Get started

ETHEUR

ETH Triangle Pattern Bull or Bear Breakout ? Target 725€ETH has previously confirmed its reversal bull trend. Reaching quickly the 578€ level (transposition of depth of cup&handle formation - see my previous idea) and correcting brutally until shot-term support trend line (blue). Despite bouncing back, it broke-down the first support trend line, indicating bear signal, forming a pennant pattern. In case of a bull breakout we have our trigger at >580€ (if candle confirmed) and our first target around 600€ level (transposition of triangle height) and second target around 725€ level (transposition of scale stairs as see in screenshot below). RSI mid range (50 now) so more up is possible. This scenario would make a nice validated continuation pattern. In case of a bear breakout, very likely fall until support zone (435-485) as shown and expected bounce back.
by Ayen
ETH ROCKET UPDATE .2 (CORRECTION PHASE)Traders, Here we have ETHUSD D chart. Kindly check the main idea: then update .1 Let's talk about the situation of this monster for the next few days at the first update drew a neck line to be broken and it will cause of the end of the up-trend is going to be end soon here on the 4H chart as you see below :''the heavy blue line is the newest down-trend line'' that will lead the price to break the main up trend and heading to the 500$ levels. Note: 40 like to update this series with you guys to know if there any traders are interested with it or leave it to the wind Trade safe at the end Regards, Mohsen
BITFINEX:ETHUSDShort
by MohsenCapital
2
And another repetitive beartrap... in ETHThe weekly indicators look strong, but daily indicators look stronger. We're testing the weak hands for now until we get into the daily RSI oversold zone (and confirm it in weekly) to close the long position. >35% potentially in this Long entry (from 0.070ish to 0.095ish). Since Ether against fiat (EUR/USD) completed the classic bubble crash pattern, it reinforces this bullish sentiment against bitcoin pairing. This means I think Ether will outperform Bitcoin during this "bullrun", and thus I'm splitting half stack from Btc to Eth. Will reinforce the position if I see confirmation later. Stop loss slightly below the blue 78.60% level that we tested overnight (0.065 zone). Risk to reward ratio over 5 looks gud enough to me to trust fake divergences and bullish MACD. for the record, this is how weekly indicators look as of press time Risky, but risk/reward of 5 it's too tempting. Wish me luck!
Long
by elpokor
ETH down. To know why, enter here and check the fractals.Hi, there. As I said to you, there are amazingly similar patterns (fractals) in these two mountains. If you think it will go to $1400 or close, I think you can wipe your accounts off. Why do I know it goes down and can imitate the same behaviour? Well, this last bullrun was the Wave 4 of the correction, and now, it needs to go down again and complete the Wave 5. Trade at your own risk. I’m not responsible of your actions. Have a nice day! :)
Short
by Andbcoin
5
Will ETH crash again?The green lines show the main upward channel of ETH. ETH went a little too high yesterday and left the channel to the top where it tested multiple times 580 but hit very strong resistance. Therefore it had to retract back in the channel where we are now checking the bottom. So the are two possible outcomes: 1. We can hold the bottom of the channel wich sends the price up again to recheck 580 resistance in a couple of days. 2. We don't hold the bottom of the channel and might fall back to 400 again.
