ETHUSD is approaching our first support at 186.06 (horizontal overlap support, 23.6% Fibonacci retracement) and a strong bounce might occur above this level pushing price up to our major resistance at 202.35 (horizontal swing high resistance, 23.6% Fibonacci retracement). Ichimoku cloud is also showing signs of bullish pressure in line with our bullish...
Ethereum is one of the weakest currency among the major name of top Cryptocurrency. I had posted a analysis of Ethereum to my paid group one month back when Ethereum was 450$ and ethereum broke the trend support line. That time all of my paid group member shorted with 5X leverage and they tripled their total investment in Ethereum. According to the POL flag...
ETH is really weak, next support is at 150 and then 130 should come next.
ABCDE pattern on 15m time frame. Goal 220. Stop loss: 184.
A lot of people are asking the question, is Ethereum dead? In my opinion the answer is NO. I would like to address this from a technical and fundamental perspective but first I want to go in the strategy that I am using. If you follow me you know my primary crypto investing/trading strategy is using ladders to take a position. Right now my average price of entry...
We have retraced almost 100% of the huge up move we had last summer(2017) until January(2018). There are two MAJOR support levels left on ETH ( light blue horizontal boxes on chart ). Starting to accumulate VERY low leverage longs here could be a good play. Make sure the risk to reward is at least 2:1. Also at TP1 close 33-50% of you position and move stop to...
ETH is falling apart now with a significant drop even compared to its bigger brother xrp and btc.
For next two or 4 days we can know if we can break the resistance from 6 May ( purple line) Now we have two way go to support 280 $ or go to test 312 $. I f we can break 312 $ next step 331 and pullback to 310 Following me for next update
ETHUSD is approaching our support at 284 (horizontal overlap support, 61.8% Fibonacci extension, short term ascending support line) and a breakout might occur below this level pushing price down to our major support at 277 (horizontal swing low support, 100%, 61.8% Fibonacci extension, , 61.8% Fibonacci extension). RSI (89) is seeing a bearish exit and we might...
Overall we had major respect at the level/zone we are at. I have been in the BTC buy since $6,000 and BTC controls a lot of other cryptos since it is the dominant coin. I think we can see upside towards $400 and find some resistance and fall back down. This is just an IDEA and for educational purposes. Most of my analysis are pretty on point, but trade at your...
ETHUSD is approaching our support at 283 (horizontal pullback support, 100% Fibonacci extension, 38.2% Fibonacci retracement, short term ascending support line) and a strong bounce might occur above this level pushing price up to our major resistance at 306 (horizontal overlap resistance, 100% Fibonacci extension, Elliot wave structure, 76.4% Fibonacci...
ETHUSD is approaching our first resistance at 305 (horizontal overlap resistance, 76.4% Fibonacci retracement, 61.8% Fibonacci extension) where a strong drop might occur below this level pushing price down to our major support at 283 (horizontal pullback support, 61.8% Fibonacci extension, 50% Fibonacci retracement) Stochastic (89,5,3) is approaching resistance...
ETHUSD is approaching our first support at 268 (horizontal overlap support, 61.8% Fibonacci extension, 76.4% Fibonacci retracement) where a strong bounce might occur above this level pushing price up to our major resistance at 303 (horizontal overlap resistance, 61.8% Fibonacci extension, 76.4% Fibonacci retracement). Stochastic (89,5,3) is also seeing a bullish...
Check out my last analysis. I said I would be laddering positions down to this 275-300 ETH area. My point C target on my chart wasn't perfect, but it was pretty dang close. You're Welcome. Current Conditions: On the Daily: RSI is confirming the bottom. MACD is almost ready to cross On the 6 Hour: Broken Trendline Strong RSI Strong MACD Don't sell to soon,...
When the mouvent bear starting it's clear for me that we must go to 245-255 $ (green line ) we touch 4 times. and we touch 5 for 246 $ Now 1 Target 317 2 Target 362 after back to 330 3target 382
In my humble opinion, below is my reading of ETHUSD over the next 5 - 10 days.