Ethusdforecast
ETHEREUM - ETHUSD - BEHAVING AS EXPECTED - $233 AND MOREHey guys, if you have see my last post on this pair you would have seen/identified that ethereum seems to be in an upward channel.
if this is the case, we could see a drop down soon. currently, we have completed AB wave looking to complete the C wave at around $180. at this point we have a resistance that
could drop price down to round $127-$111.
Another Possibility is - if it breaks the $180 barrier then we are looking at the move up to around $233
ETHUSD looking good and behaving in a good way
See previous analysis
PLEASE SUPPORT THE MOVEMENT WITH YOUR LIKES, COMMENTS AND FOLLOW FOR MORE
ETHUSD - US dollar getting weak ETH price getting higherHello,
I was asked to present analysis or ETHUSD. Situation is very similar as with Bitcoin. Price rise due to weaker USD (you can see EURUSD or any currency pair).
We still have pretty strong momentum t the upper side. Support on levels: 141.50, 25% - 141.07. resistance is on 150.00 level.
Look to the let and you will see how price passed trough that level with momentum candle.
Cheers,
Jim
ETHUSD - COULD IT HIT $180 SOON?IF I AM CORRECT AND ethusd IS FORMING AN upward channel, then we might be seeing ETHUSD hitting $180 dollars in a few days to a week. keep your eyes on xrpusd, and btcusd for the price action as that also affects this crypto
See previous analysis
PLEASE SUPPORT THE MOVEMENT WITH YOUR LIKES, COMMENTS AND FOLLOW FOR MORE
Eth and Crypto in the doldrumsHey guys,
Sorry for the lack of updates. Eth and the crypto market in general has just been in the doldrums and there just isn't anything to update you on really. If we zoom out to the weekly chart we can see that the weekly MACD has crossed, and RSI remains moving up, but we are just moving lethargically. Why? The ETH upgrade got delayed. If they upgrade actually goes through in late February, I expect that we will get some movement, but until then, we are going to be moving sideways. This also plays into the 2 year BTC massive bull run cycle which i find ironic that it seems to be working out so well in fitting into that cycle.
Bottom line, expect some more sideways movement before anything happens. We might get a push up if we get some good Bakkt news, but not much is going on right now. bummer.
Happy Hodling and trading,
-Sherem
ETH - Possible DOJI ReversalThis is the same graph that made me want to short the daily close before the recent DOWNFALL!
- Looking back, seems like a potential bounce could be incoming.
- See the past red & green boxes
- Doji has potentially formed on the daily!
Will be watching today for bullish activity...
- Weekly close should be interesting
- Bullish targets labeled above!
- Bottom shorters could lead to short term bounce
Looking for a LTF entry point...
Logical stop would be below the DOJI
Doji info: en.wikipedia.org(candlestick_pattern)#/media/File:Morningstar-wikipedia.jpg
Ethereum creating Wave 5 little bullish !Hello guys this is ETHUSD 4 Hour Chart, currently Ethereum is on support zone & Elliott wave 4 and pullback from here will create wave 5.
After breaking resistances Ethereum retested the resistances as support by creating and following Elliot wave, so a bounce back will complete the wave 5
ETH H4 RSI Bearish Divergence On the 4 Hour Chart of ETHUSD we have 2 bull and 2 bear target.
1st bull target is 270$
2nd bull Target is 298$
1st bear Target is 167$
2nd bear target is between 110$ - 90$
RSI is showing bearish divergence.
Most likely Ethereum will Break the Red Trend support, we should look at the trend support & Resistance 224.44$. 100 MA will also work as resistance on the 4 Hour Chart.
Ethereum corrected 85% from its ATH 1420$Ethereum corrected 85% from its All Time High 1420$. Going under a falling wedge from May/2018. If ETH break this wedge upside only then we can see ETH to go up. Cryptocurrency correct between 70 to 85% from its ATH. Ethereum corrected 85% till now or may go to 90% correction where Ethereum has a support at 130$ ETH will go to 130$ if Bitcoin cross below 5800$. Current immediate resistance of ETH is at 254.26$ and immediate support at 191.46$