Script plotting Margin Longs vs Shorts for BTC ETH and all Bitfinex pairs Two modes of use... a) The script detect chart symbol and show corresponding Bitfinex Longs & Shorts (if data exist). b) You select BTCUSD or ETHUSD Bitfinex Longs & Shorts to show on any chart. Two comparison views... a) Juxtaposed: longs and shorts in same direction, side by side....
Ethereum is now testing our 1st resistance at 784 (multiple Fibonacci retracement, horizontal overlap resistance) and a strong reaction could occur at this level to drive prices down to at least 564 (Fibonacci extension, horizontal swing low support). Stochastic (34,5,3) is seeing major resistance at 96% where a corresponding reaction could occur. Trading CFDs...
Ethereum has broken major support at 756 (Fibonacci retracement, horizontal overlap resistance, bearish price action) and a strong drop could occur from this level towards 538 support (Fibonacci extension, Fibonacci retracement, horizontal overlap support). RSI (34) sees an intermediate descending resistance line provide downside pressure on Ethereum. Trading...
Ethereum has broken major support-turned-resistance at 995 triggering a bearish exit. Our 1st resistance is at 995 (Fibonacci retracement, horizontal pullback resistance, breakout level) where a strong drop could occur from pushing price all the way down to 769. We have to be careful about 931 support level as price has bounced off that area previously and it...
Ethereum is approaching major resistance at 1144 (Fibonacci retracement, horizontal overlap resistance, pullback resistance) and a strong reaction could occur at this level to drive price down to 927 support (Fibonacci retracement, horizontal swing low support). Do be aware that we’re seeing intermediate support at 1015. Stochastic (34,5,3) is seeing major...
Ethereum is approaching our major support level at 995 (Fibonacci retracement, horizontal swing low support) and a clean break of this level could open a potential drop to 769 major support (Fibonacci extension, horizontal swing low support). We have to be careful of intermediate support at 931 (Fibonacci retracement, horizontal swing low support). RSI (34) has...
Ethereum has dipped to our first major support nicely as expected. Support is at 1162 (Fibonacci retracement, horizontal pullback support) where a further rise could occur from to push price up towards 1282 resistance (Fibonacci extension, horizontal pullback resistance, elliott wave structure). RSI (34) is seeing ascending support hold up price really well in...
Ethereum is rising nicely as expected and we can see an impulse Elliott wave formation with first major support at 1162 (Fibonacci retracement, horizontal pullback support) where a further rise could occur from to push price up towards 1282 resistance (Fibonacci extension, horizontal pullback resistance, elliott wave structure). RSI (34) is seeing ascending...
We can see that the short term uptrend just broke and the sellers are stepping in. Not much change for us from the last report. Support still at $800 – $900 and resistance is at $1100. It could be profitable for buyers to stack some buy orders down into the support zone and maybe even a few below. Feel free to discuss this trade idea with us.
Ethereum has made a bullish exit of our long term descending resistance-turned-support line triggering more bullish momentum. We’re seeing intermediate ascending support holding it up really nicely too. Our major support is at 1008 where a further bounce could occur towards 1164 resistance (Fibonacci retracement, horizontal swing high resistance). RSI (34) has...
Looks like ETHUSD were break the line and moving down, a good opportunity to buy some down there, just wait for reversal point
The crypto market has had a rough month , and it doesn't seem to be getting any better. This is just a quick analysis I drew up after watching the market today. When we look at label 'A', we can see bearish divergence, with a higher high for ETH/USD, but a lower high on the WaveTrend . This is the first sign that tells me that the bull run is losing steam....
Ethereum is approaching major support at 1008 (38.2% Fibonacci retracement, ABC Fibonacci extension, horizontal swing low support) and a strong bounce could occur at this level to potentially push price up to even 1258 resistance (61.8% Fibonacci extension, horizontal pullback resistance). We have to remain careful that Ethereum is in a bearish channel and would...
ETH has strong potential as a token platform, moreover it becomes well-known to people. It is obvious that ETH price will increase significantly in 2018. Nevertheless in the short term we should carefully consider safe buy zone. As we can see on the chart price is far above ichi cloud which means it will grow further. In order to find the safe buy zone we use Fib...