ETHUSD - $250 level still resistRejected off $250 level and currently heading to test $220 support I think. Nothing changes, still in range $220 - 250.
If the price break 220 support, then it most likely expects a fall to $200. Won't long there because I think there're big chances that it won't hold for the second time.
Plan to short retest the expected breakout or long first test of the $200 level.
Hit the "LIKE" button and follow to support, thank you.
Information is just for educational purposes, never financial advice. Always do your own research.
Ethanalysis
ETH - Do not expect much of the weekend.
Yesterday afternoon it started off fantastically giving a buy signal as it bounced off the pitchfork line support rising from the 0.382 level to the current 0.618.
What can we expect?
Here a very short view
Marked in red a possible return to lower levels. Above we have the exit of the descending triangle and the next level .786 reaching level 1 just coinciding with a return to the pitchfork channel.
... Or not, anything can really happen, right now as I write these lines the price breaks down the line that I had been maintaining for a few hours. From 208 to 206.75. RSI is oversold.
Bless!
ETh Touch the SUpport Line as i said , we just need to touch the support line for break the resistance line
for now it looks that the support line has been broken!
but the rsi and macd at 1htime frame , showing the buy zone
so it seems that we need to do some risk at this moment
buy at 190USD and set stop for 185 ( bcz the 185 is the strong support)
i think after the halving we see a hammer and shoot us for the +200
GUys its just my idea
so be carefull
THnx
It seems to need a break UPDATEETH is showing positive signs above $ 202 and $ 200 support, and is likely to be close to $ 220 and $ 225 in the near future.
ETH has good sales at $ 202 and $ 200 support. The price is currently trying to break the upward trend above $ 207 and the average 100-hour simple move.
There is a downtrend with the resistance at around $ 207, which seems to be falling sharply above $ 207 and $ 210.
ETH prices could rise sharply
In the past few days, ETH has risen above $ 200 and has risen to a critical and sensitive $ 210, trying to continue above $ 212, and is expected to be close to $ 212. There is now a break below the $ 210 level and an average 100-hour fast move.
Today, Bulls defended a key $ 202 support area. ETH also gained support from $ 195 to $ 212 near an upward movement.
ETH is currently on the rise, testing the $ 207 resistance. If the ETH rises above the $ 207 and $ 210 resistance levels, Bulls are likely to take full control.
The immediate and strong resistance is near the $ 212 level, above which the Bulls are likely to test the $ 220 level. Any further gains could open the door for a $ 225 move or a $ 230 resistance zone in the short term.
ETH can also be downgraded if it tries to move above $ 210 or $ 212. Initial support is close to the $ 205 level, and the first major support is near $ 202 and $ 200.
In order to predict the pessimism of ETH , we can consider the downward trend near $ 195, which if the price goes down to $ 195, there is a possibility of further reduction to the support level of $ 182 and $ 180.
Compared to yesterday, ETH is trading at around $ 207, with a one percent drop in price, and is in the red.
ETH analysis on hourly chart [Long or Short]ETH is now on a resistance level (176-180) and sellers are trying to sell at this level. We can wait for some solid rejection and get onto short position with stop at high and targets for the short will be around 150$(strong demand zone), our support.
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ETHUSDt signal, local movement(SHORT)Everything on the chart.
open pos: market
Stop: 179$
take profit: area 164-161$
Risk 1 to 4.5
Hello everyone, almost year ago i have lost my deposit(almost 8btc and i'm still broke w/o deposit and job,I can’t do my favorite thing,It's just free ideas for you) and now i'm trying to get back to the market. If i help you to earn some money i will RLY VERYVERY THANKFULL for your donate(PM to me). Also open to your suggestions(PM).
Eth local scenario (LONG)Everything on the chart.
the green scenario is relevant, locally we are moving in the channel, 2 areas for profit taking, if this is a corrective movement and we dont breking the trend line in the area of 184$, we will most likely continue to fall, if we've breaking, an impulse will be formed in the area of 200, we completely fix the position and wait the correction.
Hello everyone, almost year ago i have lost my deposit(almost 8btc and i'm still broke w/o deposit and job,I can’t do my favorite thing.) and now i'm trying to get back to the market. If i help you to earn some money i will RLY VERYVERY THANKFULL for your donate. Also open to your suggestions.
