ETH-USD
ETHUSD approaching resistance, potential drop!ETHUSD is approaching our first resistance at 118.61 (horizontal overlap resistance, 50%, 23.6% fibonacci retracement ) where a strong drop might occur below this level pushing price down to our major support at 102.95 (horizontal overlap support, 61.8% fibonacci extension , 76.4% Fibonacci retracement ).
Stochastic (34,5,3) is also approaching resistance and we might see a corresponding drop in price.
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ETHUSD approaching resistance, potential drop! ETHUSD is approaching our first resistance at 118.61 (horizontal swing high resistance, 23.6%, 50% Fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 102.95 (horizontal swing low support, 61.8% Fibonacci extension, 61.8% Fibonacci retracement).
Stochastic (34,5,3) is also approaching resistance where we might see a corresponding drop in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
ETHUSD approaching support, potential bounce! ETHUSD is approaching our first support at 102.04 (61.8% Fibonacci extension, 76.4% Fibonacci retracement, horizontal overlap support) where a strong bounce might occur above this level pushing price up to our major resistance at 118.61 (horizontal swing high resistance, 23.6%, 50% Fibonacci retracement).
Stochastic (34,5,3) is also approaching support where we might see a corresponding bounce in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
ETHUSD approaching support, potential bounce!ETHUSD is approaching our first support at 116.12 (horizontal swing low support, 61.8% Fibonacci retracement) where a strong bounce might occur above this level pushing price up to our major resistance at 135.07 (horizontal overlap resistance, 50% Fibonacci retracement).
RSI (21) is also approaching support where we might see a corresponding bounce in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
ETHUSD testing support, potential bounce!ETHUSD is testing our first support at 115.46 (horizontal swing low support, 61.8% Fibonacci retracement, 100% Fibonacci extension ) where a potential bounce might occur pushing price up to our major resistance at 146.94 (61.8% Fibonacci retracement).
Stochastic (34, 5, 3) is testing our support where we might see a bounce in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
ETHUSD approaching support, potential bounce!ETHUSD is approaching our first support at 115.87 (horizontal swing low support, 61.8% Fibonacci retracement, 100% Fibonacci extension) where a potential bounce might occur pushing price up to our major resistance at 141.54 (50% Fibonacci retracement).
Stochastic (55, 5, 3) is approaching support where we might see a potential bounce in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
ETHUSD in beutiful uptrend awaiting next moveETHUSD is in beutiful uptrend. Its awesome structure for every trader, who trades in similiar way to me.
ETH is in huge uptrend and now its ranging in the box on the edge of counter trendline.
There are two ways. Break the trendline, box and structure support with downside movement
or Bounce back and break upside side of box for next bullish continuation.
ETH is also from fundamental site preparing a lot for improving this cryptocurrency, so hopefuly it will rocket up this pair.
I'm staying neutral for now on this crypto... Will update soon.
Trade carefuly
ETHUSD reversed off resistance, potential for further drop!ETHUSD reversed off our first resistance at 166.02 (61.8% Fibonacci extension, 50% Fibonacci retracement , Horizontal overlap resistance) where a further drop might occur pushing price down to our major support at 142.85 (61.8% Fibonacci extension , 38.2% Fibonacci retracement , horizontal pullback support).
Stochastic (89, 5, 3) reversed off resistance at 92%, where we might see a further drop in price.
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Losses can exceed the initial investment so please ensure you fully understand the risks.
DON'T FORGET THE BASICS! ETH might start a new downtrend.What's coin on guys?
I'll just leave this chart here for you. As you can see there is a lot of significant resistance in this area. It will need a lot of volume for ETH to break this point. I personally think correction is on the way, bur anything can happen if volume kicks in... Anyway this is NOT a smart place to BUY!
ETHUSD testing resistance, potential reversal!ETHUSD is testing our first resistance at 166.02 (61.8% Fibonacci extension, 50% Fibonacci retracement, Horizontal overlap resistance) where a potential reversal might occur pushing price down to our major support at 142.85 (61.8% Fibonacci extension, 38.2% Fibonacci retracement, horizontal pullback support).
Stochastic (89, 5, 3) is testing resistance at 92%, where we might see a potential drop in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
ETH/USD with Constantinople Taken in to AccountCan'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 will be a breakout uptrend.
Constantinople
May cause a new level of support if it break the trend.
May cause more rapid sell-offs if there is a quick downtrend, some will have been buying for a while and take profit or panic sell.
May be a complete anticlimax, or the forks may even devalue and dilute Ethereum market cap
May cause amazing breakout against the trend as per the arrow above
ETHUSD approaching support, potential bounce!ETHUSD is approaching our first support at 135.22 (horizontal swing low support, 61.8% Fibonacci retracement, 61.8% Fibonacci extension) where a strong bounce might occur pushing price up to our major resistance at 163.96 (horizontal swing high resistance).
Stochastic (55,5,3) is also approaching our support where we might see a corresponding bounce in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
ETHUSD bounced off support, potential for a further rise!ETHUSD bounced off support at 117.2 (horizontal swing low support, 78.6% Fibonacci retracement , 100% Fibonacci extension ) where a further rise might occur pushing price up to our major resistance at 161.8 (horizontal swing high resistance, 61.8% fibonacci extension , 50% fibonacci retracement ).
RSI (55) bounced off our support where we might see a further rise in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.