#ENJ Enjin coin at breakout & ready to give 32% profitCALL TYPE : #SHORTTERM
BUY AROUND/BTW : 0.00002700 -0.00002820
TARGETS
TARGET 1 : 0.00002970 (10.00%)
TARGET 2 : 0.00003143 (16%)
TARGET 3 : 0.00003566 (32%)
STOPLOSS : 0.00002600
ALL INDICATORS BULLISH. BUY & HOLD FOR FEW DAYS FOR GOOD PROFIT. ATLS WILL SHOW SOME RALLY TOO. #ENJ IS AT BREAKOUT
Priceanalysis
Augur REPBTC REP reversal expected, with 40% bounce back.Dont forget give like to this chart & share with others, doing so will encourage me share more charts with you.
Looking at Augur REPBTC 4HR chart, REP is finding its strong support, but couldnt manage at Fib 38.2 and before that broke EMA21.
Right now its trying to find support at EMA 100, but went bit down to 3555.
Also in 4Hr. chart we can see its complete TD Sequential 8th candle, 9th to go and might show some bouncy up down push.
I would love to take some position around 3469 and if required will do ladder at 3200-3000.
BUY AROUND 3469-3600
TARGETS
(1)4009
(2)4290
(3)4516
(4)4743
(5)5066 (MOON-SHOT 40%)
TA
RSI 31 PERFECT
MACD CORSSOVER EXPECTED very soon.
ADX +18, might touch threshold of 25.
NEWS
Augur App Release v1.10.0
twitter.com
DISCLAIMER: For Educational Purpose only, make sure you do full study and analysis before making or doing any type of investment.
#ENJ Enjin accumulation started - 35% profit expected.#BUY #ENJ #SHORT-TERM CALL ONLY
Buy Price: AROUND 750 SAT (INVEST IN PARTS)
Targets: 1000-1200-1500-1700 SAT
Strict Stop-loss: 710 for those who dont want to #hodl in case price goes down. However #ENJ is having some good support around 720-740 range.
Long term investor can ladder this coin till 571 (rock bottom) in case price goes down.
TA :
1d chart - RSI green signal
macd bullish similar to 27th nov. 2018 circle with yeloow color in MACD. Crossover expecting in next 1-2 candles.
TD SEQ. 9 candles done - new candles about to start
836 is fib 61.8 if broken upwards, rally might go fast till our target of 1000 sat at 38.2 sat.
ADX is positive
As per volume bots - accumulation is going on in this coin since last thursday.
Opening Double Calendar Feb/Mar 122 Puts 124 Callswww.tradingview.com
for a debit of 1.20/contract.
At open, Theta 1.8 and Delta -1.65.
Chart 2 weeks per candle.
Bottom panel shows % move adjusted to approx. breakeven prices and the historic occurence % of those moves. Xs (top=up, bottom=down) plot for
each occurence and the red green lines show percentage for the selected number in the PriceMove indicator settings (published).
Using the guidelines of monthly move of less than $10 (Plus / Minus 10 shown in fuchsia ahead of last candle)
and (per TW platform analysis) ratio of > .5 (max profit)/debit at expiration
This looked okay, we will see. My mentor on these looks only nearer monthly expriation times so 20-30 dte on short leg and long 50-60 dte.
Placed an immediate 25% ($30) closing order and will watch closely as goal of 25-50% of debit.
Will shoot for higher % up to 50 when can watch it.
If price reaches a breakeven I add a calendar ATM if 10 dte remaining and if not, I take off the position.
Categories tricky for the way I trade but overall price movement and limits will fit into support and resistance.
Can OmiseGo OMGBTC make a recovery of 625% in 2019?Dont forget give like to this chart & share with others, doing so will encourage me share more charts with you.
OmiseGo ( OMGBTC )all i can say right at the bottom and all time low. Its in huge correction since 23rd april 2018 when it did high of 0.002543.
I would recommend to take entry now, atleast 5-10% of your portfolio funds.
TA
RSI 29 extremely oversold.
MACD CORSSOVER
1D chart moving along with 21 EMA.
Huge Accumulation is going on.
Alot also depends on btc movement, and a rally up will be a good reward from here.
BUY AROUND 0.000327-0.00034
TARGETS
(1)0.000380
(2)0.000412
(3)0.000465
(4)0.000503
(5)0.000550 (MOON-SHOT 62%)
STOP-LOSS -5% BELOW ENTRY POINT
DISCLAIMER: For Educational Purpose only, make sure you do full study and analysis before making or doing any type of investment.
