ETHUSD testing resistance, potential reversal!ETHUSD is testing our first resistance at 166.02 (61.8% Fibonacci extension, 50% Fibonacci retracement, Horizontal overlap resistance) where a potential reversal might occur pushing price down to our major support at 142.85 (61.8% Fibonacci extension, 38.2% Fibonacci retracement, horizontal pullback support).
Stochastic (89, 5, 3) is testing resistance at 92%, where we might see a potential drop in price.
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ETH-USD
ETH/USD with Constantinople Taken in to AccountCan't wait to see how this plays out.
Reasons why I think these are the scenarios:
ETH/USD is in a clear cut bearish downtrend but there is three hard forks including the Constantinople upgrade of the Etherium blockchain.
Notes
ETH failed the break the trendline again and bulls look a little exhausted.
There is currently nothing to show in the TA there will be a breakout uptrend.
Constantinople
May cause a new level of support if it break the trend.
May cause more rapid sell-offs if there is a quick downtrend, some will have been buying for a while and take profit or panic sell.
May be a complete anticlimax, or the forks may even devalue and dilute Ethereum market cap
May cause amazing breakout against the trend as per the arrow above
ETHUSD approaching support, potential bounce!ETHUSD is approaching our first support at 135.22 (horizontal swing low support, 61.8% Fibonacci retracement, 61.8% Fibonacci extension) where a strong bounce might occur pushing price up to our major resistance at 163.96 (horizontal swing high resistance).
Stochastic (55,5,3) is also approaching our support where we might see a corresponding bounce in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
ETHUSD bounced off support, potential for a further rise!ETHUSD bounced off support at 117.2 (horizontal swing low support, 78.6% Fibonacci retracement , 100% Fibonacci extension ) where a further rise might occur pushing price up to our major resistance at 161.8 (horizontal swing high resistance, 61.8% fibonacci extension , 50% fibonacci retracement ).
RSI (55) bounced off our support where we might see a further rise in price.
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Losses can exceed the initial investment so please ensure you fully understand the risks.
ETHUSD approaching support, potential bounce!ETHUSD is approaching our first support at 124.75 (horizontal overlap support, 50% fibonacci retracement) and a strong bounce might occur above this level pushing price up to our major resistance at 156.19 (horizontal swing high resistance). Ichimoku cloud is also showing signs of bullish pressure in line with our bullish bias.
Stochastic (21,5,3) is also approaching support where we might see a corresponding bounce in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
Posible inversión en ETH/USD prevista en el muy corto plazo.Ethereum ha experimentado una recuparción en su precio durante los últimos días. Hoy, aunque es un dia de caída de precios para el mercado de criptomonedas, se ve esta posible oportunidad de sacar una rentabilidad en grafico de velas de tres horas.
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Declaración de riesgo y descargo de responsabilidad.
El comercio o inversión en el mercado de activos criptográficos mediante contratos de futuros, pueden ser inadecuados para muchos inversores ya que estas modalidades de inversión, hay riesgo potencial de pérdida parcial o total del dinero invertido.
Es preferible que se usen fondos que se puedan perder sin afectar la economía de quien invierte o comercia en estos mercados, además de que solo una parte de esos fondos deben dedicarse a cada transacción, ya que quien comercia o invierte en estos mercados, no puede esperar beneficio en todas las transacciones comerciales que lleve a cabo.
Cualquier consejo, punto de vista o ejemplo expresado en las publicaciones, es derivado de la propia experiencia o investigación del autor, y son usados para fines educativos o didácticos. El autor es libre de responsabilidad por las decisiones de inversión que realice quien vea los artículos publicados en esta cuenta, sin importar si dichas decisiones son influenciadas por el hecho de ver estas publicaciones. El autor, al compartir la información contenida en las publicaciones, asume que quien lee es capaz de usar la inteligencia y la sensatez, así como de hacer un criterio por sí mismo ya que es la o el único responsable de las transacciones que realiza. Si se considera no poder ser capaz de lo descrito anteriormente, evitar ver estas publicaciones.
Todos los asuntos relacionados con la tributación de impuestos de las ganancias obtenidas por el comercio o inversión en el mercado de activos criptográficos, deberán ser consultados a un profesional en política fiscal del país donde habite la persona que le sea pertinente estos asuntos.
ETHUSD approaching support, potential bounce!ETHUSD is approaching our first support at 113.24 (horizontal overlap support, 61.8% fibonacci extension, 23.6% fibonacci retracement) and a strong bounce might occur above this level pushing price up to our major resistance at 128.27 (horizontal swing high resistance). Ichimoku cloud is also showing signs of bullish pressure in line with our bullish bias.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
ETHUSD approaching resistance, potential reversal!ETHUSD is approaching our first resistance at 101.3 (61.8% Fibonacci extension, 38.2% Fibonacci retracement , horizontal overlap resistance) where a potential reversal might occur below this level pushing price down to our major support at 89.50 (61.8% Fibonacci extension, 61.8% Fibonacci retracement).
Stochastic (34, 5, 3) is approaching our resistance where we might see a potential reversal below this level.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
BTCUSD approaching support, potential bounce!BTCUSD is approaching our first support at 3039 (61.8% Fibonacci extension , horizontal overlap support) where a strong bounce might occur above this level pushing price to our major resistance at 5026 (100% fibonacci extension , 38.2% Fibonacci retracement , horizontal overlap resistance ). Stochastic (89,5,3) is also approaching support and we might see a corresponding bounce in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
BTCUSD reversed off resistance, potential for further drop!BTCUSD reversed off our first resistance at 3567 (50% Fibonacci retracement, horizontal swing high resistance) where a further drop might occur below this level pushing price to our major support at 3088 (61.8% fibonacci extension, horizontal overlap support).
Stochastic (21, 5, 3) has reversed off resistance and we might see a corresponding drop in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
BTCUSD approaching support, potential bounce!BTCUSD is approaching our first support at 3076 (61.8% Fibonacci extension, horizontal overlap support) where a strong bounce might occur above this level pushing price to our major resistance at 3579 (61.8% fibonacci extension, 38.2% Fibonacci retracement).
Stochastic (89,5,3) is testing our support and we might see a corresponding rise in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
ETHUSD approaching support, potential bounce!ETHUSD is approaching our first support at 106 (100% Fibonacci extension x2, 78.6% Fibonacci retracement, horizontal swing low support) where a strong bounce might occur above this level pushing price to our major resistance at 122 (61.8% fibonacci extension , 78.6% Fibonacci retracement ). Stochastic (55,5,3) is approaching our support and we might see a corresponding rise in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
ETHUSD reversed off support, potential rise!ETHUSD has reversed off our first support at 102 (100% Fibonacci extension , horizontal overlap support) where a strong bounce might occur above this level pushing price to our major resistance at 139 (61.8% fibonacci extension , 23.6% Fibonacci retracement ). Stochastic (89,5,3) bounced off our support and we might see a corresponding rise in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
BTCUSD approaching support, potential bounce!BTCUSD is approaching our first support at 3059 (61.8% Fibonacci extension , horizontal overlap support) where a strong bounce might occur above this level pushing price to our major resistance at 5001 (100% fibonacci extension , 38.2% Fibonacci retracement , horizontal overlap support). Stochastic (89,5,3) is also approaching support and we might see a corresponding bounce in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
ETHUSD approaching resistance, potential drop! ETHUSD is approaching our first resistance at 131.59 (horizontal swing high resistance, 100%, 61.8% Fibonacci extension , 23.6% Fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 105.14 (horizontal swing low support).
Stochastic (89,5,3) has reversed off resistance and we might see a corresponding drop in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.