ETHEUR trade ideas
ETHEUR possible breakout tradeLet's see if this breakout holds.
Then it might be a good opportunity to trade long position up to
the next major level, which would be around 375. Finally ETH is
showing some heartbeat :)
Holding ETH is like Time Traveling !Just an observation for my first idea on TradingView. ETH is lower than 10 months ago (06.2017)
Any idea why is ETH on downhill ride for that long?
Ethereum: BUY NOW WHILE YOU CANGOT TIPS FROM SERIOUS SOURCES, SILICON VALLEY GUYS
Prices about to EXPLODE, selling all my stuff ASAP to invest
What's your take on this? Also thinking about these Spotify stocks, or should I say Spotify SUCKS! CRYPTO 4EVER FOLKS
Down Trend continues on EthereumFirst of all there was a huge volume deposited from the market on 29.03.2018. It leaded to a minimum of 291 EUR.
The downtrendline from the absolute top-price, 1160 EUR, crosses the way soon.
300 EUR acts as support, 340 as resistance.
The fibonacci retracement fits well to the 1h and 15min frames.
From the low and the double confirmation at 338 EUR it forms a decreasing triangle. It also could be a Wedge continuation. Both cases lead to the conclusion that the price will fall.
I Just Bought ETHMany say that the market for Crypto's is dead right now! And that is absolutely true. But ETH has a beautiful structure based long signal. Thats the reason why i went long!
For the defensive traders, wait till the market broke through the trendline!
I do not know how far the market is able to go! But it is also possible that market will make another all-time high!
Ether in danger zone It found support however, it got some resistance above so let's see what it will do.
Does Ethereum want to consolidate?Does Ethereum wants to consolidate between those 2 Daily Structures?
Maybe... But first, I will wait for a double top in the Daily Structure Area and then short it, until the lower area is reached.
Falling Wedge ETHEURThis falling wedge on daily should indicate some bull movement
if successfully completed. Let's observe the situation and see what happens.
ETHEUR another drop?Descending triangle forming (blue and orange line) between downward
channel and new support. Will it succed and show us the new lows or bounce
off the support and head into bull trap?
Waiting for double TOP completion on ETHEURFailed double bottom initiated double top completion.
If completed, this could lead to another selloffs.
ETH/EUR - Buy OpportunityFrom here we are near to a big support area. Start to buy from these area and make some good profits....
These TA´s is only for education, not an advice to buy.
Short Term ETHEUR support bounceHeavy testing of ETHEUR lower support channel. Finally a small bounce.
I hope there are some bulls left behind this move. I'd sure like to see some!
ETHEUR - Ethereum heading to support then expecting a bounce upSupport around 330-340 euros.
Expecting Eth to go around that, at least 360 and then bouncing up to have a bull run
At the moment, a possible descending triangle corrective wave is going on.
Watch for point D, if resistance doesn't break, expect downtrend to E and then eth becoming bullish again.
Ethereum The Ultimate ChartHello Everyone,
This will be my chart to follow until this correction is done. It's a crazy map of resistances and supports, fib retracements and trendlines.
Right now it seems like the volume is not particularly strong, however we are still have more pressure on the downside.
We are resting the current bearish Candle on a support line, and by the looks of it we will Close below it.
Next major support is 350, which is a price i will evaluate as a entry zone, but there even a possibility that it won't hold as well. (Green Box)
What we're exactly looking for here is a high volume bounce of any of the supports in the first place, if that doesn't happen we should be looking for a spot where the price is consolidating e.g moving slowly between a point of a support and resistance point.
My impression of this chart is that we might look at 160-200€ the very bottom.
I will update my prognosis with this chart , and this will be the only chart i use until this correction is over.
Feel free to zoom out or in :) I have set my forecast for the low and high price (end of this cycle and start of the new one).
ETH/EUR on track to test 78.6% Fib at 382, stay short Price action rages in 'Symmetric Triangle' pattern and we see scope for test of 'Triangle Base' and 78.2% Fib at 382 levels.
Breach at 'Triangle Base' could see further downside. Scope then for test of 88.6% Fib at 282 levels.
On the flipside, breakout above 5-DMA could see test of 20-DMA at 494. Breakout at 20-DMA invalidates bearish bias.
Support levels - 382 (converged trendline and 78.6% Fib retrace of 168 to 1168 rally), 370 (March 18 low), 334 (Dec 8 low)
Resistance levels - 422 (5-DMA), 493 (20-DMA), 500
Recommendation: Good to short rallies around 400, SL: 422, TP: 382/ 370/ 335
What's going to happen to ETH?Here are my thoughts on ETH for 2018.
There is an ongoing linear growth since 2017. The linear growth was left 3 times but then returned back to linear support forming a flag pattern. After the flag we had a huge breakout to a new all time high.
So right now we might be in the beginning of another flag-pattern wich ends at the end of 2019 where another huge breakout might happen.
Are we going to see the same in 2018?
Feel free to comment I would like to discuss this idea and see wether you agree or not.
We are waiting (ETH)Looks like a breakout is likely to happen around mid april/early may. This can go both ways but i have my reasons to be still be bullish despite the current price action.
Right now we are moving down in a wedge.
This is likely to break to the upside when reaching the lower end, we might hit the closest resistance point and consolidate/slowly move down again.
However we should note that the pattern isn't exactly of a symmetrical triangle but rather resembles it a bit, as we have not made contact with the lower end of the uptrend channel more than once, this is making me think that we could be extending the dowtrend a bit more outside the pennant and make contact with the uptrend line and get closing candle at least twice before we get any real confirmation of anything.
There is a a general bearish sentiment, and we are still in a downtrend but i think that we can hit a reversal sooner rather than moving down to the beginning of the uptrend e.g moving down to the major support line(s) - blue lines.
So now we are waiting... And don't jump to any conclusions to fast, acknowledging that we are still under the bears control and trade with caution, Scalp trading with small position is best here before going in for a big long.
