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Etherum

Etherum Classic (ETC) vs Tether (USDT) - Going Bullish ($$$)Etherum Classic (ETC) has been doing great the past few days, lots of growth and many positive / bullish signals are developing. I posted an update in my long term Etherum Classic vs Bitcoin (ETCBTC) trade which you can find here: Now, let's take a quick look at ETC vs USDT. By looking at the daily and weekly charts, we can spot the following signals: - On the daily time frame, we can spot a bullish MACD plus strong positive divergence. - The RSI is on the bullish zone and asking for more. The STOCH is very bullish as well. - We have a signal that never fails, EMA10 crossing up EMA50, as well as SMA20 crossing up SMA50 (which is basically the same), very strong bullish signals that points to additional upward movement for this coin. - We are now trading above the EMA100 line, which hasn't been done for over 2 months. The next challenge is the EMA200 line at $18.5. - Three consecutive green candles is another bullish signal. - Volume is a bit low but momentum is building up. - On the weekly time frame, to the right, we can see that ETC has been positive for 4 straight weeks and now crossing above the EMA10 line, which is great for this coin. - The MACD is yet to turn but the RSI is slightly starting to trend up as well as the STOCH. - A strong close on the weekly time frame can mean huge gains next week... And that's exactly what I believe. Note: This is no trade advice. This is an educational post. Thanks a lot for reading, I hope you were entertained by this information and wish that it can help you earn a few bucks. Namaste. P.S. Please make sure to like, share, follow & comment to support more of these trade ideas.
by AlanSantana
26
BTC UPDATE! DIAMOND BOTTOM PATTERN. Hi, guys! As we discussed earlier, BTC didn't manage to close the inside bar over 6200 which led to another quick drop. Now, we have a double bottom, but most interesting that price drew a very rare Dimond Pattern. Now we have a diamond bottom and breakout from 5950 will be a bullish confirmation. This pattern is rare and this is a reversal pattern that works out very well. Let's watch the price action and enjoy :) //This information is not a recommendation to buy or sell. It is to be used for educational purposes only//
COINBASE:BTCUSDLong
by LanaFL
14
BTC UPDATE. Rising flag. Downtrend continuation Hi, guys! We are currently at the wave C going to wave D(~6780) and after that, most likely will try 6980. BTC drawing a rising pennant, and target below the triangle(red lines) and highly likely will close under it, which is bearish and promising a downtrend continuation. We never see a bottom, but FOMO is really strong because we have lots of people not familiar with TA who buying every top and wasting our time. I wouldn't be surprised if FOMO will push the price higher than this bearish pennant despite the oversold condition, but the max price I can see is 7300-7500(pink, long time downtrend line). However, even if it will happen, the price should see a brutal rejection between 7.3 and 7.5 and even if tested, selloff most likely will be dramatic. Trade only at your own risk. This information is not a recommendation to buy or sell. It is to be used for educational purposes only
COINBASE:BTCUSD
by LanaFL
2
BTC UPDATE(NOT A JOKE!)The previous chart is a Fool's Day joke. This one is real. We reached the target but I don't see a bottom here. This is a point of interest for many, so we can find a short-term support at 6500 and I expect a sideways between 6.5 and 7.2. Overall, trend remeans to be bearish and we are sliding down in the channel that has a 1/2 Gann Fann line as a bottom line. Also, we have a Death Cross of 50 and 200 EMA's. Highest point I expect is 7.4(target of 15m inverse H&S). The green rectangle is probable target point. There meeting Gann Fan and 1.68 Fibonacci level. //This information is not a recommendation to buy or sell. It is to be used for educational purposes only//
COINBASE:BTCUSD
by LanaFL
BTC UPDATE! UNDERLOOKED FALLING WEDGE - TARGET $13,50016 week Triangle that everyone was talking about seems to be a WEDGE! Here is why: Since we almost don't have wicks on the top(check it yourself on the Daily chart), we should disregard wicks on the bottom #1 rule: Wicks to wicks, body to body. If we charting it properly following this rule, we can clearly see a falling wedge and price just bounced from the lower line. That's why it spiked like that recently. $5800 has been tested multiple times and showed a strong support and now BTC testing resistance at $6250. If we will manage to break it, next stops are $6800-$7050, $7600-$7800, 9k, 10k, 11600 => Target The measured target of this Wedge is $13500 Stay tuned! //This information is not a recommendation to buy or sell. It is to be used for educational purposes only//
