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ETH (Prj.Y19.P02.E04).Approaching Macro ResistanceObservations: Daily 200 EMA strong resistance (blue line) Bullish momentum due to BTC rally Downward trend \ channel not broken Key fib level reached - 0.5 fib retracement on 1 HRLY CHART below Next target 0.382 fib level (203) on 1 HRLY CHART below RSI has room for the upside, on the daily. ALT dominance looks weak whereas BTC dominance looks like eminent upwards bounce\break off the EMA ribbon (100 EMA) Thoughts: I expect 200 to be hit then a pullback and more sideways ranging movement. Macro level ALT Dominance Chart BTC Dominance Chart
Short
by ssari
ETHUSD today analysis, 191009. "ETH is better than BTC to buy"Hello, my friends. It's Cryptoranger K. Today, I saw the difference between BTC and ETH after looking at the price flow. As far as I can see, BTC is drawing a falling pennant while ETH seems to be drawing a rising pennant. Many people think that the price will fall if the bottom of the triangle becomes flat when drawing the pennant shape, and on the contrary, the price will rise if the top of the triangle becomes flat. And in general, the price moves as mentioned earlier. But I think the more important thing than the shape of a triangle is the place where the triangle is made. The shape of the triangle can look different depending on the viewer. (What I'm talking about today doesn't mean that the pennant shapes in BTC and ETH are out of the ordinary.) The ETH chart above is a daily chart. '2)' is the pennant of the recent price flow, and '1)' is the pennant of the price flow before the recent rise. And you can see that these two pennants have a similar shape. Not only that, but the resistance zones that hit above are similar.
POLONIEX:ETHUSDLong
by Crypto_Ranger_K
2
ETHUSD today analysis, 191007. I think it still need 1 more fallHello, my friends. It's Cryptoranger K. After a long time, the main altcoins show the white body as a whole. When I saw this, I would always shake my heart. And I used to buy in anxiety that I might miss the chance of rising. Is XRP climbing the most now? There are many opinions that other altcoins will rise because XRP is up. Personally I don't trust company based cryptocurrencies. Of the large altcoins, Ripple is not particularly fond of, so I don't care if XRP goes up or not. So let's analyze ETH without Ripple. I think the price of ETH is quite likely to rise in a month or two. However, I do not think the rise in ETH will happen immediately after XRP is up. Based on the ETH week chart, the intersection of the 5, 10, and 50 day lines is likely to appear the next week or two later. First of all, I think it is important what the candle looks like here. Personally, I believe that the ETH trend is still falling, so the candle on that day will not rise through that intersection. Then I can ask the following questions. "If the price of ETH falls on the resistance of the intersection, how far will it fall?" I'm positive about the current one-week stochastic's appearance of the Golden Cross. But there is only one positive part that is currently showing me. There is still a lot of resistance, and in the medium to long term, the price of ETH is still in decline. Personally, I hope to rise in the Ichimoku Cloud. But given the trend, it's more likely that it won't happen. The important thing is to see that the direction of the 10-day line changes. But in order to do that, it is only possible to make the price come back after the price drops once more. I hope that if the price drops to around $ 155 at this point and then comes back up quickly, it will create the flow I want. Then I'll look at what the price flow looks like and judge the rise or fall once again. (Worst case, I think it can fall to $ 139. And $ 139 is the previous low.) Although I am waiting for one drop, I believe there will be a period of reduced volatility in the near future. If I have to buy ETH first rather than BTC, then the interval where volatility diminishes will be the point where I buy ETH. Today's analysis is up to here. Seoul has been raining since Monday. I am cheering you on doing your best every day by posting an analysis like this. I sincerely hope that you will always make a successful investment with peace of mind. Thank you.
