Ethereum as number 2 cap during " great depression on Bitcoin" (3200$/per Bitcoin) was worth 82$.
Upon Bitcoin rebound was among the first one uptrending and gaining most thefore uptrended 82-157$ (while Bitcoin was moving toward 4200$ and failed in "previous round").
In % terms that is nominal USD gain of 91% which is very impressive having on mind we talking...
The uptrend line gets steeper and steeper,
Shows that the bulls can continue to release.
Buy Now or Buy Limit at 168
Show U The Money!
Ethereum support line probably is the line that below the current price.
The Resistance trend line is generally parallel to support line. According to this idea the resistance line is the line above the current price.
I created "up trend channel pattern". In this pattern, the price moves in a parabolic trend. I drawed parabolic line as a resistance....
Here we have ETHUSD 1D chart.
As I published an idea about ETH published on November 2018 kindly check it before reading this update here below:
As you see we talked about bottom near 65:80$ and we hit that level last few months, So where are we now ?
Basically we are in...
ETH has pulled back from basically no man's land. There is one resistance point dating back to October, but I really doubt that had much of anything to do with it.
We can see that ETH has now formed this channel. As long we stay in this channel, we should keep moving to the upside. What could happen at these levels we are at now is we hold these levels and move...
I have not tried this for many other pairs but this is working for me with ETHUSD on the 15 min chart. After looking at several indicators, entering in at the wrong times, being in long when I should be in a short or out, the frustration led me to really try to find where the best low to buy into would be, I discovered that if I set the Stoch RSI indicator with...
Observations are similar to BTC.
1) High RSI, due for a restracement
2) Gantley formation in play with 2 hrly (needing C to be confirmed as bearish formation)
3) Next resistance is as per November 2018 resistance, our target
4) Fib. observations all line up
5) Elliont wave in play, seeing wave 4 path
Please like and any comments welcomed.