Ethreum
GBPUSD technical analysisA bullish price channel is used in this analysis to capture the meandering price action of the GBPUSD on the Daily time frame from October 12, 2018 to present date.
1.38343 and 1.19602 mark the extremes (or width as indicated by the black arrow) of the channel and are therefore important to take note of for future price movement in the GBPUSD. The bottom of the channel was successfully tested on August 15, 2018 and thus suggests price returning to the opposite extreme (bullish).
1.32337 and 1.26720 indicate boundaries used in this analysis that can be used for trade entry with the former supporting a bullish bias and the latter bearish (i.e. break below the channel and price consolidation).
ETH/USD - Possible head and shoulders formingEthereum has had an incredible run since it bottomed out back in April. It is now correcting, with a possible head and shoulders structure almost completed.
A head and shoulders is a trend reversal pattern. The uptrend, partially denoted by the yellow trend line, culminates in the head region, after which it begins a downtrend.
The conventional way of trading the H&S pattern is to take the price difference between the apex of the head to the neckline, and subtract it from the price of the neckline. Coincidentally, this price target falls right on the .786 fib retracement level. It is here where we could possibly see the end of ETH's retracement.
This would be a perfect H&S if it had the more typical volume signature associated with H&S. Because of this, another price target to keep an eye on is 660, which is the .382 fib retracement level, a strong horizontal resistance and the potential bottom of the right shoulder
not financial advice
#ETHUSD Volume Analysis Prediction 5/14/2018The Ethereum looks much better than Bitcoin now.
First of all - it's strong up trend.
Second - the price is above big horizontal volumes.
Third thing - last balances showed bull reaction.
To resume mid-term growth, it is necessary to breakout 840. Next strong resistance zone would be 755 and round psychological level 800.
For bulls it's important to hold price above the support zone 675-685. If not, we will see a much deeper correction.
ETH/USD, Daily Chart Analysis_Update 4/27Ethereum coin found bottom just above the Mean support $617 level and adjusted back to the neighborhood of the Key resistance $703, within the medium to a short-term uptrend. A break above the Key resistance is still likely, and a test of the $862 'Coin Rally' is possible after the strong up move.
With that being said, Ethereum is among the market leaders of the mini upswing trend which is expected to carry on. Therefore, long-term traders and investors should preserve their coins regardless of the moves.
ETH - Broken H&S; Proceeding to Test $800 Support AreaAwaiting market behavior at this area. ($800ish)
If market breaks below $800 we should see further consolidation near $730 - $690
"Worst Case" : A test to $500
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Weekly sentiment is bearish.
Daily & H4 Demonstrate bearish behaviors.
Consolidation expected.
drive.google.com << ETHUSD Possible Break and Target Point Listed on Page 2