POLONIEX:ETHUSDShort
by Crypto_Ranger_K
ETH (Prj.2019.P02.E03). MACRO Level TAMany things look bearish but more so undecided at this point, hence I would expect sideways movement for some time even though some things have confluence (favorite word to explain things in common) in the bearish direction. ********** If I was to make a call for ETH, I would say there is more downward pressure for the long term because of the strong rejection. ************************ In short: a) ALT Dominance chart still in the down trend, at best it can go sideways. b) BTC holds up better than ALTs in a down trend. Last 2 days, BTC found gains and I would expect this to continue. c) ADX and DI indicator shows in the 4 hrly chart, more down ward pressure d) RSI hitting 8%, accepting that its oversold, however this doesn't mean it will bounce up quickly e) Accumulation index is below 0 f) I have ETH still in the downward channel with a strong rejection at the top of it. ETH WEEKLY Chart: All EMA\SMA above the price, strong rejection. ETH 3 Day perspective Price in the strong support range and hence why I expect more sideways movement in the short term. Hence I would wait and observe some more ALT Dominance chart BTC Dominance chart (4 HRLY Chart) BTC Dom. Daily chart Interesting to note, GOLD has gone up around the same time? 4 HRLY chart
Long
by ssari
3
ETHBTC Analysis 08/06/19Ethereum keeps struggling against the Bitcoin with no sign of any attempt by the buyers that would lead us to expect some relief in the near-term. The pair keeps diving toward new year lows, for now sitting at 0.019 BTC. Sellers are fully in control as they have since the beginning of the year. Ethereum is strongly suffering from Bitcoin's dominance that keeps rising. Stochastic is showing some bullish divergence with current price trend but as this isn't backed by volume, we could see the stochastic oscillator crossing back below the oversold line. There is still no sign of any reversal and we expect rebounds to be sold in the near term. 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 .
by tokenmetrics
ETHBTC Analysis 08/05/19Ethereum broke through the 0.02 level, making a new year low at 0.0194. Since the beginning of the year, Ethereum has kept making lower lows and lower highs. Bitcoin dominance keeps growing is now at 67.7% vs 65.5% last week. Bitcoin's pumping phase is not over and sends a clear signal that investors are not yet inclined in transferring some of their funds in bitcoin toward altcoins. With the federal reserve rate cut and the continuing quantitative easing, we expect risk-appetite to grow among investors on the medium-term. The stochastic oscillator has bounced back from the oversold zone, showing a crossover. However, volume remains low, therefore any entered position should be done with caution. As ethereum keeps evolving in a strong downtrend, we expect any rebound to be short lived, sellers taking them as advantage to enter. We expect the downtrend to continue in the near future. 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 .
by tokenmetrics
1
ETHBTC Analysis 08/01/19ETH continues its lower drift toward the year lows and support level at 0.02. ETHBTC remains bearish and doesn't show any sign of reversal as BTC dominance keeps climbing. A bounce could be expected around the 0.02 level but buyers would have to reclaim the 0.023 level and hold it in order to bring some relief. 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 .
by tokenmetrics
ETHBTC Analysis 08/01/19ETHBTC bounce was short lived as the pair went back on the down road, following its downtrend. We are seeing some oversold signal on stochastic oscillator that let us believe that we could see a rebound in the short term but near resistance keeps capping any attempt to prop this pair up. We expect sellers to short the rebounds along with long covering, targeting the year lows at 0.02 BTC. 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 .
by tokenmetrics
2
ETHBTC AnalysisContinuing rebound after hit yearly lows at 0.02 btc level which became strong support showing a possible bottom island formation. Oscillating between downtrend and support while volume decrease. No signs of reversal to the upside. 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 .
by tokenmetrics
ETHUSD Ethereum NEUTRAL RANGE Trading 1 HR Chart#Ethereum #Bitoin #Litecoin Hello to all watching my charts. Since a week Ethereum is trading in a range beween 200/204 and 235 We have to wait what happens next. Whether the pair falls below support range 200/204 and ist short again or if it will find bottom now in that range here and comes back to climb above 235 and startet a new try to higher prices and goes long. At the moment nothing to do If you think that this range will last longer (which i doubt at a crypto pair) it would be possible to do a range trading : buy at 204 , sell at 224 / 234. But as Ethereum does similar to other cryptos in some cases big jumps that would be not my first oppinion. Good tardes If you want to support my work and my trades please like the,.. Renkotrade
BITSTAMP:ETHUSD
by Renkotrade
1
Ethereum (ETH) Bulls Eyeing New HighsYesterday's daily close above the $300 key resistance meant that Ethereum bulls are likely eyeing new highs. That said, the market could see further consolidation within the ascending triangle pattern in the next few days but a test on the upper triangle at $325 - $330 is very likely. Even though this kind of pattern tends to be bullish biased, we should not make any hasty conclusion as the market has yet to solidify its course, which can only be confirmed by a prevailing breakout from the triangle. Until then, there are two things to watch out for: 1. A trend reversal as price protrudes from the upper triangle, as what the sample pattern on the upper right illustrates. 2. A breach below the lower triangle is probably the best time to exit the market.