POWRBTC POWR expecting bounce back from 200 EMA 30% profit soonDont forget give like to this chart & share with others, doing so will encourage me share more charts with you.
Looking at #POWR 4Hr chart, its all set to give next rally. Its nice completion of TD Sequentional, around 22nd of Jan, EMA 55 did able to hold it and it drop back to next support at 2537 & now EMA 100 tried to hold but failed.
Finally our 200 EMA is at 2425, and before that POWR will launch to moonshot.
Last time full EMA reversals happened around 10th to 15th Jan (CIRCLE WITH YELLOW COLOR) and moment crossed 200 EMA huge bounce back. So all i can see its matter of days before its rocket launch.
TA
RSI, MACD, CYCLIC INDICATOR ALL BULLISH & PERFECT.
BUY AROUND 2425-2577
TARGETS
(1) 2761
(2) 2904
(3) 3020
(4) 3299 (MOON-SHOT 30%)
STOP-LOSS
2310
DISCLAIMER: For Educational Purpose only, make sure you do full study and analysis before making or doing any type of investment.
SNTBTC #SNT holding strong support, set to give 70-104% profit#SNT holding strong weekly support at 573
Accumulation going on.
4hr chart looking reversal, nice time to
take some entry position.
TA : RSI, MACD BULLISH
BUY AROUND 573-599
TARGETS :
(1) 0.00000638
(2) 0.00000678
(3) 0.00000958
(4) 0.00001291 (MOON SHOT)
STOP-LOSS : 0.00000550
DISCLAIMER: For Educational Purpose only, make sure you do full study and analysis before making or doing any type of investment.
ZRXBTC 0X #ZRX all set ready to give 70-120% profit.Previously few days we shared #ZRX and did, now again its right around breakout and good posibility to give huge profit in matter of few days.
ALL INDICATORS BULLISH
MIGHT BE A HIGH RETURN CALL
CALL TYPE : #SHORT TERM CALL (MUST HOLD FOR GOOD PROFITS).
EXCHANGE :BINANCE #ZRXBTC (BUY ZONE)
ALWAYS HOLD FOR 2ND AND 3RD WAVE TOO
Buy AROUND : AROUND 7600-7800
TARGETS
Target 1 : 8897
Target 2 : 9087
Target 3 : 9532
Target 4 : 10210-10802++
StopLoss : 7480
WHY BUY #ZRX?
Undervalued now, breakout expected very soon. Have good potential to rock again.
TA POINTS
Increase Buyer Volume & RSI started moving up.
MACD crossover in 15 min chart
4hr chart bullish to given 10-20% profit.
cyclic indicator positive.
#ZRX have strong support at 8000
If breakout occurs, expect an increase to the next resistance zone 9122
MITH MITHRIL is about to give massive gain of 30-50% very soon#MITH is holding its position around its all time now.There is high chance for its breakout, that would end its downtrend.Last time it showed a rally of 20-25% when RSI moved to 36. currently RSI is playing around 30-33,everytime it touched 35, rally is expected. ADX +DI is around 16 close to -DI,cross over can be instant. MACD is bullish. We are yet to see rally in 2019, and if this breakout happens we can easily see massive gain of atleast 30-50% in a matter of days.
#MITH Mithril MIGHT BE A HIGH RETURN CALL
CALL TYPE : INSTANT PROFIT + #SHORT TERM CALL
EXCHANGE : BINANCE #MITHBTC
ALWAYS HOLD FOR 2ND AND 3RD WAVE TOO
COIN : #MITH/BTC
Buy AROUND : 1420-1480
⏬ TARGETS ⏬
Target 1 : 1550
Target 2 : 1652
Target 3 : 1752
Target 4 : 1949++
StopLoss : 1370 OR HODL OR LADDER POSITION WITH FURTHER -5% STOP-LOSS
FREE CRYPTO TRADING CALLS ON Telegram t.me
Time to Buy & Accumulate #civic #CVC 25-50% profit in short termCIVIC ALL TIME LOW. BEST TIME TO MAKE ENTRY FOR HUGE PROFIT IN COMING DAYS.
Go for this coin only if you can hold for few days (short term call).
RSI - OVERSOLD
#CVC touched all time low of 1337, nearly 97% down from ATH. Downtrend TD Seq. 9th candle about to complete, after that uptrend TD will start.
#CVC rally from bottom is always near 25%.
