Why will Ethereum drop toward 2500 levelLiquidity is slowing off Etherum toward Bitcoin as show on the ETH/BTC pair
structure at lower timeframe is respecting the 50% fib level and also trending downward inside the channel , as it repeats is similar pattern!!
Thank you for watching
Follow me for more crypto analysis
Ethereun
ETHEREUM - Price can reach resistance level and try to break itHi guys, this is my overview for ETHUSDT, feel free to check it and write your feedback in comments👊
Some time ago price entered to rising channel, where in a short time later it reached $3060 level with support area.
After this, ETH soon broke this level, made retest, and continued to move up to $3670 resistance level.
Ethereum reached and broke $3670 level and rose to resistance line of channel, after which made downward impulse.
Thereby price exited from rising channel, broke mirror line, fell to $3060 level, and started to move up in triangle.
Inside triangle, ETH rose to resistance level, but recently bounced down and now trades near support line.
In my mind, Ethereum can reach resistance level and break it, after which continue to rise to $3965 mirror line.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
ETH - Altbleeding season incomingLocal and global structure say that soon we will get massive altcoin panic sale. All indicators, volumes, santiment and formations show that it will happen.
Ethereum will retest his pump-point.
ETHBTC Analysis 8/16/19Ethereum continued to drift lower as expected, reaching the year lows at 0.017.
Sellers remain in full control, especially after this aggressive bull trap that was formed on the failed downtrend breakthrough.
We are now sitting at the year lows and buyers remain absent which doesn't support the bull case despite a bullish crossover appearing on the stochastic oscillator that could let us think that a rebound is in the chords.
As long as the downtrend remains unbroken, the upside is capped and any bounce or rebound shall be short-lived.
Until proven otherwise, we expect new lows to come.
Raphaël Comte
Investment Analyst at Token Metrics
Disclosure: Token Metrics is a regular publication of information, analysis and commentary and does not provide individually tailored investment advice. Its principal has advised and invested in many blockchain companies. A complete list of his disclosures, advisory roles and current holdings can be viewed here: ianbalina.com .
ETH/USD Daily OpportunityThese are the daily levels I'm interested in.
Again this is also dependent on what Bitcoin does, when it finally breaks its range.
There is a ton of money to be made when it does.
Check out this post for how I'm playing the crypto space and the coins I'm building positions in currently.
MACRO Charting
None of the S/R numbers lines indicate prices, but a zone to be aware of.
I use these S/R zones for swing trades that could be held for weeks or longer.
The thicker the S/R line the more I believe it will come into play.
When using a weekly/daily/monthly chart you should let that timeframes close play out, unless taking profit.
Good day Gents,
Sir Lambo Moon
(Sent from Lambo)
ETHUSD FOLLOW THE WHALEThis zone is looking to be the likely last resort for a revival of the slaughtered bulls. Stand fast!
1) Weekly ATH Zone
2) Weekly uptrend that formed the ascending triangle to push the price to recent ATH's
3) Decent hidden bullish divergence
Most important of all this analysis is certainly the skill for whale watching. Anyone who has been here since the $10 ETH knows there is a ginormous Ethereum whale on Bitfinex that at one point accumulated a long of multiple hundreds of thousands of Ethereum (unfortunately the ethusdlongs doesn't go back that far). This whale always accumulates on the way down and distributes on the way up, like a professional trader who would be trading with 10s/100s of millions of dollars. (see comment)
Point being: the people making this market are those with the capital to hold margin positions this large, therefore "if you can't beat 'em, join 'em".
