ETHUSD Ethereum SHORT BUT LONG CHANCE COMING INETHUSD Ethereum is today in a little fine
upmove and have made higher lows and higher highs.
So if it comes above 162.46 (my Blue Arrow Line) i think there is a chance of a long
and the could last to the upper Blue Line at 166.00 minimum.
Not a big move but maybe a chance to get 3% up
Watch out what happens.
Good trades
If you want to support my work please like them...
and if you want to know more about my trading style
please send my a boardmail.
Renkotrade
Ethusdshort
ETH (Ethereum) followed the general market trendThe ether started trading on Monday, October 21 by moving up to $178 during intraday. Buyers, however, could not hold to their gains and dropped back down to $174 without being able to escape from the downtrend channel.
On Tuesday, October 22, it lost another 1.7 percent and fell even lower to $171.
We found the ETH/USD pair breaking both $170 and $165 supports on Wednesday, October 23 as the Facebook Libra hearings heavily impacted the whole cryptocurrency market. The ETH coin lost 5.2 percent and closed the day at $162. Bears were even able to push price down to $153 at some point during the session.
The last time ETH was trading this low was in April 2019. The $152-150 zone looks like solid support and was already defended twice in September
ETHUSD Ethereum SHORT have increased SpeedHello to all watching my charts.
ETHUSD now here my follow up : We have been in Short Mode
since yesterday (please check my post of yesterday)
Resistance 174.30 had been broken.
Than lower Resistance 172.70 have been broken also
and after that all bridges are broken and short
has been running in a fast mode .
My channel systems are all fallin down so we have been still
in a very strong short mode.
NO sign for a buy signal. LONG Aeara for now I have shown you in the chart.
More analyzes of Crypto , currenzys are in work and will be post today.
Good trades
Renkotrade
ETHEREUM Downtrend ?ETHEREUM price action (PA) closed bellow EMA 21,50,100, 200 periods, Downtrend. Closed bellow white support trend line.
Rejection at EMA100 (178.25$). Potential bearish continuation. Retest support at 168$.
Volume: decreased.
Indicators: MACD bearish crossover in neutral zone. RSI bellow 50 points. Bearish sign.
S/R: Major Support 152.5$ Support 168$, Resistance 178.5$, Major Resistance 185.5$.
Disclaimer: THIS IS NOT FINANCIAL ADVICE. All the information shared here is for learning and entertainment purposes only.
ETHUSD LONG But Pay Attention 1 HR ChartHello to all watching my charts.
Back here we have a closer look to ETHUSD today
Pay Attention.
My shorttime channel (green) has just broken down a few minutes ago
and ETHUSD is fallin back in the midtime channel (blue) which is stilll long
but thats not a good sign.
So watch out whats coming next.
ETH should not going lower than my 2 blue array line at 172.00
If it is i am afraid the long setup for now is gone,
Good trades
Renkotrade
ETHUSD looking bullish foreseeable future CONTRARY to the permabull belief that cryptowinter has long ended & spring is in bloom the pragmatic; objective reality of current market conditions is that we haven't quite broken through to that bullish/parabolic stage that many already assume we have.
Now this is not a statement to be misconstrued as a "we're still bearish" pessimistic outlook for current priceaction -- though many still are cautiously declaring such a sentiment.
So using BB, KC, Fibo, RSI, current/future volume & SMA+MACD+EMA THOUGH NOT EMA i've projected under current market conditions, subject to change; based on trajectory & trendline breakouts we've seen thus far & my own personal judgement/TA I would say that we are looking at steady, organic growth for $ETHUSD -- which bear in mind IS A GOOD THING
If the price were to suddenly rocket to $1000; that should be cause for concern.
This organic growth signals that ETHUSD priceaction is more on its practical use & is more in line with its valuation...though I have been saying for quite some time that I believe ETHEREUM has been undersold ; and those of us who remember when BTCUSD was at or near its ATH of 22.8K; ETHUSD was at a stagerring $1300 est. so when you parallell BTC & ETH pricse you'll notice the discrepancy.
def U && BTC
i+1=0
u == undersold
BTC==btcusd && ETH==ethusd
def o
o = oversold
y == BTCUSD price
D=1300/2300
If i <= D
then ETH = u
ifels then BTC = o && ETH = u
print y && print o
if i >= D || i == D
print "ETH"
puts u }}
}
run.exe
=)
_________________________________________________________________
TP1: $176.92(short)
TP2: $178.77(short)
TP3: $180.70(mid)
TP4: $183.00 (LONG)
TP5: $186.96 (LONGER)
STOP @ $172.83
_________________________________________________________________
DISCLAIMER
Have a wonderful weekend everyone.
