Ethereum possible reversal from 178, 180$ support levelCurrently Ethereum testing and holding the most important support level of 178$, 180$ inside a Bearish Channel on H4 chart.
A hidden MACD bullish convergence and RSI convergence can be seen on the chart which signals a bullish reversal.
In the previous downfall wave ETH made a upside reversal of 61.80% and touched the upperline of the bearish channel if it repears the same then we can see Ethereum heading to 216$ to most likely 223$ and VPVR Confirms this level as most dominant level.
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Ethusdcrypto
ETH/USD LONG SET UPETH/USD moved higher to the 206.28 level during yesterday’s North American session, a shallow retracement higher that was well below the 38.2% retracement of the move from 253.01 to 189.85. Many Stops were triggered during this recent bout of elevated market volatility that drove ETH/USD to its weakest level since 6 February. Stops were reached below the 226.69, 225.26, 220.00, 214.17, 211.50, and 209.75 areas during the pair’s quick decline, and this acute depreciation opens up the 195.34 and 175.80 areas. ETH/USD bears are also eyeing the 151.62 level as a downside price objective, but before the market tests this area it would first need to get through some longer-term technical support levels including the 177.85, 174.83, 165.25, 163.31, and 157.30 areas.
Price activity is nearest the 50-bar MA (4-hourly) at 223.17 and the 50-bar MA (Hourly) at 201.40.
Technical Support is expected around 189.85/ 182.62/ 167.17 with Stops expected below.
Technical Resistance is expected around 209.75/ 221.60/ 227.60 with Stops expected above.
On 4-Hourly chart, SlowK is Bullishly above SlowD while MACD is Bearishly below MACDAverage.
ETHUSDT - ready for growth. Do not miss the movement 🚀
Good day to all crypto fans! We continue to analyze the ETHUSDT chart. Previous analytics will be attached below.
Unlike BTC, ETH completed its correction on the daily time frame and is ready for growth. The price strayed from the moving average, adjusted to 0.5 Fibonacci. Over the course of 7 days, the price of ETH has consolidated in the buying area, and is now ready for growth. One can’t see a big desire to pull for a deeper correction in a glass of exchanges. Of course, everything depends on the price of bitcoin, but if it costs a little more growth or is in flat for a while, we will see the continuation of the alt season not only by ETH, but also by other coins. Sales areas are indicated on the chart.
For comparison, the graph highlighted the ETH correction in 2019, which is very similar to what is happening now. The price strayed from the medium-sliding one, consolidated in the buying zone and went to the upper border of the channel.
Cancellation of the scenario for growth and the continuation of the downward movement, leaving and consolidation below 182.60
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#Ethereum#ETHUSD, Careful buy signalThe upward trend in the daily graph currently holds.
The candles are located above the Ichimoku cloud but on the other hand, are below the average Ichimoku indicator lines (kijun-sen, Tenkan-sen), the indicators disagree on the future of the ETH.
As long as the Ethereum remains above the $ 213 support line, we will continue to recommend buying
Target: $ 280
This Bullish Signal being Appeared 2nd Time In Ethereum HistoryHi friends hope you are well . welcome to the new update on Ethereum. Today I will show you guys the strongest signal being appeared second time in the history of Ethereum las time this signal produced more than 12000% profit but before moving to that signal I would like to present some midterm and short term analysis.
In previous post we have seen that the price action of Ethereum crossed up the $149.00 resistance and after a small correction rally the priceline moved up and broke out next resistance level t $224.
Simple Moving Averages And Golden Crosses And Oscillators:
After crossing up $224 resistance level we have seen that the moving average convergence divergence (MACD) has turned weak bearish from strong bearish. Before this in previous days after crossing up the resistance the MACD has turned two times weak bearish but every time after a small bullish move the price action moved down. But this time we have better situation because this time the stochastic is in the oversold zone in relevant strength index (RSI) is also very close to the oversold zone therefore we can expect if stochastic will give bull cross from the oversold zone then the price action may take a powerful bullish divergence which can lead the Ethereum to the next resistance level at $310. We have another very positive signal and that is since the price action is retesting the support of $224 the candlesticks are being consolidated at this level and so far this level is not broken down.
Previously we have seen that the simple moving averages with the time period of 25, 50, 100 and 200 are forming golden crosses and only the golden cross between 100 in 200 simple moving averages was remained to be formed. Up till 27th Feb the price action was having a support of 25 simple moving average now the price action has broken down 25 simple moving average support and moving ahead towards 50 simple moving average if the price action will take the bullish divergence from this 50 moving average support and 200 and 100 simple moving averages will form a golden cross then we can see more powerful bullish move then the previous one. At this time the 100 in 200 simple moving averages are moving sideways and so far they are very close to each other and can form a golden cross at any time. But in case the price action breaks down the 50 SMA support then we may see the death cross between 50 and 200 simple moving averages that can lead the Ethereum to hit the previous support level at $149.
Bullish Butterfly Pattern:
Now I have received my favorite bullish signal and that is the formation of harmonic pattern and this time Ethereum has formed a bullish butterfly on 12 hour chart.
Let's dig this pattern deeper to see how perfect this pattern is formed.
The initial leg was started from 16 Feb Up to 19 Feb then after this bullish move the price action started a correction rally and retraced between 0.618 to 0.786 Fibonacci levels then after having correction it moved up and projected between 0.382 to 0.886 Fibonacci projection of A to B leg after this projection move the price action started the formation of final leg that is C to D and this leg is retraced between 1.27 up to 1.618 Fibonacci levels as required for a perfect bullish butterfly pattern. Now from this potential reversal zone the price action is supposed to take the bullish divergence at least up to 0.382 to 0.786 Fibonacci projection of A to D leg. We have another very strong signal and that is the 100 simple moving average has entered in the potential reversal zone just beneath the priceline to provide a strong support.