Fib 78.6 (1583) i.e. target 1 is important level, whenever #CVC broke this level, we saw a rally of nearly 50%.
EXCHANGE :BINANCE #CVCBTC
COIN : #CVC/BTC
Buy : ACCUMULATE AROUND 1300-1450
TARGETS
Target 1 : 1583
Target 2 : 1777
Target 3 : 1913
Target 4 : 2048
Target 5 : 2216
Stop-Loss : 5% BELOW ENTRY PRICE (OR HODL IF YOU CAN)
Telegram: t.me (FREE)
ETH/USD rice analysisEthereum extended its fall on Nov. 21 and broke below the support of $135. The RSI has reached deeply oversold levels, which previously resulted in a pullback. Currently, the bulls are attempting to pullback from the $126.20 level, which is likely to face a stiff resistance at $167.32. The downtrending 20-day EMA will also be a difficult hurdle to cross.
If the next leg down breaks below $126.20, the ETH/USD pair can extend its decline to $110. As the trend is down, we shall wait for a new reliable setup to form before recommending a trade.
Time to take entry in nebulas NASBTCChecking charts of nasbtc things are very bullish
all indicators showing bullish sign for any time pump
already bottomed out
take an entry and exit at 5-10% profit in few days
will update this post with targets
NXSBTC $NXS NEXUS WILL BE GOOD BUY, BULLISH UPTREND COMING.DONT FORGET TO HIT LIKE AND SHARE THIS ANALYSIS, MORE COMING
PAIR : NXSBTC
CHART DURATION : 4H
EXCHANGE : Binance
BUY ENTRY : 0.000091 - 0.000092
SELL : 0.000096 - 0.0001 - 0.00012
STOP LOSS : 0.000085
EXPECTED TIME DURATION: AROUND 1 WEEK OR BEFORE.
RSI 23 OVERSOLD
STOCH OVERSOLD
CYCLIC INDICATOR BOTTOMED - ABOUT TO START GREEN IN FLOW
MFI 6 (20 IS CONSIDERED GOOD BUT ITS 6 VERY GOOD)
MACD ABOUT TO REVERSE
PIVOT REVERSAL - EXPECTING BUY SIGNAL
TD SEQUENTIAL 6 BAR COMPELETED 3 TO GO IN 4H CHART / 1D 9 CANDLES COMPLETED REVERSE SOON
POSITIVE NEWS ATTACHED.
CRYPTOLARK TWEETED HE IS HOLDING HIS NEXUS :-)
RISK WARNING: Cryptocurrency investment is subject to high market risk. Please make your investments cautiously. Open4profit will make best efforts to bring profitable signals, but will not be responsible for your investment losses or profit.
STEEM is Ready for BIG Rally. 13-40% Profit Expected in ST.DONT FORGET TO LIKE THIS ANALYSIS
Chart Duration - 4H STEEM/BITCOIN BINANCE
RISK LEVEL: 3/10 (Less means, Less risk)
Key Points
1. Bottomed out at 11820 SAT Key level from where it jumps back heavily. Excellent buying zone (check 18 sept 2018) 11820 strong resistance if broken good sign.
2. Fibonacci on 4H, touched 127.2 FIB, 127 is always a good reversal point.
3. RSI very good around 30-35 (OVERSOLD)
4. MACD good buying signal
5. MFI money flow in
6. STOCH - reversal expected.
7. Good fundamentals - twitter.com
8. SteemFest Global Gathering
9. TestNet 15.1.18 Steem Smart Media Tokens
BUYING ENTRY : 11400-12000 (Buy in Parts)
SELL TARGETS : 12730-13200-14290-15000-16700
STOP LOSS : 11000
Recommedation : Focus more on first 3 targets if short term, if long term holder wait for big targets
Time to reach Targets: 1-2 Weeks for 1st 3 Targets & 3-4 weeks for rest of the targets.
RISK WARNING: Cryptocurrency investment is subject to high market risk. Please make your investments cautiously. Open4profit will make best efforts to bring profitable signals, but will not be responsible for your investment losses or profit.
ZRXBTC LONG ALL SET FOR QUICK 37% PROFIT
RSI GOOD
MFI 20 OVERSOLD
MACD OVERSOLD
STOCH BELOW 20
CURRENT POSITION ABOVE 61.8 11710 SAT 1.27% UP
TARGETS 12960 - 13685 - 15925 (7-14 DAYS)
FOR QUICK TRADERS STRICT STOP LOSS OF 11000
REGULAR ST AND LT TRADERS STOP LOSS 10256
October development updates twitter.com
0x Instant: public spec + private beta
@npmjs packages => 0x namespace
support for EIP712 in @metamask_io
governance updates from @EFDevcon
New team members
RISK WARNING: Cryptocurrency investment is subject to high market risk. Please make your investments cautiously. Open4profit will make best efforts to bring profitable signals, but will not be responsible for your investment losses or profit.
