This is why im bullish on eth on h4: - We had complete buy signal on Ichimoku: i'm waiting h4 close to have confirmation - Mfi had bullish divergence - Squeeze momentum had bullish divergence and now showing bullish momentum.
That fact that ETH had a sharp growth on this week wheres BTC bitcoin price remained mostly flat, points out that now ETH have good potential for future growth which should be greater then growth of BTC.
Will eth pull bitcoin up or will bitcoin drag ether down? For eth looks good for continuation !
As per trend and technical analysis of ETH chart, it is clearly visible that ethereum has completed its cycle to retrench its price. I can see by Dec 2019, ETH value can reach 300 USD.
For the first time (it feels almost since forever) the Alts managed to 1) Not fall as much, and 2) bounce much stronger than BTC. In the case of Ethereum, this showed itself on the Daily chart in the direct correlation in ETH/BTC, where we had previously broken out of a Bear Flag: In ETH/USD, we now have a clear Double Bottom, where the Pullback...
Currently Eth is at support, but very weak... If this not bounce next couple of hours, say bye to ETH
Who remembers a time when ETH was this low in satoshi's... It has been a while. It seems too good to be true and you would be a fool not to throw money at ETH when the Bitcoin Dominance gradually comes down... Set an alert and see if it trends above the EMA34...
For ETH 2 scenarios are possible. We are drawing a bullish wedge right now, on the other hand, we couldn't hold the main uptrend dynamic and bearish scenario might be outplayed. Right now everything will depend on BTC if BTC will go to 9000-8500 then bearish scenario will outplay. Best way to trade it is to keep short stop losses. Zones of interest and targets are...
Ethereum looks very appealing here above 166 support with falling wedge coing to an end. But it's price fully depends on BTC, so if the King fall lower, we may expect ETH to drop towards next support at 155-160. If BTC will move up towards ~9700, ETH will also bounce towards 179-183-187. Keep in mind it is day chart, so both directions will take 2-3 days.
Como podria manipularte para que me vendas tus ETH? Creo solo quedaria primero romper los ultimos minimos, ahi, muchos venderan, pero si baja mas que ese soporte, ahi, es cuando muchos mas saldran de su posicion, Solo asi te quitaria tus ETH, o vendemelos ya, tu decides. Quiza seria una probsbilidad de que ese pensamiento exista en...
Risky move but the bearish outlook on ETH looks pretty nasty and with the heavy resistance ahead of it, it could get interesting, it will be a big effort and market change for ETH to be over $200 anytime soon.
On the daily chart, we can see a divergence from both the RSI and the ROC over the last month. See Low1 and Low2 on chart. While the ETH price has still been going down, we can see a divergence in both oscillators (Low2 > Low1 for both RSI and ROC) which tend to show that the downward trend is loosing its strength. If the ETH price break the upper trend line...
ETH reached yesterday's target when I updated from 190 to 206, the price was at 203, will approach quickly 206 area in the next few hours, I believe an adjustment will be in area 206, but then target me Aiming at $ 230 for ETH. ETH continue hold 200 target : 230
entry : 208.94 stop loss : 223.27 target : 160.37 R-R : 3.39 It looks clear to me. +)I am considering accumulating eth for long-term holding about 150~158 usdt area. going to post macro view of eth next week with technical analysis and some data analysis.
Ethereum deserves it ETH 2.0 will be the main driving force for this run. After BTC gets its pump, eth will soon come afterwards.
With ETH/USD running close with BTC/USD. It is important to note that if BTC is having a tough day, you do not want to go long on ETH. Yesterday we posted about ETH showing signs of weakness. Now looking very weak compared to it's previous price at the 233 regions.
Looking likely (if BTC) retraces from the region it is in, ETH will follow it. ETH could target some nice percentages within the next couple of weeks if BTC remains bullish. A reminder this is USD ETH...
IMO we could see ETH dip into the 185-175 region before we head back up Marc