ETHBTC EMASome perfect EMA touches, it seems to like this blue EMA.. Wouldn't be surprised if we saw another touch / retest
Ethbtclong
ETH/USD TA Update (Bullish Breakout?)ETH/USD
ETH pump over 18% and piercing through two key trend-line resistance.
The price is currently testing the old trend-line resistance to potentially turn into the new support area.
ETH is quite looking good after it passes through 50D MA last Jan 10 trading.
I'm currently bullish on ETH as long it can hold the 158 - 152 levels.
Target to the upside is 180 - 190 if bullish action will continue in the coming weeks.
ETH/USD TA Update (Bearish Picture?)ETH/USD
ETH is painting a bearish pattern or ascending channel which by TA it is not good. But to invalidate this bearish sign, ETH needs to hold immediate key support around 142 - 140 levels
and not break the upward green trend-line support. ETH requires to get above this key trend-line resistance at 150 levels or over 6-7% pump from the current price.
If Bitcoin breaks bullish in the next 24 - 48 hours. ETH will follow the King and ride higher too.
$ETH #ETHEREUM So it's getting interesting! #AltSeason2020
#ETHBTC is trying to move above the daily 8MA. So it's getting interesting!
I hate it when I have to provide alternative counts (last study) but that's just a part of EW. Either way, we had a truncated 5 which concluded the BEAR Cycle or this is just a subwave from wave 4.
Question is: Was this an ending diagonal? or truncated 5?
The bullish divergence on numerous timeframes signaled that a cycle was complete so here we are, $ETH is turning bullish.
First target is obviously R1 followed by the zone between 0.0205 and 0.021 (Box Blue)
There is no reason to become overconfidently bullish when I look at the weekly level. We're still below the 5 and 8 MA. However, the week isn't over yet!
I will update the weekly when we close above those MA's
$ETH #ETHEREUM #ETHBTC #CRYPTO
ETHBTC Dragonfly DojiIn the current downtrend, a dragonfly doji may signal a price rise is on its way. 'The long lower shadow suggests that there was aggressive selling during the period of the candle, but since the price closed near the open it shows that buyers were able to absorb the selling and push the price back up'
ETH/USD TA Update (More Upside Challenge?)ETH/USD
ETH broke the inside trend-line resistance around 135 levels and has the potential to retest the much bigger resistance line at 150 regions.
We can see buying volume in the past days and ETH finally started moving upward with the help of BTC moving up too.
EMA cross is likely to happen within the next day to give a signal of an immediate shift in short term momentum.
ETH is about to explode with a few weeks in time.
ETHBTC - Most bullish setup in Crypto!?Breakout : check
Re-test : check
confluence zones of clusters on fib scale : check
ready for take-off!?? =)
Possible Long Entry Cryptocurrency (ETHBTC) Update 04/01/2020Entry: 18177
Stop Loss: 17773
Target: 19790
Risk/reward ratio: 1:4
ETHBTC Bull FlagETHBTC is in the early stages of forming a bullflag, various other patterns can be seen including, a bullish descending scallop, a bearish triangle, a bullish symmetrical triangle, and a bullish rounded bottom. This bullflag may end up breaking the long term downward trendline.
ETH/BTC TA Update (Bounce at 0.786 Fib?)ETH/BTC
ETH found support at 0.786 Fib level and trading history from Aug to Sep activity. We saw a 7% pump from bottom today,
I would expect ETH to pump 1 more to retest the downward trend-line of resistance before pulling back and potentially form a new Higher Low.
Bearish side if ETH sharply drops to 17300 sats and closes below it with engulfing candle. I'm short term bullish until a retest of immediate resistance.
ETH/BTC (Y19.P2.E10).MICRO.Bullish.DivWe have a no. of indicators or elements telling us that this can be a good entry.
Observations:
a) Main support level is holding (at point D)
b) Bullish divergence indicated on 3 indicators, on the 4 HRLY chart
c) Formation has confluence with Gartley Harmonics
d) BTC is showing sideways movement and hence many ALTs tend to go up in such situations
e) On the daily and weekly chart, we have a hidden Bullish Divergence (using RSI)
Thoughts:
>Buy zone is in an area to increase the likelyhood of the Gartley pattern to continue (less risk).