When the price action will enter in the Fibonacci projection of A to D leg then 0.789 Fibonacci level will be a very strong resistance for the priceline once the Ethereum will cross up this resistance level of 0.786 Fibonacci then the price action of Ethereum can easily hit the next resistance level of $310.
The Most Powerful Bullish Signal By Ichimoku Cloud:
Now let's move to the weekly chart to see the most powerful bullish signal that is being appeared second time in the history of Ethereum and that is ichimoku cloud this indicator is very much important in chartings because Japanese took almost 30 years to develop or create this indicator.
We can see first on 20 Feb 2017 when the price of Ethereum was $12.23 the priceline crossed up the bullish cloud and turn very very strong bullish and from Feb 2017 to January 2018 the priceline achieved the highest price in the history of Ethereum and that was $1594 this was more than 12000 percentage massive profit.
Now this time the price action is again crossing up the ichimoku bullish cloud on week chart at this time almost half of candle sticks crossed up the cloud but sofar the price action is not closed above this cloud.
The conversion line has formed bull cross with base line just beneath the candlesticks and this is good bullish signal.
Lagging span has crossed up the candle sticks but did not cross up the cloud.
Once the candle sticks and lagging span will breakout the cloud and the cloud will be turned bullish again then we can see massive bullish rally by the priceline of Ethereum.
Here another important point is that in directional movement the +DI has formed bull cross with –DI and ADX is moving up like it happened in Feb 2017.
This bullish indication is also in favor of ichimoku bullish move and we can expect that soon the cloud will be turned completely bullish like back in Feb 2017.
And if the cloud will be turned completely bullish then may be it won’t give more than 12000% like it has given in Feb 2017 but atleast it can hit the highest price ever at $1500 because this level is on at 578% away.
ETH Weekly RejectionETHUSD was rejected at the top of the weekly Gaussian channel, the Gaussian channel on the daily chart can be seen to be bullish currently sitting way above the channel, a retracement back to the channel is healthy. Strong linear regression trend can be observed, also three white soldiers pattern which may result in the inverse three black crows pattern to form to return to the bottom of the regression trend.
ETHUSD - EXPECTING REVERSAL BEFORE MORE UPSIDEANALYSIS ON ETHUSD
Welcome to my analysis
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DAILY CHart
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Interesting Point of interest In the ETHUSD pair.
- Price above 200 day EMA.
- look for buy signals to top.
- Watch botom for buy signals
- Watch red line for buys opportunity.
Long term i am expecting move to the upside. Will update soon
Stay Tuned
ETHUSD from last analysis tagged belowGBP USD self-analysis we see price respecting downtrend after the big buy last week we are expecting price to touch trend line and go back down and that's exactly what we are seeing at the moment
So I will take a sell to next support as indicated in the chart below
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💎 ETH/BTC potential profit 23%! Simple trade inside.Hello everybody!🧑🏻🚀 If you like this chart, Thumb UP!👍
1. ETH broke the resistance level which toke place since January 2019.
2. Also the price still above 200 MA on daily TF.
These 2 things strong bullish factors to continue the trend up through the Fibonacci levels.
My target:
1. Buy 0.0202 BTC
2. Sell 0.0212
3. 2 Sell 0.0252.
4. Stop-loss 0.0191
Good luck in your trade!
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ETHUSDT - where to expect not to miss a profit?Good afternoon! To everyone who holds this coin in their portfolio or trades it - the chart shows the areas in which the coin should be expected.
The first sales area is 220 -250. The middle boundary of the channel. And the next upper border of the channel, a very strong sales area of 300-350. In the breakdown of which we can talk about a trip to 400 and above.
Most likely the price can be expected in the zone of the upper boundary of the channel, and there it will be necessary to analyze the probability of a hike higher.
Trade with pleasure!
Thanks to all my subscribers and readers for your attention! 🙏
Success and profit!
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#ETHUSD#Ethereum,Continues the positive momentumThe ETHUSD reached the 200 moving average line, failed to break the resistance and began a price correction, the Ethereum stopped exactly at the 100 moving average line used as a support line and returned to the rise, the strong support strengthening the buy signal.
A green Ichimoku cloud accompanies the ETH and this is a bullish sign.
The candles located above the Ichimoku cloud reinforce the buying model.
Target: $ 175
#ETHUSD, We are still bullish and the explanation is belowThe 2 positive signs that have happened on ETH over the past few days are:
1. Breaking the average line moves 100 and staying above it.
2. The Ichimoku cloud has changed from red to green.
On the other hand, we have the high-ranking Stochastic and RSI, which means that the price correction after the recent surge of uncertainty has ended, the Ethereum is still trending down on the daily graph.
We recommend careful buying with a target of $ 180
🧙♂️ ETH - STRONG BUY. POTENTIAL TARGET 100% PROFIT IN BTC.Hello everybody! As you can see from this chart we are at the edge of the strong resistance level during 1 year. It was a really tough year for all ALTS... Enough, fucking enough guys!!!😡😡😡
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LETS DO IT TOGETHER, BROTHER! 💪💪💪
GIMME YOUR LIKE TO SPREAD THIS, BUDDY!
AMEN!
ETHUSD approaching resistance, look out for potential reversal!
ETHUSD is approaching its resistance at 149.88 where it is could reverse down to its support at 134.42.
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