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.
ETH-USD
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.
Etherium being squeezed, watch for a potential bearish breakout!Etherium is currently being squeezed against major resistance at 987 due to our ascending support line pushing it up bit by bit. We can see major resistance at 987 (Fibonacci retracement, Fibonacci extension, horizontal overlap resistance) and a strong reaction could occur at that level to push price down towards 781 support (Fibonacci retracement, horizontal swing low support). We do have to keep an eye on our ascending support line as only a break of that support line could signal a bearish acceleration in price.
Stochastic (34,5,3) is seeing major resistance at 98% where a corresponding reaction could occur.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
Game Of Thrones - KING Back To Base Land - Hello queen5 waves to correct large bubbles
Quad correction can not work for Bitcoin
At the moment you see this map, the market is red
There is a blood bath and you are seeing a lot of money losing
But it was quite natural for me
This story is not over!
Investors no longer trust Bitcoin
Jade's coins will soon be replaced by Bitcoin
But this is not the end of Bitcoin
It will soon be replaced
Hello queen
Queen
ETH 1D -----My precious-----COINBASE:BTCUSD
COINBASE:ETHUSD
AMEX:SPY
Fib Buy/sell
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ICX/BTC 400% HEALTHY MOONICX is working these FIBs like a charm, if we look at the FIBs in red on the chart we can clearly see a pattern. It reached the fantasy 4.236 FIB then retraced a bit lower than the .786 Retracement FIB. This market seems to do that, it retrace slightly LOWER than the .786 which is unusual but they've done it many times now so the unusual pattern is becoming the usual for the market. If you guys compare the red fib level (after it reached the 4.236 FIB you will CLEARLY see a very similar pattern to the current support/resistance level (0.0006671 - 0.0008479). This trend is also backed by 3 touches on the trend line (yellow bar). This is a VERY healthy chart to me.
Buy zone: 0.00075 area
First target: 0.00135 (you should exit here if you dont want to gamble and/or aren't an experienced trader)
Second target: 0.00170
Possible fantasy target: 0.00223
A bit of Fundamental Analysis as well: ICX is only available on Binance and we all know what happens to coins when they are added on big platforms like Bittrex and Poloniex.
Follow me on telegram if you want to be updated on this trade.
Let me know what you guys think im the comment!
Bitcoin Long-term Bull-trend intact. 'Nuff saidI'll hold/ Buy the dip over here. This is also why I suggest taking some profits on the way up, and always have cash with you to buy any dips :)
Meanwhile, look at $ETH. It's looking great, and perhaps even set to do the flippening again (unlikely, but wow that'll be amazing. Could come close though)