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Ethereumdollar

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
COINBASE:ETHUSDLong
by ForecastCity
ETH FLASH CRASH?!?! Markets continue to bleed day after day and we witnessed something insane yesterday ETH/USDC had a flash crash As always with these crashes, algos most likely were the culprit as ETH prices saw a collapse to $13 before snapping back all the to $101.0 Whether bids got filled or not is up in the air and could very well have just been an exchange glitch.....if someone did get lucky enough to fill they walked away with a near 700% gain If you do have some spare change, its never a bad idea to place SUPER low bids on various majors through various exchanges to catch a lottery ticket Thanks guys!
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by CM_Trades
Ethereum drops from the sky! After hanging out near resistance for a few days, ETH was unable to muster any kind of strength We did get a break down from the channel we formed near this supply zone and have been dropping ever since We bounced perfectly at the bottom of the support OB at $103.50 on above-average volume This is the line in the sand for bulls. If this zone isn't defended, we could see new lows as many expect to pick ether up in the low 90s EMAs continue to trend lower and remain key resistance points Thanks guys!
BITMEX:ETHUSD.P
by CM_Trades
2
ETH needs to hold $100 ETH dipped below $100 for the first time since mid-2017 but saw a very strong reaction from buyers We briefly saw wicks all the way back up to $120 but sellers have taken control once again We are currently heading back down into the demand zone near $105 and bulls need to defend this zone to have any chance for a retest of local highs The outlined path ETH could take is shown in the chart and the support OB holding will be critical If we do get a reaction off it, we could see price return above and then find support near $110 before trying higher and tapping into the resistance zone On the bearish side, a break below this block will see a test of lows and possibly see $80 price tag. Thanks guys!
COINBASE:ETHUSD
by CM_Trades
ETH getting very close to BUY ZONE! Ethereum finally broke the support zone it was holding despite the crash in BTC Once price breached the lows, we saw a cascade of sell orders/stop-loss get triggered causing a quick drop to the $130s EMAs continue to fall sharply with price We are near the support OB below at around $95 but we bounced at the low of the previous drop back in August 2017 Whether we bounce strongly from here or make one last swoosh lower has yet to be seen but a nice squeeze could be on the cards Thanks guys!
COINBASE:ETHUSD
by CM_Trades
Ethereum down to $150!!!! Ethereum was holding up so well last week when BTC made a break of new lows but too much sell pressure in the market caused it to cave ETH broke to new lows this morning and seems to have some type of support at the midline of this support OB Over the weekend, news surfaced that the SEC will be forcing all fraudulent ICO to refund all investor in FIAT! This means they would need to sell their ETH reserves to raise the cash to do so This would obviously put a lot of sell pressure of ether and potentially see prices crash to sub-$100 We could very well bounce here before a continued move lower Thanks guys!
COINBASE:ETHUSD
by CM_Trades
Ethereum on its road to $180?! Ethereum rejected the EMA and has been downhill since then We have broken below the support OB and are now most likely heading to hit liquidity down in the $180 range EMAs are starting to turn over so more pain could be in store There is a lot of liquidity to be tapped in the $165-$180 area Anywhere in this demand zone would be a decent zone to long but we need to see whether Bitcoin wants to test yearly lows If BTC does test lows, we could very well see ETH test $165 or even make new lows so CAUTION is warranted here Thanks guys!
COINBASE:ETHUSDShort
by CM_Trades
ETH holding up well so far...$250 on the cards? Ethereum has held up well so far holding that $205 level all weekend This support OB remains a very strong level ETH has been riding the EMA for a few days now acting as support but a break and close below would be very bearish If this does happen, we will most likely see a test of the demand zone below possibly hitting sub-200 again This level would need to hold or we could very well see another run at yearly lows For bulls, a break above the supply zone would signal a very bullish push back up to $250 Thanks guys!
COINBASE:ETHUSD
by CM_Trades
3
ETH taps into supply zone near $224 Ethereum continued its uptrend after bouncing off support near $208 Got a push above the EMA and spiked into the resistance zone where it was met with strong pushback We could very well see a pullback down to the resistance now turned support highlighted by the green box Bulls must hold this zone for continued upward momentum or we could be in trouble as sub-$200 could yet again be on the cards Possible long entry if level holds would be around $210-$205 zone with stops right below the demand block
COINBASE:ETHUSD
by CM_Trades
$225 next for ETH? We finally did pullback as expected to the demand zone below but was a few days later than predicted After tapping into support twice, we broke above 2 resistance levels before spiking as high as $218 That supply zone was met with heavy selling and price retreated back down into support Bears have so far been unable to break this support zone and we seem to be creating some type of flag pattern We could very well see a retest of the breakout zone before moving higher as it has remained untouched so far EMAs continue to trend higher and will most likely provide support if we do pull back Some might notice that we have a lower high on that spike compared to the previous one Thanks guys!
COINBASE:ETHUSD
by CM_Trades
ETH bear flag playing out?Ethereum has trended sideways with Bitcoin most of the month after that volatile Monday morning but it seems like might be playing out this bear flag we have been eyeing the past 2 weeks. The initial breakdown was a -16.31% and if we project this move to complete the bear flag, we can see prices approach $166, which is almost perfectly aligned with a stop run right under the demand OB. We might not completely dip through this support zone but any entries scaled in this region could be a good spot for a long. EMAs continue to trend lower and we could still see a pop higher before finally dropping into the demand area. Thanks guys!
COINBASE:ETHUSD
by CM_Trades
ETH dips back down to $190Ethereum followed Bitcoin down, breaking its support zone and slicing right through the first block and dipping slight into the next demand zone near $190. We have bounce nicely so far but would like to see a daily close above these 2 blocks. Our prediction for retracement was spot on but it did take a few more days to complete. The EMAs have turned over and are catching up to price but we do expect this lower support zone to hold for now. If we do break below and close on the daily, we could very well be making new lows. Thanks guys
COINBASE:ETHUSD
by CM_Trades
2
Bearflag in the Ethereum chart?Ethereum continues to range in lockstep with Bitcoin PA but we seem to be forming a possible bearflag since dropping down to the top of the demand block. We have trended upwards since the drop and volume has been on the decline besides that spike up last Monday as we dangle from the bottom support trendline at the moment. The projection for a breakdown here would be a little lower from the bottom of this demand block around $165. Both EMAs continue to trend lower as the fast-moving EMA remains strong resistance. Something to watch as a new low in Ethereum could itself cause lots of selling in altcoins and maybe even drag down Bitcoin but its way too early to tell, just something to keep an eye on. Thanks guys
COINBASE:ETHUSDShort
by CM_Trades
Ethereum getting ready to test resistance?Ethereum spiked all the way to $220, just shy of the supply zone around $222 before coming all the way back to the middle of the range. The EMAs have come together getting very tight after fallingg hard on that last down move. A break above in either direction will give us a better idea of where we head next as we are currently stuck in the POC. A possible add area for a long would be in the demand zone below possibly all the way down to $192. Thanks guys
BITSTAMP:ETHUSD
by CM_Trades
Ethereum was pulled in after it looked ready for a dive! Ethereum was looking very weak and about to fall off a cliff before Bitcoin & the Bitfinex/Tether FUD hit the wires and cause a huge spike market wide. This in turn moved Ether off the lows and spike into highs of around $220, which was not held and moved back under resistance at the moment where it is stuck. Whether we get another pump from Bitcoin 9.04% or start to return back to equilibrium with other exchanges is yet to be seen. Thanks guys
BITSTAMP:ETHUSD
by CM_Trades