SlicerTrading

SlicerTrading Updated 

ETH/USD and BTC/USD are currently inside similar channels on the 1 day chart, almost freefalling down the channel at times. The edges of the channel have been prime shorting zones for approximately the past 6 months, the Fibonacci lines been good to take profits & reset the trade. Ethereum could be back at the 10% of Bitcoin mark in this case. If these parallel...

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Simple chart with price targets Unless we see a sustained bullish move, ETH will likely remain in this channel until a bullish move invalidates this chart. At the current movements it looks like in the $30's by March 2019. Yellow - Trendlines Green - Fibonacci

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I think ETH is ready to head down in the immediate term (next 4-12 hours). Please excuse the rough drawing, communicating what I see on the indicators. Signal/MACD crossover has been key the last two big moves, we're close to another bearish crossover. We're in a descending triangle like before Volume is in the same pattern Shorts look to be making a...

SlicerTrading Updated 

It's getting real! Bulls vs Bears special. Please join in and let me know what you think, $190 or $80? comment below! Let's discuss. With Constantinople day upon us, I saw two possible scenarios here. This can also be a useful chart to keep or bookmark as it labels the current key resistance and support zones and corresponding fib. levels with prices. If we...

SlicerTrading Updated 

Looking for a confirmation on a short play on the 4hr ETH/USD chart. For confirmation we need a short term uptrend from now to 15 Jan to validate this short play (At least $5+ in price action terms - depending on your exchange). I would ladder shorts very widely (with the hype train in mind) all the way up from $129.50-$146 and set a stop at the $147-$150 range,...

SlicerTrading Updated 

For only the 3rd time since December 16 2018, a bullish divergence cross of the signal (in green) below the MACD - may happen. Marked on the charts is the starting price on the cross over for the last two times, along with a purple line on the MACD when the past two crossovers occurred. The past two times, ETH has risen by at least $10 in the immediate term &...

SlicerTrading Updated 

I believe Ethereum may be heading for another shot at resistance in the short term(next 6-8 hours). MACD & Histogram ready to trend up RSI Getting ready to bounce up Volume trending upwards

SlicerTrading Updated 

The Fibonacci diagonal fits perfectly with the ascending triangle - beautiful. Short term long, but scalping really. I believe it will break upwards of the triangle closer to the point, but I'm not sure, I will stay out when it comes closer. Wanted to share the triangle mostly!

SlicerTrading Updated 

Based on the trendline on my other Constantinople chart: Things have become short term bullish looking and an ascending triangle formed since 28 December breaks the downwards trendline since August 2018. All ETH needs to do is continue on the same path to break the pink downward trendline. Other reasons this looks short term bullish for a breakout: MACD...

SlicerTrading Updated 

Can't wait to see how this plays out. Reasons why I think these are the scenarios: ETH/USD is in a clear cut bearish downtrend but there is three hard forks including the Constantinople upgrade of the Etherium blockchain. Notes ETH failed the break the trendline again and bulls look a little exhausted. There is currently nothing to show in the TA there...

SlicerTrading Updated 

The 1 hour chart version of my 2 hour chart for ETH/USD bearish scenario. Elliott Wave & Fibonacci. Ethereum repeatedly failing to break the 0.768 line on the fib and looks to break down to lower levels, exactly as it did a few days earlier. Note: I wanted to see how the 1 hour & 2 hour both play out and which will be more accurate. Slightly different...

SlicerTrading Updated 

Have to see how this plays out but ETH/USD on the 2 hour chart looks to be a carbon copy of itself before the last retrace happened. The Constantinople hard fork of Ethereum on Jan 16th may disrupt this - or maybe this is the last drop before that. Overall the market is still bearish and shorting is the safest move currently.