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$ETH #Ethereum GETTING READY FOR NEW ATH!!!Hello Lads and Ladies, Today looking into ETH we see some quite nice possibilities. Right now forming a cup, ETH might repeat itself for the third time and make HUGE pump, even with a possibility to a new ATH in BTC value. Everytime ETH makes this formation, it get very bullish and pumps at its peak with 100%. At this moment we have to see if ETH will test and stay at 0.09BTC value, which would be the 38.2%. In this case we will see the displayed pump, start right there. The targets would be the 61.8% fibs (which was the closing pump candle from the previous pump), the 78.6% fibs (which was the very peak of the last pump) and then the 100% fibs (which is still the ATH). From there it might push even more and touch the 127.2% fibs line and allocate its new ATH there. I chose for this chart the reverse fibs retracement because it has been respected quite exactly in the last period of time. Furthermore, the 100% pump would be right around 127.2% fibs line. I know this would be a very nice scenario and we would come a step closer to the lambo. ANYHOW, there is quite a chance that as soon the cup is formed and the 38.2% fibs line hit, ETH will stay in a channel and retrace back to the 0% fibs or even further down to 0.05BTC value (which would be the 127.2% fibs line, if this would not be reverse) looking at it this way, if BTC is at 20k $ that would still be 1000$ for ETH. Even though, there are many rumors for ETH hitting 5k $ this year, where the next pump would be a nice beginning. Short term, watch for the 38.2% fibs line ( 0.0900 BTC value) and see if it starts pumping or retraces down to the 23.6% fibs where it would be the next crucial point. Long term, if it enters the channel, trade the channel. If it pumps, you have the targets. If you are already in, you can gamble 20%-40% that it will retrace back to 23.6% fibs at least for a short period. Cheers, Tomas
Long
by KongTrading
ETHBTC - Key Resistance Point for Ethereum Eth is constantly trying to pass the 0.085 level for the week. However that value proved its strength. If Eth breaks 0.085 level we will be heading towards 0.100 If Eth fails we may see a drawback to arround 0.074 where 100 MA is resting. So look at the volume and the current pricaction and evalute according to what the next days bring. PS: You can follow us from social media to be tuned with latest news and discussions by searching CryptoCholics. Disclaimer: This is not a financial advice, always make your own research and evaluate what we share here. BESTS, CryptoCholics out, Peace out
by KaptanFantastik
ETH/USD (Ethereum token) BREAKOUT WAVES $746=UP $677.50=DOWN!ETH/USD (Ethereum token) Semi log scale, 360 minute chart, 05/16/18, 6:07 PM EST, by Michael Mansfield Hi trader friends! ETH lower first? BOTTOM LINE: Ethereum is likely in the middle of its final leg lower to complete an ABC Elliott Wave double zigzag correction. However, there is the potential of a breakout up at the "area 1 black horizontal line" off recent high, since there are 5 waves off the recent low, but only on lower time-frames. However, the most likely scenarios is that a larger double zigzag correction lower to either of the previous two Wave 4 reversal areas, at $633 and $590, where the dual dashed green lines are, is most likely at this time. BUT, IF AN EARLY BREAKOUT UP: If Ethereum breaks above recent swing high at $746.06, that occurred yesterday, 05/15/18, on this data, then ETH would likely see a larger degree Wave C up, or the structure could be a dynamic Wave 3 of 5 up. But again, the probabilities are that ETH is in a larger Elliott Wave ABC double zigzag correction lower, one that will lead ETH/USD to $633-$590 areas first, then up. TRADER TIP: GO WITH THE MOST LIKELY PROBABILITY: After a 5 wave advance, the likely target zone for and ABC correction down, to what I call “The Best Buy Zone,” is the prior Wave 4 or the prior Wave 4 of lesser degree, shown herein by the two dashed green lines on this chart (labeled Wave IV and Wave 4). So if we see this market drop to between $633 and $590 on declining momentum and declining volume, that would then likely be a nice-lower risk-area to buy into. RISK OF A DEEPER DROP BEGINS AT $516: Breaking below the lower BLUE Andrews Pitchfork support line, currently moving upward yet at $516 where I have labeled the potential Wave C low, would likely lead to a move down to $420, the lowest pitchfork support line (black), or maybe far lower! But that looks less likely right now. CYCLES: Longer-term cycle (blue) is still heading lower, but this is on limited sample size of data. So, the blue cycle is less trusted at this time. However, if accurate, a more bearish outlook would be necessary. The medium-term cycle (green) is strong up (more data=more likely). The shorter-term cycle (red) is moving down in line with a correction lower for now. SUMMARY: This cycle combination best fits a bit deeper correction, for now, then up in the direction of the green cycle, for either a large degree Wave (C) bounce or Wave 3 of 5 up to nearly a new high. CONFIRMATION EITHER WAY: The next 3-5 days will likely provide the wave structure and breakdown lower, or breakout higher, which would then likely provide a roadmap for the next 3 months or price movements. DISCLOSURE:  This analysis is meant for educational purposes only. You trade at your own risk!  Cheers and good trading, Michael Mansfield CIO 
