Hello Traders! Glad to present 1variant of Ethereum cryptocoin priceaction. We believe that the future price of this one will be near 1500.00 - 1700.00 for 2018y. Obviously we can see 2000.00, but incredible 2600.00...))) If you like ours EWA/EWP, then we'll show you 2-nd variant of approximately way of priceaction! Please be aware that, trading craft is always...
If we touch 1381 and it holds we are expected to see a downward trend due to weak bullish volume atm. Check the yellow bases and see what happens... Good luck everybody and have a nice weekend! ;-)
Ethereum is now testing an area of resistance (Multiple 61.8% Fibonacci retracement, 76.4% Fibonacci retracement, Fibonacci extension, horizontal overlap resistance) and a strong reaction could occur at this area to push price down towards support level at 583 (Fibonacci retracement, horizontal swing low support). Stochastic (55,5,3) is dropping nicely with good...
Ethereum is now testing our major resistance area at 717 to 748 (61.8% Fibonacci retracement, 61.8% Fibonacci extension, horizontal overlap resistance area, bearish price action) and a strong drop could occur at this level to push price to at least 583 support (Fibonacci retracement, horizontal swing low support). Our next major level of resistance is at 809...
As we all know, ETH has had an extremely bullish over the last month with very little retracement. However based off TA, it appears that ETH may have hit its' "short term" top. I say this because a bearish wedge has formed at the top, and the RSI indicator is showing signs of divergence. This could mean that at least somewhat of a correction is likely. I say...
Hi traders, It clearly shows that Ethereum is bearish as it continue to fail to make any new highs and support zones are breaking one after another. If Ethereum wants to turn bullish again it needs to commit to make higher highs by breaking out $320 levels. First Target: $200 and Final Target is $120-$100 . I'll keep you updated :)! -Abdulla
Yesterday’s break of support level in $225 area, then the June low at $218 and in the end psychological support of $200 were just a start of Ethereum falls. Today ETH/USD lost 15% of value which brought attention of all cryptocurrency traders. There is a reason for that. Ethereum is second most popular cryptocurrency in the world, just after more popular Bitcoin....