ETH appears to be back-testing potential old-support (new-resistance) levels both in its price action and on the RSI. With the 4-hourly 100-MA just above, the price may now look to test downwards toward several support levels and moving averages.
ETH / USD TA As seen on daily chart we have golden MA cross pending completion (most likely another week or two) Do not leverage your lifesavings on this, but do have trading capital allocated for this trade. Long term traders and holders can comfortably enter in at current prices. Short term and Medium term traders should wait for confirmed breakout. Be smart...
ETH is trading softer after testing the double top area. 115-125 Area may offer support as well as buying opportunity for a potential 25-53% Gains without leverage.
ETH is looking to confirm a bear pennant / symmetrical triangle pattern on the 4-hourly time frame. A breakout may be imminent.
ETH may be setting the field for further downside action.
Eth will break down and is on its way to find new lows short term target is here at 119$ hope you enjoy guys! Textbook bear flag!
ETH / USD TA Bulls have the setup for further bull action, no questions here for sure. We have received solid bull cross on 100, 150, 200 MA's - In addition we have a possible bull flag pattern near completion. Do keep tight stop losses - potential safe trade buys at breakout point which is at around $147 depending on what exchange you're using. If we see...
-- #ETH is displaying several bullish patterns and indications -- Enter on a confirmation of an above average volume break of the ascending triangle on the smaller (4-hour) time frames -- TP: $156, $159, $165, and $170 -- S/L: $141.20 #BTC #Crypto #LTC #Cryptocurrency #XRP #BCH
ETH/USD 22/02/2019 : Move incomming ! we will see what will happen in a soon futur
ETH is cooling off after a launch off of the 50- and 100-Day MA (golden) cross. The 200-Day MA may be the next target in confluence with several important levels of resistance.
ETH has entered into (what appears to be) a rising wedge pattern on the hourly time frame--a bearish indicator. Further, the price has begun to consolidate around the 12-hour EMA (half-day average)--which may indicate a trend exhaustion and re-test of the 48-hour EMA (2 day average) that coincides with the classical target of the rising wedge
ETH USD Weekly Analysis with 2 Scenarios
ETH has broken through the 100-Day MA by confirming its bull flag pattern to the $146 level--the door step of the next channel of trading activity. We may expect some consolidation in this current channel, along with BTC, before testing upwards.
ETH has room to run to the downside before the upward trend is invalidated by a break of several EMA support levels and a bullish wedge on the RSI.
ETH is repeating history with a double-descending triangle (inside of a larger falling wedge) pattern leading into an ascending broadening wedge. Daily EMA cross is also imminent.