by Skillzzz
ETH EXPLOSION UPDATE ! Traders, Here we have ETHUSD 4H chart Update. Published past 2 ideas about this monster a few days ago here below: That was saying that we have a perfect example on Gann's method to trade and time cycle and here we have the establishing of this method with the amazing fib replacements, so here we have the update to know the right points that will drive the price to the strong resistance 1- The price will stop at 0.236 Fib at 610$ and then retesting the low levels at 400$ levels minimum 390$ with decline of BTC 1.09% 2- After retesting we will have a strong move to touch the 0.382 level but not closing above it at around 770$ small correction with BTC 1.09% again to 600$ levels 3-Reaching 800$ after few weeks will determine the big moves with a positive news about ETH 4- ETH will take BTC 1.09% place palace and the crown will lead it to all time high that's a humble vision of mine at the end. Regards, Mohsen
BITFINEX:ETHUSDLong
by MohsenCapital
ETH EXPLOSION UPDATE ! Traders, Here we have ETHUSD 4H chart. I posted a ETHUSD analysis lately, and the Gann's moved smoothly with some changes simple but for the short term traders you can check ideas here below: Price is trading upwards since our 1st ETH analysis, and if you followed me, you would have made significant profits already. Price is now trading at 605, after breaking out the bear trend line continuing to the upside. Price is currently finding strong resistance at 0.236 Fib, because of this, There is a chance there could be a correction now, before any further upside ensues. to touch the major 200 EMA at 505$ after recovering from this little cross of EMA 50 and 200, but the main idea about this monster coin is as it is at 0.382 Fib 770$ Note: This idea will be short for day or two as a maximum prediction Regards, Mohsen
BITFINEX:ETHUSDShort
by MohsenCapital
ETH, Whats going on? Squeeze and tease! Bullish beasts exists.----- SCROLL DOWN TO SKIP INTRO ----- Hello Traders, followers, hodlers or simply crypto enthusiasts. Are we expecting the price to shoot to 1200€ soon? I say ; too soon buddy. But! We have some bullish signs. All we need to do first is assess the situation: I have made some pretty good calls here in TW, but always i suggest that you always make up your own mind, if thats something that makes sense to you. ------- END OF INTRO --------- - Price has risen from 292 euro up now all the way to a peak of 436. I would say that if you bought in under 300 or in the low teens, taking profit would have been a good idea in the 420+ range. Besides that, we have to change our outlook further to see what lies ahead. - Keep Eye on the rising support, will it break and make a steep correction down? Or do we get feinted into a little more bull rally traps? My assessment is that a retrace to the 370€ is the least we can expect us. We have to keep eye on the support levels , most importantly 392 - to hold to secure more gains. If 392 breaks we could see a retrace to the origin of the bullish upswing from 370€ - but i doubt there is much strength to it. Therefore i look took to get in around 350-340, or even better around 330-322 My mid long term outlook on ethereum is bullish. I think Ethereum will recover nicely along bitcoin. But not to our expectations, I have modest expectations and we could swiftly get our head chopped down to new lows. Prepare for the best scenario (Or worse, it's 50/50 in the end). Trade with brain not heart. -------- ENTRY/TP RATING ----------- MY PERSONAL ENTRY ZONE RATINGS A+ 322€ A 330€ A- 340€ B+ 350€ B 360€ B- 370€ EXIT/TP ZONEZ A+ 625€ A 574€ A- 540€ B 515€ B+ 497€ B 449€ -------- Key stuff --------------- "Approx. two weeks of consolidation around 300, further declines stopped at 392, bullish activity increased." "The Printings of higher highs and higher lows confirmed" "A break below the support rising trendline can bring another good oppertunity to buy for mid term long set up." "Bullish flag ! , bearish hs inside !....Mixed signals, market showing a bit of weakness, more volatility to be expected" "Break below 397€ indicates decline to the buy zones as probable to medium high" ------IMPORTANT ----- A break below green lower channel indicates temporary uptrend/support holding has come to an end, and we look for more downside in the longer term.-------------- ------------- GOOD LUCK
Long
by ethhunter
16
Long ETH/EUR break above 20-DMAETH/EUR rejected at session highs at 352.34, slips lower to currently trade at 331 levels. The pair has broken above 5-DMA which is now immediate support at 316 levels. Upside finds stiff resistance at 20-DMA at 354, breakout could see further upside. Technical indicators are turning slightly bullish. We see scope for test of 55-EMA at 485 levels. Stochs have rolled over from oversold levels and we see a bullish MACD line crossover on signal line. On the flipside, retrace below 5-DMA could see test of 285 (major trendline). Violation at trendline could see further weakness. Support levels - 316 (5-DMA), 300, 285 (major trendline) Resistance levels - 354 (20-DMA), 400, 485 (55-EMA) Good to go long on decisive break above 20-DMA, SL: 315, TP: 400/ 485
