ETH/USD Promising Action!On the H1 chart for COINBASE:ETHUSD appears price broken through the S/R box with conviction on that second hourly candle after the impulse move. Finding consolidation above the box and at the 100EMAA could spell for another move up if volume stays heavy enough. Trade Responsibly.
Cheers
~Chloster
Ethusdidea
ETHUSD? what next movement? price analysis?Hey guys, i know it's quite late for short but can still grab some profit. Seem like market following down channel pattern from a very long time and recently tested it's resistance as per channel but before that we see a small consolidation near resistance and breakdown and market moving down and can test our support line (Purple) drawn and market can again consolidate nearby there. We will update our idea as per market till then happy trading.
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
ETH/USD, downtrend under 100 $Hi guys !
Today i shared an analysis on ETHUSD.
Ethereum looks not good and not ready to go up !
Currently, the last hope is the yellow uptrend from may 2017, now ETH looks use it to bounce and resist to lower prices, but i think it'll not enough.
For me, a big downtrend is formatting since the highest prices (more than 1000$, yes i know it was the good time) and can push Ethereum's price to 100 $ or less !
That's only my point of view, but for me it's really not the good time to buy more ETH.
Furthermore, RSI signal is on downtrend mode too and isn't a good thing.
The next weeks will be very interesting and important for everyone !
Thanks for your time.
ETH/BTC bounced up with Giant VolumeThere was Long — term down trend Since Jun 18. It finished near weekly level $198 with powerful Volume.
Lon -term trend can stop only such Giant position of Big players as we saw it on Ethereum chart.
For us It is a signal that the price can move up to Mirror level $362.
I prefer to maximize my potential profit, that's why I will open
A Long near: $231
S/L: $215
T/P: $344
What do you think about Eth? Write it in comments please.
P.S. Push like and subscribe if you want to see more signals in the future. I'll write when to open a deal if this post get 45 like.
Use proper risk management!
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
Kenji signals: sell ETHUSDToday, the indicator "Kenji" on the daily ETHUSD chart generated a sell signal.
Let's give some explanations on this signal.
This is the ordinary signal to open the trade with a basic volume .
According to the indicator, the price of ETHUSD is currently in the active downtrend phase (the area between the fast and slow average is colored red). At the same time, current prices entered the sales zone, which led to the formation of a "sell" signal. This short position remains relevant until either the market conditions change (for example, the downtrend changes to flat or uptrend), or a signal to close it appears (a red cross indicating a strong divergence between the price and average values).
Recall, work in a trend is one of the most comfortable and potentially successful trading options.
For reference:
The "Kenji" indicator is a brand new look at the average analysis. The main problem of most trading strategies and indicators based on the average analysis is a number of false signals in the case of flat and trend reverse (for example, frequent crossings of the averages, frequent changes in the direction of the averages, etc.). As a result, averages analysis cannot show its real power and effectiveness.
The Kenji indicator using a unique algorithm avoids the most common average analysis traps and significantly improves the quality of signals by determining the current state of the market (using the color indication "Kenji" shows the current state of the market: red color - downtrend, blue - uptrend, green - flat).
It generates signals for comfortable trading in a local trend. The indicator provides information on both the timing position opening and the moments of profit taking. It also helps to determine the level of aggressiveness of a signal. This makes the "Kenji" indicator a very useful tool both for novice and experienced traders.
Ethereum corrected 85% from its ATH 1420$Ethereum corrected 85% from its All Time High 1420$. Going under a falling wedge from May/2018. If ETH break this wedge upside only then we can see ETH to go up. Cryptocurrency correct between 70 to 85% from its ATH. Ethereum corrected 85% till now or may go to 90% correction where Ethereum has a support at 130$ ETH will go to 130$ if Bitcoin cross below 5800$. Current immediate resistance of ETH is at 254.26$ and immediate support at 191.46$
Ethereum Master Analysis for future price predictionEthereum is one of the weakest currency among the major name of top Cryptocurrency. I had posted a analysis of Ethereum to my paid group one month back when Ethereum was 450$ and ethereum broke the trend support line. That time all of my paid group member shorted with 5X leverage and they tripled their total investment in Ethereum.
According to the POL flag Ethereum should go near 60$.
However, on the weekly chart of Ethereum moving averages are far away from the current price and Stochastic RSI is showing oversold for several weeks. If Ethereum hold the support of 138$ then it can jump back to retest 296$ as resistance then it will come to near 60$ according to the POL flag target. If a reversal pattern occurs from 138$ and close above 12 and 26 EMA level then I will close my short position for a short time.