Please don't invest more than you can afford to lose; most certainly DO NOT MAKE YOUR ENTIRE INVESTMENT PORTFOLIO DECISIONS BASED ON THE OPINIONS OF ONE TRADER; REGARDLESS OF HOW GOOD YOU THINK HE OR SHE IS that is perhaps the stupidest thing you can do. The whole premise of cryptocurrencies, blockchain & bitcoin is that we are an autonomous community and with that -- we have complete & utter control of our own finances/financial decisions/and to put it simply: whenever you open a wallet you are signing up with a bank...the name of the bank is the name of the company/platform/industry that controls your private key so this is important to note-- as many people are not cognizant of the fact that just because you bought $BTC on say cashapp for example ; that DOES NOT MEAN YOU OWN IT!
Infact there's a little fine print bullshit disclaimer in their platform telling you that! SO relative to that example: you'd be registering with the bank of dorsey ....IDK about ya'll but I'm banking at the the bank of me and you should too!
If you're wondering how to be your own bank -- get a cold storage hard wallet directly from the manufacturer (don't go buying ledger nanos on ebay) and as long as you control the private key and no one else does you are in complete control of your assets.
def
BoM = Bank of Me && M == asset || C = crypto
arr.world ==
if userX owns privatekey.C && user =/= privatekey.C
then userX == BoM Member
ifels userX == a damn fool}}
}
run.exe
CODE is probably wrong but i was bored & am in a "Tech" mood today; and will put the "Fin" part aside for now :D
ALSO (seeing as how I didn't get enough love for that last MCO publication) I think it's only fitting I use this opportunity to take another victory lap.
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toldayso
toldayso
toldayso
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=D
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Peace & Love <3
*********************
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SAFE TRADING ALL!
-----------------------------------------------------------------------
Twitter / Linkdeln / TradingView / StockTwits
-@a1mTarabichi
----------------------------------------------------
Steemit
-@crypt0w1zmt
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TGIF!
ETHEREUM BEARISH CONTINUATION ?ETHEREUM price action (PA) closed bellow white support trend line. Closed bellow EMA 21,50,100,200 strong Downtrend. Potential Retest resistance red line before more down. around 178.5$. After bulltrap at 197.95$ ETH average go down with one small rebound up to 188.70$.
Continue bearish price action. Find temporary support at 168$. Main support for ETH was at double bottom at 152.5$.
Volume: confirm bearish price action.
Indicators: MACD bullish crossover bellow zero line. RSI bellow 50 points. Bearish sign with small rebound expected.
Patterns: ABC correction, Double bottom at 152.5$.
S/R: Support at 168$, major support 152.5$, Resistance 178.5$, Major Resistance 185.5$.
Disclaimer: THIS IS NOT FINANCIAL ADVICE. All the information shared here is for learning and entertainment purposes only.
ETHUSD Down Towards 168 For NowHello Traders,
The break of the smaller trend line confirmed to me that we are looking at an ABC corrective pattern as of now.
Expect the move to keep falling towards 168 at the least to complete the 123 structure before anything else.
Thumbs up & follow for more!
Good luck
DBL bottom on ETHUSD signals retraceFollowing double bottom pattern formation the price is generally believed to rise at least to its target level, calculated as follows:
T = R + H,
Where:
T = TP (target level);
R – resistance level (recent local high);
H — higher high (fluctuates based on basic indicators)
S – stop-limit (distance between current price and prior resistance levels).
T = $187.70
S = $176.58
R = $184.86
H = Blue horizontal
Disclaimer
NOT financial advise. Just magic from your local sorcery. Trade responsibly!
-@a1mTarabichi
ETHUSD bounced from support, potential for a further rise!
ETHUSD bounced off 183.90 where it could potentially rise further to 197.42.
*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.
ETHUSD bounced from support, potential for a further rise!
ETHUSD bounced off 179.40 where it could potentially rise further to 189.74
*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.
Ethereum price overview (waves) 02.10.2019Hello, friends!
At the request of our investors, we are launching the rubric "Ethereum price overview (waves)".
As part of the current situation, our fund expects a rally of bulls for Ethereum.
We recommend to consider buying in the range of 150-120. Stop Loss - 100.
The target level to get profit - 700.
ETHUSD bounced from support, potential for a further rise!
ETHUSD bounced off 148.31 where it could potentially rise further to 205.27.
*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.
Ethereum | Can price be driven 50% down: $105?Looks like ETHUSD is not doing well, ~5% down this week only... If ETH continues to be driven down with big red candles, then we might see a big drop soon: $105.
While the weakness remains, it may drag it to: $100 - $85. I won't be surprised to be honest.