Unfortunately, all positive signals turned bearish at the same time. It feels like some big hands want this down. Do not fight them. Follow the trend. Which now, unfortunately is bearish.
After yesterday's strong buyer's momentum that broke 0.03 on Kraken but was denied by Polo sellers, we are gonna have another try at 0.03. The reasons are written in chart: Quick denial of dump, downtrend didn't even form. Inverse H&S RSI holding support, quickly rising with higher lows and higher highs
Hi, yesterday we had an attempt at major turning price level 0.03 and we broke it on Kraken. On Poloniex, huge sell walls (15000 ether in one order, etc) appeared and scared the buyers who stopped at 0.02995, which is rather sad. We got stopped out of our trade (and partly exited manually since it was clear buyers are there, just not willing to finish this ...
bubble chart confirmed...sub 0.01 on the way
Adjusted chart, be on the right side when it happens! 0.0246 as stop is valuable.
MACD is about to cross bullish, the next few hours/days arefight on top in my opinion.Stay aware of the golden line at 0.0295.
It looks to be agood long entry for a short time or can climb even higher when momentum goes in. tight stop loss under 0.0246 is recommended!
Just care about the mother of all indicators. Have a a real close look on the price change before the MACD is to close out bearish or bullish. MOON can happen soon.
As some of you said I was not clear, I think it is heading up from here. can totally dump to 0.015 but i wouldn't trade it right here. could go to 0.447 in a few hours, long term is BULLISH.
Ethereum is going parabolic. Here is a potential zone to take profits or to look for bearish evidence (10.3775). I would wait for price to crack before getting short. The price targets are just examples of potential trade ideas. The 6.0000 even handle is the area where I would look to get long. Be careful with this one, price can still run irrationally high. Good...
This could be the 4th wave down or the first part of the an impulsive wave up to make a double zigzag or the bullish rally continuation.
We are in falling wedge and 5 wave. I think that ETH will go up after break the up line.
Ethereum continued its incredible pump and reached highs of 0.00723, from 0.00392 starting point. On our last trade, ETH was shorted. It went down from 0.00555 to 0.00500, and met strong support there. Ichimoku cloud support (red line) was tested, but not broken. Stop loss was triggered. On our next trade, we will be looking whether ETH can break cloud up or down....