ETH has been very tight for the last 5 days staying within the highlighted range as the volume continues to drop off as well. We are looking for a clear break and volume spike either today or tomorrow to see a break of this range. The bears still have full control on the daily, and will have to get over EMA resistance to see any kind of follow through on a bull...
ETH last night was at some of the most extreme oversold conditions we have seen in 14+ months. Hourly RSI single digits, 4 hour RSI 12, Daily RSI 17. We clearly have an influx of supply as ICO projects are dumping and adding to the panic. The bears have complete control but I personally would not dare enter a short down at these levels. There will be a sweet...
#ETH Ethereum at current levels looks very good for long-term purchases, but in the short term, before building a new wave of growth, the market can survive lower (we have already seen such behavior of prices among crypto-currency assets). The possibility of plum before the beginning of growth is due to manipulative influences from the major players, no one will...
ETH Bear Flag on 4H & Daily Hey guys, after that nice follow through of the Head & Shoulders on the Hourly & 4H, ETH managed to make new 4H Higher Lows at 440. But still: On the Daily we're now getting a clear bear-flaggy picture after the huge fall from $800. If we do not manage to break the area of $500 with conviction, there is not much hope for the bulls. I...
ETH has won 8.84% in the last 24-H due to the big rallie behind the bitcoin yesterday, the price of ETH is currently at $ 447.5 being held by the EMA-50 on this 4-hour chart and is also stopped by the Pivot R1. The pair still inside the bearish channel and it is possible to see a retracement due to the indicators pointing down and the overbought levels that can...
ETH leading the way to the downside already hitting lower lows. This is some of the most bearish comparative action we have seen from ETH in months. Until we break daily lower highs the bears have absolute complete control and a date with $400 psychological resistance. From there support is $360, the must hold level on the weekly chart if the bulls want to form...
ETH is looking prime for a short entry soon. With ETC being listed on Coinbase, EOS and others...all popping up as competition and every corporation making their own block chains... ETH may be in for some market shrinkage. Plus BTC moving lower ... Lowest green box may seem radical ... but maybe?
ETH seems to have made a bearish wedge, volume is slightly dropping during this rally and bulls are getting more resistance around the 570/590. Just like Bitcoin, looks like it will make a drop first before going up again. Don't think the low will be tested though but probably bulls will catch it around the 530 Previous analysis
ETH currently forming a 4 hour inside bar, trying to keep EMA support. We have a more clear higher low on the 4 hour than BTC so far, and bulls ideally want to hold this level as if it is lost so will be EMA support. We have a wide range between support and resistance at the top of this bull move, which we could trade within all day. Daily needs a solid green...
ETH bouncing off my lower channel trendline purple. It's hard to say if it'll make it back up to the top of the channel. Perhaps it can only bounce to the dotted red line which is an equilibrium level recently and historically. May not even recover that high though! 78.6% Fib Retrace level also seems to be providing the support (so far, 4-hr RSI deep...
ETH a bit weaker than BTC this morning as I continue to monitor ETHBTC and the potential loss of the daily higher lows. Break this support and the 4 hour consolidation will continue. Clear daily EQ playing out with a lower high vs. $746 being set. This will be a very clear pattern to play later this week as the weekly inside bars show the tightening range. I...
eth versus USD is doing elliot correction + BAT pattern correction after SEC // ETH you can go a very long bullish trend
ETH is on bounce watch with the rest of cryptos while we look for BTC to set a bottom this morning and see the 4 hour oversold bounce. The tops are in on the weekly charts to set lower highs, and daily consolidation is likely for the next week+. I personally have been very active on this dump last night into this morning with entries, scaling out small profit,...
ETH had another leg down and flush to hourly RSI at 20 which LTC and BTC did not correlate with. We have the "securities" info today and no one really knows when, or if there is even a decision that will be handed down. This uncertainty will certainly impact the short term volatility. Solid bounce from the recent lows and we will need an hourly higher low and...
ETH has formed a bullish pennant here. it's pretty straight forward here. The market will follow what Bitcoin does within the next day or two. If Bitcoin breaks up expect ETH to follow its lead. If Bitcoin breaks down, expect it to follow as well. If you want confirmation on this trade, then I'd wait until the resistance at $710 is broken, or even to the upside...
ETH target now after close 4H above 712 1st target 740$ 2nd target 757$ 3rd target 821$ Every target eth closes 4H candle above allow it go to the next target **Dont forget to follow me to check ur currencies everytime* @EATrading1
ETH still has not lost 4 hour higher lows in over a week and is leading the way to the upside on this move. Bulls in full control, though we know a 4 hour higher low is needed as RSI approaches levels we previously consolidated from. Personally played ETH on this last bull move, and have scaled out half in the upper $680s to lock in solid profit. Every leg up...
ETH continues to set the stage for bulls with every consolidation leading to another 4 hour higher low. The bulls remain in full control, riding EMA 12 4 hour support up. BTC remains strong and in a tightening pattern, with significant bounces from 15 min oversold RSI. The correlation with ETH continues to favor bulls, hitting higher highs where BTC failed....