Bitcoin Looks Ready for a Very Short Term Price DropSince the last price analysis that was performed was dedicated toward providing insight into Bitcoin’s long-term prospects, we’re going to go ahead and take a look at its short-term prospects today (October 25th, 2018) and in the next few days as well.
Forgive the messy chart above, if you can.
But here we can see a mapped out chart that shows all of the resistance and support lines for the price of Bitcoin over the last two weeks.
This chart has been shrunken to the 2-hour resolution in order to give a better view of some of the micro-movements on the chart.
As noted in one of our earlier price analyses, we thought that the price of Bitcoin was reflecting a symmetrical triangle, but that turned out to not be the case after we started looking at the qualifications of what delineates a symmetrical triangle.
Where is Bitcoin Headed To?
If we zoom into the chart a bit, we can get a better sense of where the price action appears to be taking us at the current moment.
As we can see in the picture above, it appears that the price of Bitcoin bounced against the top trendline and is now headed down for a re-test of the support.
Now, before we look at the price that Bitcoin could end at, please keep in mind that Bitfinex is trading at a premium to some fiat-based exchanges currently. However, this is the chart ( picked by TradingView on default)
But based on the chart below, it appears that the price of Bitcoin is on a trajectory to re-test the lower support around $6,405 approximately.
Relative Strength Index (14) for Bitcoin
The picture above shows the RSI(14) on the 2-hour chart.
As one can see, ever since the spike that occurred on October 15th on the chart, the RSI has been decreasing steadily.
Currently, there is no divergence on the chart between the RSI(14) and the price action, so we should be able to take this at face value.
Thus, the readings on the RSI(14) confirm our belief that the price will continue to decline (albeit at a very slow rate) until it touches the support unless there is some alternative or exterior news that makes this untrue.
Above, is another look at the RSI(14) juxtaposed with the price action of Bitcoin itself to give you all a better understanding of how the RSI(14) is currently matching the price action of Bitcoin, ruling out divergence.
Zerononcese Balance of Power RSI
This indicator tracks accumulation and distribution periods and plots it on an RSI background.
When the line is going up, that means that the buys (buys > sells) is increasing.
When the line goes down, that means that the sells (sells > buys) is increasing.
When the line is above the purple area, that means that the buy pressure is beyond its normal range and when the line turns red (which will only occur above the purple area), the buy pressure is at an extreme. The same can be said of the sell pressure when the price is below the purple area.
In the picture above, the BoP RSI on the 2-hour chart for Bitcoin is showing us that the distribution or ‘selling’ phase for Bitcoin has been picking up speed over time since approximately the third week of September to this point (about a month later).
This also corroborates our belief that the price is headed down to the test the lower support.
Let’s juxtapose this indicator with the chart:
Zerononcense Double Guppy
This indicator is designed to trade like the Donchian Channels whilst also confirming trends when the bottom of the channel turns red (for a confirmed downtrend) or when the bottom of the channel turns green (for a confirmed uptrend).
Currently the top of the channel is blue and the bottom of the channel is purple.
However, it appears that the price neared the top of the channel recently on the candle before last.
When the price reaches the colored part of the indicator, it bounces from there.
See below:
In that picture that posted above, golden boxes were drawn to show the price ‘bouncing’ each time the price dips into one of the ‘extremes’ on the channel. It’s designed so that this is almost an inevitability.
Only on the second to last golden box do you not see this play out (in full), and that usually only occurs when there is an extreme outlier in the data.
When evaluating the purpose of this indicator as well as the price data, this also corroborates our suspicions that the price of Bitcoin will be declining as well.
Conclusion
All in all, the volatility is so minute on Bitcoin at this present point in time, it probably isn’t worth it to consider any position on the coin in the short-term unless one is leveraging it to the fullest extent.
As always, safe trading!
Dislcaimer: This is not financial advice and the author does not hold any bitcoins.
Bitcoin: The Bear Market Has Just StartedStraight away, the first thing that’s worth looking at is the daily view to see if the alleged symmetrical triangle pattern is holding up:
In the picture above, we can see what appears to be a symmetrical triangle pattern formation.
