BTC' price is almost on the same price level as yesterday but we have gathered more information from the current level and currently, those signs are short-term bullish indications. Yesterday, the lowest point was around $6,330 where the price touched the perfect Fibonacci retracement level of 62% and it bounced upwards. After the bullish bounce on the 4h...
Eth failing to break through cloud resistance. Btc isn't breaking through either, could be dumping soon. If it closes in the cloud, target is 0.5 fib level @235 area If it dumps, next support is at Kijun/Tenkan support area @200-204 area
Ethereum continues to trade sharply lower on Wednesday, with the second largest crypto by market capitalisation facing a technical meltdown below the $395 support level. The ETHUSD pair started to weaken after slipping below the $440 level on Tuesday, as the broader cryptocurrency started to decline. Heavy losses are expected if the ETHUSD pair falls below the...
Ethereum continues to trade to the downside in early-week trading, with the ETHUSD pair trapped between the $458 to $440 price range. Over the coming trading sessions, we may see a strong directional breakout occur if traders clear the current narrow-ranges. Sellers will look to push price below the $440 support level, while buyers will aim to move price above the...
Ethereum has fallen back towards the $440 support level in Tuesday trading, with the second most popular cryptocurrency looking increasingly weak. The ETHUSD pair was strongly rejected from the $460 level on Monday, as the early-week recovery faded. Sellers will now look to target the $395 support level, while buyers will aim to move price above the $460...
Ethereum, the second largest cryptocurrency by market capitalisation is back under selling pressure and has broken below the key $440 support level. The ETHUSD pair saw a rapid decline from the $475 level, as the broader cryptocurrency market tumbled lower on Tuesday. Sellers will now look to build on the recent move lower and test the $405 support level, while...
New trading suggestion: *The price is in an uptrend and we forecast the uptrend would continue. *There is still a possibility of temporary retracement to suggested support line (440.100). if so, traders can set orders based on Price Action and expect to reach short-term targets. * If you missed our first HUNT, you have a second chance to buy above the...
New trading suggestion: *The price is in an uptrend and we forecast the uptrend would continue. * There is still a possibility of temporary retracement to suggested support line (496.730). if so, traders can set orders based on Price Action and expect to reach short-term targets. Midterm forecast: While the level 496.730 is not broken, the Midterm wave...
You don't see this really often, but is still a signal that price is about to go down. Now ranging between 560-575, looking for a break to the downside. If price goes above 589.5, setup is not valid anymore. If price goes below 560, aim for 550, and if it reaches that level and breaks, aim for 540 Also interesting: More crypto's are showing the same kind of...
Ethereum appears to be inside of a running triangle, besides that it is forming a bigger H&S. If it breaks out of this triangle (down) Ethereum could make a nasty drop downwards.
The price should go up from here and resume above the support line otherwise it can drop further.
hello my idea shows that eth can continue the head and shoulders wave , lets see if will happen or no, lets watch carefully
Hello, MY idea shows that eth is making head and shoulders , so you can follow this plan to be careful
In the current week, we saw major cryptocurrency giving out a relief rally with BTC almost gaining a well over 17% compared to last week closing. One of the anticipated major factors for the relative run is the end of tax season being over on 17th April and so, investors are entering again to reap benefits from these lower levels. Furthermore, the announcement...
After the bearish breakout of the support at $600, Ethereum-Dollar has arrived at the next strong support at $400. Here it is likely, at least initially, a rebound (still missing a green candle). There is a bullish divergence between price and CCI (20). The breakout also of the support at $400 (with high volume) would precipitate the currency pair, in all...
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...
my idea showing that ETH going to ~880 ~900, we have 3 support lines and 2 resistance lines. Indicator CCI shows us that this is a good time to buy now and hold till ~880 .