As mentioned, ETH forming bullish triangle on 1H T1: 887 T2: 915 goodluck
can ETH separate from BTC influance and start gaining value even with BTC falling? RSI and MACD are completely neutral, selling pressure that happen few hours ago was quickly suppressed and we are back inside consolidation zone that is running out.
I THINK ETH CAN GO UP WITH RATE HIGH PENDING ORDER : 640-660 SELL : 740 - 810 - 905 STOP LOSS : 530 GOOD LUCK
The price has been channeling from the 760 to the 813 region thereabouts. Appears we have a triple bottom or more. RSI is pegging low for an upturn. This is all on a 1hr chart so it may only go to resistance again and fall back down to support... or deeper. On a 1day chart if ETH goes lower the next support could be around 735 or 685. No buy signal yet. Wait to...
After the bull break of the hourly equilibrium pattern highlighted in the youtube video, the bulls have seen healthy consolidation all night. Strongest of the big 3 and close to all time highs, the bulls have complete control of the chart at this point. If we break the top most support we will negate the bull flag possibility, but the bulls can still keep the...
Based on the Ascending triangle and the resistance line for ETH I think we will see some more movement to around 791ish
Just a few things to note in this chart. First, this is a logarithmic chart. Use not other kind of chart if you want to make any sense at all from cryptocurrency charts. Coming off of the sharp pull back to just under 400, we see a green rising channel that was interrupted with what NOW appears to be a bull flag (blue short descending channel). that Bull flag...
as btc faces resistance eth is breaking short term resistance looking for a break of $710 and around $730-740 range to see another ATH
Last night clear equilibrium broke bearish with LTC as BTC broke out for the bulls. Clear lower high and lower low pattern that will break with a bullish MACD cross and a break of the lower highs. I will only be playing ETH on flushes to oversold levels, or a break of the lower high pattern. We are still in consolidation mode, which means we are trading less,...
Ethereum has blasted through various psychological and technical levels to solidify its grasp on the $700 handle. It seems to be gaining steam at this point, which clearly constitutes wave 3, the longest and strongest of a 5-3 Elliott Impulse Wave. It is difficult to determine when ETH will find resistance, as it has smashed all profit targets besides Fibonacci...
As all 3 names dumped last night to oversold 5 min conditions, the bounces all started the same. From there ETH formed a clear higher low and higher high to put the bulls far ahead of LTC and BTC bounces. We are within striking distance of all time highs and this consolidation under $700 is potentially forming a cup and handle pattern. Watching to see if the US...
ETH/USD expected to reach $800 in roughly 10 days, between 12/17/17 and 12/28/17.
Everything base on TA, ETH in consolidation for the break up to the 600 area before the end of the year. You can buy a portion now and the rest on the break up. MACD on weekly and daily chart shows good momentum. Good luck.
Looks to me like the last couple of days of decline in the ETH/USD chart is charged with some emotional selling. That likely means we are near a short term bottom since it is typically the emotional crowd that buys high and sells low. The chart still has the large consolidation pattern that we are STILL over. In fact, we could trade down another 8-10% and STILL...
Target: $638 Stop-Loss: $420 ETH reached a new ATH and is making its way up to the 1.618 Fib line. It is currently in a bullish flag, with RSI Bullish. Volume is also remaining high, indicating the trend is strong and the move will continue. We can project the move based on the fib lines and projection of the bullish flag, which line up almost perfectly. Good Luck.
Picked up some Ether on the tiny TK cross. It still needs to work its way above the cloud. I took the trade with anticipation of it breaking above the cloud. I highlighted all the indicators showing strength. Price action looks like it is moving in favor as well. BTC and BTC futures are moving in favor also. Let's see what ETH has!
After a prolonged downtrend with clear hourly lower highs, the bulls established support and broke the downtrend resistance and the lower highs at the same time. Even the patient trader waiting for the break could see a $20 move on the breakout. This is coming as BTC consolidates and funds move around looking for more profit. ETH will now have to consolidate and...