What's going to happen to ETH?Here are my thoughts on ETH for 2018. There is an ongoing linear growth since 2017. The linear growth was left 3 times but then returned back to linear support forming a flag pattern. After the flag we had a huge breakout to a new all time high. So right now we might be in the beginning of another flag-pattern wich ends at the end of 2019 where another huge breakout might happen. Are we going to see the same in 2018? Feel free to comment I would like to discuss this idea and see wether you agree or not. Longby SkillzzzUpdated 2
We are waiting (ETH)Looks like a breakout is likely to happen around mid april/early may. This can go both ways but i have my reasons to be still be bullish despite the current price action. Right now we are moving down in a wedge. This is likely to break to the upside when reaching the lower end, we might hit the closest resistance point and consolidate/slowly move down again. However we should note that the pattern isn't exactly of a symmetrical triangle but rather resembles it a bit, as we have not made contact with the lower end of the uptrend channel more than once, this is making me think that we could be extending the dowtrend a bit more outside the pennant and make contact with the uptrend line and get closing candle at least twice before we get any real confirmation of anything. There is a a general bearish sentiment, and we are still in a downtrend but i think that we can hit a reversal sooner rather than moving down to the beginning of the uptrend e.g moving down to the major support line(s) - blue lines. So now we are waiting... And don't jump to any conclusions to fast, acknowledging that we are still under the bears control and trade with caution, Scalp trading with small position is best here before going in for a big long. by ethhunterUpdated 337
ETH will go down once moreIn the last days we had ETHEREUM touch the linear support formed by 2017 developement. Though I was hoping we might be through with the bears ETH didn't get the momentum yet it needs to reverse the trend. What we see now is another head and shoulders pattern wich takes some time but then I think we're going to see another drop. Don't be fooled and invest now. Wait for the next dip wich will bring us again good below 400 maybe even to 360 again wich then would form a double bottom as a clear sign for reversal of the trend. What do you think? -- All trades on your own risk.by Skillzzz4
Dangerous Right shoulder of ETHEUR1. Classical Head and shoulder pattern best visualized in weekly 2.Bearish Rsi divergence continues 3.Possible reversal and a Bearish cypher Formation 4.Reversal of right shoulder can occur on completion of the cypher at weekly resistance level/PRZ , or more likely at reciprocal AB=CD level which is also a weekly resistance on the traditional pivot system 5.Expected downside from the head and shoulder is the weekly Support .. Note.. this is not a time bound analysis.. Disclaimer.. not for trading/investing advice..by capsule91Updated 4
ETHEUR iH+S Would it be possible that we're looking at the inverted H+S on the hourly ETHEUR chart? And it should be right about now to prove itself...Longby jurepetrovic1
Crystall Ball Mode (ETH)Either breakout fails, and we don't reach the potential of the flag and we will correct further. If we rally up to the full potential, and drop, we could be printing a inverse H&S that will continue the rally. I keep my stop loss is at the bottom of the flag.by ethhunterUpdated 558
Flagging for a breakout, or fakeout? (ETH)Looks like we could reach around 505€ with this flag, however I would still be cautious. If we can break above 460€ key resistance (top of the flag) i see the rally up to 505€ materializing. Good luckby ethhunterUpdated 6
Ethereum short term 550-600 EUR area... long term two options!Hello traders! Here is my view on ETHEUR.. Definitely Ethereum is bullish short term and is reaching 550-600 EUR area very soon in the future. At that point we must do another analysis of market in general, keep eye on news about coin and look for some good patterns on the chart. Crucial point will be dynamic S&R area of EMAs. If Ethereum dont break this dynamic S&R area then we could see another bearish move.In other hand break to the upside would be clear indicator that bullish trend is activated and with minor corrections we could see Ethereum reaching 800 EUR resistance level! If you like my view on Ethereum please press like button and dont forget to follow me for more analyzes! Greetings, Crypto Jungle by Crypto_Jungle2
ETH: Double bottom/falling wedge ?I'm not very trusting of the markets at all currently, and I feel few people are. Nevertheless, ETH is showing bullish divergence (red arrows), and currently in a falling wedge that converges at the rising trend-line that used to carry ETH before the late 2017 madness. Additionally, this might be a double bottom formation. This could prove to be a the solid ground underneath ETH's feet that will bring some stability to this coin again. Only time will tell of course, but I'm going to throw this idea out there just to see how this pans out.by stuffUpdated 1
Daily H+S on ETHEURLongterm H+S forming on ETHEUR. I wonder where will this bring us? Is it legit? Shortby jurepetrovic0
Small symmetric triangle forming on ETHEUR He - let's see where it breaks out. Long or short. by jurepetrovic1