COINBASE:BTCUSDLong
by LanaFL
1
BTC UPDATE! Bottom, bounce, waves and levelsHi, guys! In this chart, I want to share with you the most important Support and Resistance levels that necessary to know regardless how things will unfold. At first of all, I want to bring your attention to the inverse H&S that I called a week ago. It keeps forming but with a little delay. Smaller INV H&S already was executed, target reached and we are heading to the right shoulder of large inv H&S. We just broke a short time resistance at $6220 which for me was a reversal/buy confirmation, but I've been greedy and scooped some at 6050 and 5950 without confirmation because it was the level of the strongest support that BTC ever has , and it would be unforgivable to miss it. Now, look at the support/resistance levels. This is key levels that we should keep an eye on to don't sell the support and buy resistance, as many folks like to do. Thiknes of this levels is calculated very accurately, so, don't disregard it , the thickness is different for a reason! Level can't be considered as broken without complete penetration of the level. My target ATM is 7600 where we will meet a very strong downtrend line that showed brutal resistance three times in a row. If for any reason that level will be broken, resistance at 9k will be a confirmation of the big move up to $13500 . Of course, we will need to deal with all resistance levels that you see on the chart on the way up, so keep this chart close to check up later on, or mark this levels on your own. //This information is not a recommendation to buy or sell. It is to be used for educational purposes only//
COINBASE:BTCUSDLong
by LanaFL
12
UPDATED! BTC reached key support level. Descending triangle. This is an update to the previous chart since I want to clarify some details: BTC dropped to the key support level that we have seen twice since "big rally" in the same time turning from the symmetrical triangle into Descending Triangle. If 6000-6500 will hold, we should finish wave "E" first, and if the breakdown occurs at 8500-8800, the target might be ~13250 at 0.5 Fibonacci and here is why: BTC is still very overbought, Daily RSI - 28, Stoch RSI - 6. We have seen this conditions only 6 times before the big rallies from 1800 to 4980, 2900 to 19980, 5800 to 11800 and 6400 to 9800, in average 7395 points up from RSI 30 on D, which is mysteriously matching a measured target of the triangle(Green arrow) 13500. Since we missing wave "E", we are at the bottom of the triangle, this level showed a strong support twice, and conditions are badly oversold, we should finish the wave "E" before going down. Lower targets from the previous chart stay intact, but not going to be reached without retracement up. Bonus: Now, for those who use a Gann Fan, you probably know, that breaking 4/1 Gann is very bullish and often delivers a huge breakout in one big candle(cluster). BTC's 4/1 at ~7000k, so we are really close to it. If 7k will be broken, wave "E" is almost guaranteed. Hold tight and stay tuned //This information is not a recommendation to buy or sell. It is to be used for educational purposes only//
COINBASE:BTCUSDLong
by LanaFL
2
BTC reached key support level. Descending triangle. Target 13500Hi, everyone! BTC dropped to the key support level that we have seen twice since "big rally" in the same time turning from symmetrical triangle which is Bi-Lateral pattern into Descending Triangle, which is BULLISH. If 6000-6500 will hold, we should reach a wave "E" first, and if the breakdown occurs at 8500-8800, the target will be ~13250 at 0.5 Fibonacci. BTC is still very overbought, Daily RSI 28. We have seen this conditions only 6 times before the big rallies from 1800 to 4980, 2900 to 19980, 5800 to 11800 and 6400 to 9800. Hold tight and stay tuned
COINBASE:BTCUSDLong
by LanaFL
2
$ETH - Etherum Daily Chart BTC PairingEtherum overall has been on a nice bull run in the long term. The monthly chart shows a continued run of higher lows on the BTC pairing. I am looking to add to my ETH holdings as it is the only other coin than BTC that i actually hold for long term consideration at this point. We are seeing the signs of a trend reversal coming out of a correction. We found some support near the bottom bollinger band which matched up against a support line around 7981304 SATS. AC oscillator is turning green and heading back to the zero line and the BB% is trending up. I would consider a buy in once the Ac oscillator crosses the zero line and we break the current channel. All these indicators will confirm a new trend which will be a good sign to buy in.
