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ETHEREUM - END OF ANOTHER MARKET CYCLE? WHAT TO EXPECT NOW?The market cycle which started in the late March- early April with accumulation, is now approaching it's end with the final markdown phase. Possible reversal may occur here. A new cycle can start here with a new accumulation phase with a plenty of upside potential. On the downside, if it continues to fall then i see a support somewhere around 0.0498. If it pierces southward to this, the last zone of defense lies in the range 0.0436-0.400. Beyond that, it's a free fall territory. For those who have no idea about market cycle, read on. The Four Phases of a Market Cycle 1. Accumulation Phase This phase occurs after the market has bottomed and the innovators (corporate insiders and a few value investors) and early adopters (smart money managers and experienced traders) begin to buy, figuring the worst is over. At this phase, valuations are very attractive, and general market sentiment is still bearish. In the accumulation phase, prices have flattened and for every seller throwing in the towel, someone is there to pick it up at a healthy discount. 2. Mark-Up Phase At this stage, the market has been stable for a while and is beginning to move higher. The early majority are getting on the bandwagon. This group includes technicians who, seeing the market is putting in higher lows and higher highs, recognize market direction and sentiment have changed. Media stories begin to discuss the possibility that the worst is over, but unemployment continues to rise, as do reports of layoffs in many sectors. As this phase matures, more investors jump on the bandwagon as fear of being in the market is supplanted by greed and the fear of being left out. As this phase begins to come to an end, the late majority jump in and market volumes begin to increase substantially. At this point, the greater fool theory prevails. Valuations climb well beyond historic norms, and logic and reason take a back seat to greed. While the late majority are getting in, the smart money and insiders are unloading. But as prices begin to level off, or as the rise slows down, those laggards who have been sitting on the sidelines see this as a buying opportunity and jump in en masse. Prices make one last parabolic move, known in technical analysis as a selling climax, when the largest gains in the shortest periods often occur. 3. Distribution Phase In the third phase of the market cycle, sellers begin to dominate. This part of the cycle is identified by a period in which the bullish sentiment of the previous phase turns into a mixed sentiment. Prices can often stay locked in a trading range that can last a few weeks or even months. When this phase is over, the market reverses direction. 4. Mark-Down Phase The fourth and final phase in the cycle is the most painful for those who still hold positions. Many hang on because their investment has fallen below what they paid for it, behaving like the pirate who falls overboard clutching a bar of gold, refusing to let go in the vain hope of being rescued. It is only when the market has plunged 50% or more that the laggards, many of whom bought during the distribution or early markdown phase, give up or capitulate. Unfortunately, this is a buy signal for early innovators and a sign that a bottom is imminent. But alas, it is new investors who will buy the depreciated investment during the next accumulation phase and enjoy the next mark-up. Timing A cycle can last anywhere from a few weeks to a number of years, depending on the market in question and the time horizon at which you are looking. A day trader using five-minute bars may see four or more complete cycles per day while, for a real estate investor, a cycle may last 18-20 years. P.S: This is not an investment advice. This is my personal journal. Invest your capital at your own risk. Keep an eye out. Trade safely. Always remember, money not lost is also a profit. Good luck trading.! Peace.
by johntradingwick
ETHWell, this is seriously suggesting a reversal. Is the third time this happen MACD about to cross SRSI oversold and getting into price dynamic zone BottomFinder giving a very Strong signal (thanks to "theheirophant truckloadtrader" for this. Please try his work) Coindetector also giving an important alarm to buy (Thanks to "CoinDetector" !! give it a try, very nice job) + ETH is above a huge support (blue line)... which is being backed by TDS with its "trade the 9s" method (that's why we see the price in yellow) Anyway TDS is yellow, and should be green as it was 6 days before.. but is still valid unless it breaks support. Volume is very Low, but from my experience that's a sign of market contriction, which could be followed by a breakout. Strongest resistance is EMA 55 (labeled on green)... if price break that level there could be a very solid uptrend. We wait this candle to close and watch the next one to confirm how are we going to operate... TDS must confirm the reversal. Anyway be prepared, everything is suggesting the Bulls are back and Cryptospace will fly high again. Educational only (Im learning) If you like my ideas, please hit Like, leave a comment, share them and follow me for more!! GoodTrade -CJ-
Long
by CristoJaraba
ETHEREUM SHORT!Ethereum is one of the coins which tend to go the opposite direction of Bitcoin so as I was expecting BTC to breakout soon and I decided to checkout and what I see is a movement down , RSI overbought bearish signal, Elliot Wave Oscillator looking to make one more small red wave before ETH goes green so a downward movement is anticipated.. So my advice to my ETH hodlers or traders sell now buy back 0.0671 BTC and make money ! Don't forget to put a stop loss(buy-back) at 0.0729 BTC because if the market goes green then ETH might just follow the market. However there are a lot of bearish signals so my position is short now. Good Luck, Traders!
by farhadjafarov7
ETHEREUM ETHBTC Everything you need to know is inside!Hello folks, This analysis gives everything you need to know about EthBtc pricaction. Green lines are support lines. Red lines are resistance lines. Blue lines are showing the general wedge trend. Use 50, 100 and 200 MA as both support and resistance as well! (If at high then resistance visa versa) We'll update the graph if necessary, for now we cover the very important parts. Stay calm, trade wisely. CryptoCholics out, peace out! PS: You can follow us from social media to be tuned with latest news and discussions by searching CryptoCholics. Disclaimer: This is not a financial advice, always make your own research and evaluate what we share here.
