Ethereum (ETH) is a relatively new cryptocurrency that was released in 2015. It has the second largest market capitalization of all the cryptocurrencies, though it's a distant second to Bitcoin which is 19 times larger. Ethereum was designed on a different technology than Bitcoin called blockchain. While Bitcoin was developed as a currency, to be used like regular money, Ethereum is also a platform and programming language that can be used to build and run applications on. As such, Ethereum has different intentions.
Miners, who contribute computing power either towards the creation of new blocks or towards the processing of transactions, are rewarded with new crypto-tokens called ether. Ether can be traded and used to run applications. As a tradable instrument Ethereum has done well and has grown into the biggest altcoin on the market. Ethereum units can be bought or sold against other cryptocurrencies or against fiat currencies like the USD or the EUR.
Technical analysis:
. ICON/ETHEREUM is in a Range Bound and Beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 40.
Trading suggestion:
There is a possibility of temporary retracement to suggested support zone (0.0050 to 0.0044). if so, traders can set orders based on ...
Currently price is at the bottom of a bullish channel. Within this larger channel is a descending channel which price broke out of and is now retesting the support. The combinations of these two and the long term bullish prospects gives a great entry for a buy opportunity,
Technical analysis:
EthereumClassic/Ethereum is in a range bound and beginning of up trend is expected.
The price is above the 21-Day WEMA which acts as a dynamic support.
The RSI is at 52.
Trade Setup:
We opened 10 BUY trade(s) @ 0.03178736 based on ' Bullish Engulfing' entry method at 05.07.2018.
Take Profits:
TP1= @ 0.0336
TP2= @ 0.0384
TP3= @ 0.0440 ...
I'm just learning TA, so I post these more to see how my ideas play out than inform anybody else's thinking. Please tell me if this sounds like a load of misinformed BS.
Looking for the next leg up to land in the €560-€570 range.
It all seems to currently be coming back to that magic number of 1.618 - the One line of this fib retrace is drawn from the support ...
Technical analysis:
. AETERNITY/ETHEREUM is in a Range Bound and Resumption of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 51.
Trading suggestion:
There is a possibility of temporary retracement to suggested support zone (0.00539 to 0.00509). if so, traders can set orders based on ...
Technical analysis:
. ZCASH/ETHEREUM is in a Range Bound and Beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 64.
Trading suggestion:
There is a possibility of temporary retracement to suggested support zone (0.390 to 0.329). if so, traders can set orders based on ...
ETH had a weaker bounce than LTC but still nice profits if you played it, managing to close above the diagonal support.
Currently in a 4 hour bearish zone breaking above this depends if BTC breaks the 1 hour bearish zone at 8600!
Next weak resistance being the diagonal and 715ish
Technical analysis:
TRON/ETHEREUM s in a range bound and beginning of uptrend is expected.
The price is below the 21-Day WEMA which acts as a dynamic resistance.
The RSI is at 45.
Trading suggestion:
The price is in a range bound but we forecast the uptrend would begin.
There is a possibility of temporary retracement to suggested support zone (0.000090 to ...
ETHEREUM/DOLLAR
New trading suggestion:
The price is in an up trend and we forecast the uptrend would continue.
There is possibility of temporary retracement to suggested support line (527.285), if so, traders can set orders based on Price Action and expect to reach short-term targets.
Midterm forecast:
While the level 527.285 is not broken, the Midterm wave ...
Hi guys, there´s another update on Ethereum chart, we can clearly see head and shoulders pattern getting formed over here. It is gonna get closed on the 650 USD area if we reach it. So here´s really critical area to watch - if we break it, there´s basically no major support until the 500 USD.
Thanks for checking and please don´t forget the like and follow ...
A hidden bullish divergence is shown upon ETH/USD, unsure about ETH/BTC. Price made a higher low, with the RSI making a lower low. Potential to push up from here. Ideal entry point would have been earlier on, when RSI and price were slightly lower however, I believe this is still a suitable set-up.
SL - $636 - this is the most recent low made, past here will be a ...