Now, Let’s Take a Look at Bitcoin Again
The first characteristic worth noting on this chart, however, is the fact that the price is currently adhering to the bottom line. This is usually a sign of heavy bear pressure.
If You’re Looking Closely, You’ll Notice the Price of Bitcoin Does Not Match a Symmetrical Triangle
This bearish adherence to the bottom side of the symmetrical triangle is shown in the chart above.
However, it is not enough to merely look at these charts, we must note the dramatic difference in slope of these two lines.
One often overlooked facet of the symmetrical pattern is the fact that the slopes of the lines usually should be roughly equal.
In this case, they are not. In fact, the slope of the upper downtrend resistance line is substantially steeper than the slope of the underlying support trendline.
Check this out:
In the picture above, we can see that the downtrend resistance is hanging at 30 degrees.
www.tradingview.com
However, the uptrend support is currently only calculated at 4 degrees according to this chart.
Now, here are a couple of quick notes about these calculations:
Because of the fluctuations on the TradingView charts, the mode was switched to lock price ratio, in order to get a fixed calculation for both angles.
Analysis of the Angles
From this very aspect alone, the future for Bitcoin, pricewise, looks extremely bleak for bulls. As mentioned above, the greater the angle of the trendline, the the stronger the support/resistance. Conversely, the smaller the angle of the trendline, the weaker the support/resistance.
In fact, given the weakness of the lower trendline, it would be wholly inaccurate to consider the pattern on Bitcoin currently to be in a symmetrical triangle.
Further Trendline Analysis
The upper trendline has also resulted in the stoppage of multiple noteworthy ‘bull run’ attempts.
For example:
In the chart above, we can see that the price of Bitcoin has been stifled multiple times.
Fibonacci Indicators
Perhaps one of the most reliable support/resistance systems in all of trading is the Fibonacci indicator.
This indicator typically makes assessments of the price that are difficult to deny.
Let’s start with the Fibonacci Wedge, shall we?
Below is what the Fibonacci Wedge looks like when applied on a price chart in TradingView:
Here are the steps to plot the Fib Wedge:
1. You make sure that the ‘starting point’ of the wedge is at the peak, or the price’s all-time high.
2. Then you extend the chart going out toward the starting point of the price movement. In this instance, we chose August 2015 as our starting point.
3. You must then extend the remainder of the circle to the right of the all-time high (in the future) the same distance.
4. The distance between September 2015 and December 2017 (ATH for Bitcoin) = 2 years and 3 months.
5. Thus, we must extend the circle 2 years and 3 months into the future. That puts us at March 2020.
If you look at the chart below, you can see that the price action adheres to this Fib Wedge pretty solidly:
In the picture above, we can see that the price is literally nudging against that 61.8% retracement point.
A further breakdown would put it in the 78.6% retracement zone.
As one can see in the picture above, the worst case scenario for Bitcoin would probably be crashing down to $2.5k (assuming that the 78.6% Fib retracement holds).
We do not anticipate that happening and one reason why is due to the fib speed resistance angles on Bitcoin.
Below is a picture that shows what this is:
In a nutshell, the Fib Speed Resistance dictates the speed at which Bitcoin is decreasing. You draw these resistance levels by tracing the price from the all-time high to the subsequent lowest price and the rest of the indicator graphs itself it from there.
In the price above, we assume that the price will continue to adhere to the long-term downtrend resistance that is currently imposed upon the price at this very moment.
That would bring the target price all the way down to $4.5k as the official (bottom).
Which, all things considered, is not a bad landing spot for bulls, as it is certainly much less of a drop than what Bitcoin has already experienced and it is certainly much less of a drop than what Bitcoin has experienced even in 2018 between localized highs and bottoms.
In the chart above, we can also see that the maximum upside for Bitcoin is more than likely $6.8k.
Conclusion
There are substantially more points that are worthy of note than what is seen in this article, but this overview generally sums up what can be gleaned about the price of Bitcoin in the very near future.
district0x DNT can give quick profitKey points
TD sequential - OK
RSI - ok
MACD - ok
key support level 350SAT FOUND AT FIB 100
ABOUT TO CROSS FIB 78.6
NEXT TARGET 388 SAT, 400 SAT, 411 SAT
AFTER MAKING QUICK PROFIT - MAKE AN EXIT HABIT IN THIS MARKET
FINALLY DYOR BEFORE MAKING ANY INVESTMENT.
