ETH is in a zone where it could fall or rise up a lot. This goes on what BTC/USD will also do. We highly recommend waiting to see if it breaks up into the previous zone which would indicate a rest of the year highs again, if not it will breakdown and fall even lower. ETH has been long overdue a retracement but seeing it go from the $360 zone down to $278 in an...
ETH doesnt look very good when you compare it with BTC at this time. ETH hasnt been keeping up so the chart looks dismal. But things will turn around. Looking at the immediate past we had down trends that resulted in a violent push upwards. Looks like ETH is setting up to do that again.
ETH could very well be finding a bottom here - we have tested the OBV low now 3 times, and for the 4th time we have a HL We have created HL 3 consecutive times now while ETH attempts to dump further, with a strong holding within the current liquidity zone RSI continues its HL uptrend as well A strong bullish candle with high bullish volume here up through the...
ETH might be a bit easier one to watch, because here we can see the process of making a rounding bottom has started already. I have chosen the Bitfinex chart because we don't have such a huge wick there. I just can't be sure that it's the right though, but no choice here that to do the most logical thing. First of all, the highlighted orange area shows that it's...
ETH' followed my previous analysis quite well, where that drop 10 days ago was worrying, i talked about a few signs, suggesting it might have been some (weekend) manipulation and NOT' the real intentions of the market. So far support levels have been holding. I said another drop was very likely to happen, usually does after such a big drop, but the big question...
ETH has made a second big rally today while breaking that bull flag and that red resistance. Now Bitcoin' broke the 3600 as well but so far the rally is a bit disappointing, so there is a chance for a bigger correction now. But if ETH' is able to make another bull flag at this level, we could start to see another big move up this week. If we reach the second...
ETH/USD broke down from this bearish pennant / asymmetrical triangle earlier today and looks poised for another 10% + drop. I anticipate ETH will make new yearly lows over the coming days, and as we approach the new year. I'm currently in a leveraged short position on ETH that I'm gradually taking profit on as price continues to drop further and further,...
ETH/USD broke down from this bearish pennant / asymmetrical triangle earlier today and looks poised for another 10% + drop. I anticipate ETH will make new yearly lows over the coming days, and as we approach the new year. I'm currently in a leveraged short position on ETH that I'm gradually taking profit on as price continues to drop further and further,...
ETH has been dropping in value significantly in the past few months. ETH overall trend is bearish with condensing volatility in its pattern. This is a strong sign for a major move...either bullish or bearish. Based on my analysis, I predict a hard drop from the red line, validating the pattern. Your stop loss should be at the green line (or slightly above it)....
ETH had looked like it has been basing out. but there were clues to it drop today. even with BTC having a nice trend last couple weeks ETH just could not catch a bounce showing relative weekness. It never could hold and remount its EMA'S. that 250 mark was a key technical support along with pyschological level that traders were really watching. this break...
ETH has been forming a tightening pattern on the 4 hour for 2 days now, much long than BTC. Recognizing this pattern forming and knowing a higher low would be needed was a partial clue for yesterday that BTC was not going to see much follow through to lower lows. Now the entire sector is getting tight and we can look for potential clue if we see ETH break first,...
ETH is holding up better than BTC and patiently waiting for a real bounce to get going. ETH bulls want to see the 4 hour lower highs break on BTC so ETH can follow along. Looking for a break of this equilibrium later this evening, but note that a break without clear direction from BTC should be taken with a grain of salt. We must see BTC go in the same direction...
ETH has broken a key support level and confirmed the weekly bear flag we have been eyeing for a few weeks. The good news for bulls is we did not see many stops trigger under this level. There was a solid bounce from the low to the tune of 3%, but BTC keeps just forming 4 hour lower highs. With BTC consolidating, and the sector already sharing a bearish...
ETH continues with 4 hour lower highs and lower lows while BTC holds up strong. This is causing ETHBTC to get extremely oversold, and for the daily and 4 hour charts to significantly lose favor for bulls. It is becoming more and more clear BTC has the attention of the market right now and ETH is a prime example. I personally would only be looking to play ETH...
ETH has consolidated much more significantly than BTC, losing 4 hour EMA 12 support. The pattern drawn here is a potential bearish reversal Head and Shoulders to be keeping an eye on today. We will likely need to see BTC break the low of current consolidation to see these supports break and the uptrend lost on the 4 hour. I am personally staying away from ETH...
ETH has more cushion because the last bounce was more significant. This means while BTC is dropping to lower lows, ETH has yet to break the bottom of this dump yet. Momentum still favors the odds to break this level until we see BTC make some kind of move that shows bulls buying the dip. ETH Bulls need to be cautious as we are much close to the must hold daily...
ETH has a couple spikes in bear volume the last couple days that have hindered the bulls a bit. ETH has a bit more work to do to be as close to daily continuation as BTC is. The ETHBTC chart is getting extremely tight with 3 daily inside bars. Watch this chart for the break. Bulls need to see continuation today, and the ETH chart is much more split than BTC...
ETH has multiple hourly inside bars about to break to determine short term direction. The pullback from the high of the bounce is still less than 50% while BTC and LTC are greater than 50% BTC is struggling with EMA 12 while ETH is showing relative strength and is 1 level up to EMA 26. We will still need BTC to change the hourly trend for the ETH bulls to give...