Dropping the history BOMB (ETH)Hello everyone ! Today we are going back in history, we are going to see if some crazy fib theory turns out to be true and we are all gonna be very rich soon , lambo , them champagnes and a good retirment. Or, end up losing all our shit in the hopes of the next boom cycle. Whatever you do, be careful and never invest more than you afford to lose. Now, let's dive in ! - History in the making - We have now reached the pivot turning point for ETH, at least according the history lessons we are gonna look at today. But remember, history IS not something that will repeat, but my gut feeling says that it might happen. So, this isn't exactly rocket science, i have mapped out the previous tops and retrancements with the fib retracement tool, and we can see that a pattern is emerging. Either we will make rebound now, from the 0.236 line. There is a chance that we might go to the lower end as well, the green dashed line below. A close slightly deeper in the red zone could indicate decline to the green dashed line. As long as we keep progressing, close to the thin dashed lines we could expand up more, to the black line above - 0.382. Good luck, If you like my post, or this post in particular, please like and follow :) Longby ethhunterUpdated 7710
EHT/EUR crashing worst then the other alt coinsWe are breaching the 200 MA of the daily chart without any signs of slowing down. This has a decent probability to go to 200 euros.Shortby BGMind_Control0
ETHEUR Possible HS TopShort term chart possible HS pattern emerging. On successfull breakout target would be around 460Shortby jurepetrovic0
ETH LongDisclaimer- This is how I see the market and how I trade. I do not give out any trading advice. You are the only responsible person for your trading. After a false breakout of a SHS pattern the Triangle breakout came true (SHS not drawn). We also have a completed bullish Bat pattern, and are now at a support structure. Another Bearish Bat pattern in the making. RSI confirm the turning point with a divergence. This is 3 confirmation for a bullish strategy. A personally note- I think we see the harmonic pattern are right on the spot on almost every crypto pair, because we don't really have anything else for historic data. So when we see it, we all agree on it, and that is self emphasizing, thus it's also marked psychology. But be careful, there is also many manipulations in the market. by KasperElsborgUpdated 0
ETH possible symetrical triangleShort term symmetrical triangle might be forming on ETHby jurepetrovic2
ETH Large & HS = Fake??Hello everyone! I guess most of you have seen this pattern, the very large Head and Shoulders (continuation/bearish) pattern. It's a beast that has a target of below 100€. However, I'm almost certain that it won't break down to those levels (but who knows) my bet is however that it won't. My idea right now is now to keep my eyes on a few price levels for confirmation(s) and give me a hint on how far this can go. I mentioned around 500 earlier, this was a very conservative target in hindsight even though we have not moved very much since. For those who have seen my chart "Direction without Decision" there are two "X" at support levels, my idea was that every X that got violated would produce a test of the next support below. This is looking like a continuation of that happening right now. So, next support is at 500, and I believe that it's going to get tested soon. A failure to maintain a price above 500 would open the door to complete, and see if there is any validity to the very large H&S in play. The neckline for the pattern is at around 460, if the price reaches there, the next lookout would be 425-405. If the pattern shows validity we would see a volume spike that would pierce that important price range. At this point, we don't really have much to go on except that the long term support has been very solid around 240-300 range. So, keep your eyes peeled at 425-460 as those are key levels that will decide our direction in the coming months. by ethhunterUpdated 7
Follow The patterns or the channel? (ETH)Looks like a breakout is imminent. However both directions have good arguments, what do u guys think? Would like to hear your opinions. by ethhunterUpdated 667
A major breakdown incoming (ETH)Recent development in ETH and BTC price is displaying significant weakness, at the moment it looks like it's poised to test the lower end of the major support, which could trigger a major selloff. BewareShortby ethhunter552
Roof/Bottom - Consolidation ahead? (ETH)Hello everyone ! As i said, when my targets were met i would go back and look at the chart again to reevaluate the situation. Anyone who took a long position right inside my zone should still be careful as we still have a possibility of more decline ahead of us, so manage your risks. Let's tackle my previous post and try to make a more in depth read on the current price action and talk about my last suggestion for a long entry. Looking at my previous chart we saw the following. A) We made the jump as i predicted from the "breakout zone, and it got rejected down as expected and pierced the support it previously bounced off. B) We got a smaller bounce off the second support right below it. C) However, it did not get far and almost instantly got rejected down to my long entry zone. This was exactly how i expected and predicted it to play out, the problem for me was the pace and the volume behind it. As you can see in this chart, the steepest drop we got was the one touching the purple trendline, which extends far back which was the bottom of my entry zone in my last post. But I must say that I'm not entierly sure that it's going to hold, however we could definitly see a surge to the yellow dashed roof before further decline, but resistance has been building up there while we were fighting to maintain what we have so the chances are getting slimmer as we are riding on bearish waves down now. Based of long term trendlines, and fibonacci retracements/resistances i have found a hotspot which is very appealing and carries less and is more precise. 500€ is the place , however, the effect of reaching that exact price, could also accelerate selling further, but who knows the exact bottom anyway? Chances are that your order at a exact of 500 won't get filled though. But lets see exciting times ahead! My call on the bottom: Absurdly low: 465-480 (Close to double bottom before we got the large bounce which we're falling off of now). Realistic 495-515 Or - Did we hit the bottom? :) Longby ethhunterUpdated 10108