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Vitalik

Ethereum Ready to Bounce to $200Start of October, ethereum broke its July downtrend, the one from the spike up in June to $380. Now, it looks like its ready to make another move higher. Ethereum and all of the other altcoins have slowly been gaining in their bitcoin values since the beginning of September. The Bitcoin dominance is dropping slowly but surely. Now ethereum is hovering around 169-172 right at that 4H support. Its held this 169 considerably strongly, meaning I don't think we're going to see a lower price in ethereum. All this dip was is just consolidation from the previous spike up, not a bear market, or the coin is dying, no nonsense like that. Just take a look at that spike up to $221, that happened in the span of 3-4 days. Of course we're going to see an even more aggressive sell off to another low, then re-accumulate to do it all over again. Ethereum looks like its ready to blow through that 188 level, because it has already 1st touched and closed over it. 1st touches reject 95% of the time. It even closed above and tried to regain the uptrend as support. Now, next time we come up and test the uptrend, we will regain it as support and ethereum will continue heading upward. As always please do your own research, I am not a financial advisor.
KRAKEN:ETHUSDLong
by kyer
12
Today`s ALT!!! ETHBTCBINANCE:ETHBTC Exchange : Binance Coin: ETHBTC Buy Zone: 0.022 ~ 0.0215 Target Point: 0.0239 / 0.0253/ 0.0268/ 0.029/ 0.032 S/L: 0.0208 Risk: MIDDLE - HIGH Term: Long It`s making Bullish Pennant and The Volume is slowly down The chart and RSI are similar in shape, especially support line is the same When the price of BTC is down, ETH used to be used for Hedging ===================================================================== Today`s ALT is that information is raised regardless of the Coin market situation So sometimes there`s a high risk trading Investment is your responsibility. I'm just providing about coin`s information =====================================================================
Long
by timbearr
ETH BULLRUN ?!We can see a nice bulltrend on ETHEREUM vs USD pair. The global support trendline it's still holding and also we have the really strong support from 200MA weekly. RSI bounced from 40(which means,ETH it's bullish). The sell volume going down and probably soon(few weeks) the buyers will appear(green candles). Don't forget,ETH 2.0 coming in January 2020 and in May we have BTC Halving. Keep your bags and be patient. AFTER THE FIRST GREEN CANDLE(ON MACD) YOU CAN LONG ETH
COINBASE:ETHUSDLong
by CryptoC77
5
False Breakout on Ethereum Since Ethereum has been surging over the last few hours, let’s go ahead and check out its price action to see what may be next for investors. The first thing that we can observe on the price chart for Ethereum on the daily resolution is that the EMA-200 (purple line) is looming directly overhead to serve as a resistance for further price action. This is something that traders should definitely note. Potential Ascending Triangle Formation Many (including the author) have noticed what appears to be the makings of an ascending triangle (flat-top triangle). These are bullish continuation/reversal patterns that often lead to major gains. In fact, it is the fulfillment of this pattern that led to Bitcoin’s massive gains. Let’s see how Ethereum matches up with this chart formation on the daily resolution: From what we can see above, the current price action for Ethereum does have all of the trappings of a flat-top triangle. Let’s go to the current price action (down to the candle) to see if the current day’s price action reflects a true breakout: At first glance, it does. However, what is seen above should not be considered to be a true breakout. Why? When Volume Does Not Match Breakout, it is a ‘False Breakout’ Notice the lack of volume to accompany this move. That’s one of the classic signs of a false breakout. Relative Strength Index RSI = overbought, but that does not necessarily mean that the party is over. However, given the current volume for $ETH, resulting in a false breakout plus the strong overhead resistance that will undoubtedly be posed by the EMA-200 on the daily resolution, the author is currently a bit more bearish on Ethereum than the general crypto audience. Conclusion Without creating too lengthy of an exposition, we’re going to go ahead and opt for a short position on this trade, using the EMA-50 value on the H4 resolution as our guide here.
KRAKEN:ETHUSDShort
by librehash
5
Ethereum Looks Nice For a Short As Well`It’s been a little while since we’ve really taken a strong look at Ethereum on a price basis, so we’re going to take the opportunity to do so here in this piece. So, from first glance, we can’t witness anything remarkable occurring with the price of Ethereum via the chart above. However, there are a few patterns that are worth isolating and analyzing before proceeding to make any conclusions about future price action. In the picture above, we can see a substantive downtrend on the 2-hour chart for Ethereum stemming from October 8th, 2018 (approximately, 2.5 weeks). While this pattern is a short-term downtrend in relation to the larger one created by the all-time high that Ethereum reached earlier this year, making it easier to break, it is still a formidable resistance to future price action. If you view the chart below, you can see that the price of Etheruem is on a trajectory to seriously test this short-term downtrend on the 2-hour time frame: Thus, this price analysis is partly about assessing whether or not Ethereum can break through this resistance and exploring the implications in either scenario (it breaking the resistance or not breaking the resistance). Assessing Price Momentum The most common way to assess price momentum is through the RSI(14), however, in this case, we will look directly at the candles that are formulating themselves on the 2-hour chart for Ethereum to get a better idea of the price’s momentum: For those that do not know, these candles are very indecisive and certainly not bullish at all. The ‘small body’ of the candles you see in the chart above is indicative of very little price movement. The ‘wicks’ that occur on the north and south of these candles is indicative of the neutrality of price movement that has been occurring in the markets for Ethereum in the past few weeks. If we scroll out, we can see that in plain view on the chart as well: From the picture above, we can see that the price of Ethereum is near the apex of its symmetrical triangle. In a nutshell, the shape of the ‘triangle’, which is drawn via support and resistance points on the chart are the crux of what determine whether something is a symmetrical triangle or not. The breakout can either be to the north or the south or perhaps the pattern may not fulfill itself at all. They may not sound helpful, but it’s something that will be extremely helpful in explaining substantial price action in the near future if it does occur for Ethereum. What Happens Now? As mentioned above, the price is currently nudging against that downtrend resistance (diagonal line going downward over top of the price). So, we want to see if we can make an educated guess about whether it will break above or bounce off it and start shooting down. Once we’ve made that assessment, we can start strategizing our next maneuvers from that point. Relative Strength Index(14) The RSI(14) on the 2-hour is relatively positive for Ethereum. Although the relative flatness of the line is reflective of the extreme consolidation going on at the present moment. Above, is another look at the uptick in the RSI(14) in recent periods. Now, let’s check it out on the daily: On the daily, we can see that the RSI(14) is actually headed downward, overall. That’s definitely not a positive sign for Ethereum bulls, especially when considering its recent price activity over time as well (it’s provided the greatest negative ROI of any other T10 coin since May 5th). It’s worth noting that this information is provided to us in the midst of a severe downtrend for Ethereum. Conclusion The author believes that the chart is showing indications that the price of Ethereum will definitely decrease in the near future. The author’s R/R idea is as follows:
BITFINEX:ETHUSDShort
by librehash