Ethsignals
ETHUSD 4H-TIMEFRAME ANALYSISETHUSD 4H-TIMEFRAME ANALYSIS
ETH broke the support at 355 with high liquidity
Now it is back to test the area that is now resistance
It needs high liquidity to overcome the resistance
My analysis is that ETH will fail
He will have to return to test the temporary resistance at 310
I will update and share other ideas with the upcoming CRYPTO MARKETS movements
Good luck
15 Minute Time-Frame On ETHUSD Shows The Pressure Building Team Sparkster doesn't usually visit the 15-minute time-frame. SparksterSignals don't normally achieve high expected ROI due to the random-walk volatility at that granularity.
However... the market is at a major cross-road to decide if the 2018/2020 bear trend is truly over... or if the market is still weak as short traders take advantage of FUD and push prices down again.
Here on the 15-minute chart we can see recent trading ranges, with price now squeezing against the $380 level which we have mentioned numerous times in the past week or so.
To re-state:
Consolidation ABOVE $380 signifies a long-term change in market sentiment to a major bullish situation.
Traders will be watching like hawks for short position opportunities or long positions before ETH rallies.
Note: SparksterSignals (including our technical analysis and our algorithmic backtested signals) are not provided as financial advice.
ETHBTC Breaking Out Following SparksterSignals April AnalysisPretty much spot on since we published this analysis back on 24th April!
We still expect ETH to outperform BTC... although BTCUSD still usually provides more reliable trading signals as the market still tends to follow BTC's direction. There are benefits to being the Gorilla in the room, even if it makes you a slow climber.
Are you paying attention? Are you following us for updates? Are you using the tools that we're using? :)
SparksterSignals to the moon!
30% Target For ETHUSD
Whichever way you slice it, Ethereum is in a very good position for strong continuation in June. MACD is up. RSI is still moderate (not overbought). Short-term Moving Averages point up. And price just closed about the Ichimoku Cloud with a tinken-san kijun-san cross-over pointing up.
Next major resistance level is 30% above current price. Will we get there during June?
ETH On A Tear — Complete Recovery Of The 12th March Mega-Drop
ETHUSD has returned to where the market nose-dived back on 12 March. With a few days of price consolidation, the recovery looks strong.
Now with a full recovery and good candle formation, with little resistance shown by the VPVR indicator, today's rally could see us reach our first target this week!
ETHEREUM mysterious bus to 170 or 155 MULTI TIMEFRAME Hi friends, Today I come with a new analysis on Ethereum for the futures lovers( ETHUSDT )
But before I kick start, kindly show me some love by LIKING this post.
In my last analysis on April 17,
I talked about ETH going to 200 while price was still at 152 with main TARGET as 164, 176 and 200. I am happy to say today that all TA calls was successfully hit.The good question here remains WHERE IS ETHEREUM GOING FROM HERE?
using multiple timeframe(1hr, 4hrs, 24hrs) I will try to explain why the next bus is heading to 176 -155 in the meantime.
1HR CHART ANALYSIS
PATTERNS OBSERVED
-RISING WEDGE BEARISH PATTERN (this pattern holds three characteristics : first, the converging trend lines; Second, a pattern declining volume as the price progresses through the pattern; Third, a breakout from one of the trend lines
- Declining volume
-MACD Divergence
POSSIBLE OUTCOME FROM THIS ANALYSIS
I anticipate a breakout reversal base on the 1hr timeframe, and here is why
While price can most likely be out of either trend line above, wedges are known to have a tendency to break in the opposite direction from the trend line. Therefore permit me to say that the rising wedge above won the 1hrs is indicating the more likely potential of falling prices after a breakout of the lower trend line.
Also you can notice the decline in volume of BINANCE:ETHUSDT
For STOP LOSS, I would say that wedge patterns converge to a smaller price channel most times, the distance between the price on the entry of the trade and the price for stop loss is relatively smaller than the start of the pattern.
4HRS CHART ANALYSIS
PATTERNS OBSERVED
-using momentum indicator like RSI shows BEARISH DIVERGENCE (price continue to form higher highs while RSI is forming significant lower highs
-Strong Decline in Volume
-Using PIVOT POINT, (we are currently on a strong resistance at R1also known as Resistance 1 is calculated by = (2*Pivot Point) - Low ( previous period). I will leave the explanation of how to calculate Pivot Levels for another post.
- Declining volume
24hrs Chart
The 1D chart says a lot, it shows that we still have a chance to go up higher than 200 after the pull back is over .
Trade Setup
Entry = If price closes and open below 193 enter a Sell
Target = 176, 164 and 155(take profit at each point as any of this support might lead to reverse)
For STOP LOSS, I would say that wedge patterns converge to a smaller price channel most times, the distance between the price on the entry of the trade and the price for stop loss is relatively smaller than the start of the pattern.
kindly show your love by liking and commenting you views
ETHUSD: Ethereum just bounced off; will it test $200?ETHUSD is rising following bitcoin, it's not clear for now - is it a run to test $190-$200 2nd time or just a small pullback before further fall.
