ETHUSD Ethereum SHORT have increased SpeedHello to all watching my charts.
ETHUSD now here my follow up : We have been in Short Mode
since yesterday (please check my post of yesterday)
Resistance 174.30 had been broken.
Than lower Resistance 172.70 have been broken also
and after that all bridges are broken and short
has been running in a fast mode .
My channel systems are all fallin down so we have been still
in a very strong short mode.
NO sign for a buy signal. LONG Aeara for now I have shown you in the chart.
More analyzes of Crypto , currenzys are in work and will be post today.
Good trades
Renkotrade
Ethusdsignal
ETHUSD looking bullish foreseeable future CONTRARY to the permabull belief that cryptowinter has long ended & spring is in bloom the pragmatic; objective reality of current market conditions is that we haven't quite broken through to that bullish/parabolic stage that many already assume we have.
Now this is not a statement to be misconstrued as a "we're still bearish" pessimistic outlook for current priceaction -- though many still are cautiously declaring such a sentiment.
So using BB, KC, Fibo, RSI, current/future volume & SMA+MACD+EMA THOUGH NOT EMA i've projected under current market conditions, subject to change; based on trajectory & trendline breakouts we've seen thus far & my own personal judgement/TA I would say that we are looking at steady, organic growth for $ETHUSD -- which bear in mind IS A GOOD THING
If the price were to suddenly rocket to $1000; that should be cause for concern.
This organic growth signals that ETHUSD priceaction is more on its practical use & is more in line with its valuation...though I have been saying for quite some time that I believe ETHEREUM has been undersold ; and those of us who remember when BTCUSD was at or near its ATH of 22.8K; ETHUSD was at a stagerring $1300 est. so when you parallell BTC & ETH pricse you'll notice the discrepancy.
def U && BTC
i+1=0
u == undersold
BTC==btcusd && ETH==ethusd
def o
o = oversold
y == BTCUSD price
D=1300/2300
If i <= D
then ETH = u
ifels then BTC = o && ETH = u
print y && print o
if i >= D || i == D
print "ETH"
puts u }}
}
run.exe
=)
_________________________________________________________________
TP1: $176.92(short)
TP2: $178.77(short)
TP3: $180.70(mid)
TP4: $183.00 (LONG)
TP5: $186.96 (LONGER)
STOP @ $172.83
_________________________________________________________________
DISCLAIMER
Have a wonderful weekend everyone.
Please don't invest more than you can afford to lose; most certainly DO NOT MAKE YOUR ENTIRE INVESTMENT PORTFOLIO DECISIONS BASED ON THE OPINIONS OF ONE TRADER; REGARDLESS OF HOW GOOD YOU THINK HE OR SHE IS that is perhaps the stupidest thing you can do. The whole premise of cryptocurrencies, blockchain & bitcoin is that we are an autonomous community and with that -- we have complete & utter control of our own finances/financial decisions/and to put it simply: whenever you open a wallet you are signing up with a bank...the name of the bank is the name of the company/platform/industry that controls your private key so this is important to note-- as many people are not cognizant of the fact that just because you bought $BTC on say cashapp for example ; that DOES NOT MEAN YOU OWN IT!
Infact there's a little fine print bullshit disclaimer in their platform telling you that! SO relative to that example: you'd be registering with the bank of dorsey ....IDK about ya'll but I'm banking at the the bank of me and you should too!
If you're wondering how to be your own bank -- get a cold storage hard wallet directly from the manufacturer (don't go buying ledger nanos on ebay) and as long as you control the private key and no one else does you are in complete control of your assets.
def
BoM = Bank of Me && M == asset || C = crypto
arr.world ==
if userX owns privatekey.C && user =/= privatekey.C
then userX == BoM Member
ifels userX == a damn fool}}
}
run.exe
CODE is probably wrong but i was bored & am in a "Tech" mood today; and will put the "Fin" part aside for now :D
ALSO (seeing as how I didn't get enough love for that last MCO publication) I think it's only fitting I use this opportunity to take another victory lap.
|
|
|
V
toldayso
toldayso
toldayso
|
|
=D
|
**********************
Peace & Love <3
*********************
|
SAFE TRADING ALL!
