The market is giving us another trading opportunity. If the price breaks downtrend line + strong resistance at 1251 level this indicates that the price wants to move further upwards. Also the price might reverse downwards but then it is important to watch these strong supports (Boxes). Buy orders should be above of strong resistance level at 1251 level. If the...
Target - 1500-1600 usd Stop-loss - 960-1000 usd
Ethereum is forming a really strong major reversal signal with a head and shoulders formation. A break of major neckline support at 1096 (38.2% Fibonacci retracement, horizontal overlap support, neckline support) could trigger a strong move down towards 917 support (61.8% Fibonacci retracement, horizontal swing low support). If price breaks this major level of...
Everything mentioned in the chart ETH is battling a resistance and may retrace a bit but looking very bullish All levels are mentioned in the chart
Ethereum is now testing major resistance at 864 (Bearish price action, horizontal swing high resistance, Fibonacci extension) and a strong reaction could occur at this level which could push price down to at least 766 support (Fibonacci retracement, horizontal pullback support). Our next major level of resistance is at 905 (above strong bearish price action,...
Rally time. View my $ETHBTC chart for swing potential.
First and foremost don't smoke M-$ETH it's not good for you.... drugs are bad m'kay! Back to business though.... Ethereum should be retracing around to what could be a little between the bottom of the .5 and the top .382 fib level. After that it looks like we find our new support levels for Ethereum around this current $730 price range. Like always let me...
I really like the pattern Ethereum has been forming since it's big drop on the 21st and 22nd. To me, it looks like ETH is forming an ascending triangle. I would like to add to my ETH position but I am going to be patient and let the formation continue to form a while longer unless we get a breakout above $670. I will be buying on any breakout over $670.
Ethereum is now testing an area of resistance (Multiple 61.8% Fibonacci retracement, 76.4% Fibonacci retracement, Fibonacci extension, horizontal overlap resistance) and a strong reaction could occur at this area to push price down towards support level at 583 (Fibonacci retracement, horizontal swing low support). Stochastic (55,5,3) is dropping nicely with good...
Ethereum is now testing our major resistance area at 717 to 748 (61.8% Fibonacci retracement, 61.8% Fibonacci extension, horizontal overlap resistance area, bearish price action) and a strong drop could occur at this level to push price to at least 583 support (Fibonacci retracement, horizontal swing low support). Our next major level of resistance is at 809...
Ethereum bounced above our major support level and reached our major resistance level perfectly. Now it is dropping strongly and our next major level of support is at 710 onwards to 692 (Fibonacci retracement, Multiple Fibonacci extensions, horizontal swing low support) where a possible bounce could occur once again to push price up towards major resistance at 792...
Ethereum has dropped strongly and is bouncing off key support at 709 (61.8% Fibonacci retracement, 100% Fibonacci extension, horizontal overlap support) and a strong bounce could occur at this level. Our next major level of support is at 653 (Fibonacci retracement, horizontal swing low support) and our next major level of resistance is at 804 (Fibonacci...
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.
Along with Litecoin Ethereum has made a pretty good move over the last two days and I am tempted to add to my position. My plan though is to be patient and wait for a better price to buy. I would like to see ETH test the $400 support level again where I would buy or slowly drift lower to the long-term trendline where I would also buy.
As the Ethereum is dipping also a bit on the bitcoin move. The future looks prosper for Ethereum. As new tech implementations will follow on Ethereum I stay optimistic with so many connected ICO's and coins for future tech. The price structure has nice support incoming to bounce of the broken trendline. Target is a fibonacci 61.8 extension at 665 USD. Good trading.