ETH to beat BTC in GROWTH (check description)ETHUSD looks like a new increase and the growth is much bigger compared BTC. Let me know what you think of the coin.
Ethusdidea
The bottom of the Ocean is the LIMIT for ETH?As all the Altcoins are heading down, the questions is how low and when will they make a reversal. Looking at the TA looks like ETH is going for a dive as it bloke all supports and trendlines.
- TotoCapital Analysis
ETH may continue SOUTH as BTC's ETF is refusedETH is about to touch the upper line of the downwards trend line and most likely to continue lower. Interesting enough is that the trend has 2 upper lines and only one lower. This gives it more resistance when ETH may try to break up. Given the moment and based on analysis ETH should go down, however cryptos are very unpredictable when it comes to news, therefore something new about it can change its course.
Do you think ETH has a tight link to BTC or is more of a self standing coin?
ETHUSD to experience a brief drop before bouncing backEtherium is expected to drop in the following days and test the support. Due to the unfinished downward movement, it can be expected to favor the long position. However there can be a lot of psychological movements in crypto, therefore anything can happen due to news. What would you say? Do you think it will test the support more than it should or is it going to straight go long?
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.
Is ETHUSD strong enough to break the triangle?Hello guys,
ETHUSD is near the upper trend line of the triangle where prices are bridled from several months.
Now we have to see if it's strong enough to break this trend line. Yesterday prices touched the trend line for the first time, in area $545 (R1), but suddenly were rejected by the dinamic resistance, coming back to the area $520. We have to wait and see if it has the strength to try another time the breaking. If it's able to do it, the first target is to be set to area $580/$590 (R2), where we find the upper trend line of another, bigger triangle.
In case of breaking of thi second resistance (R2) the further target should be set to the 200 daily MAto $715.
Indicators don't give us any particular suggest but volume are not particularly high suggesting a weak movement.
To sum up:
1) if prices break R1: $545----> TP1:$580/$590,
2) if prices break R2: $580/$590 ----> TP2: $715
***This analysis is not a buy or sell advice, it is drawn up for educational purpose only***
Kenji signals: sell ETHUSDToday, the indicator "Kenji" on the daily ETHUSD chart (WTI) 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.
ETHUSD Elliott Wave ViewHello Traders,
In this analysis, we will have a look at ETH/USD in the 4-hour chart.
The rally from 04/01/18 low can be sub-divided in 5 waves with an extended wave 3. The rally to 417.59 was completed in blue wave (1) and it pulled back to 362.42 to complete blue wave (2). Up from there, blue wave (3) completed at 712.58 and dipped to 595.35 to complete blue wave (4) and it followed by new highs to 838.24 to complete an impulsive rally from 04/01/18 low.
After ending the cycle from 04/01/18 low, it dipped to 685 to complete the first leg of a 3 waves correction in blue wave (A) and rallied to 742.46 to end blue wave (B), followed by the decline in wave (C) which reached 543.53 – 496.45 areas where it completed 3 swings in wave ((2))/((B)).
Near-term cycle from 05/28/18 low (491.95) ended in red wave 1 at 06/03/18 peak (629.10). Below from there, we are calling the correction to the cycle from 05/28/18 low now completed in red wave 2 at 06/10/18 low (495.25).
As long as ETHUSD stays above ((2))/((B)) low (495.70) we are expecting the crypto pair to extend higher. However, a break of ((2))/((B)) low at 495.70 would expose a full test of 4/1/2018 low before ETHUSD could attempt to turn higher again. We don’t like selling it and the right side remains to the upside.
ETH/USD is close to key place where we can open...ETH/USD overview. Just take a look on chart, price is so close to key level $628 from which cryptocurrency rate bounced several times. That level is a key zone for big players. You can open short near $628 with goal $400.
If price will move down, it could go to $400. But for us that would be the greatest opportunity to buy ETH for so low price.
I need to explain you, why I think only for short, at this moment. As you know there is no news around cryptocurrency. We have silents. It's a signal that Big players accumulate their positions. They do it in a Range moves. They wait till retail traders will get tired to wait, and sell all their positions for a low price. There could be a big moving after huge range. I see that pattern on every marker on Stock, FX and Crypto too.
ETHUSD the most positive forecast within the last monthOur previous extended analysis was based on IHS formation which was broken at past price movement levels. However there is one more chance for Ethereum to complete this pattern.
Indicators are mostly in neutral or bearish state, however it is due to recent growth and entering Ichimoku clouds zone. Hence the growth should continue till the upper edge of green ichi cloud around $690. Situation is very important and crucial as the long term significant Fib resistance level is around $640. Based on the fundamental and technical chart analysis the price has great chances to overcome the resistance. Thus, it becomes possible to consolidate between upper edge of Ichimoku and Fib 0.786 to finish the mentioned pattern.
