ETHUSD is approaching our first support at 134.48 (horizontal overlap support, 38.2% Fibonacci retracement, 61.8% Fibonacci extension) where a strong bounce might occur below this level pushing price up to our major resistance at 166.99 (horizontal swing high resistance).
RSI (21) is also approaching support where we might see a corresponding rise in price....
Wow, i am a bit amazed to see how ETH' got pumped so much so fast. It reached the target of that inverse H&S within a day, which took 35 days to form. And look at the volume at Bitmex, it's almost 3 times the volume we had in Dec. This strong rally could be a sign for the bigger picture, but it will depend on the coming week or so.
Going to do a bigger picture...
Hi friends! Welcome to this update analysis on Ethereum! Let's get right to it! Looking at the daily chart, you can see that ETH is rallying higher, just as anticipated in the last analysis. In yesterday's analysis, I showed how price had just broken out above the downtrend channel. Since then, price has already rallied from 132.64 to 149.47, for a gain of nearly...
This price analysis was absolutely mandated after the extreme price action for Ethereum in recent days.
Thus, this price analysis will be taking a look at what’s happened to Ethereum over the past few days/weeks, and develop a forecast for future price action via technical and chart analysis.
The first thing that we must...
Yesterday we talked about Bitcoin and possible bullish signals. This time I would like to offer you a discussion for Ethereum. The market looks interesting from Technical and Fundamental points of view.
Ethereum Constantinople Hard Fork will be able to support the market and increase the demand for the coin. We should consider this fact when we think about...
Ether finally got its run, along with most of Crypto.
But last week LTC lead the charge running head of the pack.
This week was ETH turn to lead the charge and ran strong.
Fork dates are somewhat vague, but Feb 28th or so.
This fork will NOT result in free coins, at least not in theory.
But the upgrade is significant, and ties up coins to Prove Stake.
If we...
Hi there!
Here is an advanced analysis for ETH/USD based on technical indicators and chart patterns, PLUS a ready-to-use trading strategy and a set of trading signals.
The chart you’re looking at presents the patterns of linear trend channels that best fit the price data and, importantly, indicate the trend direction and price targets.
Keep reading this...
Hi all. Current short term rally could retest heavy resistance at 200 usd at it's best. But I have just looked at possible bottom for second largest cryptocurrency. If market will not be able hold prior lows at 85 USD, there will be (almost) no support until 15 USD.
-DP-
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
Bitcoin is moving, fantastic! I've been a bit busy because of school, but the past week has had some interesting turns in the crypto world.
First of all, we have seen explosions across the market as alts are following Bitcoin's recent movements. This is one of the reasons ETH/USD has been making some moves, let's hope Bitcoin can keep this up! Additionally, a few...
what change.
can you explain that?
notice the change in texture. 08 Fb '19 14:30 and it continued through 19 Feb 19 3:00, but with a stronger bid. . .
I like parabolas.
GettingAnotherMillion
Thanks for your LIKE!
Welcome.
Trade #2
-Short ETHUSD at market (~145.94 Bitstamp)
-Take profit: open
-Stop loss: secret (contact me to get it)
This website uses cookies to ensure you get the best experience on our website. To learn more about cookies, including how to control cookies, please read our Cookies Policy.
