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Ethpriceanalysis

Biggest Downfall of ETHEREUMEthereum has confronted an accident underneath $160 this year, learnt by The Coin Republic. It is said that this week has been risky for ethereum. The ruin was unforeseen of it as in the ongoing occasions ethereum was performing truly well like it generally does. It would hold a meeting in Osaka this year. The defeat was undoubtedly a brutal blow on it. It was at that point dropped to $220 and after that to $160 per token. The following day ended up being accidental as the value rose to $175. Hopefulness and confidence in ethereum were reestablished in dealers.The crash in the price of ethereum has given rise to a panic-stricken situation in the Relative Strength Index. This is surmised that the coins have been overbought and has been sold out at such a rapid rate that it has been oversold which has stricken panic amongst the traders. News Source : TheCoinRepublic
BITFINEX:ETHUSD
by TheCoinRepublic
Ethereum Price Analysis - ETH Most Likely to Stay Above $200 Relative Strength Index: The RSI is currently at a healthy 41 points. This signals some sideways trading up ahead. Bollinger Bands: The price is also within the bands' range, however it's touching the lower band. This means the price will try to rebound slightly, at least until the MA line. Volume: There is very little volume for Ethereum at the time of writing, most likely attributed to the fact that it's the weekend. This means the market most likely won't make any major moves anytime soon. Ethereum Price Prediction The RSI, BBs and Volume are all signalling a sideways market up ahead. Combine that with the news that Ethereum is gearing up for ETH 2.0, and we should anticipate some bullish momentum in the coming weeks. My prediction is that ETH will trade at the $200-$210 level for the next few days, before testing new support at higher levels. Read Full Ethereum Price Analysis and Prediction: Cryptomode
COINBASE:ETHUSDLong
by nulltxmark
ETH SCENARIO UPDATE (3) 170$ !Traders, Here we have ETHUSD 1D chart. After reaching our target perfectly from last update we need to take a breathe with ethereum and correction or pullback or call it as you want. By watching the same previous levels to correct we will notice a left shoulder is formed before and now we are in the right shoulder, so we need to reach 170$ levels to confirm the pattern H&S which will be perfect to launch a rocket again to new levels will know about it after forming this one here. Hit like if you appreciate this updates. Kindly check main idea about Dow Explaining Everything in this chart here below: and last update about 256$ target which is perfectly reached Regards, Mohsen
BITFINEX:ETHUSDShort
by MohsenCapital
3
ETH RISING WEDGE 845$ !!Traders, Here we have ETHUSD 1D chart. The rising and falling wedge patterns are similar in nature to that of the pattern that we use with our breakout strategy. However because these wedges are directional and thus carry a bullish or bearish connotation. Here with EThereum we have a perfect wedge, but we have many important points to discuss: 1-vol makes anybody be confused to believe it or not especially that we had many many ico scams for ETH nowadays. 2-Retesting may lead us to form a bearish H&S that will lead us to lower low again. 3- VP created a strong resistance equals the biggest one on POC point. 4-After touching 200$ level we need to look sharply to watch any hooks that will lead to a Perfect Breakout stops at 1st red box and catch the retest from there. 5-Again catch the retest of the wedge not the break point. This chart made me remembering this idea: Regards, Mohsen
BITFINEX:ETHUSDLong
by MohsenCapital
4
ETH/USD finds resistance top of 4Hr Cloud; 6Hr HeffaeClouds+QRsiTh last ETH move was strong and fought it's way past every intracloud support, but only after first rejecting from that same path and finding it's way through at lower levels. The 4Hr cloud again proves to be one of the most powerful timeframes, the ideal balance between big-picture 8H and Daily, but reducing a lot of the noise seen on :15 and :30 min TimeFrames. One of my favorite charting techniques with HeffaeClouds is to use the :30min overlaid with the 4Hr, or any split of timeframes that helps give construct to a trend / rally / dump. Once again, I believe that the latest hit on the 4Hour cloud top will be met with a pullback to lower levels before an attempt to break this resistance can be considered. There are several signals supporting this, namely the 4Hour QuantRsi indicator showing a clear-as-day bear div: And the 8Hour showing very, very strong horizontal resistance at this level: Remember, the time to get bullish is not at the excursion of a particular move, it is during the regrouping and how it interacts with supports. This entire move up, ETH has had extremely bullish continuation only after finding supports on the same path it just broke through. Using this same logic we can estimate levels that a pullback from here will stop - It's all in the cloud. Lets further rationalize this resistance level by looking at the 6Hour: Use the cloud shapes and interaction with paths on shorter timeframes - watch the :15 and :30 min while the retracement is in progress for a flip to support - OR spread bids along the 4Hour cloud paths that I've circled. I believe ETH will have some continuation, but the bear div on RSI, tops on 4Hr,6Hr, is ominous!
