ETHEREUM - ETHUSD - BEHAVING AS EXPECTED - $233 AND MOREHey guys, if you have see my last post on this pair you would have seen/identified that ethereum seems to be in an upward channel.
if this is the case, we could see a drop down soon. currently, we have completed AB wave looking to complete the C wave at around $180. at this point we have a resistance that
could drop price down to round $127-$111.
Another Possibility is - if it breaks the $180 barrier then we are looking at the move up to around $233
ETHUSD looking good and behaving in a good way
See previous analysis
PLEASE SUPPORT THE MOVEMENT WITH YOUR LIKES, COMMENTS AND FOLLOW FOR MORE
Ethusdanalysis
ETH/USD weekly overviewThe Ethereum cryptocurrency has appreciated about 20.52% in values against the US Dollar during the past week. The pair breached the 200-hour simple moving average at 123.4 during last Friday’s trading session.
As for the near future, it is likely that the ETH/USD pair continues its upward journey and probably target the 150.00 area. Furthermore, technical indicators flash buy signals on both the 4(H) and the daily time frames.
On the other hand, the blockchain could reverse from the current price level at 125.6 and aim for a support cluster formed by the combination of the 50– and 100-hour SMAs at 119.2 during the following trading sessions.
ETHUSD - US dollar getting weak ETH price getting higherHello,
I was asked to present analysis or ETHUSD. Situation is very similar as with Bitcoin. Price rise due to weaker USD (you can see EURUSD or any currency pair).
We still have pretty strong momentum t the upper side. Support on levels: 141.50, 25% - 141.07. resistance is on 150.00 level.
Look to the let and you will see how price passed trough that level with momentum candle.
Cheers,
Jim
ETHUSD - COULD IT HIT $180 SOON?IF I AM CORRECT AND ethusd IS FORMING AN upward channel, then we might be seeing ETHUSD hitting $180 dollars in a few days to a week. keep your eyes on xrpusd, and btcusd for the price action as that also affects this crypto
See previous analysis
PLEASE SUPPORT THE MOVEMENT WITH YOUR LIKES, COMMENTS AND FOLLOW FOR MORE
Ethereum will continue to surgeThe ETH/USD pair has been trading in an ascending channel pattern since the middle of December.
The Ethereum cryptocurrency breached the upper boundary of a dominant descending channel at 150.5 on January 4.
Given that a breakout had occurred, it is likely that the blockchain will continue moving north towards a resistance cluster formed by the combination of the weekly and the monthly PPs at the 170.00 mark.
Meanwhile, technical indicators suggest that the rally will continue during the following trading session.
ETH - Possible DOJI ReversalThis is the same graph that made me want to short the daily close before the recent DOWNFALL!
- Looking back, seems like a potential bounce could be incoming.
- See the past red & green boxes
- Doji has potentially formed on the daily!
Will be watching today for bullish activity...
- Weekly close should be interesting
- Bullish targets labeled above!
- Bottom shorters could lead to short term bounce
Looking for a LTF entry point...
Logical stop would be below the DOJI
Doji info: en.wikipedia.org(candlestick_pattern)#/media/File:Morningstar-wikipedia.jpg
Ethereum creating Wave 5 little bullish !Hello guys this is ETHUSD 4 Hour Chart, currently Ethereum is on support zone & Elliott wave 4 and pullback from here will create wave 5.
After breaking resistances Ethereum retested the resistances as support by creating and following Elliot wave, so a bounce back will complete the wave 5
ETH H4 RSI Bearish Divergence On the 4 Hour Chart of ETHUSD we have 2 bull and 2 bear target.
1st bull target is 270$
2nd bull Target is 298$
1st bear Target is 167$
2nd bear target is between 110$ - 90$
RSI is showing bearish divergence.
Most likely Ethereum will Break the Red Trend support, we should look at the trend support & Resistance 224.44$. 100 MA will also work as resistance on the 4 Hour Chart.