ETH 200% PROBABILITY ! 550$Traders,
Here we have ETHUSD 1D chart.
Fundamentally ETH have 2.00 phase next Jan 2020.
Technically we have many things to say about ETH:
1- The last Fib level that we reached last rally was 3.618 non broken, but this rally made us a new top to have weekly triangle with ratio 0.618 with high probability to be tested as its point of control on VP.
2- Last Rally in wave analysis was wave 1 and we had wave 2 correction now we will have wave 3 after this breakout wave 3 will higher high the previous one
3- Five TPs to have 5 movements towards the heaviest VOL
Like if you appreciate this
Regards,
Mohsen
Don't miss the great buy opportunity in ETHUSDTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (146.85). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. Ethereum/US Dollar is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 65.
. The RSI downtrend #1 is broken, so the probability of beginning of uptrend is increased.
Take Profits:
TP1= @ 163.30
TP2= @ 191.75
TP3= @ 223.20
SL= Break below S2
ETH hits first target area, more downside to $85! ETH just hit our first target area after nearly 20 days falling from the $156 retrace area down to $122 and then some. From here if we follow market structure price can retrace into the $138-140 area before breaking through $122 and into our target area of $85. Price could theoretically move up to the $150 level where the impulse started but that is unlikely if the market structure trend should continue.
Right at support at $122 some strong buy volume came out which is a little concerning but overall the downtrend looks to hold well.
Don't miss the great buy opportunity in ETHUSDTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (147.35). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. ETHUSD is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 38.
Take Profits:
TP1= @ 168.00
TP2= @ 191.75
TP3= @ 224.15
SL= Break below S2
Ethereum price overview (waves) 11.10.2019Hi, crypto investors :)
As part of the current structure of the price of Ethereum, our fund is considering the possible start of a bull rally, which we was written about earlier.
We recommend considering to buy from the level prices of 180,177,174 (with a stop loss at 168) with the expectation of holding the position until the end of 2020.
If the local bullish growth cycle starts successfully in the wave C (Minor), we recommend using any local price correction for purchase ETH.
Ethereum Forecasting a Bullish trendEthereum has gone up against a scene of mix today as the gathered crypto markets continue trying to make sense of which heading they will move straight away, and it is especially conceivable that in the nearby term most major altcoins like ETH will eagerly pursue Bitcoin's worth action. Examiners are at present observing that Ethereum may a little while later achieve essential upwards power, yet this believability requires that its bulls bolster its cost going before its day by sunshine close later today.
Ethereum Surges Towards $180 as Bitcoin Consolidates. At the hour of making, Ethereum is trading down vaguely at its present expense of $177.80, which indicates a slight rising from its ordinary lows of $174 that were set medium-term. Ethereum is by and by trading on a very basic level off of its continuous highs of over $220 that were set in mid-September, regardless of the way that it is similarly fundamental to observe that it has recovered from its progressing lows of under $160 that were set all the while with Bitcoin's drop to $7,800.
News Source : TheCoinRepublic
Ethereum price overview (waves) 02.10.2019Hello, friends!
At the request of our investors, we are launching the rubric "Ethereum price overview (waves)".
As part of the current situation, our fund expects a rally of bulls for Ethereum.
We recommend to consider buying in the range of 150-120. Stop Loss - 100.
The target level to get profit - 700.
ETHBTC Analysis 08/06/19Ethereum keeps struggling against the Bitcoin with no sign of any attempt by the buyers that would lead us to expect some relief in the near-term. The pair keeps diving toward new year lows, for now sitting at 0.019 BTC.
Sellers are fully in control as they have since the beginning of the year. Ethereum is strongly suffering from Bitcoin's dominance that keeps rising.
Stochastic is showing some bullish divergence with current price trend but as this isn't backed by volume, we could see the stochastic oscillator crossing back below the oversold line.
There is still no sign of any reversal and we expect rebounds to be sold in the near term.
Raphaël Comte
Investment Analyst at Token Metrics
Disclosure: Token Metrics is a regular publication of information, analysis and commentary and does not provide individually tailored investment advice. Its principal has advised and invested in many blockchain companies. A complete list of his disclosures, advisory roles and current holdings can be viewed here: ianbalina.com .