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Ethereumanalysis

Ethereum it's leading toward the $365 USD next target!!!In H4, we see that Ethereum is confirm this validation of this zone of consolidation between the $393 USD and $384 USD. That was the consolidation zone that Ethereum it's created and right now, the price is found out in the bearish trend toward the $365 USD iN Daily we see that the price is under bearish pressure. But based in my studying, Ethereum could to find down the lower zone, in that case my target will be $365 USD. So, in H1 we see that the trend is becoming right now bearish!!! So, I will need to know because Bitcoin is still bullish and maybe, we could see another chart and data that altcoin dominance it's going to drop and Bitcoin dominance going to up. At the moment, I put in my sell market around of $383.50 USD with a SL at $389 USD and my own take profit will be $365 USD.
COINBASE:ETHUSDShort
by harisonhbn9718
1
#Ethereum BULLS - It's done with the drop Part 2I got stopped out of the first idea. The second one seems to be holding after I just didn't set a stop loss and let the momentum change, I could've waited anb had a better entry. But for now. It seems the momentum has shifted. I waited forever to post this as i was waiting to see if it was going to make another hug drop. And I look at the MACD and the moment was so far beyond on the down side i knew something had to give. And it is. I'm finally in the positive. here's the chart that had me nervous after I had already been stopped out Now I'm in the blue. I'm sure it's going to be a struggle, but I think we'll pull through.
COINBASE:ETHUSDLong
by BodiesXWix
1
Ethereum in Consolidation, Downward Pressure Still evident!The Bulls and the Bears have been fighting it out for a few days now in a large consolidation pattern! Downward pressure is still evident. I believe there are two likely scenarios to play out: Scenario 1: Push to the upper resistance line with multiple attempts to break resistance. Then large move to the downside. Scenario 2: Capitulation of the Bulls leading to large downward movement to bottom resistance After this I think we will see if our longer term bull run will continue Disclaimer: I am not a financial advisor and this not financial advice. Please do your own due diligence when making trades
BITSTAMP:ETHUSDShort
by JackGreyfur
There are two scenarios a price boost up to USD 800 is expected1st Scenario : The downtrend has ended in the range of 82.07 and the first uptrend wave ended in the range of 366.80 and the corrective movement of this uptrend ended in the range of USD 86 and the uptrend initiated in the third wave. The main highlight is at the bottom of the chart (USD 489 range) The structure of the price increase from USD 368 to USD 489 level was in the form of 3 waves, followed by a 5-wave decline, which indicates the Expanded Flat pattern. Wave iv from point of 3 can be completed in the range of USD 304, we should wait for the uptrend in the 5th wave, which the target in a worst-case will be USD 600 and can be extended up to USD 800 level. 2nd Scenario: If we consider, the 2-year corrective earnings of the range of USD 86, as a completed movement. By counting the increasing price trend of USD 368 to USD 489 in a 5 waves format. In this case, the first uptrend is over, and the price is in a corrective uptrend movement, which due to the first 5 wave fall (wave A), we are expecting further price reductions in the range of 238 to 170 dollars. This range is a very important area, in addition to the Fibonacci ratios, it is overlapping to the downward trend line which has been broken. Conclusion The basis of my movement strategy is as follows: According to the both analyzes; the advent of the uptrend is not doubtful. But there is a scenario of further decline. It is highly recommended to enter long positions, by managing the % 50 of risk and reward logics, in the range of USD 350. In case of further decline up to the range of USD 238, the rest of the positions can be set. Ethereum targets are very high, traders must go long in the fall of the price action. In my opinion, the area of 120 to 130 dollars is a very important price range, and if the price exceeds this range, probably ..............! I hope this never happen...
Long
by NirmataFX