Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.0251). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. ETHBTC is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
....
ETH BTC
Taking a short entry here, we have traded in this range and this will be the third time we drop which usually is the last in consolidation as s/r zones get weaker.
Stop set above previous highs - 0.0261
TP1 - 0.02331
TP2 - 0.02200
After this I will re-asses and flip long
ETH / BTC After breaking the downtrend line of the main trend and fixing the price above it, a symmetrical triangle began to form. Price shrinks, volatility decreases.
I have been trading this pair periodically for a long time. Some years.
I mainly use asynchronous arbitrage between BTC / USD ETH / USD ETH / BTC pairs.
How to do this is the idea of learning...
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.0215). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. ETHBTC is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic...
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.02335). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. ETHBTC is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support....
Ethereum chart looks interesting to me, normally when Bitcoin dumps(im expecting that to happen, check my BTCUSD idea), cash is flowing in to ALTs and thats exactly what im expecting to happen with ETHBTC pair. Nice and clean double bottom on the weekly chart, higher high was also printed, now price pulled back and created the higher low, judging by the wicks on...
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.0223). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. ETHBTC is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic...
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.023). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. Etheremun/Bitcoin is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic...
Tracking this here - twitter.com
Interested to see if this bottom pattern from the BTCUSD reversal plays out on the ETHBTC pair.
Will likley trade the breakout of the 0.0222 level depending on how we get there, already there is deviation however the concept of the idea seem to hold true
Commentatry from 15th Dec...
ETH / BTC trading idea for a better understanding of the work from a situation with maximum profit and minimum risk. I don’t know how else you can show and chew everything in detail ... I showed the areas for observation and the pivot point on the chart.
ETH / BTC An upward triangle ( bullish ) is forming. The potential for the full development of the goals of...
Hello, Traders!
Monfex is at your service and today we overview ETH/USD .
By breakout the local key level - the price will target the middle zone of the descending channel.
Mid-term trend still bearish and ETH in the price range between key levels. Breakout of which will define the trend.
RSI is going to the oversold zone at 1D chart analysis.
The key...
Hello, Traders!
Monfex is at your service and today we overview ETH/USD .
There are several classic trading strategies: trade by breakout of key levels and buy/sell from supports/resistances.
Mid-term ETH in an uptrend, we see a triangle formation after a impulsed upward movement. The peak of the impulse has reached its resistance zone.
Locally ETH has a...
Hi, Traders ! Monfex is on the air !
Ethereum price is currently inside the Key Resistance area! But the upward move could keep up!
* The price of Ethereum has eventually hit our 'Long' target at the Key resistance area = $190 - $195.
* Now, we observe a bullish rejection pattern at this level, where H4 red Doji candle was followed by a bullish engulfment.
*...
Hi, Traders ! Monfex is on the air !
Ethereum is most likely to continue consolidation, alongside Bitcoin.
* Yesterday, Ethereum showed a decent rise towards the Key Resistance Area. Along with that, our projected target level of $190 - $195 was almost hit on yesterday's session, but ETH faced increased downwards pressure, tracing a wick on 1H Doji candle -...
Hi, Traders ! Monfex is on the air !
ETH is getting ready for a new impulse Up, while BTC stays flat within the consolidation range.
* Ethereum price is backed by the ascending diagonal Support line, with every new Low higher then the previous, signalling of the strong bullish presence on the underside. Based on this pattern, we can expect ETH to continue...
Hello, Traders!
Monfex is at your service and today we overview ETH/USD .
Ethereum in the ascending channel and triangle under the resistance zone. MA50 - like resistance, MA100 & MA200 - supports.
ETH/USD also has a bullish divergence by RSI.
By breakout of the support line is expected to decline to the support zone.
By breakout of the resistance zone is...
Hi, dear Traders and Investors !
Monfex is at your service and today we overview ETH/BTC logarithmic chart analysis.
For almost a year we have been seeing a downtrend by ETH/BTC. But when will the altcoin season start ?
On many coins, there is a strong bullish divergence by RSI on the daily charts and we can safely assume that Altcoins are not far from...
Hello, dear Traders!
Monfex is at your service and today we overview ETH/USD .
Locally on short timeframes, the situation is more bullish by ETH , the logical resistance is around $ 186 . Upon reach which there can be a rebound to the top line on the left chart analysis, at least to the previous peak of $ 155 . But after breaking through, take the target at...
