Bitcoin goes down, Ethereum goes down faster $200 is my next $ target for ETH if the market keeps going down Major Support was broken at around $280 Next Major Support is around $200 Best case scenario is that I am buying back the dips since ETH has been known to jump crazy % Worst case scenario is that I sell my ETH and it goes back up (already sold almost all...
Hello guys, analyzing the biggest cryptos I would like to point attention out on ETHUSD because, in my opinion, price is close to an important supportive level. This level is a static supportive area around at 250 USD and once it is broken down I think ETH could drop towards 200 USD with first target to 220 USD. ETH during the last rebound is resulted as one of...
The drop on Ethereum has been absolutely brutal! Hope everyone has been making some nice gains playing the oversold bounces and shorting the hell out of ETH! But Bears beware, overall, I am seeing a possible short term trend reversal for ETHUSD coming up over the next few days. There is bullish divergence forming on the daily, and it is nearing strong historical...
For next two or 4 days we can know if we can break the resistance from 6 May ( purple line) Now we have two way go to support 280 $ or go to test 312 $. I f we can break 312 $ next step 331 and pullback to 310 Following me for next update
Cardano has a couple bullish signals; Bullish divergence (Lower low in price, higher high in momentum indicator) MACD cross Falling wedge breakout
Ethereum has extended the consolidation within the 1D Channel Down (ADX = 18.498, CCI = 34.6330, Highs/Lows = 0.0000) and is now approaching the Lower High limitation (blue curve). 1W is still a Falling Wedge (RSI = 36.391, Highs/Lows = -98.9500) and our shorting approach remains intact. 297.50 is a key point to hold at the moment and if it breaks it will face the...
Wave 2 reached .786 fib level, we saw a bounce at this level. There is a pretty high possibility that this was wave 1,2 . An impulsive wave 3 has to come to confirm this.
Ethereum is extending the consolidation phase on 4H (MACD = 0.000) still within the 1D Channel Down (RSI = 37.776, MACD = -30.520, B/BP = -11.8760). The 1D neutral CCI = 13.4232, Highs/Lows = 0.0000 and Ultimate Oscillator = 50.016 indicate that it is near pricing a Lower High. As seen on the chart, the blue curve will serve as the confining instrument. Our short...
ETHUSD is forming some bearish figure(a flag/pennant). Most of Moving Averages have the sell position.
Ethereum has entered a consolidation phase (STOCH = 45.211, ADX = 56.322) within the 1D Channel Down (RSI = 33.307, MACD = -37.830, Highs/Lows = -4.2745, B/BP = -38.2860) after the aggressive drop since the start of the month. As seen on the chart, the deviating Lower Low trendline (blue dots) has provided ETHUSD with the necessary support to give a relief...
Welcome! I've been learning/praciting technical analysis for awhile now and have recently learned a lot about price action. I plan to publish my thoughts at least once a week. My goal is to practice, improve, learn and hopefully share some knowledge with the community. Please feel free to challenge and question me (respectfully). This is also not financial advice...
TP = 357.60 (April 01,2018 low) hit as the price broke lower aggressively from its latest "extended" Lower High rejection. ETHUSD follows a very rigid 1D Channel Down (MACD = -42.590, Highs/Lows = 047.9881, B/BP = -101.4846) but being oversold on RSI = 22.822, STOCHRSI = 22.159 and ADX = 83.950, it is possible to make a relief rebound towards 357.60 to form...
We are searching for a good short entry for ETH. We believe that there is another impulse down to at least 200 and we have 2 selling zones marked on the chart. If the pivot from 277 doesn't hold we will have a good buying opportunity at 269 (0.65). If one of these pivots holds we will sell/tp between 330-340 and 365-370. So our main trade is the SHORT but if ETH...
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ETHUSD has slowed down the pace of the downtrend following the latest aggressive Lower High rejection at 487.00 on 1D. 4H is already on neutral Highs/Lows = 0.0000 and bullish STOCHRSI = 73.644, which should be enough to keep Ethereum ranged at 395- 413. If the 420.30 Resistance is tested and rejected, it will be the first time to test this levels as a Resistance...
Ethereum has been emphatically rejected on the 487.07 Resistance and Lower High on the 1D Channel Down (RSI = 37.678, MACD = -7.540, Highs/Lows = -28.1924, B/BP = -60.1580) since our last report. Having already broken the 420.81 support, 4H is now targeting 404.36 where I expect a consolidation in order to harmonize the oversold RSI = 22.785, STOCHRSI = 14.975,...
two trends closing in ... btc looks in the mood ... market sentiment positive ... eth moves, then alts move ... mmm sounds nice ...