Ethereum-usd
A trading opportunity to buy in ETHUSDMidterm forecast:
While the price is above the support 80.350, beginning of uptrend is expected.
We make sure when the resistance at 200.000 breaks.
If the support at 80.350 is broken, the short-term forecast -beginning of uptrend- will be invalid.
Technical analysis:
While the RSI uptrend #1 is not broken, bullish wave in price would continue.
A peak is formed in daily chart at 180.000 on 04/03/2019, so more losses to support(s) 162.650, 136.500, 99.900 and minimum to Major Support (80.350) is expected.
Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
Relative strength index (RSI) is 73.
Trade Setup:
We opened 12 BUY trade(s) @ 206.43 based on 'Valley' entry method at 2018.09.13.
Total Profit: -32628 pip
Closed trade(s): 0 pip Profit
Open trade(s): -32628 pip Profit
Open Profit:
Profit for one trade is 179.24(current price) - 206.43(open price) = -2719 pip
12 trade(s) still open, therefore total profit for open trade(s) is -2719 x 12 = -32628 pip
New Trading suggestion:
.Price is in the support zone (187.50 to 162.65), traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
Beginning of entry zone (187.50)
Ending of entry zone (162.65)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 264.800
TP2= @ 309.100
TP3= @ 348.800
TP4= @ 393.550
TP5= @ 475.300
TP6= @ 534.700
TP7= @ 630.500
TP8= @ 822.550
TP9= @ 970.450
TP10= @ 1229.700
TP11= @ 1415.950
Ethereum / USD. A Bear!! Is It Possible?We have a bearish possibility for Ethereum. after (b)-wave it seems that we have a diagonal which could be leading diagonal ( first wave of an impulse) or ending diagonal ( (c)-wave). If we assume the second possibility, then we should have a close look to the 167.49 level which is the end of the ((i))-wave( note: wave ((iv)) can't reach to the territory of wave ((i)) ). The price has got close to this level but it hasn't reached it yet. So there is a chance that we are facing a bearish trend to create a ((v))-wave. But if price pass the 167.49 level we assume that we have a (ii)-wave which is the second wave of ((iii))-wave's extension.
ETH/USD Critical Breakout ImminentBased on the trendline on my other Constantinople chart:
Things have become short term bullish looking and an ascending triangle formed since 28 December breaks the downwards trendline since August 2018.
All ETH needs to do is continue on the same path to break the pink downward trendline.
Other reasons this looks short term bullish for a breakout:
MACD Ready to trend upwards
Histogram reversal forming
Volume increasing on the 4hr
Fibonacci matches a breakout
Other note: if a breakout occurs, $140 could become resistance, $120 could become stronger resistance, a higher high of $320+ that holds could mean... bull market?
Ethereum would probably start an uptrendETHEREUM/DOLLAR
Midterm forecast:
While the price is above the support 80.35, beginning of uptrend is expected.
We make sure when the resistance at 200.00 breaks.
If the support at 80.350 is broken, the short-term forecast -beginning of uptrend- will be invalid.
Technical analysis:
There is a divergence in RSI and price between the trough at 99.03 on 2018-11-25 and the trough at 80.355 on 2018-12-07, the probability of downtrend continuation is decreased and the probability of beginning of uptrend is increased.
The RSI resistance #1 at 62 is broken, so the probability of beginning of uptrend is increased.
While the RSI support #2 at 50 is not broken, the probability of price decrease would be too low.
Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
Relative strength index (RSI) is 60.
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons :
Take Profits:
TP1= @ 264.800
TP2= @ 309.100
TP3= @ 348.800
TP4= @ 393.550
TP5= @ 475.300
TP6= @ 534.700
TP7= @ 630.500
TP8= @ 822.550
TP9= @ 970.450
TP10= @ 1229.700
TP11= @ 1415.950
TP12= Free
ETH/USD could be repeating itself - Bearish next 6 daysHave to see how this plays out but ETH/USD on the 2 hour chart looks to be a carbon copy of itself before the last retrace happened.
The Constantinople hard fork of Ethereum on Jan 16th may disrupt this - or maybe this is the last drop before that.
Overall the market is still bearish and shorting is the safest move currently.
