Hello my friends! The price of Ethereum (ETH) is moving in a Bullish Pennant after a strong bullish move three weeks ago. The volatility & volume is decreasing while the price is making lower highs and higher lows. We can expect a breakout in the next days. Our Confirmation Level is located at our Previous High (202.00). We can expect further growth if the price...
The Crypto market is in the red today. There is one bright spot. Ethereum (ETH) is outperforming Bitcoin (BTC). With ETH trading well, ETHBTC is rallying above its 50-day moving average at 210. We see this as very bullish for ETH and the entire crypto market. We see ETH heading higher to retest it's "previous 4th" wave vs. BTC. We see technical support for ETH...
The price of Ethereum (ETH) was moving in an ascending channel, which broke during a drop in the whole market. Usually we use the trend lines of the channel to swing-trade from the bottom (Support) to the top (Resistance), as shown in my previous ETH ideas. In combination with certain indicators, zones and further trend lines, this is a very easy way to stay...
Is it us, or do you feel like the fictional fighter John Wick is somehow standing sentry at 190 in Ethereum (ETH)? Every time ETH tries to make progress above 190, it comes back off the same day. This price action creates candlesticks wicks. Wicks form when there is a big difference between the high/low and the close. Hence our John Wick analogy. We say a...
There are some very interesting chart patterns in the ETH/BTC chart. It is very likely that Ethereum already found a bottom against Bitcoin and potentially we will see a golden cross of the 9 week MA with the 20 week MA very soon. Every time we had a GOLDEN CROSS, as you can see in the end of 2016 we saw a huge spike to the upside. Lets see how the market...
Hi, Traders ! Monfex is on the air ! ETH is getting ready for a new impulse Up, while BTC stays flat within the consolidation range. * Ethereum price is backed by the ascending diagonal Support line, with every new Low higher then the previous, signalling of the strong bullish presence on the underside. Based on this pattern, we can expect ETH to continue...
Hello my friends! After a successful short trade from the Channel Resistance (184.65) to the Channel Support (180.20) we are now able to open a long position for Ethereum (ETH). Our first target is again at the top of the Channel (Yellow Box). Since the Channel Resistance both has been tested multiple times, the price might break the Resistance and move to our...
The price of Ethereum (ETH) is currently moving at the top of a Horizontal Channel and got rejected. We will open our Position (Short) at 184.75 , i'm expecting the price to move towards the Support Line of the Channel at 180.20 . Feel free to ask questions and share your own ideas in the comments section. You can also support me on Patreon if you like my...
We took a look at Ethereum's (ETH) monthly chart. The good news is the bullish breaker held as support. The "bad" news is that Fib time analysis points to January as the optimal time for a potential take off. This contradicts the work in a recent piece suggesting gratification may come soon. How are we reconciling these differences? Assuming we are right about an...
Hello, Traders! Monfex is at your service and today we overview ETH/USD . Ethereum in the ascending channel and triangle under the resistance zone. MA50 - like resistance, MA100 & MA200 - supports. ETH/USD also has a bullish divergence by RSI. By breakout of the support line is expected to decline to the support zone. By breakout of the resistance zone is...
We got twisted and turned like everyone else, but I think regular readers of our work have seen that we like Ethereum (ETH) despite the range-bound nature of the price action. If we can add anything to the mix, it's that 180 looks like the high volume price going back to early September. As you can see from the chart, the visible range for the volume analysis...
We look upon the Ethereum (ETH) chart and it's depressing. Bitcoin (BTC) make moves 40%. ETH is at 182. It almost makes us lose enthusiasm for the crypto space. Almost. However, we are keeping our perspective. ETH has time to catch up or even rally on its own assuming this crypto rally is real. Bottom Line : The 200-day moving average in Bitcoin (BTC) futures...
ETH/USD ( Ethereum ) Everyone Has Been Talking About BTC in Crypto Space But I'm Bullish on ETHER as Well Because it's Following BTCUSD..!! - ETHUSD Has Broke out the Falling Wedge In DAILY TF Chart..But Rejected the 200EMA as Well. - Now ReTesting After Breakout & After that I'm Expecting Huge Profit in Next 2-3 Months..(80-120% PP ) - OverAll Doing Awesome...
COINBASE:ETHUSD Ethereum is heading into a full protocol upgrade in the new year. Price is currently in accumulation region and is picking up orders for the next macro cycle. Happy to start buying ETH in these ranges. Calling $140 the generational bottom anything below is a pure bargin. We're going to Mars so make sure your bags are packed!
So, with today's 10% spike, that brings Ethereum (ETH) back to the top of its 160 - 180 range. What seems most striking about this rally is that Bitcoin (BTC) is outperforming ETH on the upside. That is creating a red candle on the ETHBTC chart. To get excited about crypto in general, we want to see ETH beating BTC on the upside. Until we see that, we are...
A chart says more than a thousand words. In accordance with our BTC short-term bear bias, Ethereum might complete the formation of this falling wedge. There is a lot of confluence in that green box. I would like to see ETHBTC continue its ascend while BTCUSD keeps dropping. BITFINEX:ETHUSD Market Cap: $18,934,633,124 USD 2,362,273 BTC
Hello, Traders! Monfex is at your service and today we overview ETH/USD . What do you expect from Ethereum ? For now ETH locate near the support line of an ascending channel or bearish flag. Maybe here we see a small Head&Shoulders pattern, it looks strong near the support line. But if the blue line of support will be broken, then the bears will probably push...
I'm going to be watching this over the coming weeks and months... a very similar fractal on Ethereum vs Bitcoin. The top chart shows price action of 2017 through now. The bottom chart shows price action of 2016 into 2017. I don't have to do the play by play commentary on how many highs and lows match. They are obvious. However, a few notes... *You can...