bounced several times. That level is a key zone for big players. You can open short near $628 with goal $400. If price will move down, it could go to $400. But for us that would be the greatest opportunity to buy ETH for so low price. I need to...
ETHUSD this crypto instrument is trending lower, now testing major support line The Cross down on the Momentum Oscillator with red down arrows confirm this downtrend Utilize these Trend Direction Candlesticks in synchronicity with our Momentum Oscillator and Alerts Achieve maximum results now Follow us.... And get Free 7 day Access !
Predicting A Correction Wave Cycle for ETH/USD Back To $900.
My previous post on Ethereum can be found here: Boundary for the channel in Ethereum (ETHUSD) was redrawn after prices broke below ~$670.18 on April 30, 2018. Previous target area between ~ $818.71 and $839.68 was hit on May 5 with price returning to successfully test the bottom of the channel. A break below the channel is expected to find support at Support...
ETHUSD - Directions to ETH for the next month
Hi Guys . ETHUSD is getting ready to break the SYMMETRICAL TRIANGLE . Wait for the breakout and decide the trend . Hope y'll find this useful . G'day Guys
This research is for informational purposes and should not be construed as personal advice. Trading any financial market involves risk. Trading on leverage involves risk of losses greater than deposits. Please Like & Comment if you agree with this setup and would like to see more Crypto setups from me.
This research is for informational purposes and should not be construed as personal advice. Trading any financial market involves risk. Trading on leverage involves risk of losses greater than deposits. Please Like & Comment if you agree with this setup and would like to see more Crypto setups from me.