ETHUSD is approaching our first resistance at 175.50 (horizontal overlap resistance, 61.8% Fibonacci extension, 61.8% Fibonacci retracement) where a strong drop might occur to our major support at 156.75 (horizontal swing low support, 50% Fibonacci retracement).
Stochastic is also approaching resistance where we might see a corresponding drop in price.
Here we have ETHUSD 1D chart.
As I published an idea about ETH published on November 2018 kindly check it before reading this update here below:
As you see we talked about bottom near 65:80$ and we hit that level last few months, So where are we now ?
Basically we are in...
I have been a trader for 13 years and I have traded thru the financial crisis . I have been around the block , I have gained and earned lots of experience while constantly learning from the best traders in the world.
Every now and then I still find some mind blowing stuff in the markets .
Newer traders struggle to find real edge in the markets...
The uptrend line gets steeper and steeper,
Shows that the bulls can continue to release.
Buy Now or Buy Limit at 168
Show U The Money!
Eth doing same movement again its hit big resistance The blue line is our resistance so if we close above this resistance we might be gonna down again like our other fractal we still not closed but we check to chart .What does expect us if we close candle above the resistance line. Than we can say clearly we can go 180$ area So wait confirmation for short...
The main altcoin synchronously with Bitcoin at night showed positive dynamics, as the asset increased by more than 3%. The ETH/USD pair pushed away from the support of the 200th EMA at the level of $155 and rapidly soared above the fast 50th EMA at the area of $165.
One more resistance area is located at $174, the break of which will push the asset closer to a...
Keep a close eye on this one folks...we can see that we could have an official goldencross on ETHUSD as early as tomorrow and it just so happens to align with the price action currently peeking its head above the adam and eve patterns neckline....we can see stochrsi is perfectly positioned here for a bullish move as well...of course we need to see a big bullish...
Entonnoir : D/H4/M30 (intraday)
Je vous avais dit qu'il y'avait encore de la place pour une 3ème impulsion.
Le CCI étant déjà en exagération sur le M30 et le H4, je viens de TP 100% de ma position tout en haut de cette vague, au niveau de la zone de S/R car je pense qu'on ira difficilement plus haut pour le moment.
Funnel : D/H4/M30...
This is just technical analysis. Do not follow this trade blindly!
Hi fellow traders!
ETHUSD is currently 3.19% up from yesterday in terms of market price, seeing a surge over the past 24 hours.
So, is it now time for a pullback, or to try and break through all-time highs?
Personally, looking at ETH from a technical stance, it is currently in a parallel channel,...
Entonnoir : D/H4/M30 (intraday)
J'ai repris un trade sur cette sortie de compression M30 (rose) qui équivaut à une 4ème impulsion H4.
SL très serré à 169.55 en-dessous de la compression M30. Je vais sortir sur un ralentissement M5 très rapidement si ça tourne au vinaigre car ceci reste un trade très risqué.
Funnel : D/H4/M30 (intraday)
Ethereum has consolidated above the Ascending Triangle breakout in early April, which is important when trying to reverse a bearish Macro trend. Old resistance should become new support, and that's exactly what happened.
I'm expecting Ethereum to break out of the first channel above the Ascending Triangle I talked about previously by the end of this weekend,...
Ethereum broke out of the ascending triangle with volume. Then retraced to test former resistance as support. The support held confirming that Ethereum will continue its bullish trend up. The RSI trend line held as well. Measuring out the ascending triangle gets a take profit point around $245. This will probably be the top of the 3rd wave. The 5th wave up will...