REGARDS
ZIA
ETHEREUM CLASSIC ETC BOTTOMED OUT. EXPECTED PROFIT 32-78% ENTRY TYPE: 2 WEEKS OR 1 MONTH OR 3 MONTHS
ENTRY PRICE BETWEEN 0.00158000 to 0.00166000 BTC
STOP LOSS 0.00140000 BTC
TARGETS
-------
TARGET - 1 0.00214700 BTC
TARGET - 2 0.00239600 BTC
TARGET - 3 0.00289400 BTC
EXPECTED PROFIT : 32-78%
KEY POINTS TO SEE
-----------------
1. RSI OVERSOLD
2. MACD BUY SIGNAL
3. TD SEQUENTIAL REVERSAL ON 1D CHART
4. POSITIVE NEWS IN MARKET
5. HOLDING STRONG SUPPORT LEVEL OF 140000 SAT
DISCLAIMER:- BEFORE MAKING ANY ENTRY, DYOR FULLY. I'M NOT RESPONSIBLE FOR YOUR PROFIT OR LOSS. THIS TECHNICAL ANALYSIS IS JUST FOR EDUCATION PURPOSE ONLY.
HAPPY TRADING
ZIA
Bitcoin BTC will be very soon on cloud no. 7 Target $20kBitcoin has to pass 7 clouds to reach $20k
On weekly Chart from 18 dec 17 onwards
Total Red Candles 21
Total Green Candles 21
Busiest Zone - GROUND 0 (5767-6800)
BTC have to break 6800, to reach stage 1.
STAGE 1 (Roller coasters ZONE): 6800- 8514
Its trend zone both in green and red.
STAGE 2 (QUICKEST ZONE): 8514 - 9566
Price movements are very fast in this zone.
STAGE 3 (BALANCED ZONE): 9566 - 11850
BULLS VS BEARS
STAGE 4 (RED ALERT ZONE- HEAVY SELLING): 11850 - 13473
Becareful in this zone - from bears
STAGE 5 (POWER ZONE): 13473-16238
STAGE 6 (LAUNCHPAD ZONE): 16238 - 18912
STAGE 7 (DELIVERY): CONGRATS WE'RE AT 20,000
Conclusion-
Based on this weekly chart, Ground Zero is almost going to over in a matter of days, infact Bulls already hit stage 1 and may enter stage 1 any time.
Stage 1 and 2 are very crucial in coming days.
Stage 2 is at Fibonacci 78.6 and very short zone, if passed we will see 11k which is at Fibonacci 61.8.
So HODL your BTC, soon we will be seeing stage 2 and 3.
If you liked this analysis hit the like button.
Will come with 2nd part of this analysis soon in different time frame.
HAPPY TRADING.
Zia (@open4profit)
Where ETH is heading. Full Technical Analysis ETH Entry ExitETHEREUM PRICE ANALYSIS & TARGETS
---------------------------------
“Buy the Rumor and Sell the News"
“Buy when there's blood in the streets, even if the blood is your own."
Are you following above statements?
If not, please follow - that's what will make you a good trader.
Before we continue, keep in mind that ETH is 2nd in Marketcap.
Vitalik is SMART. He will be coming with huge updates and surprise.
ETH has touched 890 few months back, but at this price is GOLD, if you are holding for few months.
In case of ETH, when it bottomed to 167, i told everyone grab it, its the best price. In a matter of 10 days we got a whooping profit of 61%.
ETH currently moving in sideways from last 12 days with an avg. profit of 11%.
As on date ETH is surrounded by some negativity in media streams, I never focus on these news, because next day they will publish its opposite. Believe in FA of ETH. Its very strong and new updates are on way.
Ethereum’s core developers held another meeting, Aug. 31, to further discuss the world’s second-largest cryptocurrency network’s four-stage development plan–including additional details on the Constantinople hard fork and Casper.
Key points
ETH price above 61.8
Entry btw 200-204
Targets 232, 248, 255, 298, 337, 366
Stop Loss 195
RSI 51 is key level, if it breaks up - price will go high.
MACD we will see red over blue/green overlap.
Once you take entry make sure to book profit at current levels.
Now what if price goes up.
If price croses above 232 next targets will be 248, 255, 298, 337, 366
So keep an eye on RSI & MACD.
EMA 21 is acting as resistance, if we break its good.
If you liked this analysis, make sure you click like button and share with your friends and dont forget to follow me.
Take Care
Zia @open4profit
You may see little bit price drop to 204.