Targeting that 3.618With Ripple taking out ETH on the marketcap leaderboard, you know that it is due for a rally - decision time is fast approaching as the wedge pattern is squeezing the price action around the 700 level . That 1k psych is just too close to not be tested - If BTC remains solid - supported by 14k base structure - it is looking much more likely that we will see a continuation rally accross the board. Lets see what kind of fight ETH has left to challenge XRP for that #2 spot once again - exciting times to be a crypto hodler, this could get very interesting
Etherium
Ethereum (1D) interesting prices based on X-LinesImportant price levels constructed by the indicator x-lines.
-- Instant automatic marking of levels on any trading instrument. Specify the strength of the levels that you want to get and the indicator automatically draws them!
-- Just by putting horizontal lines on x-lines we get truly trade levels!! The more levels we mention, the more accurate the trade picture will be.
-- The adjustment of the indicator is extremely simple, it is possible to change the value of only one parameter: Levels Power, which default value is 9. The higher the value, the weaker the levels, the indicator (correspondingly, the levels becomes larger). In the case of low figures, the indicator shows stronger and more important prices (correspondingly, the levels are getting smaller).
ETH bullrun?ETH broke down the lowest trendline I have drawn on December 8th. One more time it is a resistance line for ETH. If BTC bullrun ends soon, ETH will break out and continue its bullrun. On the other hand, if BTC continues to climb (and if you consider the CME, CBOE and TD Ameritrade BTC additions today, I would expect a huge BTC dump as we have experienced on CBOE BTC addition occasion.
StellarLumens breakout on ascending triangleStellar setting up with an ascending triangle . Volume increasing alongside positive chatter behind this crypto.
Short term goal: $0.25
L ong term goal: $0.50+
ETHBTC Weekly chart LONG LONG LONG - Start stacking ETHEREUMEthereum did not start it big move yet
looking at weekly chart we can easily see that ETH is in the dip and it bounced from the trendline
The target As my Idea says would be at x10 - x12 from current prices (against BTC)
in USD I am expecting 4000$ in 6 months. (about x8)
Make your own study and start stacking ;)
Good luck
A System For Day Trading EtheriumE
Sticking to the 1 hour ETH chart and using the Ultimate Moving Average by ChrisMoody, you can buy into ETH whenever it clearly crosses the green line (indicated by purple arrows)
Again and again, we see that for the next few hours it will trend up. I went back pretty far and this pattern seems to hold steady. I haven't really worked out a method on where to sell, but use your best judgement.
Positive signs for continued rallywhat we see here is a classic market breath scenario - a solid sign that this bull run is not over, and there is a high probability that we will see a continuation of this rally (so long as BTCUSD holds up near these 10k levels.) - my target is $550- $600 levels - aligning with the 161.2 fib extension. Not a strong buy signal but if you are sitting on profits from the initial rally, my recommendation would be HOLD for sure.
Ethereum LongIdea: Ethereum long to the next resistances area. Looking for upside to 350.82.
DISCLAIMER:
This is where I practice ideas and work on my trading techniques. Please note I am only providing my own trading information for insight to my trading techniques, you should do your own due diligence and not take this information as a trade signal. Trade at your own risk.
{BUY SIGNAL - 1:12 RISK:REWARD] ETH/USDT Support bounceAfter a big market gap a shy up trend has been forming in all markets including Etherium, Stoch says that people are buying more, so we can see a possible up movement all the way to the 271 levels, the 265 and 253 resistance levels should be watched closely when tested, if failed you should place a stop-loss using the resistance as reference - 1 ATR + 10% works fine.
Ethereum Ready For A Bigger Correction?Hello Traders,
As we also published a bitcoin daily chart, we wanted to share also the ethereum daily chart. We expected ethereum to reach the $396.24. Now, we are expecting a bigger correction as long as it stays below 396.24 (Invalidation level). When it breaks 396.24 we need to readjust our view!
We won’t be surprised when ethereum corrects to the 50% Fibonacci retracement which comes at around 212. Our Intermarket analysis is indicating currently that ethereum has a potential to correct the $0 line, which basically means that it can correct from $0, 38.2% or more.
Obviously, we don’t know whether it makes a bigger correction or not, BUT our intermarket analysis is indicating it, so we won’t take any long position at this stage anymore, as we made good money last month.
We don’t like selling it we will be now on the sideline.
Hope that helps
Cheers