TLDR: ETHUSD Bearish on all levels. Simple support and resistance and SMAs on the main chart, Ichimoku, OBV EMAs and MFI on our second chart deeper in for those interested. If you want more doom and gloom see the linked BTCUSD chart. IF you want something bullish see my linked silver and gold posts.
Two moving averages of interest are shown using the...
Hello Ladies and Gentlemen - I am publishing an idea on what the price of ETHER is going to be in the near future in terms of probabilities. What we are witnessing now is a bearish Ethereum market - we've seen enough of weird stuff going on with the price of Ethereum since the price chart of it stopped bearing much resemblance from what the shape of the Bitcoin...
Just an hour after my detailed ETH analysis it throws me off with a bullish candle! Early days though and low tf, not enough to change my mind yet.
Here's what I posted on telegram earlier...
#ETH #UPDATE - I decided to look again at the bigger picture.
We are just holding the break in daily market structure from last year. Only...
we live baby. we live. $205 is the goal.
break and retest of countertrend line.
break of consolidation with a simple retest of our zone.
61.8% retrace with a shooting star engulfing stick.
confluence is everything.
our chances of continuing the sell is far less than this right here. lets take our chances.
The Perfect Butterfly pattern is defined by a B point retracement of an exact 78.6% of the XA leg. Another distinctive aspect of the Perfect
Butterfly structure is a precise 1.618 BC leg that complements the completion of the 1.27 XA leg.
PRZ (Price Reversal Zone):
1.27 AB @ 168.
1.618 BC @ 168
1.27 XA @ 165
The price may test 165 or may turn at 168. So it is...
Current outlook is still bearish until bulls show some real signs of life(most likely at support around 162USD. I wouldn't be buying until price gets to that region. Using Bitmex's chart only cause Bybit's only goes as far as early this year. I only margin=trade on Bybit now and if you wish to make the switch for less slippages and to avoid system overloads, you...
ETH price is tightening in a downward motion. We are now at a very strong uptrend support line whereby a breakdown could lead us to 141-167 area.
If this is a bullish pennant, then the upward breakout will be massive.
Forecast Timing Chart of 10 days in the future
1. Recommended Positions
2. Price target within 10 days in the future
Stock price: 177.30 ~ 178.49
% Change: -8.66% ~ -8.04%
3. Investing section
=> In Rising section of high profit & low risk
4. Supply-Demand(S&D) strength...
Ethereum in Its First Big Bear Market Like Bitcoin in 2015, Analyst SaysNEWS
Cryptocurrency investor and Placeholder partner Chris Burniske has argued that Ether (ETH) is enduring its first mainstream bear market, just as Bitcoin (BTC) did back in 2014-15.
In a tweet posted on Aug. 20, Burniske noted that in retrospect, 2014-15 revealed itself as having been the...