ETH/USD TA Update (Bullish Pattern Confirmed?)ETH/USD
ETH manages to break above the resistance area of this Ascending Triangle pattern today and currently testing is to confirm as new support territory.
If the price will hold current levels for the next 24-48hrs. There is a high chance ETH will further grow up to 260 levels before facing another strong resistance zone.
We have a bullish cross of 50MA and 26 EMA on the 4H time-frame which tells us the momentum shift to the bullish already.
The bearish side is only if price closes below the previous Higher Low at 226. This will lead back to the bearish area again.
Ethusdshort
ETH USD - Symmetric triangle, what awaits us?Hello everyone, Ether has formed something like a symmetric triangle and look forward to leaving it.
it is very important to see what volumes will be on breaking.
Someone believes that we will go higher and growth will resume, but I am more inclined to test the support at the level of 209 - 211
where we can see the reaction of the buyer, if it is weak then the fall will continue. 195 $
For confident growth and purchase of ether, it is necessary to break through the resistance 239-238, then purchases will be more confident.
ETHEREUM TRIANGLE TRADE SETUPETHUSD seems to be making a five-wave impulse decline. Price is currently in wave (iv) which is unfolding as a triangle.
A triangle always precede the last move of a sequence in an impulse pattern. If this count is correct we should see a short-term decline to around $190 to complete the impulse pattern.
What's your thought about Ethereum?
ETH Weekly RejectionETHUSD was rejected at the top of the weekly Gaussian channel, the Gaussian channel on the daily chart can be seen to be bullish currently sitting way above the channel, a retracement back to the channel is healthy. Strong linear regression trend can be observed, also three white soldiers pattern which may result in the inverse three black crows pattern to form to return to the bottom of the regression trend.
ETHUSD - EXPECTING REVERSAL BEFORE MORE UPSIDEANALYSIS ON ETHUSD
Welcome to my analysis
-
DAILY CHart
-
Interesting Point of interest In the ETHUSD pair.
- Price above 200 day EMA.
- look for buy signals to top.
- Watch botom for buy signals
- Watch red line for buys opportunity.
Long term i am expecting move to the upside. Will update soon
Stay Tuned
Ethereum (ETHUSD) ShortStop loss above the previous high.
Take profit in green zone, just a rough estimate of where I think reversal will be for the short term. Hard to say unless price actually goes there.
I believe this will take a couple hours at most, so 15 minute is a good timeframe.
Less likely chance for completion. Previous trade had much higher chance of success.
BTC+ETH (waves) 18/02/2020Hello friends!
In the cryptocurrency markets, price correction has begun.
To date, the primary correctional impulse(wave A) has been successfully formed. In the future, we should expect the tedious movement in waves B, which often do not allow to work.
We recommend looking for the completion of waves B and selling in wave C.
Good luck to all!
ETHUSD - 4HR TECHNICAL ANALYSIS - CRYPTOCURRENCY - ETH USDETHUSD looks like it wants to breakdown, but could definitely see a push higher if we don't reject around 230. 228.55 is where I want to see price move up to and then reject and that's where I will take my short. Stop loss just above previous high (232.5) area or slightly lower. Profits at/around orange lines below. Good luck out there, friends.
Clearly NOT financial advice.
ETHUSDT - support testETHUSDT - got a good reaction in the range of 217 dollars.
Now I will squeeze a good attempt to go again to test this zone and possibly with a break.
I take short 224.5 with extension 227 and stop 229.1
Take 217 and 208 $
This is just my opinion, and is not a call to action)
Looks good? Leave a like, share and leave a comment.
Thanks for visiting.
ETHUSD Potential ReversalETHUSD 1H/4H chart is showing rounded top, if we do not break above 230 within the next week, we will likely to see a reversal breaking below the neckline of fib. This idea will be invalidated if we break higher above 230 and consolidate above the next fib area.
If you like my ideas, please leave a like.
This is a game of survival, stay alive and trade another day.
Crypto-thrones