Ethereumanalysis
ETH-4h. Sellers are preparing for test $520.The struggle for the $600-615 range continues. Taking control of this range on December 17, buyers could not keep it.
Yesterday's break of the trend line , which supported buyers for more than a month, gave sellers the right to form a falling wave.
The sellers set the new local low at $550 . Now their main task is to keep the range of $600-615 . It is very difficult for buyers to restrain the price from falling. Given that all capital from altcoins goes to BTC, we do not see growth prospects in the medium term.
If you look at the ETHBTC chart , you can see that the sellers broke the annual trend line down. We offer you to find vacations that will help growth in the ETH market. We can't find them yet.
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ETH PULLBACKHello traders
As you can see in the chart above, I believe Eth will have its final pullback to that descending trendline.
Price got rejected on 0.618 Fibonacci and created bearish RSI divergence.
It might hit its third touch on the ascending trendline.
That would be a perfect entry to go long.
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ETHUSDT 1D-TIMEFRAME ANALYSIS✨ETHUSDT 1D-TIMEFRAME ANALYSIS✨
Hello ladies and gentlemen
This is my new idea for the Ethereum
My idea is that the pair will go lower
broke down the daily support sells offs start
I hope my idea is clear
Support me by like and share
Stay Safe💯
Good luck💰
ETHEREUM - Intraday Update - 12/09/20 (Short-term)ETHEREUM - Intraday Update - 12/09/20 (Short-term)
Outlook : Expecting ETHEREUM to recapture its $637.90 high and beyond. Breaking above $595.50 is the next upside objective for the bulls. (Fist a Bullish Evidence)
Analysis : The break above $637.90 signals the second wave consolidation is complete, and the move puts ETHEREUM back on track to challenge the next upside hurdle. The bulls are in control while $480 - Wave ii - stays intact as support.
Bottom Line : A third wave rally is in its early stages. Subdividing higher within wave iii of (iii)
Note : Prices can vary between ETHEREUM exchanges. Consequently, there may be differences in our chart prices due to different data sets. Our analysis is for information only. We recommend that people avoid trading on unproven exchanges vulnerable to hacking and theft.
Ethereum - Intraday Update - 12/03/20 (Short-term)Ethereum - Intraday Update - 12/03/20 (Short-term)
Bottom Line: Subdividing higher within wave iii of (iii)
At KEY resistance level can it break through this time?*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. I may also own or trade any of the symbols and cryptocurrencies mentioned in this video so do not make your trading or investing decisions based on this video. I do not guarantee any results nor am I responsible for your actions. You should always do your own due diligence before trading or investing in this market as it is extremely risky. Affiliate links are also included in this same video description section here and if you decide to support me by using any of them, I may receive a referral bonus or commission.
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Big Ethereum Rejection!COINBASE:ETHUSD
Today Ethereum got rejected for the 3rd time by the 620 Resistance line. This outcome wasn't peaceful, it dumped about 5% in just 1h. It did the same on the 2nd rejection. It is currently in a parallel channel, but when broken to the downside ETH could drop quite low in my opinion. Another attempt breaking the 620 resistance could be crucial right now. Hope for the best. Nice trading everybody.
Ethereum is clearly in up trend Ethereum might be 490Ethereum is clearly in up trend Ethereum might be 490
Ethereum can move sideways in between $482 and $450 LevelEthereum can move sideways in between $482 and $450 Level
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.
Ethereum outlookSimilar to Bitcoin, Ethereum found a bottom in early September. Unlike Bitcoin though, EthUsd couldn't manage to make a new high above the important 400 resistance and now is stuck in a range.
I will look to sell rallies close to 400 with a 330 target.
A daily close above 400 would change my outlook
Ethereum clear breakout. Clear breakout of 2 trendlines and making higher highs, lets walk the stairs
ETH Showing Signs of A PulseETH showing some life, in which the ellipse formation it has formed, in conjuction with upward diagonal trend line, can induce the need pressure need to reclaim $350.00 region as sppoort, can continue upwards to retest $360.00 resistance.
