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Ethbtclong

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.
BITMEX:ETHUSD.P
by PolarHusk
1
$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
Long
by ferGOD
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
Short
by ssari
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
Long
by Syorfx
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.
Long
by PolarHusk
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.
Long
by mdyassink