Ethanalysis
ETH analysis on hourly chart [Long or Short]ETH is now on a resistance level (176-180) and sellers are trying to sell at this level. We can wait for some solid rejection and get onto short position with stop at high and targets for the short will be around 150$(strong demand zone), our support.
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ETHUSDt signal, local movement(SHORT)Everything on the chart.
open pos: market
Stop: 179$
take profit: area 164-161$
Risk 1 to 4.5
Hello everyone, almost year ago i have lost my deposit(almost 8btc and i'm still broke w/o deposit and job,I can’t do my favorite thing,It's just free ideas for you) and now i'm trying to get back to the market. If i help you to earn some money i will RLY VERYVERY THANKFULL for your donate(PM to me). Also open to your suggestions(PM).
Eth local scenario (LONG)Everything on the chart.
the green scenario is relevant, locally we are moving in the channel, 2 areas for profit taking, if this is a corrective movement and we dont breking the trend line in the area of 184$, we will most likely continue to fall, if we've breaking, an impulse will be formed in the area of 200, we completely fix the position and wait the correction.
Hello everyone, almost year ago i have lost my deposit(almost 8btc and i'm still broke w/o deposit and job,I can’t do my favorite thing.) and now i'm trying to get back to the market. If i help you to earn some money i will RLY VERYVERY THANKFULL for your donate. Also open to your suggestions.
ETH 200% PROBABILITY ! 550$Traders,
Here we have ETHUSD 1D chart.
Fundamentally ETH have 2.00 phase next Jan 2020.
Technically we have many things to say about ETH:
1- The last Fib level that we reached last rally was 3.618 non broken, but this rally made us a new top to have weekly triangle with ratio 0.618 with high probability to be tested as its point of control on VP.
2- Last Rally in wave analysis was wave 1 and we had wave 2 correction now we will have wave 3 after this breakout wave 3 will higher high the previous one
3- Five TPs to have 5 movements towards the heaviest VOL
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Regards,
Mohsen
Don't miss the great buy opportunity in ETHUSDTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (146.85). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. Ethereum/US Dollar is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 65.
. The RSI downtrend #1 is broken, so the probability of beginning of uptrend is increased.
Take Profits:
TP1= @ 163.30
TP2= @ 191.75
TP3= @ 223.20
SL= Break below S2
ETH hits first target area, more downside to $85! ETH just hit our first target area after nearly 20 days falling from the $156 retrace area down to $122 and then some. From here if we follow market structure price can retrace into the $138-140 area before breaking through $122 and into our target area of $85. Price could theoretically move up to the $150 level where the impulse started but that is unlikely if the market structure trend should continue.
Right at support at $122 some strong buy volume came out which is a little concerning but overall the downtrend looks to hold well.
Don't miss the great buy opportunity in ETHUSDTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (147.35). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. ETHUSD is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 38.
Take Profits:
TP1= @ 168.00
TP2= @ 191.75
TP3= @ 224.15
SL= Break below S2
Ethereum price overview (waves) 11.10.2019Hi, crypto investors :)
As part of the current structure of the price of Ethereum, our fund is considering the possible start of a bull rally, which we was written about earlier.
We recommend considering to buy from the level prices of 180,177,174 (with a stop loss at 168) with the expectation of holding the position until the end of 2020.
If the local bullish growth cycle starts successfully in the wave C (Minor), we recommend using any local price correction for purchase ETH.
Ethereum Forecasting a Bullish trendEthereum has gone up against a scene of mix today as the gathered crypto markets continue trying to make sense of which heading they will move straight away, and it is especially conceivable that in the nearby term most major altcoins like ETH will eagerly pursue Bitcoin's worth action. Examiners are at present observing that Ethereum may a little while later achieve essential upwards power, yet this believability requires that its bulls bolster its cost going before its day by sunshine close later today.
Ethereum Surges Towards $180 as Bitcoin Consolidates. At the hour of making, Ethereum is trading down vaguely at its present expense of $177.80, which indicates a slight rising from its ordinary lows of $174 that were set medium-term. Ethereum is by and by trading on a very basic level off of its continuous highs of over $220 that were set in mid-September, regardless of the way that it is similarly fundamental to observe that it has recovered from its progressing lows of under $160 that were set all the while with Bitcoin's drop to $7,800.
News Source : TheCoinRepublic
Ethereum price overview (waves) 02.10.2019Hello, friends!
At the request of our investors, we are launching the rubric "Ethereum price overview (waves)".