Long
by UnknownUnicorn2091450
1
ETHUSD - SETUP - WEEKLY CONTINUATION - 28 MAYWELCOME TO DACAPITAL TRADING!! ETHUSD just started moving as expected, quick Timeframe breakdown for free and everybody. 4 HOUR Strong H4 Breakdown below previous week price action low DAILY Very bearish price movement last couple of days forming several lows WEEKLY We now have 4 highly bearish candles in a row following this movement.. LEVELS SHORT @ 532.23 SL @ 577.88 TP1 @ 487.30 TP2 @ 463.39 TP3 @ 441.80 Weekly trend continuation, move SL to BE if TP1 hit and close partial Profits at every TP Level.! Enjoy our limited Free Content and Setups, leave us a like and Comment!! DACAPITAL TRADING
BITFINEX:ETHUSDShort
by DACapitalTrading
24
ETHUSD - SETUP - WEEKLY CONTINUATION - 23 MAYWELCOME TO DACAPITAL TRADING!! ETHUSD just started moving as expected, quick Timeframe breakdown for free and everybody. 4 HOUR Broke below previous week lows with a strong H4 Price action. DAILY Last 3 days very bearish explosion after pullback over 60% of previous X-A Wave movement. WEEKLY 3rd Bearish week aswell heading heading towards 570$ LEVELS SHORT @ 640.19 SL @ 670.73 TP1 @ 609.65 TP2 @ 594.59 TP3 @ 579.52 Weekly trend continuation, move SL to BE if TP1 hit and close partial Profits at every TP Level.! Enjoy our limited Free Content and Setups, leave us a like and Comment!! DACAPITAL TRADING
BITFINEX:ETHUSDShort
by DACapitalTrading
9
$ETH - Etherum DailyAnother correction period for Etherum as it has had a great run the past few weeks. It has finally pulled over the 50 period moving average and kept the run, though as everything goes up a correction eventually comes. Etherum though has started to slow a little bit. The Heikin Ashi candles are getting smaller, though still below the 20 period moving average and the BB% shows a slight uptick. Bearish volume right now has slowed, but there is still a chance the correction may continue. May be a false signal of a trend change, but we will have to wait another 24 hours to see if it does. If the correction continues, first area of resistance would be near 613 by the bottom bollinger and if it continues to drop past that, the 50 period moving average would be the next support area near 562. If the trend does change, first area of resistance is near 706 then 813 before another possible correction. These values can change as the support and resistance can changed based on averages.
by UnknownUnicorn2091450
ETH 5 waves up complete, now on ABC correctionETH looks to me to have completed 5 waves up. ETH looks now to possibly be working on the C wave of the ABC correction. If so, it would appear we have a few options. 1. Bounce off 38.2% retracement in the mid $660's (this would be a 1.618 C extension of wave A as well). It would be very bullish if ETH bounces here and then clears recent high of $838. We'd be looking at a significant upside potential since the next wave would be the start of impulse wave 3 (target of $1386). 2. Bounce off 50% retracement around $614. Again, if we clear the recent high of $838 very bullish. 3. Bounce of 61.8% retracement around $562. This would be a very significant bounce target as impulse wave 1 frequently retraces 61.8%. Even if we don't clear a new high, a buy in this level could likely be profitable for at least a very short term trade. 61.8% pull backs tend to get at least a temporary bounce, even if does not go on to create a new impulse wave 3. If the above zones of support all ultimately fail (I'd call failure to break $838 a failure), then I'll be looking for ETH to possibly retest recent lows ($350's) or even lower. However, if ETH does ultimately hit one of the above targets and then moves back above $838, then the assumption is that ETH is working on wave 3 up and a 1.618 extension of wave 1 would give us wave 3 targets between $1283 and $1386 (depending on which retracement level ETH hits).
BITFINEX:ETHUSD
by CryptoTA4U
3