Hello Traders! Very uncertain, unpredictable & hard to understand wave structure. There are no less than 3 variants of price directions. Sure, the phase of correction is still continue. Please do not trade. Everyday, nine Tengri's traders, creates professional analysis, specializing on Elliotte wave theory, Technichal analysis, Volume Spread analysis, Market...
Things are not looking the best for ETH USD in the short term. This is not a long term projection, but more of a short term hypothetical with increased probability. This is a hypothetical I'm willing to put some money on. On the 4hr chart you can see that ETH has broken below the neckline of a (confirmed?) head and shoulders pattern. The volume on the breakout...
Short ETH/BTC on the daily timeframe. Head and shoulders pattern completing as price reaches the bottom of the Ichimoku cloud, along with bearish TK cross. Wait for completion of pattern and price to drop through the bottom of the cloud to short - targets around 0.031.
BITTREX:ETHBTC A bitcoin appreciation over ethereum story with formation of a trend based bullish ABCD with CD leg under formation.. A short opportunity with 20% bagging...
Etherium has dropped perfectly to our major support previously. We now forecast it to make a recovery to 910 resistance where another reaction could occur (Fibonacci retracement, horizontal overlap resistance, descending resistance momentum). Our major support is at 781 (Fibonacci retracement, Fibonacci extension, horizontal swing low support). Stochastic...
You can see the original post I made for Ethereum here: Price action in Ethereum appears to be trapped in a channel ever since it made its high of ~$1424.00 on Jan. 13,2018. Ethereum bullish price swing from the bottom of the channel at ~$569.49 should have tested the top of the channel at ~$1027.01, but failed to do so. This is a sign of weakness by the...
Ethereum is starting to make a pullback to our breakout level. This is usually a sign of bigger players pushing price back up to get in at a good entry. Our 1st major resistance is at 910.21 (Fibonacci retracement, horizontal overlap resistance) and another reaction off this level could push price all the way down to 781 support (Fibonacci retracement, horizontal...
Etherium has started to drop perfectly after breaking our ascending support line as forecasted. Our 1st major resistance is at 910.21 (Fibonacci retracement, horizontal overlap resistance) and a further drop could occur to push price all the way down to 781 support (Fibonacci retracement, horizontal swing low support). RSI (55) has broken below our 46%...
Ethereum is approaching major resistance at 997.75 (Multiple fibonacci retracements, fibonacci extensions, horizontal overlap resistance). We can also see an ascending support line squeeze price against the 997.75 ceiling signalling that a major break in either direction could be expected. If price breaks the ascending support line, our next major levels of...
Ethereum is now testing our 1st resistance at 784 (multiple Fibonacci retracement, horizontal overlap resistance) and a strong reaction could occur at this level to drive prices down to at least 564 (Fibonacci extension, horizontal swing low support). Stochastic (34,5,3) is seeing major resistance at 96% where a corresponding reaction could occur. Trading CFDs...
Ethereum has broken major support at 756 (Fibonacci retracement, horizontal overlap resistance, bearish price action) and a strong drop could occur from this level towards 538 support (Fibonacci extension, Fibonacci retracement, horizontal overlap support). RSI (34) sees an intermediate descending resistance line provide downside pressure on Ethereum. Trading...
Ethereum to Bitcoin pairing illustrates long-term bearish sentiment after completing a perfect Elliot Wave count that falls into the Basic Principals of the 3rd and 5th waves each containing an advanced count of sub-waves. Typical ABC correction is impending through the distribution phase of Wyckoff Theory with mark-down. Buy-in zone within the 50% retracement...
Ethereum has broken major support-turned-resistance at 995 triggering a bearish exit. Our 1st resistance is at 995 (Fibonacci retracement, horizontal pullback resistance, breakout level) where a strong drop could occur from pushing price all the way down to 769. We have to be careful about 931 support level as price has bounced off that area previously and it...
Ethereum is approaching major resistance at 1144 (Fibonacci retracement, horizontal overlap resistance, pullback resistance) and a strong reaction could occur at this level to drive price down to 927 support (Fibonacci retracement, horizontal swing low support). Do be aware that we’re seeing intermediate support at 1015. Stochastic (34,5,3) is seeing major...
Ethereum is approaching our major support level at 995 (Fibonacci retracement, horizontal swing low support) and a clean break of this level could open a potential drop to 769 major support (Fibonacci extension, horizontal swing low support). We have to be careful of intermediate support at 931 (Fibonacci retracement, horizontal swing low support). RSI (34) has...
Ethereum has dipped to our first major support nicely as expected. Support is at 1162 (Fibonacci retracement, horizontal pullback support) where a further rise could occur from to push price up towards 1282 resistance (Fibonacci extension, horizontal pullback resistance, elliott wave structure). RSI (34) is seeing ascending support hold up price really well in...
Ethereum has made a bullish exit of our long term descending resistance-turned-support line triggering more bullish momentum. We’re seeing intermediate ascending support holding it up really nicely too. Our major support is at 1008 where a further bounce could occur towards 1164 resistance (Fibonacci retracement, horizontal swing high resistance). RSI (34) has...
Ethereum is approaching major support at 1008 (38.2% Fibonacci retracement, ABC Fibonacci extension, horizontal swing low support) and a strong bounce could occur at this level to potentially push price up to even 1258 resistance (61.8% Fibonacci extension, horizontal pullback resistance). We have to remain careful that Ethereum is in a bearish channel and would...