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ETHEUR

ETH EUR are we in the last dump finally?Fractals are sometimes difficult to spot are some of their parts are evolving in shape or length but the most important is to catch the trend; it seems this fractal is still repeating and that is going to be finally the last dump before initiating a bullish trend. Here is the fractal I'm talking about: It looks we have the "M" shape first and the the last bounce before the big jump; so we're between "3" and "4", and after we'll experience a succession of 3 series of bounces/pumps to confirm we're in "5"; these pumps may be massive (the trend is represented in purple lines) Fingers crossed ;-)
by karamazov06
ETH EUR H1 - Surprise!ETH came back in its previous bearish channel after this surprising short squeeze; but the trend seems to follow back the fractal: this pull back make me strongly believe ETH will dump until it bounces on its main daily channel (black lines). So, why such a dump until this level? Look closer at the BTC/USD chart: BTC maitains its level since 3 days as ETH has formed a H&S : The reason for this is found in the ETH/BTC chart : Since 4 days, ETH/BTC is bleeding out and that's why ETH moves are so bearish. We know that ETH and BTC are linked, so the question is what will happen when things will go back to normal? 2 possible scenarios: 1st: ETH will pump, initiating a BTC pump 2nd: BTC will dump, ETH will also go bearish but slower and gaining in BTC at the same time, and after bouncing on their daily bullish main channel, they'll start the bull run that everyone is waiting for. 2nd scenario seems the most possible to me, as I'm expecting now a long squeeze after the short one ;-) By the way, there are many lines on the chart, the purple one are describing the way I think ETH will take :-)
by karamazov06
8
No sky rocket till now!!Please stop posting about Sky Rocket Cryptos, it's not happining, (Yet) at least, as Investor you should look to the profits in eyes not in Hope! here we see as explained in the chart, no buying is happening now, maybe later when the price fall to another cheaper price we may expect Crazy Spike in volume then we can hope as a first step of increasing in the price to higher levels, but if the volume also would decline, then Congratulations, ETH/EUR is crashing and may not heal at all.. if you would like to lose some money then you can buy, but if you want some good profits then wait the market heal it self first! you can't send a wounded soldier to the battle, but you can send him when he is ready to move! the market is the same, it's sick and weak .. wish you a good luck if it helps you to wait!
Short
by RalphEntabi
The Boom was Great! Now What? - Pissible ETHEUR Reversal Road!Hey there, So, a few days after the Reversal, i've been studying what's the next step on the bullish run. This time i decided to give it a try on ETHEUR, since i found it more clear to see. If tomorrow morning the candles goes as i suggest, and the next big bang happens as i marked, it will be confirmed the present of Bearish Expanding Triangle Pattern (Lilac Color). You can check how the ABC are almost the same but in bigger scale. So i measured everything and put it together on every next scale. If it is so, be aware on the downs :P As usual, this is just an idea, what i see on the charts, on my free time as a hobby. The market is on constantly change, never forget that. I hope this info could be helpful. Cheers, and have fun! :)
Long
by CharterX
Back to ETH 390$ early JulyETH logically moved up during the last hours while stayed within the descending wedge Since May ETH used to drop each time it gets close to the upper part of the descending wedge which is now more or less the equivalent of the EMA 10day Same behavior when the RSI comes close the the line you can see on the graph. ETH drops again when the above mentioned situations happen together with a moment of low volumes. So, if early July, ETH is close to the upper part of the wedge, with a RSI close to the line I made, with low volumes, I will probably short ETH with a target price at 400$-390$.
BITFINEX:ETHUSDShort
by tx512
Third Time's a Charm - Divergence StudyA quick study composed to illustrate the multiple levels of divergence Ethereum has had since November of last year. Based on this study, short term trend changes typically took place at the second level of divergence on the Relative Momentum Range Indicator . The only other acceptation for this, was the reversal from the top this last January. At that time, was so much upward momentum in the market that it took until the third signal of divergence to confirm a trend change. Some of you will say that this happens all the time, which is true. However this typically occurs on lower timeframes. Typically the higher the timeframe, the higher the chance of a divergence signal to lead into a confirmation. Looking at where we are now, we once again have a potential third attempt of bullish divergence forming on the daily chart. By no means is this a signal to buy.. The crpyto market as a whole is going through an extremely bearish cycle at the moment. However, looking closer at the chart you will see that we have potential trendline support around $420. I believe that if we hit this, the divergence line will still be in tack and we could see a potential bounce. For those of you that follow me, you likely notice that this still follows my ETH Fractal idea. I want to note that this fractal still remains a possibility until a lower lower is formed. Some may say it is foolish to remain optimistic in such a bearish trend. You very well may be right. I hope you all found this analysis a bit interesting and I wish you all the best of luck! ETH Fractal Analysis:
COINBASE:ETHUSD
by oh92
2
ETH Long - 4 weeks4 week view on ETH - Euro price. Two great entry spots: 1.490-500e 2.440-460e . Why bullish? Finished a huge correction from the January high to the April low. Since the April low, we have seen Wave A bull run then Wave B complex pullback Distribution from this retracement finished on the lows of 430e We have started to print Higher Highs & Higher lows once again MACD just crossed up Risks? Volume is below Moving Average 20,50,100,200 EMA all acting as resistance currently Resistance is currently 540e We need a daily candle close above 530 to take out 20,50,200 EMA and turn them into support Forecast? 1.Expecting one more retest of the 50% retracement 2.Saving some fiat in case we re-visit 61.8% retracement 3. Target 650e+ by end of June 4. Sell half of position at 600e This is not financial advice. Just personal opinion.
Long
by UnknownUnicorn3062951
1