Long
by FxWirePro
ETH - The Bottom Could Be NearBefore you read any further I want to state the current market state is extremely BEARISH . There is absolutely no sign of reversal yet, so buying on the support levels I have shown is extremely dangerous. Please do your own due diligence and wait for clear signs of reversal. This analysis is entirely based on fractals, fibonacci retracements, and price ratios. For those of you unfamiliar with fractals, they are recurring patterns that are used to predict reversals among larger, more chaotic price movements. This example I am using fractals to help us predict the bottom and possibly future price movement. The fractals above are highlighted in boxes. From afar they look similar but not quite exact. However by lowering the timeframe on the smaller fractual you will see there is a massive amount of resemblance between the two. After noticing this, I used both price ratios and fib levels of the smaller fractal to help predict the bottom of the current downtrend we are in. Based on that data possible support for reversal ranges from $300-$400 . Which is more clearly shown on the chart above. IF this support holds true and the fractal repeats itself, the next bull run could be Ethereum's biggest one yet. Zooming out on the chart above you will see my 3 major target zones. My third target being just over $5000. Fractals are a great tool to use when it comes to trading. Especially on lower time frames. The reason fractals are less likely to work on higher time frames is due to larger variables effecting it. For example the ICO -12.50% market is being heavily attacked by advertising companies and govermental regulation. Events like this could disable Ethereums ability to gain Bullish momentum. However, the setup is here. So we wait, and time will tell what the future holds. I hope you all found this analysis enlightening in these very bearish times. For those of you worried about the current market conditions, you should be, however the bottom will come in time, When is the uncertain factor. I wish you all the best of luck. DISCLAIMER: Please note I am only providing my own trading information for your benefit and insight to my trading techniques, you should do your own due diligence and not take this information as a trade signal.
COINBASE:ETHUSDLong
by oh92
7
Bottom is in? Maybe. Trap? Maybe. Trading it.Looks like ETH is picking up some bullish momentum as i expected. We have several signs that we have a buy oppertunity here. One key sign is the double bottom formation, on top of that we're very close to completing a inverse head and shoulders pattern, all of this is happening inside a ascending triangle - so the bullish signs are definitly there. The fact is however that this market is very unreliable, as many patterns I have seen play out as expected, many of them have not. In my "ultimate ethereum chart" i said that there was a 70% chance that we would rise, and we did. My conservative target has already been met, which was 340~350, the next target would be 360. I'm gonna take a leap here and say that there is a 60% chance that we will continue to rise, with a target close to 390. I entered a long position between 310-325 where i got in at a full position. However I prematurely closed it at 333, which in hindsight was a poor decision, since i highly believed that we could climb, but my hands got weak after we got that agressive push down. I still profited off the trade which is the important part. It's not easy to stay strong when you're trading inside a bear flag, even if the're bullish signs there. So what about the other 40%, yes, we can still make a drop but i see no immediate reason for this right now, but this market is not rational so anything can happen. There is a lot of manipulation and big whales that are playing their games to confuse traders and influence/supress the price. If we are looking at the classic "Wall Street chart", we are currently at the end of capitulation and not at dispair yet. If this bear flag decides to break down, we are in for a deep ride down. The target is somewhere around 200€, but support could step in anywhere between 300 and 200 to stop it from fully reaching it's potential. All in all, the odds are in our favor (bulls), we have held 300 but we have not yet seen any large pressure there, and the volume has been lackluster. However I don't see any reason for us to try this area again immediatly, but the breakdown from the bearish flag could be fast and harsh. I also argue that we are seeing distribution rather than accumulation right now given the trend, some say we're seeing accumulation and that may be the case, but since the volumes are low I'm still not sure about anything. But right now we're riding on some bullish momentum and I will go long with it and set a strict stop loss.
