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Ethtrading

ETH Bullish and Bearish scenario TA and targets- QuantRsi 1D+12H- I apologize for the chart formatting, TradingView needs to add a preview button and allow chart manipulation during a preview stage. I'm using multiple monitors and the charts looks great until it gets published... I feel like any bearish sentiment will be wildly unpopular, however the technicals indicate that ETH may be on the brink of slipping into a bearish formation with the potential for a big slide. That said, there is also the possibility of consolidation and continuation to higher highs, with some pretty bullish short term targets. Here are my targets and some narrative into how I'm using the QuantRsi and Heffae Cloud indicators to establish these levels. Refer to the chart and related ideas for reference! Happy trading!
BITFINEX:ETHUSD
by SNOW_CITY
2
ETH/USD - Longer timeframes signaling down; 4H support holdsChart is Heffae Clouds 4Hour (left) and 8Hour (right) I added arrows to highlight signals you may trade on with the cloud SnR paths. The "target" on the current 4H candle is the RealTime Additive, which is a trend indicator, and can act as resistance here if the trend is to continue down. The 8Hour has signaled a drop out of cloud bottom, which is bearish. Soon price will interact with the Daily: Pictrued is both alternate path preset 1,1 as well as default settings (0,0) Targets 210 -206
BITFINEX:ETHUSDShort
by SNOW_CITY
$ETH WILL BE Rise Again! But When?1. Bear market has surpress a lot of assets in this game, including Ethereum 2. ETH is one the most scalable until now, it's hard to replace them unless they are not fixing their problem 3. Most ICO selling their ETH, that makes other additional down ward pushes for ETH 4. Some of token on the Ethereum network changing lane and make their own network. To name a few: Tron, POA, etc 5. ETH has some issues back then that proven was a fatal mistake. ETH making progress towards it as they starting to develop ETH V.2 6. ETH actually really having quite issues, the original ETH is then called as Ethereum Classic 7. Chart is so oversold at the moment, but due to BTC volatility, still wanted to see a few downward to 190-ish range. Very unlikely and very likely. Just watch the market. It should make a double bottom as confirmation... but yeah, well, market bow to nobody, unless you have big cash. 8. Up there is my opinion towards ETH market condition until the next bull run, it could be any month from now on to mid 2019. 9. Support me by sharing this idea, giving your likes, comment below and follow me Trade safe!
COINBASE:ETHUSD
by blockchaindedi