Waiting for price to close in or above the purple zone. We already have bullish evidence with a higher low, now waiting for a higher high.
If you look at the downtrend and at the RSI 14, it seems that it's still going down. When it reaches the support, you can long Ethereum with a 4:1 ratio.
Wild ETH bulls are at it again, and again. Most timeframes have over-extended RSI levels so any healthy cooldown is welcomed. It's been off to the races since $350 broke bullish and we've recently topped within a few dollars of the all-time-highs at the $420 level on gdax. I didn't expect to go from 350 - 400+ so quickly. Bulls could easily bust through $420 and...
Ethereum has broken out of the Symmetrical Triangle's upper trend line and briefly pushed over $400. There may be nothing to it but it seems kind of odd how the last two buying waves have occurred 12 hours apart. Could we get another wave of buying 12 hours from the last which pushes ETH well over $400? If the pattern repeats itself I would expect consolidation...
Looks like ETH could be set for another move over the next 2 days.
This is just my view of where Etherium may go over the next 1 to 2 months. Etherium has lost ground to BTC for over 4 months, I believe that Ethereum will close that gap somewhat over the next few months.
1. Long on break of 38.2 Fib (61.8 on reversed Fib) of Daily high/low range 2. Entry on 5min chart 3. RSI Composite & RSI bullish momentum (above moving averages & moving averages crossed higher) 4. Target 1: 89.0 Fib (move stop to breakeven) 5. Target 2: 161.8 Fib extension of daily high/low range (take 100% profit) 6. Stop: below 50.0 Fib of daily high/low...
Looks like the same buy program as Thursday is in control of the market. Almost an instant replace of the price action. Lift off from the same price and a pullback at the same price. Question is do we get the subsequent dump as last time? I am guessing we don't and instead squeeze higher. Yesterdays weak hands will be panic buying the new highs to fuel us higher...
Hi Seildev here We have an opportunity to buy with compression pattern on ETHUSD chart. We can identify a buyzone around 270~280 have have 2 targets: - Target 1 @ 390.90 - Target 2 @ 450 ~ 470 RSI divergence is showing as long. Always trade witha plan and safe trading. Seildev
Close to a very old and strong support level with a crossing on stochs, small down side, safe and good trade.
Hi Everyone ! ETHUSD is now trapped in pennant, wait for the breakout and after watching price action, take your trade thanks
HI Everyone, ETHUSD is near Demand zone and consolidating under triangle pattern. Very soon We will see and upward move thanks .
ETH is a LONG as per the technical perspective. Entry point: 275 TP: 350 SL: 245
ETH forming a large triangle on the 1D/1W, bullish long term. See related idea for log scale.
If we look at coinmarketcap we see that the current price of Bitcoin is at $5623.65 with $93 500 137 705 Volume. From the view of volume we see that Ether is currently at price $340.59 with a $32 399 320 332 Volume.. So ETH is at 1/3 in volume vs Bitcoin. Basically ETH would be at 20000$ price range. Or Bitcoin is overpriced a lot.