Anyway I have a couple of scalp setups here.
Long scalp, where we can try to buy $177-178 with target around $190, i.e buying pullback of the bullish trend (intraday).
Or short scalp, I like the most, short ~ $195 with targets at $170 and maybe $150.
Currently I'm sitting on the sidelines.
Hit the "LIKE" button and follow to support, thank you.
Information is just for educational purposes, never financial advice. Always do your own research.
ETHUSDt signal, local movement(SHORT)Everything on the chart.
open pos: market
Stop: 179$
take profit: area 164-161$
Risk 1 to 4.5
Hello everyone, almost year ago i have lost my deposit(almost 8btc and i'm still broke w/o deposit and job,I can’t do my favorite thing,It's just free ideas for you) and now i'm trying to get back to the market. If i help you to earn some money i will RLY VERYVERY THANKFULL for your donate(PM to me). Also open to your suggestions(PM).
ETHEREUM Similarities with early 2019 and the Death CrossBefore we start please support this idea with your likes and comments, it is the best way to keep it relevant and support me.
** The Bearish Megaphone and Death Cross **
ETHUSD is on a strong 4 week rise since the $90.00 bottom. That bottom was made on the Lower Low trend line of the Bearish Megaphone pattern that started with June's $365 High, so technically it was backed up. A interesting mix of bearish signs arises as the price is now not only just below the 0.618 Fibonacci retracement level (counting 290.00 as the High) but also a Death Cross on the 1D chart (MA50 crossing below the MA200) is emerging.
** The Fractals **
The above combination of indicators is bearish. On top of that I have discovered similarities on the current trading pattern from the 290 High to the 90 Low (Fractal 1) with the September 2018 - January 2019 sequence (Fractal 2). As you see on the chart, both Fractals stopped on roughly a -68% decline from their Top. Fractal 1 was rejected on its first (and second later) test on the 0.618 Fibonacci level and pulled back to find Support roughly on the 0.236. Assuming the current Death Cross takes effect, we can expect a similar rejection on the 0.618 Fib level (around 185.00) and a pull back to 0.236 Fib (roughly 120.00), assuming the pattern is replicated on the exact same fashion.
Based on Fractal 1 and that pattern alone, we can expect ETH to touch $290.00 again by September 2020. Do you agree with this idea? Feel free to share your work and let me know in the comments section!
Please like, subscribe and share your ideas and charts with the community!
ETH/USD LONG SET UP TO $306Title :ETH/USD BUY LIMIT ORDER
Asset : Crypto Symbol : ETH/USD
Type : Limit Order
Time Frame : 2D
Entry Price 1 : $224.20 Entry Price 2 : $218.68
Stop Loss : $210.00
Take Profit 1: $237.40
TP 2: $260
TP3: $276
TP.4 $300
The reversal higher took place after traders tested bids around the 217.83 level during yesterday’s Asian session. Upside price objectives include the 240.72, 241.99, 247.45, 250.04, 255.09, 257.11, 259.14, and 260.41 levels. Below current market activity, traders cite potential technical support around the 211.35, 210.39, 209.02, 207.70, and 204.72 areas. These are levels that represent upside price objectives based on buying activity that has emerged around the 116.25, 142.10, and 154.48 area during recent weeks. Chartists are closely monitoring the convergence of the 50-bar MA (hourly) and the 100-bar MA (hourly).
Price activity is nearest the 50-bar MA (4-hourly) at 213.86 and the 100-bar MA (Hourly) at 224.64.
*Technical Support is expected around 230.27/ 226.38/ 222.73 with Stops expected below.
*Technical Resistance is expected around 243.62/ 247.45/ 250.04 with Stops expected above.
*On 4-Hourly chart, SlowK is Bullishly above SlowD while MACD is Bullishly above MACDAverage.
*On 60-minute chart, SlowK is Bearishly below SlowD while MACD is Bullishly above MACDAverage.
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
Ethereum buyers shouldn't worry and here is why!Cryptos have a habit of repeating some patterns over and over again. Ethereum is no different.
I took a closer look to Ethereum's bull market and in particularly 3 fractals which all appear to share a similar candle action to ETH's price volatility from October 2018 to date.
Initial price drop, high volatility (consolidation) with an obvious Resistance and then aggressive rise. The exception is Fractal B which consolidated longer (almost twice as long) making a re-test of the initial drop/ low (even slightly breaking) it, before it broke out. It did however increase much more than then other two (around +4,300% as opposed to Fractal A +1,800% and Fractal C +480%.
Assuming that ETHUSD hit the bear cycle's bottom in December, we can expect it to start rising more aggressively on the short term. If I had to make a pick one Fractal of the three to fulfill this scenario that would be Fractal B as in duration it is much more similar to Bitcoin's expected consolidation phase. In that case we have roughly another 175 days of trading between the cycle's bottom ~80 and current Resistance ~ 185.
Do you think ETH bulls need to worry? Hit me with your estimate in the comments section!!