Ethbtclong
ETHBTC What's next? 5th Wave or Retracement?ETH is approaching a major testing of a current support line near the 0.04 price range. Potential 5th Elliot Wave to come if support is found and the trend line remains unbroken. This would be a good setup for a Long.
On the other hand if support around the 0.04 price range is broken, expect a Retracement to the lower Fib line. This would be a great setup for a Short.
Good luck trading!
ETH Breaking OutEthereum has broken out of the Symmetrical Triangle's upper trend line and briefly pushed over $400. There may be nothing to it but it seems kind of odd how the last two buying waves have occurred 12 hours
apart. Could we get another wave of buying 12 hours from the last which pushes ETH well over $400? If the pattern repeats itself I would expect consolidation until about 2:00 PM or 3:00 PM EST then another buying wave to start.
ETHBTC OPPORTUNITYHi Seildev here,
Tonight we look at ETHBTC.
We have established an important horizontal zone at 0.035778.
- High of 0.1503 at June 13th to low 0.6745 gives Fib 1.41% at 0.035778
- high of 0.1232 at June 29th to low 0.6745 gives FIb 1.61% at 0.035778
We also see RSI Divergence.
We will pay close attention when it drops below 0.03577 Buy zone to see a long
opportunity.
As always, trade with a plan and safe trading.
Seildev
ETHBTC. Good entry opportunity!So, a similar situation as in my forecast for NEO. Ether is a strong coin that you need to have in your briefcase. Now, in my opinion, the right time to buy. Pay attention to the graph, the history repeats itself with touches on the RSI.
Further, if we break through the channel, reaching goal 2, then go to goal 3 and "TOTHEMOON"!
The nearest target is 10% profit.
Of course, there is a possibility that the price may still roll back, given the mood of the market and the desire to get free coins. But even in this situation, this is a good time to enter.
Good luck in trading, friends!
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