As part of the current situation, our fund expects a rally of bulls for Ethereum.
We recommend to consider buying in the range of 150-120. Stop Loss - 100.
The target level to get profit - 700.
ETHBTC Analysis 08/06/19Ethereum keeps struggling against the Bitcoin with no sign of any attempt by the buyers that would lead us to expect some relief in the near-term. The pair keeps diving toward new year lows, for now sitting at 0.019 BTC.
Sellers are fully in control as they have since the beginning of the year. Ethereum is strongly suffering from Bitcoin's dominance that keeps rising.
Stochastic is showing some bullish divergence with current price trend but as this isn't backed by volume, we could see the stochastic oscillator crossing back below the oversold line.
There is still no sign of any reversal and we expect rebounds to be sold in the near term.
Raphaël Comte
Investment Analyst at Token Metrics
Disclosure: Token Metrics is a regular publication of information, analysis and commentary and does not provide individually tailored investment advice. Its principal has advised and invested in many blockchain companies. A complete list of his disclosures, advisory roles and current holdings can be viewed here: ianbalina.com .
ETHBTC Analysis 08/05/19Ethereum broke through the 0.02 level, making a new year low at 0.0194. Since the beginning of the year, Ethereum has kept making lower lows and lower highs. Bitcoin dominance keeps growing is now at 67.7% vs 65.5% last week. Bitcoin's pumping phase is not over and sends a clear signal that investors are not yet inclined in transferring some of their funds in bitcoin toward altcoins.
With the federal reserve rate cut and the continuing quantitative easing, we expect risk-appetite to grow among investors on the medium-term.
The stochastic oscillator has bounced back from the oversold zone, showing a crossover. However, volume remains low, therefore any entered position should be done with caution. As ethereum keeps evolving in a strong downtrend, we expect any rebound to be short lived, sellers taking them as advantage to enter.
We expect the downtrend to continue in the near future.
Raphaël Comte
Investment Analyst at Token Metrics
Disclosure: Token Metrics is a regular publication of information, analysis and commentary and does not provide individually tailored investment advice. Its principal has advised and invested in many blockchain companies. A complete list of his disclosures, advisory roles and current holdings can be viewed here: ianbalina.com .
ETHBTC Analysis 08/01/19ETH continues its lower drift toward the year lows and support level at 0.02. ETHBTC remains bearish and doesn't show any sign of reversal as BTC dominance keeps climbing. A bounce could be expected around the 0.02 level but buyers would have to reclaim the 0.023 level and hold it in order to bring some relief.
Raphaël Comte
Investment Analyst at Token Metrics
Disclosure: Token Metrics is a regular publication of information, analysis and commentary and does not provide individually tailored investment advice. Its principal has advised and invested in many blockchain companies. A complete list of his disclosures, advisory roles and current holdings can be viewed here: ianbalina.com .
Ethereum (ETH) Bulls Eyeing New HighsYesterday's daily close above the $300 key resistance meant that Ethereum bulls are likely eyeing new highs. That said, the market could see further consolidation within the ascending triangle pattern in the next few days but a test on the upper triangle at $325 - $330 is very likely. Even though this kind of pattern tends to be bullish biased, we should not make any hasty conclusion as the market has yet to solidify its course, which can only be confirmed by a prevailing breakout from the triangle. Until then, there are two things to watch out for:
1. A trend reversal as price protrudes from the upper triangle, as what the sample pattern on the upper right illustrates.
2. A breach below the lower triangle is probably the best time to exit the market.
Ethereum Bears Showing Their StrengthEthereum on the daily time frame broke the low of $233 which was support and it’s clearly more bearish than Bitcoin and the others. Our new daily lower high is $254.4 and anything under that level is just a lower high of a bounce attempt. The next support is at $222.8, really important support level because after that, there is no nearby support level and would be notable.
This is a scenario where all the top cryptocurrencies are going down, Ethereum is simply going down faster and we can clearly see that in the ETH/BTC chart. The 4 Hour chart was certainly indicating a lack of strength even though it was a trend change. There was barely any continuation after we changed the trend, hitting $251. A lot of upper wicks started to appear which indicates lack of strength and bears holding the price.
Nonetheless a bullish candlestick is forming in the 4 Hour Chart and the RSI is getting closer to the oversold zone which could indicate a small bounce but we have to be cautious and realize we are still in a downtrend on the daily chart.
Ethereum 2.0 development is on schedule and might play an important role when it’s finally completed, although this is planned to happen in 2021 so it is still a long way until that.