Ethereumbitcoin
Ethereum - What is Ether up to these days?Ethereum finds itself at the beginning of a death cross, what this means is that if BTC decides to keep going down further (which it will) Ethereum will go down harder and stay under the 50MA for most of the times with maybe a spike above it once in a while. I guess that most high performing alts will try to stage a double bottom which will put Ethereum around the $80 - $100 range. But let's look at something interesting below.
In the chart below -- which is the total market cap of crypto -- you can see that money has been flowing in during the weekend (14 billion dollars) so far. A good portion has gone to Ethereum, which means that someone is finding it very valuable.
In the chart below you can see that BTC has lost dominance which reinforces that the money that came into this asset class did not go to BTC directly.
It is little hints like the ones I give you here that will keep you safe and ahead of the curve.
NOW, THE LEGEND;
Support trendlines are green
Resistance trendlines are Red
Horizontal support lines are white, the thicker the stronger the support
50 Moving Average is yellow
200 Moving Average is white
THE TREND: Safe to buy a little of ETH and more on the dips
THE OUTLOOK: ETH will go up fast once the bottom is in
Be safe and follow me to make money and stay ahead of the curve.
Xena Exchange Resident xena.exchange
ETH testing 187 againLast time after breakout of 187 it got to 19178. Now again testing 187, and this time may get higher to 195.
Last post: ETH testing 187 resistance. If breakout, will grow towards our original targets at 189 - 192 - 196. Good to buy half position now, and half once price get above and land back for testing support.
ETHUSD has formed a bullish shark a good long opportunityThe priceline of Ethereum / Bitcoin has completed the formation of shark pattern and entered in potential reversal zone.
Fibonacci sequence is used for setting the targets and the targets are as below:
Buy between: $223.64 to $222.37
Sell between: $225.38 to $228.57
Regards,
Atif Akbar (moon333)
Ethereum Coin (ETHBTC) Ready To Take OffHello Everyone,
Is chart me aap dekh sakte hai humne analysis kiya hai Ethereum coin ka,
Falling wedge pattern perform kar raha hai abhi and already 1d chart me support line ko touch kar liya hai next target hai resistance line,
Resistance line ko successfully break karta hai to ye ek strong breakout hoga uske baad hum ETH ko uptrend me dekh sakte hai.
Our previous success analysis:
Global Rashid
The Guide To The Right Path
ETH/BTC IS READY FOR NEW HIGHS! *DON'T MISS OUT*As you can see from the split chart, we have an inverted scale of Bitcoin Dominance %, and on the right we have Ethereum/Bitcoin chart showing an amazing setup with multiple bullish divergences presented on the Relative Strength index & a clear cyclical bottom.
Ethereum is showing that we've just finished final sell-off before entering into an accelerated advancement where we will then see new highs for not only the BTC pair, but also the USD pair as well.
BTC dominance will move in opposition to ETH/BTC, I have the charts scale on the left inverted for easier viewing & comprehension!
Happy Trading!
ETH/BTC - VERY BEARISHTarget 1: 52.50
Blue triangle indicates the current range.
Green box is buy.
Red box is sell.
Blue line indicates potential support/resistance .
Red line indicates t/p.
This is a log chart.
This chart is made using fib channels.
This is not financial advice. All charts shown on my page, including this one, are just for fun.
If you enjoy my ideas please give this post a like and follow my page if you would like to see future posts! :)
A trading opportunity to buy in ETHBTCMidterm forecast:
While the price is above the support 0.02735, beginning of uptrend is expected.
We make sure when the resistance at 0.04175 breaks.
If the support at 0.02735 is broken, the short-term forecast -beginning of uptrend- will be invalid.
Technical analysis:
The RSI uptrend #1 is broken, so the probability of beginning of uptrend is decreased.
While the RSI downtrend #2 is not broken, bearish wave in price would continue.
A trough is formed in daily chart at 0.03137 on 04/04/2019, so more gains to resistance(s) 0.03730 and maximum to Major Resistance (0.04175) 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 52.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.033000 to 0.030700). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.033000)
Ending of entry zone (0.030700)
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= @ 0.03730
TP2= @ 0.04175
TP3= @ 0.04400
TP4= @ 0.04850
TP5= @ 0.05410
TP6= @ 0.05840
TP7= @ 0.06650
TP8= @ 0.07200
TP9= @ 0.08020
TP10= @ 0.08560
TP11= @ 0.10000
TP12= @ 0.12150
TP13= @ 0.15150
TP14= Free
ETH roadmapTogether with all alts ETH was dumped by recent Bitcoin actions but met strong support at ~310 and bounced accompanied by some nice volume, getting above another strong SR at ~337. Now trying to breakthrough 345. Next will be resistance at 355 (3.7% above), very important level. If ETH will get over it, it may start alts bullrun. Basically the signal for bullrun can be lifting above 345 again, maing it support.
There is a trading opportunity to buy in ETHBTCMidterm forecast:
While the price is above the support 0.02735, beginning of uptrend is expected.
We make sure when the resistance at 0.04175 breaks.
If the support at 0.02735 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 0.03955 on 02/24/2019, so more losses to support(s) 0.03300, 0.03070 and minimum to Major Support (0.02735) is expected.
Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
Relative strength index (RSI) is 48.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.033000 to 0.030700). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.033000)
Ending of entry zone (0.030700)
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= @ 0.03730
TP2= @ 0.04175
TP3= @ 0.04400
TP4= @ 0.04850
TP5= @ 0.05410
TP6= @ 0.05840
TP7= @ 0.06650
TP8= @ 0.07200
TP9= @ 0.08020
TP10= @ 0.08560
TP11= @ 0.10000
TP12= @ 0.12150
TP13= @ 0.15150
TP14= Free
ETH - About to rollover? As mentioned yesterday, Ethereum seems to be forming a H&S pattern as it continues to look very weak as the days go by. It is currently finding resistance at the 50%FIB level but support is not far away as the EMA is providing help for now.
MACD continues its downwards momentum while RSI heads back down towards the triangle support, which must hold or we could be in store for much lower prices!
It all comes down to the demand zone holding as it has done in the past in order for bulls to remain hopeful of a move back to $250-$260. A break and close below would turn this area into massive resistance and could possibly lead to the retest of the $180-$190 handles.
Thanks guys!