At the edge of the channelLet's see if the ETH will be reverted by the the upper side of the channel which is predicted by its lower edge?Shortby Ahmed_Ismaeel0
Will we go to the golden pocket?If we reach golden pocket (190€) will bots send us down to a possible wave 5?Longby PennywisdomUpdated 8
ETHEUR on the riseThe upper resistance is now clearly broken since a couple of days. RSI and ROC are also clearly on the upside. This confirm the upward momentum I was expecting a couple of weeks ago (even though it took longer than expected :) ) Cheers, S. Longby sebdeharlez2
Can 152 be the bottom support?Let's see if we just hit the bottom of this wave...by PennywisdomUpdated 3
ETHEUR Waiting for a move. 1hHi guys, fast analysis. ETHEUR is trying to claim 160€, price is lagging in a small channel, bouncing on EMA200 (160€) and 165€. We need to break 170€, claim it and break 175€ too (EMA200 4h), then i see if i can open a long with a target between 210€ and 250€. On the bearish side if we break the support zone at 160€ we have 1 small resistence at 155€ and a huge resistence at 150€. I keep checking for a short if price close <150€ with a first target at 120€ and a second target at 90€. Let's see how it goes. on the long run my bias is bearish if we cant claim back 215 and then 300€. Be safe out there. by nekroelleUpdated 7
A bearish flag turns into a bullish wedgeThis educational chart shows an example for how we can determine failing flags.Educationby Ahmed_Ismaeel1
ETH rebound? To be confirmed. On the daily chart, we can see a divergence from both the RSI and the ROC over the last month. See Low1 and Low2 on chart. While the ETH price has still been going down, we can see a divergence in both oscillators (Low2 > Low1 for both RSI and ROC) which tend to show that the downward trend is loosing its strength. If the ETH price break the upper trend line this could confirm the end of the bearish trend. I would go hence be long on the ETH. Longby sebdeharlez114
ETH 150 = Entry PointsNext Entry point for those looking to trade.... ETH 150eur is the next best entry... Don't sell and keep checking back to this point for the sell point. For best profits don't sell until next update as this is more than a 1 day trade ;P *** This is not financial advise *** Happy trading to all :)by cryptoFriendlyLookout0
Ether's daily close is critical for upward momentumThe daily close at 183 euros (roughly 200 US dollars) looks critical for Ether now. This price is also the 61.8%. Retracement from the August 2019 high at the months beginning. It has been hovering around that area for the last 24 hours without any success in overcoming it. There was a good sell-off yesterday to 170 euros, which was quickly absorbed by the bulls, possibly providing liquidity at the price. Sooner, the daily closes above it, the better Ether becomes for longs. But this looks like it could take a while. A good aspect for the ‘Bulls’ is the relative increase in volume (not significantly) of buying at this price now which could increase the price. Additionally, the daily RSI is low, but has a hidden bearish divergence on the 4hours. I will be placing my buy orders at 173-175 euros region with a stop-loss at 170 euros. My expected price movement is drawn above because I feel there will be a little selling off at this resistance level before price jumps above. PS: Not a financial advise, just my own ideas and risk while I learn to lose money. Longby foolsbookieUpdated 2
ETHEUR BUY TP_145.35_18.74%_22.94pips_SL_108.55_11.32%_13.86pipsETHEUR BUY TP_145.35_18.74%_22.94pips_SL_108.55_11.32%_13.86pipsShortby UnknownUnicorn2283113Updated 0
Interesting zone for EtherEther could be consolidating between 200 and 211 euros before making a clean break upwards. Possibly a good time to take small longs now :-) Again, this ain't financial advice, but simply educated gambling and socially accepted gambling :-) Trade at your own risk. Longby foolsbookieUpdated 1
ETH / EUR long term overviewLets take a look at ETH from longer term weekly perspective . In previous bull cycle ETH consolidated in triangle pattern and weekly MA21 served as support line. When ETH started downfall, MA21 acted as main resistance zone. Now we are in similar situation. Price broke MA21 in a bull run and felt back to it again acting as support now. Will the price go up or down? MACD indicator shows signs of trend reversal while DMI indicator still favors bulls with ADX line above 25 points showing bulls are still in control for now I see following options sorted from most probable to least. 1.) If the cycle repeats itself, we should see pennant pattern forming confirming price consolidation leading the price to be locked between 175 and 300 EUR for the majority of 3rd quarter of the year and it can lead to: 1a.) New bull run and price rising to 300 and 400 EUR sometimes in 4th quarter 1b)Trend reversal and price falling back to 160 EUR acting as new support. 2.) Price reversal is confirmed and price will fall to 160 EUR acting as new support. 3.) No pennant chart patter will be confirmed and price will quickly recover back to 300 EUR and goes higher by the end of august. As mentioned above I believe new pennant chart patter is forming and we can have some nice trading opportunity trading the upcoming waves. I would love to know your opinion. Let me know in comments what do you think.Longby MajklDaky3
A Perfect Opportunity. longterm bottoming trendline reached.Last idea was about going short ETH. Now we've pretty much reached our target and I remembered this channel that I've used when I was fishing for a bottom in ETH. I actually bought eth then at around 70 euros. But I sold quickly since I didn't believe the bounce as most us here didn't. And watched the price run away. Well now we've got an entry at same exact spot the market bounced furiuosly the last 2 times. And with the oscillators being at oversold territory can't see a reason not to take this chance one more timeLongby MedianLineAnalysis225
Ethereum long term view if parabola is true (daily)I guess we are ending a wave 2 and as the market didn't give a true place to the altcoins, it is quite possible that the growth will come. The funny part is the fact that, considering the parabola approach, we should see the highest potential around christmas again ... Let me know your thoughts. Best regardsLongby MandoloUpdated 1
Could ether be holding/consolidation to play out this Long? The Fibonacci Retracements are from the 2018 dump in July, 2018. After capturing the 38% retracements Support, it consolidated for a while, and then sprung to above 300 euros. However, that was also aided by the BTC parabola. Now, it is consolidating just below the 50% retracement after the dump the past Wednesday. Extracting the bullish fractal from the 38% retracement and inserting them on the now below 50% consolidation, the similarity in fractal suggests a move unto 330 euros. I would not be surprised that ether does reach that value, and especially if BTC starts to range in the 8000-12000 () euros range for a while. With the R:R: 6.24, this trade makes it worth taking Stop/Loss: 225 euros Target: 300 eurosLongby foolsbookieUpdated 1