In case of success ETH will start a new wave of long term growth. However the probability s affected by the whole market capitalization of crypto market which has significantly dropped. It also correlates with BTC price movement. However, the crypto market is in fall state for about a month and there are a lot of sign of reverse.
It is time to buy cheap and strong alts and ETH is one of the top coins you should buy, just wait a bit till it cross resistance level to be sure in the forecast.
ETH at a support point, or a broken trendline?What is surprising about ETH is even with this larger upside move, we still haven't had MACD cross yet on the daily. We have these 2 trendlines that ETH has formed and we have broken both of them to the downside along with a 4 hour MACD crossover. It has to find support in this 575-580 area to move up from here, but this is crypto and we don't exactly what will happen. But we can manage risk.
It's your call with what you want to do, but here is what I am doing on this ETH pair. You should have gotten in this anywhere from 520 at my support line I identified and told you was my first point a long time ago, or even at these bull flags forming in the 560 area. I will be putting a stop loss just below this support line. Here is why, I can hedge my total portfolio risk and still get out with profit or break even depending on where you entered.
Also, If ETH/BTC breaks this trendline it's forming, it will push this ETH pair further to the downside. Of course, if it continues up from this point, I am still targetting this 650-700 range.
Happy trading,
-Sherem
Time to short Ethereum (ETH/USD)I see a bearish rising wedge for Ethereum on 4h chart also i observed a bearish divergence at histogram of macd. It is a good opportunity to sell ETH/USD.
Profit Targets:
582
548
Stop Loss:
620
Have a nice weekend.
Berk
ETHUSD : Analysis about risingETHUSD H4 chart
As you can see, the indikators are positive. Upward motion can be expected to continue.
First price target 700usd - 720usd range
***This information is not a recommendation to buy or sell. It is to be used for educational purposes only.***
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ETH Fib Support Resistance Zones: updated June 3These zones are calculated from various Fib ratios in recent price action.
The chart is magnified vertically to reduce overlapping prices on my zones - adjust vertical magnification by dragging on the right-side scale on chart.
There are zones above and below the current price range show - so drag chart up and down to see others.
I will add updates as new harmonics are revealed by ongoing price again.
ETHUSD : Jamming to price movements Price between 540 - 590 stuck
610 significant resistance above
Below the red support line, the blue major support line
***This information is not a recommendation to buy or sell. It is to be used for educational purposes only.***
I'm sorry for the impaired expression..Just watch the chart, not what I write. :)
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Time to start bounce hunting for ETH?!Welcome everyone to this holiday update on ETHER!.
You can see that from my last Head and Shoulder analysis that we have gotten a VERY strong move down. Initially, we had some consolidation in this 550-610 range which formed a wedge and furthered the move to the downside. It came down and hit my blue support level at 520 and this 61.8 fib point and it has held up nicely so far. While it's good that my 520 support has held up as support. If we zoom in it just seems to just be forming a bear flag on this 1 hour chart and the bounce to the upside has been minimal... which is concerning. We also need to pay attention to this DAILY MACD, it's crossed into negative territory and looking stronger and RSI has not yet confirmed any sort of bottom. On the smaller time frames we have had confirmations with little move to the upside and MACD is all negative which is something to be concerned with.
That Head and shoulder's pattern was powerful and if we measure it from top to bottom we get roughly a 193 point move. If we move down to a similar magnitude we would get a move down to roughly this 450 area. Do we get a move like that? If we get a move down to this 430-450 area, I would imagine we would have RSI confirming divergence on the daily and it would make for a good entry point.
As much as I want to enter right now for a long position, with a powerful pattern still in full force, MACD going down and RSI to yet confirm divergence I will be sitting on the sidelines for now. This isn't to say that we couldn't not get a move up from this support level. Its very possible and if you are looking for a high risk trade with a tight stop that could possibly be a good entry point. But, it's a sit on the sidelines type situation for me, especially because it's not something I want to worry about while on holiday.
Happy Trading folks,
-Sherem
EthUSD "Repeating history" Idea for monitoringPrevious ideas have shown similarities of EthUSD to previous year trends (one of these comparisons has been shown using arrows); I extend these ideas to monitor long term EthUSD trends.
Note: this is simply based on history, and doesn't account for any project goals or public perception, and is largely for monitoring simply over any actual analysis.
Daytraiding With Ethereum. Wolfe Waves?
Potential Wolfe waves. Supplement to the previous review on the Ethereum. Enter the Sweet Zone, stop behind this zone
