Looking at ETH/USD on the 1 hour charts, we see a strong resistance line drawn above which price has bounced off multiple times. This was setting up a bullish triangle, that was broken (shown by dotted green trend line). The current short term trend is bearish now. We must redraw our trendlines. We start off with a bearish channel that has been broken, shown...
What ever happened to a pictures worth a thousand words? Eth has broken loose from UAHF FUD. The previous breakout was nothing in comparison to what is to come. Zoom out, look at the cup and hand whose left lip rests on ETH ATH on 6/11. Buy and hold. Or head over to your local bitmex and bet all those btc youve been bag holding all of this time. They are worth so...
Ethereum looking to continue its bearish trend. Forming new bearish triangle with support at 182. Overall RSI peaks trending downwards. ETH has maintained steady decrease in blue channel since breakout pattern emerged. Bearish divergence appears appears in RSI and still dropping. MACD also gaining strength in bearish direction. If trends continue, we should...
Just used support and resistance. I dont really know what I'm doing yet. But I think it will go down tomorrow
Due to boom on mining rigs last time, and new ICO today a lot of unexperienced traders can easily panic due to high drops of Ethereum. I think one small spark can ignite panic sell of Ethereum and later quick raid to around 300USD
I think this seems like a very nice trip to Etheria and make our own Litetheria. As you can see the prices are kind off the same, going up. The crypto market got alot of new users, lite coin is not the hardest to get on a wallet on a phone or anything. I think this can be a ETH scenario. Litecoin has much less Circ. Supply also i think LTC is very underpriced. I...
After being hit by a $100 fee in a bitcoin transaction I have been looking for an alternative base coin. Ethereum is an obvious choice for many. So I'll be spreading my coin wealth amongst the ether blockchain and looking at other alternatives such as LTC. The reason I am choosing ETC over ETH is because the structure here is showing me ETC is going to gain...
My previous two plots on ETHUSD were very accurate, please check: In my perception ETHUSD is overbought alike BTCUSD. Price has to go down for both of these cryptocurrencies. Please have a look at the oscillator they still have some space to go down.
My last plot was published ~9H ago, prediction was very accurate as I managed to correctly analyse ETHUSD before it moved down. I didn't expect BTCUSD to move down so much. I looks like ETHUSD and BTCUSD are moving in very similar way. In this case I have to upload my plot and match it with BTC. In my perception we are going to see downward move. Price have...
First time trading on ETH, let's have a look what's going to happen.
ETH's recent run to all time high, it's subsequent correction, and today's recovery trend all seem to fit both a classic Elliot Wave pattern, and a bullish Gartely Pattern, and the outbreak today seems to support this picture. ETH price seems to run obediently in triangular uptrend from the Gartley's "D" , with a good shot into the 48'ish dollar mark, possibly so...
Target @21.42 Upcoming Banking-Crisis could push all Crypto-Currencies up.
This is one of my first Elliott Wave counts, critique is welcome.