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ETH-USD

ICX/BTC 400% HEALTHY MOONICX is working these FIBs like a charm, if we look at the FIBs in red on the chart we can clearly see a pattern. It reached the fantasy 4.236 FIB then retraced a bit lower than the .786 Retracement FIB. This market seems to do that, it retrace slightly LOWER than the .786 which is unusual but they've done it many times now so the unusual pattern is becoming the usual for the market. If you guys compare the red fib level (after it reached the 4.236 FIB you will CLEARLY see a very similar pattern to the current support/resistance level (0.0006671 - 0.0008479). This trend is also backed by 3 touches on the trend line (yellow bar). This is a VERY healthy chart to me. Buy zone: 0.00075 area First target: 0.00135 (you should exit here if you dont want to gamble and/or aren't an experienced trader) Second target: 0.00170 Possible fantasy target: 0.00223 A bit of Fundamental Analysis as well: ICX is only available on Binance and we all know what happens to coins when they are added on big platforms like Bittrex and Poloniex. Follow me on telegram if you want to be updated on this trade. Let me know what you guys think im the comment!
Long
by UnknownUnicorn2029062
3
ETHUSD: Possible Scenarios for projected BTC DipETH is showing positive signs for an upward trend, and is now in its 5th wave up. Context: BTC is in its 4th wave recovery, and may look to move down once it hits between 13.5 - 14.5 USD (have linked estimate below for BTCUSD). Interestingly, the projected dip for BTC is estimated around 31st Jan and coincides with ETH crossing possible resistance lines at S2. Considering previous reaction to BTC drop (shown by the long red drop), conservative estimate would be either a drop or stabilisation of ETH at S2, before either a strong move down to S3 or a slow recovery and move up to S1. S1 shows best case scenario, with minimal effect from BTC dip. Market Speculation: significant numbers hedged in Tether on the previous drop, but considering the current negative press around Tether, we could see people looking to hedge in ETH or other coins. This is speculatory, but could see value held in ETH which would sustain a hold at S2 or move to S1. Opinion not advice Comments welcome - 1B2rBfu9X4nms6EtuQWDQuNy87Jn9hYkJs for bitcoin donations if you find this helps, and want to spread the love!
BITFINEX:ETHUSD
by HODLBro
ETHUSD: Possible Scenarios for projected BTC DipETH is showing positive signs for an upward trend, and is now in its 5th wave up. Context: BTC is in its 4th wave recovery, and may look to move down once it hits between 13.5 - 14.5 USD (have linked estimate below for BTCUSD). Interestingly, the projected dip for BTC is estimated around 31st Jan and coincides with ETH crossing possible resistance lines at S2. Considering previous reaction to BTC drop (shown by the long red drop), conservative estimate would be either a drop or stabilisation of ETH at S2, before either a strong move down to S3 or a slow recovery and move up to S1. S1 shows best case scenario, with minimal effect from BTC dip. Market Speculation: significant numbers hedged in Tether on the previous drop, but considering the current negative press around Tether, we could see people looking to hedge in ETH or other coins. This is speculatory, but could see value held in ETH which would sustain a hold at S2 or move to S1. Opinion not advice Comments welcome - 1B2rBfu9X4nms6EtuQWDQuNy87Jn9hYkJs for bitcoin 3.69% 2.60% donations if you find this helps, and want to spread the love!
BITFINEX:ETHUSDLong
by HODLBro
Ethereum testing major resistance area!Ethereum is now testing our major resistance area at 717 to 748 (61.8% Fibonacci retracement, 61.8% Fibonacci extension, horizontal overlap resistance area, bearish price action) and a strong drop could occur at this level to push price to at least 583 support (Fibonacci retracement, horizontal swing low support). Our next major level of resistance is at 809 (Fibonacci retracement, horizontal breakout resistance level). Stochastic (34,5,3) is seeing strong resistance below 97% where a corresponding drop could occur. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
BITFINEX:ETHUSDShort
by Tickmill
2