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ETH - update ideas “Ethereum needs only 10 dollars to reach 285 dollars and justify our forecast made a few days ago. Even a record transaction volume of 1 million per day can prevent the lead altcoin from falling below $ 300. On the 4-hour chart, Ethereum monitors BTC price movements, showing a decline since June 26. However, one should not expect a drop to $ 250, since the RSI model is moving into the oversold zone. MACD is declining, indicating an early decline to 270 dollars.
BITFINEX:ETHUSD
by IgorPorokh
1
USDCHF SHORT PROJECTION (UPDATE) IF YOU LOOK AT USDCHF YOU CAN SEE THAT THE MOMENTUM HAS BEEN ON THE SELLER SIDE AND THIS PAIR HAS BEEN ON THE MOVE TO THE DOWNSIDE. I HAD MADE A POST LAST WEEK SHOWING THE SIGNIFICANT STRUCTURE LEVELS I THINK THIS PAIR COULD POTENTIALLY VISIT. IT HAS ALREADY HIT 2 OF THOSE LEVELS AND BASED ON MOMENTUM IS LOOKING LIKE IT STILL HAS A WAYS TO GO. KEEP AN EYE ON THIS PAIR AND HOPEFULLY YOU'RE CATCHING OPPORTUNITIES FOR SHORTS ON THE WAY DOWN AS LONG AS MOMENTUM PERMITS YOU TO DO SO. KEEP AN EYE OUT! CHEERS!
Short
by JosePips
Oil Sell Idea UpdateThe idea we've been following in Oil is now starting to become relevant. The price reached the top of the H4 chart range. There is still room for another push higher though. We can split the potential scenarios into 3. Scenario #1 - Another push higher then reversal from the zone marked. Scenario #2 - Immediate continuation lower, bouncing from the 100% extension and the beginning of the top zone of the range. Scenario #3 - Of course would be the invalidation. This is where the price breaks above the top of the range and creates momentum.
TVC:USOILShort
by VladimirRibakov
ETH/USD Where is it going to?Hello Friends, I will update this chart with expected targets if there is enough interest from the community. If the community wants more details, please show your interest by hitting the like icon . Looking at the daily chart we can see a rising wedge after a long down trend since the peek of the market. Has ETH hit bottom or is another bottom still in the cards? All I can say at this point is the RSI has turned downward along with the MACD in tow. The RSI is showing a divergence yet there is a fractal signal giving indication to stick it out for now. The bollinger bands have turned inwards for a possible squeeze, forcing out whatever juice that remains of this trading pair. Despite the SMA golden cross and its SMA 100 predecessor, we haven't seen much action. The 50 is looking temporarily as support but the pattern will dictate the outcome as will sentiment in the market. Looking at the weekly chart the RSI is neutral yet curling towards the bottom but the MACD is showing mixed signals and continues to climb. Volume has significantly decreased since November yet we are watching a decline in price. So which way is it going? I have an answer but that will require an interest in the community. Cheers!
COINBASE:ETHUSD
by keifer
EUR/USD-->Update My Previous Chart Hello to all of you, Because of the fluctuation on the markets, I thought that it will be useful to do another analysis for updating the latest on Eur/Usd . After the good news and the decrease of bearish pressure, as we pass the resistance and stable at the first yellow line, we can search for the best entry like I said in the previous analysis. Furthermore, I have drawn for you the demand and supply zones, specifically the demand zone is the area that Big Buyers are taking control of the market, in contrast the supply zone is the level that the Sellers short big amounts. Therefore, I expect the price to touch the second or the third yellow resistance horizontal lines and after that to decline with target the supply zone. But remember, we have to see a confirmation signal from the price action in order to start putting entries and stop losses to this trading plan. But the bias remain Short. You can join if you like in my free telegram group, I am trading almost 2.5 years, you are more than welcome. Thank You,
by UnknownUnicorn3549910