Ethereumshort
ETH in trouble?ETH had problems with installing the constantinople-protocoll. This should have been the first step to implement the Casper-Protocoll, with that changing from PoW to PoS. But some security problems caused to halt the Constantinople protocoll.
So no new good news for the token of Vitalik Buterin. And concurrence isn´t waiting.
Technically the price of ETH is within a continuos fall since january 2018. I´ve had a little hope january 2019, when ETH seemed to have enough force to leave the negative trend channel; but it has been a false breakout. After forming a double top (very often a negative sign) it fell back into the trend channel.
In comparison to BTC there is much space for lower prices. If the cryptocurrencies are coming back to their beginning in 2016 (start of the rallye), BTC would fall on ~ 2.000 USD but Ethereum would fall on ~6$.
This would be horrific to the most investors who stepped in in 2017. But even if it´s a terrifying scenario, it´s not unpossible and it´s not unplausible.
Ethereum Short 1 HR Chart#Ethereum #Bitcoin #Litecoin #Crypto
Hello to all watching my charts.
Similar to other crypto ETHUSD Ethereum tries to find a bottoom now ,
but here the chart has been really damaged for long.
2 Big suppport aereas have been hit from ETHUSD at the range 275 - 277
and next stop down is 262.
What i also want to mention negativ is
that at the moment i write this here , Ethereum has been stopped the little up trend
exactly at the next resistance level from 17.6. ( BLUE RESISTANCE LINE)
For Long trendchange i think we do need a jump in the aerea of my
BLUE ARROW and make a new higher hgh (higher than high from yesterday in the minimum ).
Good trades
If you want to support my work and my charts, please like them
Renkotrade
Ethereum SHORT 1 HR ChartHello to all watching my charts
Ethereum made similar to other cryptos now a big jump down
and is in recovering mode.
Recovering from my longgtime channel is fine
but to go back in a long , we have to wait in higher highs an higher lows.
The next high which is to beat is at 297
(my black line)
If the aerea of 298-299 will not reached , than its only
a recovery in the short trend (Blue lines)
What is for longs not so fine is, that my shorttime channel
system (purple lines) are so much weaker and tell us so clear
a short mode.
For long change:
First is to trade at 300 (my lower blue arrow)
Than to jump above the resistance of 302 (higher black line)
Than trade in the aerea of 305-306 , this would restart
my long scenario.
All other trades are short in my eyes at the moment.
Good trades
If you want to support my work and my charts, please like them..
Renkotrade
ETHEREUM SHORT ETHUSD SHORT 1 HR Chart#Renkotrade
Hello to all watching my charts.
Ethereum is now similar to Bitcoin on the way down
Short, short, short as my eye is able to see..
My longtime channelsystem is short , my shorttime channelsystem is short
and my really longlongtime channel which checked 7 days is also short
but i have leave that her byside to dont overfill the chart.
Dor my visitor which want to have an advice for a tendchnage
i have add my ARROW System for a long run
but i dont see any chance at the moment !!
for ETHUSD to come to that range in 2 days.
So as in Bitcoin i do hope you are short or have sold
your Ethereum at around 324 as 2 supports had had been broken
(black lines)
Good trades
If you want to support my work and my charts, please be so kind and like them...
Renkotrade
ETHUSD Forecast SHORT 1 HR ChartHello to all watching my charts
Here in Ethereum we do see similar situation as in Bitcoin BUT !!
this pair ETHUSD is much weaker than BTCUSD, broke all supports !! and is now
in a Longchannel but only included in my bigger and longer and stronger
Shortchannel system
So only if the pair reach my "ARROW POINT" and comes totally out of the
shortchannel we can think of going long again.
But as so much supports have been brokesn
i wold be very very couations with longs here in that pair.
Resistance of 315 also in Front against the Longs...
Good trades
If you want to support my work and my charts, please be ko kind and liem the
Renkotrade
Ethereum Primed For Its Deadliest Fall In MonthsEthereum is primed for its deadliest fall in months as all key indicators point to extremely bearish outlook. The weekly chart for ETH/USD shows a strong bearish divergence on the RSI that confirms. The trend line resistance shown on the RSI has been rejected and the RSI is expected to fall further in the days and weeks ahead. Similarly, the price has faced a strong rejection near the Ichimoku cloud on the weekly chart and is now ready to fall towards the bottom of the ascending channel it is trading in. Interestingly, this ascending channel forms part of a large bear flag that could see the price fall lower than our previously stated target of $60 per coin by the end of the year. Recently, over $7 million worth of Ethereum were hacked and transferred to an unknown wallet. At this point, Ethereum is not short of catalysts that could push the price off a cliff.
Full Analysis: cryptodaily.co.uk
Ethereum (ETH) | +51% PP | FREE TRADING SIGNALPair: ETH/BTC
Exchange: Huobi
Trade Duration: Short
Trade Direction: Short (sell)
Leverage: 3x
Risk: High (margin trading is extremely risky and you can lose your entire balance)
Our Entry Zone
0.034200 - 0.033000
Our Targets
1: 0.031165
2: 0.028313
Our Stop Loss: 0.036079
Don't forget to hit that like button and give us a follow , we really appreciate it!
And most importantly, enjoy your day!
Axsonex Team
------------------------------------------
DISCLAIMER: Axsonex are not registered financial advisors and no information we provide is intended as financial advice. It is our opinion and nothing more. This report is for informational use only. Trading and investing in Cryptocurrencies is extremely high risk. Ensure that you conduct your own due diligence before deciding to invest in any asset. We have not/will not be(en) paid to endorse this project. You are responsible for all actions you take as a result of reading/viewing this page.
#Ethereum Next step!In this review, I would like to talk about some important things that can be seen in the Ethereum graph above.
Let's start from the beginning - I added 2 red lines that show solid support in the 81.33 area and resistance in the 167.60 area, that these words are written we are still within this range.
2 The red circles are located in two places where the Ethereum tried to break the resistance without success.
Yesterday we had another attempt to break the Ethereum price resistance that succeeded for a while and then became Star Candlestick, the definition of this candle is-"Small-bodied candles in the star position often suggest that market participants are becoming indecisive and that the strength of the current trend could be reversing" (according to Investopedia).
After analyzing all of the parameters mentioned above we recommend a sell signal as long as the Ether does not break the resistance.
Sell Ethereum:
Entry price: 161.30
Take profit: 102
Stop loss:180
ETH - That resistance is just too strong B wave probably formed. That resistance is simply too strong. I can't see breaking that resistance in near future. Bitcoin also looks bearish. MACD doesn't looks bullish at all, RSI also.
Let's see how we can play this resistance on ETH. In case that I'am wrong i will put stop loss just little above that super resistance. My first target is Golden pocket (0.618 - 0.65 Fib), you can also play that major support where i think C wave will be formed.If you have any questions you can DM me. If you like my trade and analysis make sure you hit that like and follow button. Thanks!
Ethereum (ETHUSD) Looks bearish. Short the move up.I am currently very bearish on Bitcoin, believing it should not rise past 4000 and stay up. Currently have many limit orders from 3900 and beyond, with some filled already.
Once Bitcoin moves up, it will be time to short Ethereum. Either way Ether should be moving down in the medium term. Eth has been kept up only because of its correlation with Bitcoin. Looking at the smaller timeframes, there is obviously a lot of supply at this current price.
So short Ether when Bitcoin is 3900+. You can scale in now.
Thanks for viewing!