by KaptanFantastik
There is a Second Chance to Buy in ETHBTC ...New trading suggestion: *The price is in an uptrend and we forecast the uptrend would continue. * There is still a possibility of temporary retracement to suggested support line (0.07200). if so, traders can set orders based on Price Action and expect to reach short-term targets. Midterm forecast: While the level 0.07200 is not broken, the Midterm wave will be uptrend. Technical analysis: Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains. Relative strength index (RSI) is 48. Take Profits: TP1= @ 0.06050 TP2= @ 0.07200 TP3= @ 0.07750 TP4= @ 0.08600 TP5= @ 0.10000 TP6= @ 0.11050 TP7= @ 0.12150 TP8= @ 0.15150 TP9= Free Trade Setup: We opened 9 BUY trade(s) @ 0.05474 based on 'Hammer' entry method at 2018.04.04. Total Profit: 17562 pip Closed trade(s): 4578 pip Profit Open trade(s): 12984 pip Profit Closed Profit: TP1 @ 0.06050 touched at 2018.04.11 with 576 pip Profit. TP2 @ 0.07200 touched at 2018.04.24 with 1726 pip Profit. TP3 @ 0.07750 touched at 2018.05.03 with 2276 pip Profit. 576 + 1726 + 2276 = 4578 pip Open Profit: Profit for one trade is 0.07638(current price) - 0.05474(open price) = 2164 pip 6 trade(s) still open, therefore total profit for open trade(s) is 2164 x 6 = 12984 pip
Long
by ForecastCity
There is a Second Chance to Buy in ETHBTC ...New trading suggestion: *The price is in an uptrend and we forecast the uptrend would continue. * There is still a possibility of temporary retracement to suggested support line (0.07200). if so, traders can set orders based on Price Action and expect to reach short-term targets. Midterm forecast: While the level 0.07200 is not broken, the Midterm wave will be uptrend. Technical analysis: Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains. Relative strength index (RSI) is 48. Take Profits: TP1= @ 0.06050 TP2= @ 0.07200 TP3= @ 0.07750 TP4= @ 0.08600 TP5= @ 0.10000 TP6= @ 0.11050 TP7= @ 0.12150 TP8= @ 0.15150 TP9= Free Trade Setup: We opened 9 BUY trade(s) @ 0.05474 based on 'Hammer' entry method at 2018.04.04. Total Profit: 17562 pip Closed trade(s): 4578 pip Profit Open trade(s): 12984 pip Profit Closed Profit: TP1 @ 0.06050 touched at 2018.04.11 with 576 pip Profit. TP2 @ 0.07200 touched at 2018.04.24 with 1726 pip Profit. TP3 @ 0.07750 touched at 2018.05.03 with 2276 pip Profit. 576 + 1726 + 2276 = 4578 pip Open Profit: Profit for one trade is 0.07638(current price) - 0.05474(open price) = 2164 pip 6 trade(s) still open, therefore total profit for open trade(s) is 2164 x 6 = 12984 pip
Long
by ForecastCity
5
Ethereum , A long-term trading opportunity to buy in ETHBTC.Midterm forecast: While the price is above the support 0.02200, resumption of uptrend is expected. We make sure when the resistance at 0.07200 breaks. If the support at 0.02200 is broken, the short-term forecast -resumption of uptrend- will be invalid. Trading suggestion: There is possibility of temporary retracement to suggested Trend Hunter Buy Zone (0.05250 to 0.04400), if so, we would set orders based on Daily-Trading-Opportunities and expect to reach short-term targets. Beginning of entry zone (0.05250) Ending of entry zone (0.04400) Technical analysis: Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains. Relative strength index ( RSI ) is 17. Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Hammer" or "Trough" , in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons: Take Profits: TP1= @ 0.06050 TP2= @ 0.07200 TP3= @ 0.07750 TP4= @ 0.08600 TP5= @ 0.10000 TP6= @ 0.11060 TP7= @ 0.12160 TP8= @ 0.15140 TP9= Free
Long
by ForecastCity
There is possibility for the resumption of uptrend in ETHBTCETHEREUM/BITCOIN Midterm forecast: While the price is above the support 0.02200, resumption of uptrend is expected. We make sure when the resistance at 0.07200 breaks. If the support at 0.02200 is broken, the short-term forecast -resumption of uptrend- will be invalid . Trading suggestion: There is possibility of temporary retracement to suggested Buy Zone (0.05370 to 0.04520), if so, we would set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.05370) Ending of entry zone (0.04520) Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Hammer" or "Trough" , in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons: Technical analysis: Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains. Relative strength index (RSI) is 30. Take Profits: TP1= @ 0.06050 TP2= @ 0.07200 TP3= @ 0.07750 TP4= @ 0.08600 TP5= @ 0.10000 TP6= @ 0.11060 TP7= @ 0.12160 TP8= @ 0.15140
Long
by ForecastCity
3
ETHBTC Global Forecast 2018y.Hello Traders! Glad to present global EWA/EWP analysis concerning ETHBTC by Zarina Tengri. Everyday, nine Tengri's traders, creates professional analysis, specializing on Elliotte wave theory, Technichal analysis, Volume Spread analysis, Market Profile, Depth of Market, Order flow & Footprint. We trade in all financial markets, there are no boundaries or limitations. Join us! «« «« «« «« «« Hold Like! »» »» »» »» »» (If you have questions, comments, write, reply thoroughly!) You're welcome!!! Best regards, the team Traders "Powerful Traders".
Long
by POWERFUL_TRADERS