>Wait for an open and close candle at this level on the daily.
>Also look for the bullish candlesticks combination on the 4 hrly or daily, eg. Morning star if you want to enter earlier.
PS. > You can use my candlestick.detector indicator
Daily chart, close up.
Daily ETH.USDT chart, showing bullish div. as well
Please give a thumbs up or a like if you agree or just appreciate the effort.
Regards,
S.Sari /CryptoProspa
ETHBTC Falling wedge formation BINANCE:ETHBTC
On 1H time frame, falling wedge pattern could be seen forming.
The 3rd touch could end as a double bottom, as seen currently, with an inside bar pattern formed on the 4H time frame
On the DAILY time frame, price has retraced past 0.786 fib level and is closing in on 0.886 fib level,
while approaching a parallel channel trend line, this has been the only candle closed in green over the course of 10 days
Though price has moved under a nearby monthly close and weekly close, a move back above these lines will indicate more bullish momentum to come for ETH/BTC
ETH/BTC TA Update (Double Bottom?)ETH/BTC
ETH broke outside the downward resistance and made a higher low for the first time. There is also a potential double bottom pattern formed between 17200 sats area as the price already showing sign of reversal on this 4-hour timeframe. We may see ETH pullback to the support zone to confirm the old resistance turning into new support before continues its uptrend again. If you will trade this Long position, your stop-loss will be placed below the previous low wick at 17180 sat area.
ETH/BTC TA Update (Upside Pullback?)ETH/BTC
ETH broke key support from 20000 sats area and now testing the 0.786 Fib level including the 1st higher low formed last September.
RSI hit extreme oversold during its drop, there is a high probability to have a reaction rally from this area to form a daily lower high.
ETH/BTC wick into 3D bullish order blockSelf explanatory!
1) wicking into 3D OB+ (bullish order block, or demand zone)
2) RSI approaching longer term support
3) I suspect there could be some consolidation near this level, as RSI bounces off this longer term trend line.
4) I've also outlined a 3D OB- (bearish order block, supply zone) for a short term trade target once RSI bounces.
ETHBTC Bullish Divergence at SupportETHBTC is showing bullish signals with a bounce of 78.6 fib level and bullish divergence on the 4hrly. Daily is also in oversold conditions and has already probably bottomed and expecting a bounce from these levels. Trade with care. Just wanted to share an observation. Nothing is 100% and only trade what you can afford to lose and with small portions of your capital each time so you can ladder in with stop losses in profit when trend is going your way raising the stop losses to new support levels each time. ETHUSD also showing signs of recovery from 2019 record low price of 117+ and has a possible bullish case too.
ETH/BTC TA Update (Bears in control, 0.618 Fib will hold?)ETH/BTC
ETH broke support at 19600 sats level and testing the previous swing low and the 0.618 Fib level too. RSI is getting closer to an oversold condition.
If the price can hold this level for a couple of days, I expect a minor pullback to the upside to form another lower high.
ETH/BTC DeathcrossLooks like a death cross to me, sitting above the downward trend line, death cross may push price down to this trend line and form a new support. Also making consistent higher lows, which is a bullish sign. Sentiment looks mixed imo at the moment. Give me some coins you would like to see!
ETHBTC Double topDouble top and a fractal, clear downtrend on 4 hour and on various other time frames, 0.88 regression downtrend, quite strong. Outbreak may occur once higher low is produced on daily timeframe, or fib level 0 is reached on 4 hour chart.
Thanks for viewing my analyses.
ETH - Is Ethereum Ready For Its Next Bull Run?The pattern is undeniable. Ethereum looks to be very close to completing its 8 step cycle, which it has done twice. Could this be a sign that a bull run is on the horizon? Only time will tell, but keep Ethereum on your radar. If it starts to take off, you may want to get in early because this bad boy can fly!
