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Ethereumusd

Ethereum aims to $100Hello, dear Traders! PrimeXBT is at your service and today we overview ETHUSD (inverted). I invert the ETH chart to illustrate the bearish scenario. Price is moving inside the channel and we have the next round target of $100 . But in case ETH breaks the lower line - we will be able to talk about reversal of the bullish movement. We set this BTC chart on the left for clarity, what can happen according to this price changes, similarity is observed. Market Cap $16 035 694 805 USD Volume (24h) $6 678 425 801 USD Circulating Supply 108 865 785 ETH Share your thoughts, ideas about the market under the chart. Watch for our Updates to be the first who gets well-timed signals! GOOD LUCK AND LOTS OF PROFITS !!
BITFINEX:BTCUSDShort
by PrimeXBT
6
Example of cryptocurrency market infancyWe are currently still in the infancy of the cryptocurrency market, as the market matures more coins will die off, fundamentals will become more prominent during evaluation and new trends within culture will emerge, including cryptocurrency. Often this infancy is compared to the dot com bubble which it is very much alike. This infancy is a direct contributor to the volatility and unpredictable nature of many coins, and most of the time this volatility is dependent on speculation. Once VERY clear leaders emerge (bitcoin, Eth, XRP at the current time) volatility will slow, and more growth will be seen as more confident investors enter the space. Leave comments below I would love to hear your feedback, (what else I could have included).
REducation
by Bixley
Major Short OpportunityEthereum has created additional weaknesses in the past 2 months leaving the 'weekly' PSAR-series unbroken, while dropping below important support levels. – ADX clearly shows assets leaving the stock – RSI trajectory is very weak throughout major intervals – MACD has re-entered negative territory – The stock is consistently creating lower highs and lower lows Stocks that 'come back' from a major surge can usually be put in a formation that excludes the surge itself. The problem here is that the stock is now below the pre-surge peaks (zoom out to reveal), which hints to a formation 'fail' further down the road. Depending on a few factors this and next week could decide on ETH's fate. "Worst case scenario" would translate to a great shorting opportunity non-stop to low 80's. (lines and connections have been averaged on step-line over linear for higher precision)
BITFINEX:ETHUSD
by UnknownUnicorn5323213
ETHEREUM - TODAY - MARKET UPDATE - 11/15/2019ETH slipped beneath 180.71, dismissing the wave (Y) triangle, and the decline is likely to continue toward the highlighted target area. Potential downside targets lie at 173.46, 170.76 and 163.67. That area includes where wave will retrace 61.8% of the wave advance. A zigzag unfolding for wave (Y) is expected to at least test the 173.86 lowm to complete wave ** ** A breach of 189.31 will give us reason to consider alternate wave scenarios and the possibility that wave Keep you updated as this price evolves. We go together Together we are stronger Share and like I am not Bearish long term. I am a Bull of Bulls. Thanks God bless you! =============================================================================== **BlackMEX PRO Traders - PREMIUM** We are a BITMEX specialized channel. Our philosophy focuses on capital preservation and good risk/return operations. We'll share our analysis, calls, and share studies that can help you be a better trader. Enjoy! ** 2 weeks free sign up Telegram > t.me =============================================================================== Twitter > twitter.com ===============================================================================
BITMEX:ETHUSD.PLong
by ferGOD