-----------------------------------------------------------------------
Twitter / Linkdeln / TradingView / StockTwits
-@a1mTarabichi
----------------------------------------------------
Steemit
-@crypt0w1zmt
|
|
V
TGIF!
#ETHUSD#Ethereum, safe optimismStuck for a while between the support line at $ 167 and the resistance line at $ 233.
Stochastic a little above the 20 zone (area with buying potential).
Our recommendation is to buy because of the proximity of the Ethereum to the support line
The risk remains high because of the clear bearish trend.
Target: $ 200
#ETHUSD#Ethereum, Already going back to business?The trend in the daily graph is still bearish.
The support that broke in last week became resistance, basically the line we added in the above graph at $ 197 is used today as important resistance and currently, Ethereum is in the breaking stages of this resistance line.
The Stochastic lines are positioned at 20 which is a level that could signal a potential increase
Target: $ 233
#ETHUSD#Ethereum, Operating instructions for AugustWe have been stuck for a month between $ 197 and $ 233 and we expect it to continue for another month.
So what can be done by then? Buy as close as possible to support $ 197 and sell as close to resistance as $ 233.
If you are a trader who wants to trade only with the trend then wait for the price to approach $ 233 and then sell.
Ethereum SHORT but Change of Trendbrake is still valid 1 HR#ETHUSD #Litecoin #Bitcoin
Hello to all watching my charts
Ethereum is moving up as other cryptos also
and is improving the chart.
If it would be a future and not a crypto
i would suppest to go long here but in that bumpy ride
of cryptos it seems better for me to wait until it breaks the aerea
where my blue arrow start, where the bif resostance is ,
not to come in a fake long outbrake.
Same is in Bitcoin....
Important is that the support level at lower black line hold
if these level crunchs all long ideas are gone for now.
Good trades
If you want to support my work and my charts, please like them..
Renkotrade
ETHUSD short optimum target $343.50 perfect quick flipAs title suggests; target short & stop loss are presented on charting.
We are now facing what looking like to be some volume accumulation and a buildup following what was quite a bearish holiday weekend.
Thankfully for me; I was out of commission (sick) so I am grateful I did not miss much.
Well right now I'm spotting more indicators for breakouts than I can publish.
All I can say is trade safely; read disclaimers on previous posts and never invest more than you can afford to lose.
Cheers.
Twitter/Linkdeln/TradingView
- @a1mtarabichi
EDIT: Typo on target: its $343.48 not $323. Oops!
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 HR ChartHello to all watching my charts
In this pair i want to demonstrate you a little bit
the power of my channels
I have draw my longer time framechannel in blue (as always here)
which is Short sind 17.6.2019
And i have brought you here a shorter timeframe channel
which shows you just eaysily the next direction
which is MORE SHORT...
What i wan to to tell is that the down trend has been stronger now.
And to have an idea which the latest direction of a pair is ,
is an important part of trading to verify a position (f.e.)
So stay short if you are in such a position thats what the chart tell us
Good trades
Renktrade
ETH swing trade and possible downturnHi,
Thanks for viewing. For some this may be helpful, for others a mish-mash of doubtful technical analysis. Sometimes I hit that nail right on the head (of course not every time - the BTC / ETH bull-run exceeded my expectations so far by a significant margin).
Short-term I expect a slight consolidation to not below 258, a bounce to around $270 followed by a continuation of the downward correction. How low will it go? I can't say yet. But ETH can be expected to outperform BTC on the way down - just like it has on the way up (as can be easily demonstrated if you were around in 2018). My view is based on an expectation of BTC not breaking its recent high of $9074.26 (on Binance) or ETH not exceeding $287.83. If either happens disregard all of this post (in which case the bull-run continues and I hope you took part).
These main factors point to the recent up-trend being nearly exhausted:
- Bearish RSI divergence (when the RSI trend is opposite to the price trend). This has been a favourite for a while and a reliable indication of the end of a trend - or nearing the end of a trend (also on 4 hourly time-frame).