Long
by ethhunter
2
Ethereum Rocket ! Traders, Here we have ETHUSD 4H Chart. A perfect example about Gann's method, so let's know more about Gann's way to trade. History, has some uncomfortable but exciting things to say about predicting market movements. He said, "TIME is the most important factor in determining market movements and by studying the past records of the averages or individual stocks you will be able to prove for yourself that history does repeat and that by knowing the past you can tell the future.There is a definite relation between TIME and PRICE. Now, by a study of the TIME PERIODS and TIME CYCLES you will learn why tops and bottoms are found at certain times and why Resistance Levels are so strong at certain times and bottoms and tops hold around them." Gann also said, "Mathematical science, which is the only real science that the entire civilized world has agreed upon, furnishes unmistakable proof of history repeating itself and shows that the cycle theory, or harmonic analysis, is the only thing that we can rely upon to ascertain the future." "Every movement in the market is the result of a natural law and of a Cause which exists long before the Effect takes place and can be determined years in advance. The future is but a repetition of the past." These were pretty bold statements for Gann in his day and time. He had no access to computers of any kind - no calculators within reach. And yet, after years of study and hand calculations, he was able to uncover an order and rhythm of market behavior patterns - clearly enough to trade profitably nearly 9 times out of ten. If you flash forward some 60 years, we discover Welles Wilder, the creator of the RSI indicator, the ATR indicator, among many other fundamental technical indicators that millions of traders around the world use today. A trading and technical analysis giant - like Gann . When presenting his experiences with something later referred to as "the Market Delta', Wilder opens his statements this way: "Those who know me well know that I am not given to vain statements or careless exaggerations. What you are about to read is true ... every word of it." what are the chances that One could know in advance that T- Bonds would make the highs and lows (in high/low rotation) as shown on the chart? The answer is one chance in 322 billion! To be exact, 1 in 332,687,692,541 that the turning points on the chart could have been known before they happened. " "...For all twenty-five commodities , which include over 200 years of observing the Delta phenomenon, the average accuracy for all Intermediate-term points is as follows: 51 % of the time the projected Delta turning points will occur within two days of the projected day. 68% of the time the projected Delta turning point will occur within three days of the projected day. 81% of the time the projected Delta turning point will occur within four days of the projected day...." I want you to keep one thing in mind - both of these men accomplished these findings without the aid of a modern day - personal trading computer. some of you will say to not confuse stocks with crypto but we had an example for this method before that I had published a few days ago here below about Xrp At the end this pair is a live example on any time frame maybe we see that happening after few weeks so we will have resistances at 500$ first then 750$ and finally 850$ and then retesting the lowest support of 500$ again that's a humble vision of mine at the end guys. Regards, Mohsen
BITFINEX:ETHUSDLong
by MohsenCapital
14
ETH - The Bottom Could Be NearBefore you read any further I want to state the current market state is extremely BEARISH. There is absolutely no sign of reversal yet, so buying on the support levels I have shown is extremely dangerous. I have lost nearly my entire account attempting to catch the bottom on this tumble down. So please do your own due diligence and wait for clear signs of reversal. This analysis is entirely based on fractals, fibonacci retracements, and price ratios. For those of you unfamiliar with fractals, they are recurring patterns that are used to predict reversals among larger, more chaotic price movements. This example I am using fractals to help us predict the bottom and possibly future price movement. The fractals above are highlighted in boxes. From afar they look similar but not quite exact. However by lowering the timeframe on the smaller fractual you will see there is a massive amount of resemblance between the two. After noticing this, I used both price ratios and fib levels of the smaller fractal to help predict the bottom of the current downtrend we are in. Based on that data possible support for reversal ranges from $300-$400. Which is more clearly shown on the chart above. IF this support holds true and the fractal repeats itself, the next bull run could be Ethereum's biggest one yet. Zooming out on the chart above you will see my 3 major target zones. My third target being just over $5000. Fractals are a great tool to use when it comes to trading. Especially on lower time frames. The reason fractals are less likely to work on higher time frames is due to larger variables effecting it. For example the ICO market is being heavily attacked by advertising companies and govermental regulation. Events like this could disable Ethereums ability to gain Bullish momentum. However, the setup is here. So we wait, and time will tell what the future holds. I hope you all found this analysis enlightening in these very bearish times. For those of you worried about the current market conditions, you should be, however the bottom will come in time, When is the uncertain factor. I wish you all the best of luck. ETH tips always appreciated: 0xEEcD7Ce6E22AfA6083074c4CCd326Be0b1C932d9 DISCLAIMER: Please note I am only providing my own trading information for your benefit and insight to my trading techniques, you should do your own due diligence and not take this information as a trade signal.
COINBASE:ETHUSDLong
by oh92
6