ETHUSD evening analysis, 190917. My first goal is $220.
In an analysis I posted yesterday, I said this week's etherium could drop to as low as 185 dollars. I thought the candle would stay on $185 for a few days, and make the buyers run away. But the power to buy of buyers was greater than I thought.
The future flow I see is the same as the chart above. The picture is a bit complicated.
Based on the 1-day chart, I think the current price trend will fall without being able to penetrate the top of the Ichimoku cloud. This is because the candle rarely rises through the cloud at once. I think the price of that high will be around $220.
I would also like the price to go up to $300, but I don't think so positive because the flow of the 3-week chart MACD is showing a decline.
I have three scenarios in mind. But based on the 1-week chart, Stochastic made a Golden Cross. For this reason, from a short-term perspective, I think Scenario #1 is the most likely one. But after the price reaches $ 220, the flow should be watched a bit more.
I'll organize the contents.
Based on the one-day chart, prices still show room for a rise.
Based on the weekly chart, Stochastic made a golden cross. I accept that this also means a rise.
Based on the three-week chart, the MACD made a dead cross. I think it's a drop in the long term perspective.
So first of all, my goal is 220 dollars, and I think I'll have to wait a long time to get to 300 dollars. Personally, the rise in altcoins is expected in early February. But forecasts are just predictions, and I'll keep watching and respond every moment.
The future flow I see is the same as the chart above. The picture is a bit complicated.
Based on the 1-day chart, I think the current price trend will fall without being able to penetrate the top of the Ichimoku cloud. This is because the candle rarely rises through the cloud at once. I think the price of that high will be around $220.
I would also like the price to go up to $300, but I don't think so positive because the flow of the 3-week chart MACD is showing a decline.
I have three scenarios in mind. But based on the 1-week chart, Stochastic made a Golden Cross. For this reason, from a short-term perspective, I think Scenario #1 is the most likely one. But after the price reaches $ 220, the flow should be watched a bit more.
I'll organize the contents.
Based on the one-day chart, prices still show room for a rise.
Based on the weekly chart, Stochastic made a golden cross. I accept that this also means a rise.
Based on the three-week chart, the MACD made a dead cross. I think it's a drop in the long term perspective.
So first of all, my goal is 220 dollars, and I think I'll have to wait a long time to get to 300 dollars. Personally, the rise in altcoins is expected in early February. But forecasts are just predictions, and I'll keep watching and respond every moment.