ETHUSD (Volume Analysis Prediction 3/26/2018)Signal: out of positions
The coin, like the main part of the market, continues to descend
Now ETH is at the beginning of growth, this is a zone with a very high potential
But the lack of volumes is alarming, this reason makes aggressive purchases dangerous.
In this situation, it is better to wait for confirmation of the trend reversal:
(anomalously high volume, break out the last top of the downtrend, break out the downward trend line)
It is important to understand that in case of a reversal this will not be forced growth,
it will be a slow growth (the investor must again believe in the market) with gradual acceleration
For the growth of ETH, it is important that the entire market begins to recover
In my opinion, the entry point should be searched:
After price break out the last top of the descending trend (zone @590 - 610)
Or at the extreme point, where a rollback from the current zone is still possible, you have little risk,
and great prospects for profit (zone @ 415 - 395, stop 375)
ETH-USD
ETHEREUM (ETH) - Gartley FormationThe Ethereum price is bullish since yesterday. It broke the resistance level at 555 and getting close the major resistance level at 622. The price was rejected few times at that level and it is more likely will do again. After this bullish move, the buyers will take their profits, which will push the price down. Moreover, the more sellers will step in that gives the additional selling momentum.
There is a potential Gartley formation that provides the detailed guidance for entry and exit. Also, this increases the probability of this setup.
T1 – 38.2%
T2 – 61.8%
ETH USD Down to 450 $ ! Hi Everyone.
So everyone is talking about ETH going down, so I took a look at 1 day charts to see what's going on. From what we can see, we have broke the support line from 2017, and the next one is from 2016. Pivots on 1 day charts showing us that the first support should be around 650 (we are far away from that, so don't hope for going back there). The next support showed by Pivots is 484, but from my experience by the time we will get there it's gonna change for about 10% so it won't be 484 but around 445. So my Target is 450 by 26.03.2018. Where we should start reverse to uptrend. Lets see if we will get there.
Thank you for reading, feel free to leave your feedback .
This information is not a recommendation to buy or sell. It is to be used for educational purposes only.
ETH-USD on the road to $400After the breakout of the double support, static at $600 and dynamic with the 200-day Simple Moving Average, ETH-USD is heading toward the next important support at $400. Today high volume, at 10am (GMT) 151K, the 10-day moving average is 159K and yesterday's volume was 141K.
Is Opportunity Here? - ETHEREUM AnalysisThe ETHUSD market was being ‘quit’ recently. Sellers and buyers are not committed themselves to control the price. However, there could be an opportunity for long. The market is close to the structure low that is mini support at 680 area. The price respected that level few times and it is more likely it will do it again. The second structure low is at 660, which acts as support as well. The more conservative approach will be to wait the price to be bounced back at these key areas and then open the position.
ETHUSD - Moment of TRUTH! Will it go UP or DOWN!?Moment of truth for ETHUSD - from my TA, it seems there are two possible directions for ETHUSD. It is either going to follow the uptrend channel OR it may fail and seller may push it downtrend.
Some key notes:
- RSI is neutral
- Volume is there
- MACD is ready for putrend
- STochRSI is ready for uptrend
With that said, we have been faked out plenty of times in the past week. I will be watching this closely to make a trade decision.
What to do - Sell or Buy ETHEREUM (ETH)?!The Ethereum market moves sideways today. There is a clear triangle formation that creates a good trading setup. There are two possible scenarios that may develop. First, the price is at the structure (red box) that acts as mini support. The price may bounce back and go up as we saw the market was bounced everytime it touched that zone. The second scenario is the breakout. If the price breaks this trendline (dynamic support), it is more likely the price will go down and will be selling opportunity.
Quo vadis ETH / EtherEther relies on its smartcontract / ERC20 capabilities to justify its place among the top 3 cryptos. It is less a currency than more a technology token. Technology however is poised to improve fast where the latest hottest tech tends to replace the former leaders fast and furious.
Anyone remember search giant Altavista? Does anyone still use Yahoo to search? Nokia? Motorola? Blackberry? Palm? Once tech leaders now fallen angels.
Carefully watch the next smart contract contenders.
Neutral.
ETHUSD: Potential Bat Pattern - ETHEREUM H1The ETHUSD price didn’t move much last few hours. Also, it is weekend and no strong momentum expected at those times. There is a structure high at $770 area, which acts as resistance level. If the price go close to that level then, it is expected that new sellers step in and price bounce back. Moreover, there is a potential bat pattern formations, that increases the probability of this trade.
T1- 38.2%
T2 – 61.8%
ETHUSD: Ethereum Bat Pattern | Harmonic TradingAs many other cryptocurrencies, ETHUSD experienced significant fall as well. There are strong bearish bar on H4 ETHUSD chart and it getting close to previous structure low at 556. These sellers are going to lock their profits sometime soon and new buyers are going to step in as well. The best key area seems to be that structure low.
Moreover, the price forming Bat pattern, which provides exact guidance for entry and exit. It is getting close to entry point of 88% Fibonacci retracement and it could be a good opportunity to go long.
T1- 38.2%
T2 – 61.8%
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V2:T1_XMRETH_Long_UPTREND!Very interesting trade. Curious to see how it plays out. Daily and 2 hour chart shown.
Entry targets and stop levels shown on chart.
If you found this analysis useful or thoughtful Likes/Comments/Follows are much appreciated!
Disclaimer: Different data shown. |V1-T1 = Volume 1-Trade 1| Material is educational only. Trade at your own risk!
Why ETH will be 1000$ soon?ETH has broken downlink canal.The resistance of $ 880 (0.382 Fibo) does not allow the coin to rise higher. The coin does not have the necessary volumes. That should change soon. Below the falls , as miners don't sell below 800$. Who wanted to take the ETN now , you can safely buy it. Personally, I'll take a break level 880$ and higher. The coin will then start trading in the new channel and will come to$1000. In the area of 970 and 900 will put sell orders. Successful selling - the reentry 900 - 935.
ETH/USD Daily. Identical Uptrend SignalExpecting ETH to reach 1400s in April. Im not a fan of long-term investments but this one seemed so perfect, I had to share it. Completely identical movement in log scale. The price level is positioned between MA 50 and EMA 144 just as in the period leading up to the previous breakout.
Etherium has dropped perfectly to our major support!Etherium has dropped strongly after breaking our major resistance level and is now right on our major support level at 778 .62 which is a fibonacci retracement, extension, overlap support and has bullish divergence level.
Our next major level of resistance is at 907.45 which is similarly a fibonacci retracement, extension and overlap resistance level.
It is worth noting how stochastic has bounced off our 6.5% level multiple times and we could be seeing another such bounce line up.