COINBASE:ETHUSD
by UnknownUnicorn1613901
Ethereum continues to grow!Coin of the day is Ethereim. The main competitor of the Bitcoin. Ethereum is an open-source, public, blockchain-based distributed computing platform and operating system featuring smart contract (scripting) functionality. Ether is a cryptocurrency whose blockchain is generated by the Ethereum platform. Ether can be transferred between accounts and used to compensate participant mining nodes for computations performed. Ethereum provides a decentralized Turing-complete virtual machine, the Ethereum Virtual Machine (EVM), which can execute scripts using an international network of public nodes. "Gas", an internal transaction pricing mechanism, is used to mitigate spam and allocate resources on the network. A large number of Ethereum based projects emerges now (OniseGo, Qtum, Ox...) which increases the capitalization and acceptance of the whole technology. Latest events May 2 - The Enterprise Ethereum Alliance (EEA), with over 500 members, today unveiled the next phase of its Enterprise Ethereum specification strategy, with the public release of its Enterprise Ethereum Architecture Stack. This stack defines the building blocks needed to drive the Web 3.0 era of decentralized, connective intelligence – the next generation of Enterprise Ethereum applications that, like the Internet, will work anywhere, and are capable of facilitating smart contracts without intermediaries. May 2 – Reddit, which hosts communities for every single cryptocurrency in the world, is hoping to bring back crypto payments to the platform, this time with Ethereum and Litecoin in addition to Bitcoin, according to CTO Technicals ETHBTC went into an uptrend on the 04.04.2018, broke above the Bullish Trend Lines and are showing sustained growth for already a month. On 22.04.2018 the coin broke above the 100-days EMA and 0.07 level. Regarding the daily distribution of volumes, the peak of volumes located much higher than 0.075 level, which means that in the nearest term the price will test 0.08 level. In case of breakthrough, we might see an increase of momentum and movement to the 0.09 level. In case of rebound from the 0.08 level, the correction is possible, as the coin already looks overbought and there might be traders who will want to fix the profits. 0.075 level should act as a support. For the correction scenario, 100-days EMA would be a reasonable support.
Long
by DestinationMoonCrypto
Understanding ETH/BTC in this MASSIVE wegdeMy last 2 posts on ETH and BTC illustrated a potential H&S pattern on both. Head and shoulders patterns aren't typically tradeable until we break out one way or another, as we saw. Both have done very different things. The one that formed on ETH was shakey, but I posted it because the one on BTC was solid and typically both pairs generally move together. ETH had a nice break out and move to the upside and I want to get some macro perspective on things and understand why ETH broke sooner but not BTC (BTC is looking like it could still break up right now) and where we go from here by diving into what ETH/BTC is doing. Lets take a look. 1. ETH/BTC has formed this HUGE wedge and is pushing up. 2. RSI is starting to reach a top, which could be an indicator that we will get a temporary pull back 3. MACD is turning positive. Right now, we have some room to go until we hit this first resistance area at .074. With the way things are going, this could mean that ETH pushes past 575 and goes up to 600 and maybe higher. Ultimately, the reason ETH pushed up and not BTC was because of this upward pressure. If ETH is leading the way, The real question is what does it do once it hits that resistance area? Does it revert down and retest that wedge or that support zone? Or does it continue higher and possible break it to the upside? The pattern that forms will be very telling for where we go from here. Hope that helps, if it does please smash that like button to let me know. -Sherem
Long
by Sherem
1
Ethereum vs Bitcoin: Relatively speaking who will win?In this analysis I take a look at a BAT which has really worked nicely and subsequently I look at what looks to be a Butterfly setting up which seems to suggest in the coming months ETH might out perform BTC. If the Butterfly is setting up then I am waiting for price to head a little lower to touch a missed monthly central Pivot from a couple of months back. Once that happens I will be looking for a way to buy some ETH with BTC to take advantage of the relative gain. No entry yet, so will update once price gets down to missed pivot.
