Ethereum and Bitcoin Cash are leading all coins higher, and are showing the trend that Bitcoin will almost certainly follow. Unlike Bitcoin, whose chart is not so clear with the breakout, Ethereum's chart has broken out of the triangle very clearly on multiple chart patterns including the long term trendline support (bottom part of triangle), the top resistance...
Ethereum also showing mixed signals. With a bullish inverted ascending scallop formed supported by the formation of a bullflag on the 4H chart for the bulls case. Also a bearish triangle formed for the bears case.
Ethereum bounced from the demand zone twice forming a tweezer bottom BUT was unable to close above the EMAs, which does not bode well for bulls. The support level near the channel bottom and FIB seems to be holding so far but signs of resistance are creeping in.
MACD signal line is trying to crossover bullish and histo has just now turned gree, however, RSI...
#Ethereum #Bitcoin #Litecoin
Hello to all watching my charts
Ethereum is similar to Bitcoin caught in a Trading range
and neutral at the moment.
here the trading range is between 200/204 and 2223/225
We have to wait in which direction the outbreak will come.
Below 200 it seems to be short, above 225 it seems to be long for me
If you want to...
ETHEREUM price action: Bullish consolidation bellow 193.5$ resistance. Potential upward targets after consolidation 200$ and 224$ .Potential pullback to POC( point of control of volume profile) at 181.3$. Ethereum closed above 200-Day SMA confirm uptrend. Invalidation close bellow 200-Day SMA at 175$.
Volume: volume increased, bullish sign.
ETHEREUM price action: Bearish rejection from 176.8$ to 152.3$ (13% decline).
Potential rebound to black 21 period EMA line at 162.5$, after possible rejection to support at 140$.
Invalidation bullish breakout of 166$ resistance level at 0.382 Fibonacci and break of red resistance trend line.
Volume: increased, good sign.
Indicators: MACD bullish crossover...
Ethereum was trying very hard to stay afloat above $200 but it finally gave way and dropped straight into the next demand zone around $187.50. The FIB level is acting as support at the moment but we need to move away from this area or else we could see $175. EMAs are still moving lower trying to catch up to price so some consolidating might occur here but we can't...
Ethereum is looking very bad after breaking below the triangle support yesterday and continues to look weak on every bounce. We fell down to support and we must hold this level or else we could revisit the lows once more causing even more panic!
We must wait and see what happens in the next few hours and how the daily candle closes.
Ethereum bulls have carved out a nice chunk from bear sell walls BUT the previous cloud resistance still remains top dog! We would need to see a break and close above that zone to have confidence that bulls are in control.
Check chart annotations for more info!
Ethereum 1.08% continues to look very weak but a glimmer of hope was seen yesterday after price was able to break from resistance and is now trending above one of the EMAs. We must break from the $227-$228 area in order to give another attempt at the big $240 supply zone.
Check out the chart for annotation!
#Ethereum # Bitcoin # Litecoin #crypto
Hello to all watching my charts
Today we have ssen a big trendchange in Ethereum
as in other crypto currenzys also.
But Ethereum has shown us a chart the last time and weeks
which shwos much more wekness than Bitocin so the fall here in Ethereum
is here more dramatic.
Also my longtime charting system BLUE LINES is...
Ethereum has broken through 198 causing us to long in the last trade, hitting our first target on Bitmex.
Currently price looks weak so we may have a short entry below 214.7. If price breaks a certain area, it signifies strength and triggers a long.
Thanks for viewing! Please view my past...
Ethereum finds itself at the beginning of a death cross, what this means is that if BTC decides to keep going down further (which it will) Ethereum will go down harder and stay under the 50MA for most of the times with maybe a spike above it once in a while. I guess that most high performing alts will try to stage a double bottom which will put Ethereum around the...
#Ethereum #Bitcoin #Litecoin #Crypto
Hello to all watching my charts.
Similar to other crypto ETHUSD Ethereum tries to find a bottoom now ,
but here the chart has been really damaged for long.
2 Big suppport aereas have been hit from ETHUSD at the range 275 - 277
and next stop down is 262.
What i also want to mention negativ is
that at the moment i write...
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 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...