Ethereum still SHORT but Trendchange LONG if 320 will reachedHello to all watching my charts
Th Ethereum / USD ETHUSD there is a Long channel building up
since yesterday which has now a chance to send us a new direction next.
But i think its important that these pair jumps above the
2 resistances and reachs 320 next.
In that case we would have a break out of our shortchannel
(this case is marked ARROW in Purple)
Otherwise also stay in short is possible
(Arrow marked in Blue)
or something between us which is not a clear direction
Let see what will happens tomorrow
I will update you
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Good trades
Renkotrade
Ethusdforecast
ETHUSD Forecast SHORT 1 HR ChartHello to all watching my charts
Here in Ethereum we do see similar situation as in Bitcoin BUT !!
this pair ETHUSD is much weaker than BTCUSD, broke all supports !! and is now
in a Longchannel but only included in my bigger and longer and stronger
Shortchannel system
So only if the pair reach my "ARROW POINT" and comes totally out of the
shortchannel we can think of going long again.
But as so much supports have been brokesn
i wold be very very couations with longs here in that pair.
Resistance of 315 also in Front against the Longs...
Good trades
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Renkotrade
ETHUSD LONG 1 HR Chart 26.7.Hellto all watching my charts
Ethereum has startet the next rocket to the upside
and had stopped the short consolidation aerea.
Now we have a bug jump today out of the normal Long chanel
on the upside to a
steeper channel which is very impressive.
So at the moment i cant say anythong than LONG LONG LOONG
I do really hope you are in a long position.
Good trades
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Renkotrade
ETHUSD Ethereum LONG 1 HR ChartHello to all watching my charts
Lets have again a closer look to these ETHUSD Ethereum pair
As shown in my last chart the long momentum has lost
a lttle bit , but we are still long.
The shortchannel is long and of course the longerchannelsystem also
It does not seems to be for me that these pair wiill now jump up to
340 but it has made a big jump from 260 aerea to 310
so we have to be little bit patient for the next move.
And again,. dont trust these " Short, Short " cryers...
Maybe we will have a short situation in the future
but for today there is nothing to see like this here.
Good trades
If you want to support my work and my charts, please like them...
Renkotrade
Short-term signal #Ethereum #ethusdSo, first of all, we're still 75% off the peak as you can see, Ethereum broke the resistance at $ 288, the big red cloud actually warns that we are still on a downward trend, but there is no doubt that the Ethereum is on the safe way to the moving average line 100, to 384$ in the short term.
ETHUSD approaching resistance, look out for potential reversal!ETHUSD is approaching its resistance at 371.18 where it is could reverse down to its support at 311.34
Disclaimer:
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
ETHUSD Ethereum LONG 1 HR ChartHello to all watching my charts
Here is Ehereum again in the focus.
Still long
But we have 2 moves here.
First and bigger move is clear to the upside (blue trendchannel long)
but my the shorttime system is now even flat. !!
So we have to get an eye again on the bigger and longer timechannel
to check whats going on.
Dont follow the guys which tells you Short, Short, Short..
cause we should have here the rule:
We should trade what is really happens in the chart
and not what could happen in the future...
So till the blue channel hold i suggets to stay long...
No Sign of short at these time
2 Possibilites are in status:
First : The pair ignores the short time flat signal
and is smoothly running further up in my longsyystem (blue lines)
Maybe...
Second: The pair follows the shorttime signal as shown flat in the shorttime system and the long
is over and a more sideways trend will follow.
As a consolidation.
Only if ETHUSD break both channels to the downside i suppest to talk about short.
Good trades
If you want to support my work and chart please like them...
Renkotrade
ETHUSD LONG 1 HTR Chart 21.6.2019Hello to all watching my charts
As driven from good new for ETH this pair
rise massive.
Please check my last Chart 1 day ago "Maybe Trendchange to long is coming"..
So my shortchannesystem told us yesterday to be very cautious
with short and have an eye on of a possible trendchange which really
now 1 day later has been fullfiilled.
And in addition my shorter chanelsystem is going to the roof
to more Long is to come in my oppionion.
Good trades
If you want to support my work and my charts please like them...
Renkotrade
ETHUSD SHORT 1 HRHello to all watching my charts.
Here is my update from ETH Ethereum / USD
Today it broke the low at 265.70 and made no new highs.
So we have now lower lows and lower highs which is
clear indication of a downtrend.
Long is gone AND we have a complete new situation
with the new short channel.
How far can this trade go ?
Always a difficult question.
As you know i hate support and resistance lines
cause in most cases they dont work,
but to give you some advice :
The next bigger support in my eyes is around 253,39 which has
been old resistance (7.6.) and also support (14.6.)
Good trades
Renkotrade
Ethereum (ETHUSD) - making moves - What next?Etherum just Like Bitcoin is creating a diagonal
Expecting More move to the upside. Should it
continue to move below the $230 rejoin then
we will see move move down
Please share your thoughts and views on my analysis and don't forget to like it and share with others.
ETH - Seriously, it's time to buy!Good day traders.
Keeping this brief because it's simple.
Week of May 6th 2019, ETH had a 15 MA / 30 MA crossover with positive rising momentum and increased volume.
Back test and you will discover it happened on 03/06/17 when ETH was at $23.39.
If you invested $1000 and sold when indicator crossed-under (May 4th 2018) at $714 your profit be approximately $30000! That's assuming you waited for 15 MA / 30 MA cross-under.
Simple yet effective which is what I like! Love technical analysis but most lead to paralysis.
Add 2 Moving Average indicators - lengths 15 and 30 close
Add Volume - length 20
Add Momentum - length 25
15 MA crossover (from underneath) 30 MA and there is rising momentum with increased volume means time to BUY
Selling is an art but this indicator will cross-under and tell you "you should have sold sooner".
Not financial advise. This is only my opinion that's based on my edge and trading plan. Please do yourself a favor and do your own research! Never, ever risk your hard earned money without due diligence.
It's Saturday and summer so I will be heading to water...pool or lake. Enjoy life our time is limited.
Ethereum POSSIBLE SHORTETH POSSIBLE SHORT
Seems liek price is respectin the broken previous highs and weekly support creatign a daily structure adn wedge pattern that should lead the price to a new bullish leg atleast to the 187.00 area but if price close below 155.00 it could drop to the 146.00 area
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
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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
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