Ethereum / Dollar

Rghtnow ETHUSD at fibonacci 50 support. 61.8 will be next Bearish destination at 187.27 Disclaimer : This analysis not include personal feeling/opinion, and pure base on technical analysis Trading foreign currencies can be a challenging and potentially profitable opportunity for investors. However, before deciding to participate in the Forex market, you should ...

Hey guys, after the EEA3 news was not able to break thru the selling pressure of ICOs, after some consolidation with occasional spikes in buying AND selling volume, we finally broke thru out the symmetrical-ish triangle. IF we break thru this orange line ($200 mental support), shorting games can be started. On the graph, I drew all major (and some minor) support ...

ETHUSD Update: Triangle is broken by weakness and minor supports taken out. The 183 to 163 support zone is the next area I will be looking for reversal patterns to buy back in. The 214 area support which is the .382 of the recent upswing has been compromised which indicates that the bullish momentum generated from the 136 low is not driving this market at the ...

ETHUSD Update: Bearish break of recent triangle muted by double bottom formation at 190 on the hourly time frame. This signifies strength, but there are new minor resistance levels ahead. Less than 1 week away from the August 1st hard fork in BTC. As we get closer to that date, I believe volume will taper off even further. Keep in mind the bigger picture is still ...

ELLIOT WAVES

I see the opportunity to sell ETHUSD it is going down maybe probably after retrace up a bit so that is when you have good risk and reward Trade with care If you like my work please help to follow and like

I think it is bearish, but not a short.

dead cats everywhere. don't be fooled. low retest on its way.

The bitcoin cash debate is dragging everything down, and ethereum has its own hacks to manage. This is probably a conservative estimate, and i expect lower prices still. symmetrical pennant broke down before touching the bottom to confirm, now on a heavy dump and testing resistance/fib levels. I will update as I see fit. Don'tcatch any knives yet.

Next couple of hours for ETHUSD

- ETH's valuation traveled too high and too fast. - Too many people believed prices go up and never down. - ETH's singed wings will return it to a healthy low. - If auspicious, ETH will hit its LOW as XBT takes off for a new HIGH. - ETH low = 100 - XBT high = 3650

We have seen very solid support at the ~$200 level and bullish consolidation over the past two days (ok, maybe a few exceptions today). I foresee a breakout towards the 235-240 mark in the next two or three days.

Will see if this rsi trend holds on 4HR

On 3 hour chart, drew 2 Fibonacci retracements. A larger scale for the bottom at 138, and a smaller scale for our most recent up. The shorter scale has broken 50% and 61.8% both, and now is testing 61.8 support turned resistance. On larger scale, 50% broke, but ETH now remains above. We must watch closesly. If ETH bounces from 200 level, might be good ...

Bull Trap, Bear market resuming, good short/sell at top of bear channel.

ETHUSD is still safe as long as it does not go below the yellow and blue support trend lines.

Could more downward movement follow or is ETH still in consolidation for a big move up?