Etherium
$GUP breakout? #cryptocurrency #bitcoinSince it touched the support line more than resistance in simple terms.
Oh that descending triangle indeed a fake one imo
Etherium Buy markers and trend slope adjustment evidenceAs with my bitcoin, I am doing this for my own buying indicators. Unlike bitcoin, Etherium has wider swings and is overall less predictable. Patterning is less reliable and this is my first attempt. From what I can tell, Etherium is in free fall and before I completed this chart, I had to adjust some lines and move my reverse Fibonacci Wedge to actually capture a convergence point. If the trend is followed, Etherium looks to have no definitive support point. Because I am cautious, I will watch and see how this plays out, and not look to buy at the moment. ETH seems to swing 30% to BTC's 10%, at least in the short term. There has been quite a bit of selling off and very little buy back. As I am only looking to find patterns and trends, and not correlate it to news items or rumor, as well as only drawing on one source for the chart, accuracy may elude my prediction. That being said, $525 ETH seems like a bargain.
Litecoin Short (LTC/USD)The Khaos-Crypto-Trader found a short for the Litcoin/Dollar pair. This setup triggered.
Using the Khaos-Crypto-Trader, just this one indicator, the trades are automatically mapped for you. If finds trade setups, then it paints for you: The Entry, Targets, and Stop. As you can see here we have had several winning trades in the past. Now we have an active short setup.
You can try this indicator for free, by visiting the website which is listed on my profile.
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ETH-Live Trade Journal (daily chart)ETH-Live Trade Journal (daily chart)
3/10/2018
Etherium is still bearish on the daily chart--MAs are trending down, the upper trend line is intact, and we have formed a potential head and shoulders pattern over the last few months. The neckline is pretty unclear on the H&S but a break of support (gray band) is likely close enough. Until ETH breaks the upper trend line, I don't plan on trading the daily chart.
Ethereum. First short profit target hit. Levels to look at.Warrior.
Ethereum broke out of the consolidation zone 787-959 I posted in my last idea "ETH update. Keep your eyes open next week.".
I hope your eyes were open if you're interested in ETH.
We are reaching the first target 700. If we lose that level we're going straight for 600-625.
From 700 to 600 that's a 15% profit. But at that point I wouldn't risk shorting it more, a big bounce is very likely and we might never go that low again.
If we drop below that strong support we would be headed for 475 or 500 but I'd bet more on 475. 600 => 475 20%.
Litecoin had its full retrace (almost) since early december, Bitcoin had its full retrace (almost too). So why shouldn't ETH get its full retrace? Just because it is better? Puah! I say it goes down like the rest, no priviledge all should bleed equally!
Remember to look at Bitcoin, it's dictating where Eth goes and when it does.
Remember also ETH is master coin it's not about to disappear. It's actualy used... BTC was just there before and people know about it...
+++ I am not a financial advisor (good luck finding one in crypto). Trade at your own risk +++
Same Plan Brittney Spears was way too hot during DOTCOMEverything you read is what is in my mind, I'm not here to give advice, but to tell you my perspective on the market to help save money and make more money.
So far things seem to be in my previous reports favor. My timing was off by a little, but the trend still looks exactly the same and the RSI just plummeted. I say we hold on tight and watch this. If it goes down make sure to get those orders in before the institutions do. ;) That's hard to determine but just follow the resistance and support lines, and you will stay safe, also the 200 day moving average could be a great place to still buy. One more place to buy is at the bottom of the channel which I have a thick blue line for a good determination of a buy zone, and more probable bottom.. If we see a double touch on the probable blue bottom then to me that means a super bullish future.
last night/day I sold Ether at 950. and BTC at $11500. Using the the big blue trend lines to determine a big resistance.
My next buy is either the red resistance/support lines depending on the volume. Or where I wrote buy.. And I think I'm gonna put my money in the buy text area on my graph because it just makes sense to me based on the previous evidence in my previous reports.
1) Overbought rsi/macd
2) The previous month had the exact same trend the dropped down because of a trap.
I want crypto to succeed, but I also want my investments to succeed, Im not here to spread fud, Just want to give my two cents on the matter.
[BITCOIN, LITECOIN, & ETHERIUM] HEALTH CHECK UP! This educational video talks about the health of overall general crypto market cap and how have seen it go lower since last time I checked it. Crypto is very volatile, but has nice returns if you know what your doing! If your new to this space and intend on scalping, swing trading or hold a position on long term investor trading. Be prepared for a volatile roller coaster ride! I don't regret anything i have personally have done in this space yet. Its been exciting ever since I started in 2017 and their is so much to learn. This blockchain technology is the future!
If you enjoyed this video give me a like and follow me to hear my latest technical analysis on what Im trading.
Thanks
CryptoBuzzAnalyst
PS. This is not financial advice just educational material. Do your own research and take caution before u think about day trading or investing in crypto!
ETHBTC nice Entry Hi Cryptonauts !
Let`s take a closer look at the 4hour ETH/BTC Chart.
If the (BTC) bears go on like this , I think it will be a good opportunity to invest some bucks in ETH and cash up a little bit.
The MACD and the Stochastic RSI looks promising and indicate a rising course.
IMO, as soon as we pass the 0.786 fib Retracement, it`s a good chance to make some profit till we reach the next level at 0.618.
I am pleased about comments, likes and suggestions ! ;)
Etherium has dropped perfectly to our major support!Etherium has dropped strongly after breaking our major resistance level and is now right on our major support level at 778 .62 which is a fibonacci retracement, extension, overlap support and has bullish divergence level.