BITFINEX:ETHUSD
by UnknownUnicorn4306966
2
Ethereum ETHUSD SHORT 1 HR Short 2 Supports broken Hello to all watching my charts Yesterday we talked about the steep steep UP channel here and now since tonight we got not even a pullback we got a break of 2 supports and a shortchannelsystem The second brake has come in at 7.00 am in the morning today and now we are on a short train here Right now in this minutes even the great long channel (blue) has been broken So thats shure a short idea now. Good trades If you want to support my work and my charts please like them... Renkotrade
BITSTAMP:ETHUSDShort
by Renkotrade
1
ETHUSD Ethereum LONG 1 HR ChartHello to all watching my charts Nothing really new to tell you here in this pair. Its still LONG as you check the purple longchannel of my trading system What is to mention, that in the short timeframe (blue lines) the power has little bit lost and the angel in not longer such steep as it has been in the days before (purple lines ) but in my eyes that just normal after such a rally of nearly 15%. So be little bit patience and i do hope you are in a long position. If something will change massive i let you know. - If you want to support my work and my charts, please be so kind and like them... Good trades Renkotrade
BITSTAMP:ETHUSDLong
by Renkotrade
ETHUSD LONG 1HR ChartHello to all watching my charts. I am starting today a check of Ethereum and will bring you more Crypto Charts the next time Why ? Cause the possibility of trading these pairs in my oppionion has been dramatically changed to much smaller spreads and daytrading if wanted , is now possible with positive results. So lets come back to ETH: What do we see ? Its easy: We have a nice and strong LONG channel in which the pair is running up. So run with that in Long diretion so long as the pair continue in that channel. I will update you Good tardes Renkotrade
BITSTAMP:ETHUSDLong
by Renkotrade
3
ETHUSD - 1D Chart AnalysisJust like in the case of the other major coins, the price of Ethereum has also managed to position itself above the 20 days Moving Average on the 8th of February, being stimulated by the increased trading volumes after 1 month of losses. It's important to notice that the indicators which have announced the 45% increase which was registered since then are the Stochastic and the MACD, with both registering a crossovers with one day in advance. Today, even if the trend is still "bullish", there are few reasons according to which a possible "slow-down" of the price may happen anytime soon : * The upper standard deviation of the Bollinger Bands has been reached, meaning that the price is considered "overbought"; * The RSI has the level of 70, showing the same as the Bollinger Bands does; * Both Moving Averages of the Stochastic are above the level of 80 and on top of this, there is also a crossover which was registered today signaling a possible change in the price direction * The MACD seems to keep it's position at the top of the Signal for now, meaning that the trend has big chances to remain the same. Based on these circumstances, the main scenario remains the one in which the price will start it's sideways movement before having an attempt of reaching the level of 161$. On the other hand, if the trading volumes will fail to keep the actual consistency and the MACD will cross the Signal again, it will be a clear indication that the price will drop, with a possible target of 123$.
BITFINEX:ETHUSD
by ReadBTC
ETHUSD - 1D Chart AnalysisIf we go back in the days in which the whole sector used to go through amazing times, a movement like the one registered by the price of Ethereum on the 8th of February would have had less chances to be considered impressing. But nowadays, after the market drop we could see in 2018, a price movement from 105$ to 121$ is huge and for sure it brought back some of the hopes. However, even if the market is very low compared to it's heights, we have to admit that the entire sector keeps it's specifications and remains like a "wild horse" compared to the rest. After 29 consecutive days of bearish trend, we can easily go back in time and compare the elements which signaled such a period, so we can see if there's anything which can help us in our forecast. Therefore, on the 6th of January we could see the "fast" line of the Stochastic going below the "slow" one, signaling a potential decrease of the price which eventually happened. After 4 days of dropping we could see how the price went below the 20 days Moving Average, when the "Bearish" trend has officially started. The cross has been announced by the MACD in the same day as well, with it's Signal line maintaining it's position at the top. Today, we are 3 days after the 15% increase of the price which was signaled by both of the previous indicators and we have a small contradiction between it as it follows : * The MACD is still above the Signal, meaning that the bullish trend may continue; * The "fast" line of the Stochastic is still above the "low" one but as long as these one are about to cross each other it is possible to see a change in the price direction. * On top of this, the trading volumes are moderate and the RSI is maintaining it's neutral position, meaning that there are small chances to see an aggressive movement. Based on all these details, we have 2 possible scenarios : 1. The price will start moving sideways between the Pivot Level and the Resistance Level 1, consolidating it's position, with the possibility of going towards 138$ for the upcoming days 2. After the period in which it will move sideways, the price will go below the Pivot Level with a possible target at 107$. Considering the low level of the trading volumes, we are tempted to say that the 2nd scenario has bigger chances to be caught off.
BITFINEX:ETHUSD
by ReadBTC