Ethusdforecast
ETHUSD approaching resistance, look out for potential reversal!
ETHUSD is approaching its resistance at 149.88 where it is could reverse down to its support at 134.42.
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ETHUSD potential reversal!
ETHUSD expected to rise up to 1st resistance at 149.88 where it could potentially react off and drop down to 1st support at 134.42.
*Disclaimer.*
Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
ETH hits first target area, more downside to $85! ETH just hit our first target area after nearly 20 days falling from the $156 retrace area down to $122 and then some. From here if we follow market structure price can retrace into the $138-140 area before breaking through $122 and into our target area of $85. Price could theoretically move up to the $150 level where the impulse started but that is unlikely if the market structure trend should continue.
Right at support at $122 some strong buy volume came out which is a little concerning but overall the downtrend looks to hold well.
ETHUSD approaching support, potential for a bounce!
ETHUSD is expected to drop to 1st support at 138.80 where it could potentially react off and up to 1st resistance at 158.50.
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#ETHUSD#Ethereum, The bears will continue to celebrateThere was no breaking the resistance at $ 158 like we thought it might be
The last 2 candles were closed in the shape of a star that they would usually appear at the end of the trend and indeed the candle that followed was red
The Ichimoku cloud continues to be a bear cloud and the candles are still below the cloud and the blue line is still above the red line, all of which indicate continued declines.
The price below the 200 moving average line.
Target: $ 131
ETHUSD forecast on H3, inverted H&S patterns have formedNote : wait until the price reaches the demand zone --> wait for the rejection candle to form --> e.g. bullish engulfing, pinbar .. etc
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#Ethereum#ETHUSD, Delicate signalThe Ethereum faces a resistance line that used to be a support line.
Judging by Stochastic Indicator and RSI Indicator we are ahead of wave ups.
In the case of breaking the resistance line at $ 160, Ethereum will be able to return to the range between $ 160 and $ 193.
We recommend a very careful purchase with an initial target of $ 161
ETHUSD formed bullish Butterfly | A good long opportunityPriceline of Ethereum / US Dollar cryptocurrency has formed a bullish Butterfly pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss in case of complete candle stick closes below this zone.
I have used Fibonacci sequence to set the targets:
Buy between: 177.33 to 173.24
Sell between: 180.50 to 188.12
Regards,
Atif Akbar (moon333)
ETHUSD bounced from support, potential for a further rise!
ETHUSD bounced off 177.23 where it could potentially rise further to 184.80.
*Disclaimer.*
Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
ETHUSD reversed from resistance, potential drop!
ETHUSD reversed off its resistance at 186.42 where it could potentially drop further to 177.23.
*Disclaimer.*
Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
ETHUSD bounced from support, potential for a further rise!
ETHUSD bounced off 182.78 where it could potentially rise further to 193.65.
*Disclaimer.*
Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
#ETHUSD#Ethereum, Forecast for the coming weekIt is important to trade with the trend and not against, the trend in H4 is a positive trend.
The Ethereum peaked at $ 195 (you can see that there is a resistance line at the above price) and since returning to decline, these declines as long as they run between $ 175 and $ 195 are not declines that should worry us.
We continue to be bullish with a $ 220 target price.
ETHUSD Long confirmed like Yesterday ForecastedHello to all watching my charts.
ETHUSD jas just jump up nearly exact like i forecasted yesterday.
No it has reached my first target and we can go out or we can wait
on my second target.
Dont know which is the better strategty, that something
unknown in the future and in every trade something
we do know the right decision here only after we have done it...
Good trades
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