Our next major level of resistance is at 907.45 which is similarly a fibonacci retracement, extension and overlap resistance level.
It is worth noting how stochastic has bounced off our 6.5% level multiple times and we could be seeing another such bounce line up.
Sooo close BUT, ETH Will NOT be completing a H&S patternTake a look at the 4H chart showing what could have been a H&S pattern sending ETH down BUT, notice how:
1)he last few bear candles are retracing and
2) how MACD is turning bullish and
3) how the 20EMA is acting as support and
4) how 50EMA just crossed OVER the 100EMA
We should be going UP UP UP.
What do you think?
Here's the reason why it's so hard for ETHERIUM to reach 1k USD!Hello beloved friends!
D4rkEnergY is here with a quick update on Etherium. We are taking a look at the 2h ETHUSD Chart.
As you can see we had this crazy bullrun in December to mid January, where we reached our All Time High at almost 1,500 USD. I've made The Elliot Wave count 1-5, and also the Elliot Wave-correction A-B-C. As you can see we had a retracement to Fibonacchi 78,6 % level. This is pretty normal, especially taking into consideration the previously mentioned crazy progress.
We are at this very moment steady climbing slowly forward, but as you can see, we are again starting to lose momentum, and an ascending wedge on the chart AND on the RSI is taking form, which both are bearish signs.
Expect therefore that we will go down.
So the clever person out there, are probably thinking, why is that? D4 has an answer. He has to take you back to the Elliot Waves. If we look closely, we havent really had a descent retracement after our new uptrend after the ABC-correction.
Therefore, we need again to go lower before we can go up again!
OUT
D4 loves you all, and appreciate all of you guys out there following him! <3
ETHUSD Plenty still to be made, even if you missed Tuesdays callThose who followed our call from Tuesday are well in profit and due to bank some money soon. For those that missed out (or want to add some more its still possible).
ETHUSD has rallied nicely from November to early January (The first Orange arrow), then retraced until early February (The second Orange arrow). We love retracement it is healthy and show a market working well.
It has then bounced off a three prong area of support being the Blue line 662.98 Support, the 78.6 Fib retracement (Blue line overlaid) and our 200 ema (Green line). This area circled in yellow. It has immediately put in a strong buyers bar and pushed up. We are now well into the move (and soon banking profits from Tuesday) and I normally wouldn’t enter here. But we have just broken and retest the 20 and 50 ema and closed above. It’s a nice bullish sign. It is always a bit more risk buying this far up the leg, but on this occasion I will take the chance.
BUY 946 (high of yesterdays bar)
SL 776 conservative, or 890. Very aggressive (Bigger winner, more chance of losing)
Target Unofficial 995, it’s always good to come out before round numbers 1000 but this recently battered and will have lost some power
Target 1 1121
Target 2 1230
Target 3 1363
To make dollars your decisions have to make sense; We are entering well into the move up which increases possibility of loss. You need to decide if that suits your personality It’s a long way to Target 1, if you want to bank some early you are welcome to.
Ethereum is about to have a bad dayBlue: Resistance from Jan 29 onward.
Green: Major resistance formed by neckline, which has already been rejected recently.
Pink: EMA55: Dancing on a fine line with the EMA, and struggling to get above it.
Orange: EMA200 - Also, fighting to get above it.
Red: Most relevant support to watch. Quickly coming to the apex of the wedge formed by all support/resistance lines.
Light blue: Major support formed by inverse H&S already broken.
Yellow: Volume is in the gutter and down trending.
I don't see any saving grace for Ethereum right now. We are still in a bear trend, and the bulls do not have the volume to push out of this apex with massive upside resistance.
See previous analysis for where I think we are headed. We did break out of the rising wedge downward as predicted.
ETHUSD - capitulation imminent!This is my first chart published here. Privately, among a few other traders, I've been maligned for my bearishness since the holidays. I was calling for a healthy bias check of the overwhelming bullishness among small traders and adopters in the market.
As you can see, I've drawn up where there is showing support, but the bears are still very much in control of this market. ETH is still tied to BTCUSD's fate, but I still believe it will remain strong over the longterm, creating a wonderful buy in once our qualifiers are met. Right now, we don't want to catch this knife. I have seen $650 as the threshold to be crossed for capitulation and $500 is our despair floor. We can always go further, but we should see some good back and forth here for a bit.
Charts aren't everything. I look at them this way: Charts are Tarot Cards, in that there's a fair amount of chance/luck involved, but we are all looking at a similar set of cards. Along with news, great projects, sentiment, we can use charts to trade with a bit more confidence.
I'm just putting this out there. I am not a seasoned trader by any means. I traded options in '09 and '10, and am new to crypto, but I love the volatility. Loads of opportunity here once things settle down again.
Good luck out there.
ETHUSDDon't try to catch this falling knife. Since before new years I've been calling a correction in the midst of this outrageously bullish crypto community. Here we are. I'm looking to jump in on ETHUSD in the low 600s as BTCUSD looks to cross below 6.5k.
RSI indicators showing severely overbought, but due to overall sentiment, we could churn at these 600-900 levels for a while.
Lets see if 700,- holdsI'm currently on the sidelines after 1000,- broke and recent higher low around 1300, suggests more downside. Bollingers are also capping upside which usually means it will either stay for a while around the 700-900,- level before more upside or push it back to around 400,-
If you have a long bias I would be cautious jumping in here.