ETH - Long Get those alerts ready , because we're about to ride some trends over the few days.
You can see that ETH has had a bit of a downturn for the worst, and with the high volume of sells. ETH following close behind BTC with similar trends and movement
This will of course change, when BTC rises, so will ETH - $140 is back in sight!
But for more confirmation on your personal analysis, head to any exchange and check volumes, and prices of which larger players are selling or buying. This is great for me personally and helps largely with my decisions on movement
Over and out.
ETH/USD rice analysisEthereum extended its fall on Nov. 21 and broke below the support of $135. The RSI has reached deeply oversold levels, which previously resulted in a pullback. Currently, the bulls are attempting to pullback from the $126.20 level, which is likely to face a stiff resistance at $167.32. The downtrending 20-day EMA will also be a difficult hurdle to cross.
If the next leg down breaks below $126.20, the ETH/USD pair can extend its decline to $110. As the trend is down, we shall wait for a new reliable setup to form before recommending a trade.
Megalodon Trading - Ethereum - Short Term BullMegalodon Pro+ Long Term Isolator is green on 1D. Pull backs on Megalodon Pro+ Short Term Isolator on 240 or 60 will bring a good trade for ETH/USD
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Enlighten others
ETH/USD Bullish wedge patternHere we have the ETH/USD bullish wedge pattern i can see this fall below the bearish cloud then going above the bullish cloud reaching the three bar minimum on the ichimuku. Maybe it something for everyone to keep an eye out for in the next coming 2 days to see if it does rise above.
Comment your ideas?
Ethereum Price Weekly Analysis: ETH/USD Remains in Broad RangeKey Highlights- Follow Our official profile here- www.tradingview.com
ETH price is currently trading in a broad range above the $210 support against the US Dollar.
There is an ascending channel formed with support at $222 on the 4-hours chart of ETH/USD (data feed via Kraken).
The pair may decline in the short term towards the $214 and $210 support levels.
Ethereum price is consolidating versus the US Dollar and Bitcoin. ETH/USD is at a risk of a minor downside correction towards the $214 support level.
Ethereum Price Analysis
This past week, there were mostly range moves above the $210 support in ETH price against the US Dollar. The ETH/USD pair traded higher above the $220 and $224 levels, but it failed to hold gains. During the upside move, there was a break above the $227 level and the 100 simple moving average (4-hours). Moreover, the price traded above the 50% Fib retracement level of the last drop from the $240 high to $213 low.
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However, the upside move was protected by the $229-230 zone. Additionally, the 61.8% Fib retracement level of the last drop from the $240 high to $213 low also acted as a resistance. The price is slowly declining and it is currently trading below the $227 level and the 100 SMA. There is also an ascending channel formed with support at $222 on the 4-hours chart of ETH/USD. If there is a downside break below the channel support, the price could decline towards the $220 and $214 support levels.
The above chart indicates that ETH price is clearly struggling to gain momentum above $229-230. If it continues to fail, there could be a bearish reaction below $214 in the near term. Until then, the price is likely to trade in a range above the $214 support level in the coming sessions.
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4-hours MACD – The MACD is slightly placed in the bullish zone.
4-hours RSI – The RSI is currently near the 50 level.
Major Support Level – $220
Major Resistance Level – $230
Tags: ETH, ethereum
For Free Trading Signal- investingscope.com
Consolidating in ascending channel: Potential BreakoutCOINBASE:ETHUSD
After a $192 to $250 price movement. Price had 78.6% retracement and has then formed a Hidden Bullish RSI Divergence.
Price started moving up and consolidating forming an ascending channel.
Further consolidation could be expected before breaking out of the channel.
Target: $275
ETHUSD LONG OR SHORT :) my thoughtsHere is being hopeful of what might be about to happen on ETHUSD
We might see a small reversal to around $222.25- $225
Once it hits the line Bulls should take over and take it back up
If it breaks line then might go down to around $197 - $193
Ultimately i am looking to that massive bull pull
ETHUSD - wait and buyIf the price will continue way down, it will be great opportunity to buy Ethereum. The question is if the price will react on the strong trendline or it breakdown the trendline and ETH will make a spin up in the support area. I would wait for that support and buy somewhere 390-400 USD.