Simple Adam & Adam double bottomShort term bullish reversal has already begun, testing out and identifying new patterns in chart. Overall still bearish.
Ethusdshort
ETHUSD Pyramidit looks like a pyramid doesn't it? stuck in a downtrend, shorting to ~130 - 135 is the best option. Looking for a reversal so I can make some new charts..
ETHEREUM MUST WATCH(RETEST)Hi traders its JK here again, and today we will be looking at ETHUSD. Pending the undecided move in the market price lately, majority of the crypto price are relatively showing a sign of retesting the previous low(support level)
Clearly shown above is a classical chart pattern called the THE DESCENDING TRIANGLE CHART PATTERN. What is the real fact behind this pattern?
Traders need to know that the real fact behind this pattern is the horizontal boundaries(support).
This pattern is considered to be a bearish continuation chart pattern looking at its current position now.
Now the question is, how do traders take advantage of this pattern?
First of all they need to wait for the pattern to be valid before thinking of opening a position. This pattern becomes valid only when price close below the horizontal boundaries. Looking at the move to retest a low of $138 down to $130.
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ETHUSD May drop lower before risingretest of fib level 0 is target, linear regression shows a clear downtrend, major support at ~140 which will most likely hold if this drop occurs, even though hardfork.
#ETHUSD#Ethereum, Boredom celebratesA downward trend without changes.
As long as ETH USD is below the resistance line at $ 158 we recommend selling.
Ichimoku Indicator indicates continued declines
Target: $ 129
#ETHUSD#Ethereum, The bears will continue to celebrateThere was no breaking the resistance at $ 158 like we thought it might be
The last 2 candles were closed in the shape of a star that they would usually appear at the end of the trend and indeed the candle that followed was red
The Ichimoku cloud continues to be a bear cloud and the candles are still below the cloud and the blue line is still above the red line, all of which indicate continued declines.
The price below the 200 moving average line.
Target: $ 131
Ethereum (ETHUSD) Market Outlook | Daily Crypto Market BreakdownETH and other ALT-coins need bullish momentum or we are heading down south. I personally would like to see how low we can go. This will be an interesting month.
ETH Short down to $85-90! ETHUSD has finally shown a continued move potential in market structure to the downside. We were waiting for the double bottom to break through and price to pullback into the broken low. Price has a pullback and begun to rotate at the new resistance which can bring the price down to the ultimate support at $85-90. The downside break was on good volume, the volume to the upside swing was rather weak. The ultimate target to the downside is $87.00.
Disclaimer: This trade idea is for educational purposes exclusively, this does not constitute investment or trading advice. TRADEPRO Academy is not responsible for any market activity.
ETH Breaks support, headed lower, downside to $87.00ETHUSD like other cryptocurrency has been in a recent downtrend and the structure for a continued move lower has just confirmed. The support level at $158.00 needed to hold desperately as a triple bottom, that was not the case. Now that price broke out below we expect a move into the next support of $125, retrace into $158 and move into $87.00 based purely on the structure. The volume on the break lower was increased but we want to see more sell volume come out on these swings to the downside.
Based on a Fib extension price can move down to $87.00 before testing the $40.00 area. That is only if volume starts increasing dramatically as it did in September/October on the moves lower.
OTHERWISE, if there is a rebound on strong volume through $160, we're headed for $210.
Ethereum (ETHUSD) Market Outlook | Daily Crypto Market BreakdownI looks like ETH and other ALT coins are really at a serious make it or break it point. It seems to me that bitcoin is looking healthier than other ALTs for now.
ETHUSD bounced from support, potential for a further rise!
ETHUSD bounced off 177.23 where it could potentially rise further to 184.80.
*Disclaimer.*
Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
ANALYSIS ON EthereumANALYSIS ON ETHUSD
Welcome to my analysis
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DAILY CHart
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Interesting Point of interest In the ETHUSD pair.
- Price below 200 day EMA.
- price looking to move to test the 158 zone again.
- Expecting more downward momentum.
- MACD showing bearish divergence
Stay Tuned
ETHUSD reversed from resistance, potential drop!
ETHUSD reversed off its resistance at 186.42 where it could potentially drop further to 177.23.
*Disclaimer.*
Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
ETHUSD Short ScenarioBlue Zone : Sell Zone
Green Zone : Take Profits
Grey Line : Best Entries
Red Zone : StopLoss Area
Leverage : 5-10x
ETHUSD bounced from support, potential for a further rise!
ETHUSD bounced off 182.78 where it could potentially rise further to 193.65.
*Disclaimer.*
Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
ETHUSD - SHORT We can see easily Double top ( Actually Tripple) formation at the ETHUSD chart.
Also RSI is Support our SHORT position!!
Just I want to say ; Don't be greedy !!
ETHEREUM DAILY ANALYSIS - DOWNTREND?Hey traders,
From my analysis of the Daily charts I see that price has broke through to the downside of the orange trend line.
Price also formed a bearish pinbar signaling a rejection of the 2nd retest of this same line.
Using a simple 50 day moving average, we see that price is trying to break below this.
Daily trade analysis and ideas:
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Ethereum (ETH) to consolidate around $190On Thursday, October 24, the ETH fell further to $160 in a low-volatility session.
Following the general cryptomarket trend, the ETH/USD pair registered some serious gains on Friday, October 25. It added 13 percent to its value and climbed to $181, successfully regaining position above the critical support level of $180.
On Saturday, October 26, we saw it peaking at $198, but bulls could not consolidate properly and only managed to hold to the above-mentioned line.
The last day of the week found ETH moving up to $184. It closed the week 5 percent higher than the previous one.
We expect consolidation around the $180-$190 area and eventually - a test of $200. The opposite would naturally mean we can see the eth dropping below $180 once again.
ETHUSD Long confirmed like Yesterday ForecastedHello to all watching my charts.
ETHUSD jas just jump up nearly exact like i forecasted yesterday.
No it has reached my first target and we can go out or we can wait
on my second target.
Dont know which is the better strategty, that something
unknown in the future and in every trade something
we do know the right decision here only after we have done it...
Good trades
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I will try to help you.
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ETHUSD Ethereum SHORT BUT LONG CHANCE COMING INETHUSD Ethereum is today in a little fine
upmove and have made higher lows and higher highs.
So if it comes above 162.46 (my Blue Arrow Line) i think there is a chance of a long
and the could last to the upper Blue Line at 166.00 minimum.
Not a big move but maybe a chance to get 3% up
Watch out what happens.
Good trades
If you want to support my work please like them...
and if you want to know more about my trading style
please send my a boardmail.
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