ETH-USD on the road to $400After the breakout of the double support, static at $600 and dynamic with the 200-day Simple Moving Average, ETH-USD is heading toward the next important support at $400. Today high volume, at 10am (GMT) 151K, the 10-day moving average is 159K and yesterday's volume was 141K.
ETH-USD
Is Opportunity Here? - ETHEREUM AnalysisThe ETHUSD market was being ‘quit’ recently. Sellers and buyers are not committed themselves to control the price. However, there could be an opportunity for long. The market is close to the structure low that is mini support at 680 area. The price respected that level few times and it is more likely it will do it again. The second structure low is at 660, which acts as support as well. The more conservative approach will be to wait the price to be bounced back at these key areas and then open the position.
ETHUSD - Moment of TRUTH! Will it go UP or DOWN!?Moment of truth for ETHUSD - from my TA, it seems there are two possible directions for ETHUSD. It is either going to follow the uptrend channel OR it may fail and seller may push it downtrend.
Some key notes:
- RSI is neutral
- Volume is there
- MACD is ready for putrend
- STochRSI is ready for uptrend
With that said, we have been faked out plenty of times in the past week. I will be watching this closely to make a trade decision.
What to do - Sell or Buy ETHEREUM (ETH)?!The Ethereum market moves sideways today. There is a clear triangle formation that creates a good trading setup. There are two possible scenarios that may develop. First, the price is at the structure (red box) that acts as mini support. The price may bounce back and go up as we saw the market was bounced everytime it touched that zone. The second scenario is the breakout. If the price breaks this trendline (dynamic support), it is more likely the price will go down and will be selling opportunity.
Quo vadis ETH / EtherEther relies on its smartcontract / ERC20 capabilities to justify its place among the top 3 cryptos. It is less a currency than more a technology token. Technology however is poised to improve fast where the latest hottest tech tends to replace the former leaders fast and furious.
Anyone remember search giant Altavista? Does anyone still use Yahoo to search? Nokia? Motorola? Blackberry? Palm? Once tech leaders now fallen angels.
Carefully watch the next smart contract contenders.
Neutral.
ETHUSD: Potential Bat Pattern - ETHEREUM H1The ETHUSD price didn’t move much last few hours. Also, it is weekend and no strong momentum expected at those times. There is a structure high at $770 area, which acts as resistance level. If the price go close to that level then, it is expected that new sellers step in and price bounce back. Moreover, there is a potential bat pattern formations, that increases the probability of this trade.
T1- 38.2%
T2 – 61.8%
ETHUSD: Ethereum Bat Pattern | Harmonic TradingAs many other cryptocurrencies, ETHUSD experienced significant fall as well. There are strong bearish bar on H4 ETHUSD chart and it getting close to previous structure low at 556. These sellers are going to lock their profits sometime soon and new buyers are going to step in as well. The best key area seems to be that structure low.
Moreover, the price forming Bat pattern, which provides exact guidance for entry and exit. It is getting close to entry point of 88% Fibonacci retracement and it could be a good opportunity to go long.
T1- 38.2%
T2 – 61.8%
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V2:T1_XMRETH_Long_UPTREND!Very interesting trade. Curious to see how it plays out. Daily and 2 hour chart shown.
Entry targets and stop levels shown on chart.
If you found this analysis useful or thoughtful Likes/Comments/Follows are much appreciated!
Disclaimer: Different data shown. |V1-T1 = Volume 1-Trade 1| Material is educational only. Trade at your own risk!
Why ETH will be 1000$ soon?ETH has broken downlink canal.The resistance of $ 880 (0.382 Fibo) does not allow the coin to rise higher. The coin does not have the necessary volumes. That should change soon. Below the falls , as miners don't sell below 800$. Who wanted to take the ETN now , you can safely buy it. Personally, I'll take a break level 880$ and higher. The coin will then start trading in the new channel and will come to$1000. In the area of 970 and 900 will put sell orders. Successful selling - the reentry 900 - 935.
ETH/USD Daily. Identical Uptrend SignalExpecting ETH to reach 1400s in April. Im not a fan of long-term investments but this one seemed so perfect, I had to share it. Completely identical movement in log scale. The price level is positioned between MA 50 and EMA 144 just as in the period leading up to the previous breakout.
Etherium has dropped perfectly to our major support!Etherium has dropped strongly after breaking our major resistance level and is now right on our major support level at 778 .62 which is a fibonacci retracement, extension, overlap support and has bullish divergence level.
Our next major level of resistance is at 907.45 which is similarly a fibonacci retracement, extension and overlap resistance level.
It is worth noting how stochastic has bounced off our 6.5% level multiple times and we could be seeing another such bounce line up.
Etherium being squeezed, watch for a potential bearish breakout!Etherium is currently being squeezed against major resistance at 987 due to our ascending support line pushing it up bit by bit. We can see major resistance at 987 (Fibonacci retracement, Fibonacci extension, horizontal overlap resistance) and a strong reaction could occur at that level to push price down towards 781 support (Fibonacci retracement, horizontal swing low support). We do have to keep an eye on our ascending support line as only a break of that support line could signal a bearish acceleration in price.
Stochastic (34,5,3) is seeing major resistance at 98% where a corresponding reaction could occur.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
Game Of Thrones - KING Back To Base Land - Hello queen5 waves to correct large bubbles
Quad correction can not work for Bitcoin
At the moment you see this map, the market is red
There is a blood bath and you are seeing a lot of money losing
But it was quite natural for me
This story is not over!
Investors no longer trust Bitcoin
Jade's coins will soon be replaced by Bitcoin
But this is not the end of Bitcoin
It will soon be replaced
Hello queen
Queen