ETH/USD Possibly forming a big head and shoulders patternETH/USD Possibly forming a big head and shoulders pattern with some divergences on 4hr timeframe. Risky to long without confirmations at the moment but can be a good long setup forming here.
ETH-USD
ETH/USD Bearish outlook on the hourlyLike with with ETH/EUR pair, We are seeing rising wedge formations. When these wedges break I am seeing high a probability for more downward movement. The Oscillators based on most recent trends are indicating the right type of momentum buildup for another downturn in Mays market conditions.
On a side note ETH had a huge fall some hours ago that was nothing short of parabolic. We say a very powerful downward movement, within literally seconds we saw the floor become the ceiling. If this move was some how synthetic, the near future might contain unexpected surprises, so my stop losses are strategically placed.
Good Hunting.
ETHUSD - SETUP - WEEKLY CONTINUATION - 28 MAYWELCOME TO DACAPITAL TRADING!!
ETHUSD just started moving as expected, quick Timeframe breakdown for free and everybody.
4 HOUR
Strong H4 Breakdown below previous week price action low
DAILY
Very bearish price movement last couple of days forming several lows
WEEKLY
We now have 4 highly bearish candles in a row following this movement..
LEVELS
SHORT @ 532.23
SL @ 577.88
TP1 @ 487.30
TP2 @ 463.39
TP3 @ 441.80
Weekly trend continuation, move SL to BE if TP1 hit and close partial Profits at every TP Level.!
Enjoy our limited Free Content and Setups,
leave us a like and Comment!!
DACAPITAL TRADING
ETH / USD - Pinball Until Big Money Pours In (WHICH IT IS)Crypto is becoming more and more mainstream! The SEC basically just gave a warning about buying into ICOs. No regulation whatsoever still! I don't see it coming for a few years. Wallstreet is buying in too!
I see ETH bouncing around until the big money funnels in.
Get ready for some cash.
Eth short target i think will be as followingHi All
this is a quick and short update for Ethereum from my point of view, I think we have good chance to get some money for the short run but in the same time don't forget to watch out Bitcoin because if it start to go down then also Ethereum will be.
set your STOP LOSS if the price breaking down the channel and stable under it.
Targets Will be as Following:
T1: 722
T2: 735
It could complete till 762 and i hope it can but for now i think T1 and T2 we can achieve it but again watch out BTC ;)
Best of Luck.
Crypto Stars.
Please don't forget to press Agree and leave comment, I'll appropriate that a lot.
ETH//USD// AFTER SEC//bullish patterns BATeth versus USD is doing elliot correction + BAT pattern correction
after SEC // ETH you can go a very long bullish trend
Short term bullish. Don't miss this throwbackNext target ~770USD.
Also, watch out for the red resistance line ;)
ETHUSD - Looking for some sideway actionETH bull run looks like it needs to cool down a bit. I would not close any long positions until I see breach of Alligator mid-line, however I would not add any new position until the resistance in red box is cleared.
ETHUSD held up by ascending support line!
ETHUSD bounced off its ascending support at 712.54 (76.5%, 61.8%, 61.8%, 50% Fibonacci retracement, horizontal overlap support) where price could potentially rise further to its resistance at 803.44 (76.4% Fibonacci retracement, 100% Fibonacci extension, horizontal overlap resistance).
Stochastic (89, 5, 3) made a corresponding bounce off its support and has a lot of upside potential.
Ethereum head and shoulders !hello my idea shows that eth can continue the head and shoulders wave , lets see if will happen or no, lets watch carefully
Ethereum head and shoulders !!Hello, MY idea shows that eth is making head and shoulders , so you can follow this plan to be careful
ETHEREUM - Structure TradingThe Ethereum broke the structure and the previous resistance became the support level. The price respected that area multiple times and it is expected that it will do again. The big orders are usually placed at the key levels. Thus, the buying positions are assumed to be at the support.
ETHUSD broke out of resistance, further potential rise! ETHUSD is testing our resistance-turned-support at 739.87 (horizontal overlap support) and a strong bounce might occur above this level, pushing price up to our major resistance at 807.35 (horizontal overlap resistance, 78.6% Fibonacci retracement, 61.8% Fibonacci extension). Ichimoku cloud is also showing signs of bullish pressure in line with our bullish bias.