BITFINEX:ETHUSD
by SNOW_CITY
Approaching MAJOR Support Levels on ETHUSD!!!We have retraced almost 100% of the huge up move we had last summer(2017) until January(2018). There are two MAJOR support levels left on ETH ( light blue horizontal boxes on chart ). Starting to accumulate VERY low leverage longs here could be a good play. Make sure the risk to reward is at least 2:1. Also at TP1 close 33-50% of you position and move stop to break even. Good luck everyone! We are in a down trend so accumulating longs can be risky here since its counter trend but since we are near these key support levels it is time to start looking for reversal patterns around these levels.
BITFINEX:ETHUSDLong
by nick203
if you are wondering : why isn't eth going up ?Here is an answer. Many are asking why aren't Etherum and altcoin moving with BTC While prices seem to mostly follow the same line, some subtle difference can have huge consequences This is exclusively from a TA stand-point. Notice how BTC allow for ETH a second chance at a failed pattern And how that same failure was due to BTC correcting after completing it's own pattern In term of psychology it's much easier to understand. This has happen every single bullrun. Back in the day with LTC, and now with ETH. When new money comes in, it never goes straight for alt. Your first move is never an high risk one. So BTC goes up, and alts stagnate. Consequently money flows out of alts to catch the BTC ride, so alts goes down. BTC starts taking profit and diversify, alts accumulate buyers left behind by BTC and greed invest back into alts : Alts goes up, BTC retrace. So this is actually a good sign !
BITFINEX:ETHUSD
by lady_luck
23
comprehensive analysis1) Trend analysis We have the descending channel of the downtrend We had the rising channel of the swing high And we've just established a new base channel 2)Support and resistance We have tested 480 twice and failed both time, it's the LAST resistance on our way out of the downtrend We have confirmed 450 as a support, if this level break... Well... 3) Candle patterns On the first break out attempt, we have a shooting star , visible on H4 On the second a hanging man , visible on H1 And on the daily we are seeing an evening star . The weekly is showing bullish signs, with a potential, morning star (daily) 4) Indicators If we look at BTC 2.76% , there was a higher high, but RSI made a lower high, this is a negative sign ETH didn't make a new high at all, so RSI means nothing here Macd has been failing to break higher since the first move up, as the arrow point CMF 0.14% is more positive, on H4 it's been rising since yesterday low 5) Elliott Waves An easy EW count is the one on this chart BUT i don't like how MACD fell short of making a new high (and confirming this as a wave 3) A bullish alternative would be 3=i and 4=ii, we went down to fib 0.236 yesterday and that would work better with the indicators A bearish count would see 1 through 3 as a leading diagonal An even more bearish count would see it as an ABC 5) Demark Trendlines I only had upside target up to now, near 520 But i'm starting to have targets to the downside Break out targets in orange 6) Patterns Besides the inverted head and shoulders taht everyone must be talking about, all of the above hint to me to think of a triangle Watch RSI for it's confirmation, it should oscillate within those lines Conclusion : To remain bullish I would like to see a triangle (that would confirm the wave 3 theory) Or a breakout on the next daily candle, that would invalidate the bearish sign (and confirm this as a wave I & ii theory
BITFINEX:ETHUSDLong
by lady_luck
2
ETHUSD the most positive forecast within the last monthOur previous extended analysis was based on IHS formation which was broken at past price movement levels. However there is one more chance for Ethereum to complete this pattern. Indicators are mostly in neutral or bearish state, however it is due to recent growth and entering Ichimoku clouds zone. Hence the growth should continue till the upper edge of green ichi cloud around $690. Situation is very important and crucial as the long term significant Fib resistance level is around $640. Based on the fundamental and technical chart analysis the price has great chances to overcome the resistance. Thus, it becomes possible to consolidate between upper edge of Ichimoku and Fib 0.786 to finish the mentioned pattern. In case of success ETH will start a new wave of long term growth. However the probability s affected by the whole market capitalization of crypto market which has significantly dropped. It also correlates with BTC price movement. However, the crypto market is in fall state for about a month and there are a lot of sign of reverse. It is time to buy cheap and strong alts and ETH is one of the top coins you should buy, just wait a bit till it cross resistance level to be sure in the forecast.
KRAKEN:ETHUSDLong
by Skyrexio
2
ETH Short term price ETH appears to be trending 12345, ABC, 12345 micro waves, within a macro wave. Short term support levels are shown in purple horizontals. Upper support would be circa $880, failure to break and sustain price above this, may see ETH trend within the ST bear range. Previously ETH has been trading in the bullish green zone, however failure to sustain 880, saw the recent trend lower. I remain bullish overall hence the ABC micro correction theory. if we have a sustained break below $855 this may turn bearish. Commentary & further supports to follow.
BITFINEX:ETHUSDLong
by B0101001