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Ethereumprice

ETH Charts Looking PromisingEthereum has been doing relatively well the past two weeks. After hitting a yearly low of $170 earlier this month the ETH market has been mostly staying up above the $200 level. Now that Google reversed it's ban on crypto ads and the overall cryptocurrency market is rising, ETH joined the party. ETH is up only 5% but the charts look promising. The RSI is healthy and the trend is looking bullish. There is strong support right at the $214 levels, and current resistance is at $240.
BITFINEX:ETHUSDLong
by nulltxmark
ETCUSD - My Bearish OutlookSo from what I see Ethereum like Bitcoin is also forming a symmetrical triangle. Because I see both patterns as being very similar and the outcomes most likely similar I have just copied over most of my Bitcoin analysis. In my Bitcoin chart that I just published, I explained how In most instances, the symmetrical triangle is a continuation pattern which unfortunately would mean more downside for Ethereum. Symmetrical triangles also indicate a period of indecision in the market which plays out as a pattern that moves sideways as bulls and bears fight for dominance. As you can see by the chart we are seeing classic signs of the symmetrical triangle or contracting wedge , there is the continued tightening or coiling of the consolidation pattern along with decreasing volume as the pattern tightens and pressure builds so when the breakout does occur you can usually expect it to be accompanied by a large spike in volume . Generally, with a symmetrical triangle, the breakout will occur near the 1/2 or 3/4 point of the pattern, to me, it looks like we are very near the 3/4 point so I would say a breakout is imminent. Looking at the chart I can see pretty good support around the $500 level and if that does not hold I see even stronger support in the $400 area and then in the $300 area. Just based off what I am seeing in the chart I am bearish in the short-term (weeks or months) but remain bullish long-term (years). I will be watching the price action closely for possible trade opportunities and also for opportunities to pick up more Ethereum at discount prices to add to my long-term holdings.
COINBASE:ETHUSDShort
by Bigsky_Crypto
ETHEREUM is Still Struggling, But Will Come Back Soon - See WHY!Hey lovely Friends! D4rkEnergY is back! This time we will take a look at Ethereum. D4 is generally a big fan of ETH. But lately ETH has not fared that well compared to BTC. Many people in the community were out there and claiming, that ETH soon would take over BTC position as Market Leader, and soon would take over the domination of the Global Market. But I think we clearly can ascertain that that is not the case for now. BTC tend to fare better than all the other Alts, when we have uncertainty in the market. BUT, BUT, BUT Ethereum will come back with more power than EVER, and D4 will explain you why..... First let us take a look at the 4h ETHUSD Chart. D4 warned you last time, when ETH finally had found support on the up trendline , dotted green line, that we probably would fall through due to the uncertainty in the market. Hereafter we managed to climb up again, but this time we were facing a HS pattern , and didn't manage to make 3 higher highs, why we fell through. A bear flag took us even lower, and we now have found support at the 61,8 % retracement level. I've said it many times before, but BTC is the leader and will dictate the market, so also ETH will wait for Daddy to give directions. So when will ETH have a great comeback? D4 will tell you. The reason why ETH hasn't done that well lately is because of many ICO's have postponed their launch. ICO' startups knows when we are in a market with uncertainty, people are not willing to invest in them. Most of the ICO's accept payment in Ethereum. So there is a clear correlation with the amount of ICO' offerings out there and the price of ETH. So when BTC will go through it's inverse HS pattern and people will feel more comfortable and get their belief back in the market, we will again see ETH take a rocket ship to the moon! D4 loves you <3 PS. Guys, I have now more than 800 messages in my PM. I cannot answer all of them. I'm really sorry. Next Wednesday the 14th the PARTY WILL begin, and D4 will explain everything to you guys directly from our HQ in Seoul! Be patient. It will be crazy. Please give a BIG LIKE and FOLLOW, and D4 will make you rich!
BITFINEX:ETHUSD
by D4rkEnergY
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