Most probably chances are declining as I am speaking again for low volume please do check that.
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Possible ETH/GBP 4 hourly Candle-Bar chart price movements
ETHUSD is testing our first resistance at 172.99 (horizontal swing high resistance, 100% Fibonacci extension, 61.8% Fibonacci retracement) where we might see a corresponding drop in price to our major support level at 158.53 (horizontal swing low support, 61.8% Fibonacci retracement). Stochastic is also approaching resistance where we might see a corresponding...
ETHUSD is approaching our first resistance at 148.01 (horizontal swing high resistance, 100% fibonacci extension, 50% fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 193.46 (horizontal overlap support, 38.2% fibonacci retracement). Stochastic (89,5,3) is also approaching resistance where we might...
ETHUSD is approaching our first support at 134.48 (horizontal overlap support, 38.2% Fibonacci retracement, 61.8% Fibonacci extension) where a strong bounce might occur below this level pushing price up to our major resistance at 166.99 (horizontal swing high resistance). RSI (21) is also approaching support where we might see a corresponding rise in price....
ETHUSD is approaching our first support at 102.95 (horizontal overlap support, 61.8% Fibonacci extension, 76.4% Fibonacci retracement) where a strong bounce might occur pushing price up to our major resistance at 118.69 (horizontal swing high resistance, 23.6%, 50% Fibonacci retracement). Stochastic (89,5,3) is also approaching support where we might see a...
ETHUSD is approaching our first resistance at 203.11 (horizontal overlap resistance, 100% Fibonacci extension, 23.6% Fibonacci retracement) where a strong drop might occur pushing price down to our major support at 188.48 (horizontal swing low support, 61.8% Fibonacci extension). RSI (55) is also approaching resistance where we might see a corresponding drop in...
Weak bounce attempt on the 4 hour is currently forming another potential bear flag. The volume for the bulls continues to decrease as there is no reason for bulls to get excited nor bears to cover short positions. Daily inside bar potentially forming today and we should see a spike in volume this morning on the hourly to give us an idea who will continue to...
If we look at the ETHXBT chart from Kraken (okay volume, lots of history), we can see that that the ETH BTC ratio has been forming a triangle on the daily/weekly charts. I have drawn two triangles, the smaller one connects the 6 hour closes, the longer one connects the daily highs and lows. The analysis of ETHBTC bittrex charts also has the same timeframe on the...
Symmetrical Triangle. Trade the break out or even the pullback from the breakout if you know how to trade pullbacks
The ETHUSD price looks like a very big pennant to me. The price could rise up to 350 in the next time. Green box is the "buy zone". At the end of the penannt it will likely break out, i guess it will be on the upper side because ETH has a lot of potential in my opinion.