Long
by Gmanns777
ETHBTC short term gainATM the RSI on the daily is showing oversold conditions. The RSI on the 4 hour chart isn't quite as low as i'd like it to be for a buy but once the RSI on the 4 hour will hit 12 it is. I think the RSI on the 4 hour will hit 12 once Ethereum nears it's major support level. Ethereum has major support around the 0.0570 - 0.0585 BTC price. As well as the fibonacci retracement correlating with the major support. I think we'll see a 10% gain from the support level before continuing the downtrend. I'm placing my stoploss around 0.055 in case we break the support level and immediatly continue down.
Long
by omababa
ETH reversal?Longer term chart showing support at fib retracement line. MACD turning positive while showing bullish divergence suggesting a trend reversal. Stoch RSI turning upwards, RSI deeply oversold, turning upwards, and showing weak bullish divergence. On a shorter time scale, we see the formation of a descending triangle. At its culmination, we can expect to see either a breakout upwards and confirmation of reversal, or a breakdown to lower levels confirming more of a bearish flag/pennant formation. Longer term indicators suggesting greater weight towards a reversal, but BTC action can always throw a wrench into things.
Long
by Yrat
ETHBTC Global Forecast 2018y.Hello Traders! Glad to present global EWA/EWP analysis concerning ETHBTC by Zarina Tengri. Everyday, nine Tengri's traders, creates professional analysis, specializing on Elliotte wave theory, Technichal analysis, Volume Spread analysis, Market Profile, Depth of Market, Order flow & Footprint. We trade in all financial markets, there are no boundaries or limitations. Join us! «« «« «« «« «« Hold Like! »» »» »» »» »» (If you have questions, comments, write, reply thoroughly!) You're welcome!!! Best regards, the team Traders "Powerful Traders".
Long
by POWERFUL_TRADERS
ETHBTC due for a bounce?ETHBTC's downward motion appears to be slowing after a possible completion of 5 waves down, bouncing right at 0.5 fib retracement (dotted red) of the rise made from Dec-Feb. This fib line also perfectly coincides with the 0.618 retracement line of the fall from last year's peak. The 1D chart shows we are close to crossover of MACD and Stoch RSI . 1D RSI also breaking out of downtrend and oversold territory while showing slight bullish divergence . Shorter 2H timeframe showing many possible indications of reversal. MACD just crossed to positive (though weakly) while showing bullish divergence . RSI is rising from oversold while showing bullish divergence . Potential double-bottom at 0.074. High buying volume appearing at these dips. Breakout of the trend would find strong resistance at 0.08 followed by 0.09. Failure and breakdown of the trend could bring price all the way to the low 60s handles. Any and all moves could be dictated by the ETHUSD -0.38% price and, of course, any BTCUSD -0.91% action.
Long
by Yrat
1
ETH BTC Bullish CaseFor the bullish chart, we switch to the log scale and can see the ETH/BTC ratio is now repeating the pattern from March/April of 2017 within the yellow circle but on a slightly larger scale. If this pattern is going to repeat itself, the ratio should be nearing a bottom within the next day or two creating a buy opportunity. It will be followed by either a reversal in the up direction, or a bit of sideways movement before beginning to climb (see the orange line). Ignore the blue line for now as it is part of the bearish case I've linked to below. Whether the bullish or bearish case scenario plays out will heavily depend upon bitcoin's choice of direction in the next few days. Arbee successfully called the reversal around 0.025 ETH/BTC in early Dec 2017. His chart here: Also, see my Bearish Case here:
Long
by bitcointhrowaway88