Cryptocurrencies: spreading riskAfter recent developments, its obvious that risk management is everything. "spreading risk" over multiple currencies might just be an illusion.
ETHEUR
ETHEUR 4H chart bullishChina fake news are over. MACD & RSI confirms price reversal. Upper trend line broken.
TP1: 280€
TP2: 330€
ETHEUR descending triangle bearish pattern on 1H chartLook like we will move down till 235€ or more.
ETH / EUR - New ATH incoming ??We can see a nice cup & handle.
Projections looking good for a new ALL Time High soon
ETHEUR long terme bullishMetropolis will be released in late september. Ethereum conference in october. If no bugs occurs, we will see a target of 538€ (1.618 fib retracement), near 600$ psychologic limit.
Buy-in: now
Stop loss: 250€
Target: 538€
Possible ETH DivergenceIt appears that ETH has formed a divergence line which could be an early indication of a reversal.
As long as ETH fails to create a new high with the RSI indicator, we will likely see a correction.
My short order will be placed at about $322; immediately after a break in the trendline.
Final target is set at $292.
Once we have a confirmation of reversal, additional profit levels will be posted in the comments below.
Wish you all luck!
ETH bullishETH looking good, my target for this month is 300eur.
Higher low -new bullish chanel was formed, cruicial resistance at 200(eur) was broken above, huge symm triangle was formed and ETH jumped quite high - currently support is at around 230. We are close to fib 0.5 and the next resistance point at 260. If ETH will cross it, next station is the resistance at 280-285 which is also fib 0.618. I am sure there will be some dips but overall if eth stays in the bullish chanell we are up.
Bullish flag pattern on 4H chartAfter a big movement from ETH to BTC, people seems to go back slowly to ETH since the correction of BTC. 9 law firms joined EEA (not announced yet) and Agrello ICO coming in 1 day. No bugs reported for Metropolis beta tests. We will see certainly a release in september.
Buy: 258€
SL: 237€
TP1: 280€
ETHEUR ascending triangle bullish patternBullish on 4H chart if we break resistance of 270€. We can move to 290€ resistance and upper.
Flag pattern ETH-EURAre we going to 322? Flags are mostly halfway the trend, if pattern works out it wil go to 322.
ETH/USD Possible Long SetupHey guys,
We wish you happy Friday first, we hope you had a successful week. Now for the last day of trading, we have a shorterm trade in ETHUSD.
When the market stays below the current high of 318.769 we like the buying at 270.351 with a stop loss at 240.6918 and an initial target of 360.263. We will cancel the setup once the market breaks the high because then we would be seeing extension higher.
Hope that helps and trade safely.
Cheers
Wedge Continuation bearish patternAfter an ascending triangle bullish pattern, we reach a psychological limit of 300$. We saw many shorts and the volume go down. I see a wegde continuation bearish pattern and a correction to the 0,5 Fibonacci retracement.
Sell order: 256,40€
Stop loss: 265€
Profit target 1: 237,85€ (0,382 Fib retracement)
Profit target 2: 227,93€ (0,5 Fib retracement)
Looks like ETH/USD is running into Trend Line ResistanceIn the long run, this is not a make or break thing, but the channel that ETH/USD has been in for the last two weeks is running into the resistance line. This is also a back test of the purple line in the middle of the channel (channel is green). This purple line is part of a rising wedge - a bearish pattern that typically has negative implications that are in scale with the size of the pattern.
ETH/USDT Recovery after strong riseThe course is recovering slightly after a strong rise. He had finally broken the resistance at 234. Currently we are hanging between the old often confirmed resistance at 265 and the 0.382 Fibo at 240. I think the uptrend is now confirmed and the takes a bit of swing for the next one to break through.
ETHEUR: Potential Big Move to The UpsidePrice broke above the uptrend it was moving in so I drew a new median line set, an upsloping one. We may see that price found resistance at the median line, a good sign to make us believe that the slope of the pitchfork is an active one. Having that in mind I will keep an eye at the lower parallel of the fork for a buy setup completion. If we have one and see price bouncing from the lowwer parallel we have very good chances to see price heading towards the median line once again
Etherum Long SignalHey Guys,
ONLY IF ETHUSDT goes (WITHOUT breaking the highs at 242.42047740 first!) we like to buy it at the 100% fibonacci extension. When the market breaks above 242.42047740 highs we gonna delete this pending order! We dont like selling it.
Hope that helps and trade with care
Cheers
<<ETH>> <<volume>> <<ADX>> <<waiting for a cue>>illustration of volume spikes at the very bottom and at the very top.
based on ADX only, the values are quite weak...
I am waiting for a 1st spike which will be the feint and the 2nd spike which will be the real deal.
F. Normandeau
e t h (double trouble)after seeing two buy signals given by the 2 indicators we are using every day
we are now waiting for the next main signal on M15.
F. Normandeau
e t h / e u r (on kraken)for me, a buy here at 171.30
and a profit target at 267.00 (+95)
and a stop loss at 100.00 (-71)
F. Normandeau
Bullish - but no clear direction yet.Shorter term bullish but the sell zone overhead is concerning. With Segwit2x clearly signaled now it seems a lot of Bitcoin risk has been reduced and traders can focus on some recent positive developments from Enterprise Ethereum Alliance. Curious to see how price develops here.
ETHEUR: Potential uptrend continuation soonThe ETHBTC chart implies we need to wait until July 27-29th at least, but the fiat chart shows time can be a bit shorter for the start of the rally. There's still a chance to go lower during this time, so, I won't take action until it is clear we hold here for longer. I like how sentiment is quite negative on $ETH lately, and how people are scared about risks in $BTC as well. We can get a good uptrend continuation signal in the weekly timeframe soon, to rejoin the monthly rally, which is active until we hit that red vertical line on chart. Then we could see a larger correction back down, in a crash of epic proportions, or, simply, a slow and lengthy grind, to extend until 10 months later than that.
In the short term, my reccomendation is to stay on the sidelines, but prepare to add cash injections to your crypto accounts once more, to buy into the $BTC and $ETH comeback close to the end of the month.
I will get instant flak, for this chart, I'm pretty sure people will find the targets insane, but it is what the chart shows as possible/logical. Fundamentals seem alright to me, but once approaching this zone, I would be scared of a bullish sentiment extreme and a rapid 'bubble burst'.
Cheers,
Ivan Labrie.
ETH LONG SCALP (CAUTIOUS)Hello there :) This is my ETH trade after it dropped alot today. I hope that the chart is self explanatory otherwise feel free to ask any questions :) Have a nice day.