- Elliot wave count, we are apparently in the final third of the third impulse wave up (wave (v)). So I expect another 2 - 4%of upside above the recent $265.83 swing high followed by a deep correction (watch for large buy orders on exchanges seeking to drive price up a little more into their short orders),
- The way my EW count is measuring up points to decisive resistance at the 0.618 to 0.65 fib levels ($265 - 267) - these are a common, favourite, and widely targeted area in which to enter a counter-trend position.
The 1 hour time-frame MACD MA cross-over and MACD histogram downward trend are more short-term signs of a smaller consolidation and don't really figure in my bearish view.
It has been a good run, but everything comes to an end. We should see a deep correction that doesn't set a new 12 month low - but which forms the basis of the next major bull-run. Good luck everyone and protect those funds.
I dont normally enter trades like this, but it worked out that way this time.
ETHUSD Bearish InertiaETH / USD Price Analysis: Bearish Inertia
Ethereum has a negative-to-neutral outlook as it continues on its bearish pattern. Bulls will need to work hard on this pair.
Ethereum has a neutral short-term trading bias, with the ETH / USD pair testing back towards its 200-period moving average on the four-hour time frame
ETH still retains its bullish medium-term trading bias
Buyers now need to move price above the April trading high or ETH / USD could come under downside pressure
Ethereum / USD Short-term price analysis
ETH has a neutral short-term trading bias, with the cryptocurrency falling back towards its 200-period moving average on the four-hour time frame.
The four-hour time frame continues to show a valid head and shoulders pattern, with bulls failing to negate the bearish pattern during the latest rally in the ETH / USD pair.
Technical indicators have turned bearish on the four-hour time frame and are currently generating sell signals.
Pattern Watch
Traders should note that a bullish inverted head and shoulders pattern will form on the four-hour time frame if the ETH / USD pair advances towards its current yearly trading high.
Relative Strength Index
The RSI indicator on the four-hour time frame has also turned bearish and shows scope for further downside.
MACD Indicator
The MACD indicator on the four-hour time frame has turned bearish, with the MACD signal line now issuing a sell signal.
Ethereum / USD Medium-term price analysis
ETH retains a bullish medium-term bias, with the ETH / USD pair still trading well above its key 200-day moving average.
The daily time frame is showing a small inverted head and shoulders pattern in play, while an even larger inverted head and shoulders pattern could take shape if the ETH / USD pair moves above the $200.00 level.
Technical indicators on the daily time frame currently have a slight bullish bias, although downside pressures are building.
Pattern Watch
Traders should note that critical weekly support for the ETH / USD pair is currently located at the $150.00 level.
Relative Strength Index
The RSI Indicator on the daily time frame remains bullish, although downside pressures are building.
MACD Indicator
The MACD indicator on the daily time frame is neutral, with the MACD histogram and the MACD signal line failing to issue clear trading signals.
Conclusion
ETH is coming under downside pressure in the near-term after bulls failed to rally the ETH / USD pair to a fresh 2019 trading high during last week rally.
Bulls must start to make new higher price highs and force the cryptocurrency above the $200.00 level or the bearish pattern on the four-hour time frame could soon be triggered into action.
ETHUSD? what next movement? price analysis?Hey guys, i know it's quite late for short but can still grab some profit. Seem like market following down channel pattern from a very long time and recently tested it's resistance as per channel but before that we see a small consolidation near resistance and breakdown and market moving down and can test our support line (Purple) drawn and market can again consolidate nearby there. We will update our idea as per market till then happy trading.
Ethereum creating Wave 5 little bullish !Hello guys this is ETHUSD 4 Hour Chart, currently Ethereum is on support zone & Elliott wave 4 and pullback from here will create wave 5.
After breaking resistances Ethereum retested the resistances as support by creating and following Elliot wave, so a bounce back will complete the wave 5
ETH H4 RSI Bearish Divergence On the 4 Hour Chart of ETHUSD we have 2 bull and 2 bear target.
1st bull target is 270$
2nd bull Target is 298$
1st bear Target is 167$
2nd bear target is between 110$ - 90$
RSI is showing bearish divergence.
Most likely Ethereum will Break the Red Trend support, we should look at the trend support & Resistance 224.44$. 100 MA will also work as resistance on the 4 Hour Chart.
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?
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.