RSI (34) is also testing our resistance and a breakout above this level might be a good precursor for a potential rise in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
Alexis Ohanian: ETH goes to $15k in 2018. Current Price $750Reddit Co-founder Alexis Ohanian has forecasted ETH/USD to reach a high of $15k usd by the end of this year. According to this chart we can expect some congestion through most of 2018 on our way to new highs. This may be a result of institutional money continuing to flow into the market continuing to push the entire market in the direction of widespread user adoption in both the established financial world and the new and growing ecosystem of developer, businesses and miners. Crypto as a whole has never looked brighter. However, It is hard for me to value ETH. I don't know what the demand curve for a smart contract platform looks like near/mid/long term.
My continued recommendations are for PoW based coins that model Gold, specifically Monero as it has achieved - as far as my research indicates -the holy grail of digital money: Strong Fungibility. It's easy to see that demand for this hard type of money will always be of value as economies and populations grow and the transparency of the Bitcoin blockchain becomes an issue for business that do not want their money flows analyzed past, present and future.
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To possible paths (pink,yellow) to get us to $15k.
YoYo / BTC Possible Good Entry? 5/2/2018I'm fresh to Technical Analysis about 4 months in, I would like feedback to better my knowledge, the good the bad and the ugly is acceptable :)
YoYo retraced 61% , in parallel channel possible a bull flag? Entered at 20500 sats but adding more position. Bullish indicators on MACD and RSI (Settings set 7) .
Lets see how this plays out and this is just education also to receive feedback. 5/2/2018.
-Always a Student
ETHEREUM (ETH) - Resistance and Gartley PatternThe Ethereum is going up last few hours and reaching the structure high, which acts as a main resistance level. The selling orders are expected to be placed there. Also, it is the best area for previous buyers to lock their profits. Moreover, the price formed a Gartley pattern, that increases the probability of this setup to go short.
T1 – 38.2%
T2 – 61.8%
A New Trading Opportunity to Buy. TP3 hit with 1892587 profit...ETHEREUM/DOLLAR
New trading suggestion:
The price is in an up trend and we forecast the uptrend would continue.
There is possibility of temporary retracement to suggested support line (527.285) , if so, traders can set orders based on Price Action and expect to reach short-term targets.
Midterm forecast:
While the level 527.285 is not broken, the Midterm wave will be uptrend.
Price may also reach 527.285, if price reaches this level, we may enter by Daily-Trading-Opportunities, this entry depends on personal strategies.
We will close our open trades, if the Midterm level 527.285 is broken.
Technical analysis:
Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
Relative strength index (RSI) is 58.
Total Profit: 1892587 pip
Closed trade(s): 398171 pip Profit
Open trade(s): 1494416 pip Profit
Trade Setup:
We opened 10 BUY trade(s) @ 420.243 based on 'Hammer' entry method at 04.11.2018. (we use SimpleFX.com standard charts as reference.)
Closed Profit:
TP1 @ 475.300 touched at 04.12.2018 with 55057 pip Profit.
TP2 @ 553.100 touched at 04.19.2018 with 132857 pip Profit.
TP3 @ 630.500 touched at 04.22.2018 with 210257 pip Profit.
55057 + 132857 + 210257 = 398171 pip
Open Profit:
Profit for one trade is 633.731(current price) - 420.243(open price) = 213488 pip
7 trade(s) still open, therefore total profit for open trade(s) is 213488 x 7 = 1494416 pip
Take Profits:
TP4= @ 729.300
TP5= @ 864.550
TP6= @ 970.450
TP7= @ 1151.600
TP8= @ 1229.700
TP9= @ 1415.950
TP10= Free
Ethereum - Bat Pattern FormationThere is a potential bat pattern formation for harmonic traders. The price is going up last few days and it is getting close to the 88.6% Fibonacci retracement, which is an entry level of this setup.
T1 – 38.2%
T2 – 61.8%
ETHEREUM Key Areas for Structure TradersThe Ethereum is going down last few hours and got close to the structure levels at 620 and 585. These are the major area to look at. There is strong volatility and it is better to wait the market to get stable and analyse the price action. If those support levels hold, then there will be opportunity to buy.
