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.
Hello
Here is my ETH idea for this year.
Target ETH between 2$ and $99 by 2019, which confirms me that BTC might be be $3000 by October and under $1000 by 2019
Thanks
Hi, I made a super bearish idea that might take us on 2016 prices for bitcoin -2.91% and altoins, correction is based on 3 fractals that will take 1 year and having a 70% variation on each based on first fractal .
For example:
BTC -2.91% Fractal 1. $20.000 ->$6.000
BTC -2.91% Fractal 2. $10.000 ->$3.000
BTC -2.91% Fractal 3. $5.000 ->$1.500
This is pure ...
From using Fibonacci retracement, Extension and Elliott Waves, this is how I see Bitcoin playing out over the next week. Perfect setup for squeezing the absurd amount of bottom shorters(who opens a short on a support level?!). My targets also coincide with horizontal supports and resistances.
As wave 2 has retracted little, (though there is the possibility it ...
Technical analysis:
. Storj/Ethereum 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 resistance.
. The RSI is at 42.
Trading suggestion:
. Price is in the support zone (0.00103 to 0.00088), traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term ...
I like the chart setup at moment with a pendant/triangle pattern, tight range with an emminent break as 50ma is closeby but we are holding the 20ma very well.
We are also above the 50% retrace, some altcoins are moving today and will expect some movement here this weekend.
Entry: $469
Stop loss: $464
Exit: $480-$500
ETH/BTC can be looked at two ways, either as a long term pennant set to close at the end of May 2019, or as a channel between 0.11 (Jan/Feb highs) and 0.55 (April lows).
ZCASH/ETHEREUM
New trading suggestion:
*There is still a possibility of temporary retracement to suggested support line(0.4234). if so, traders can set orders based on Price Action and expect to reach short-term targets.
*If you missed our first HUNT, you have a second chance to buy above the suggested support line (0.4234).
*If the support line at (0.00171) ...
Neckline sits at about 0.055 and at the moment, it looks like the right shoulder probably won't start to form until late August. Target-wise I think we'll see 0.1 again before the end of the year.
Technical analysis:
. EOS/ETHEREUM 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 resistance.
. The RSI is at 46.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue.
Trading suggestion:
. There is a possibility of ...
Technical analysis:
. LITECOIN/ETHEREUM 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.
. The RSI is at 59.
Trading suggestion:
. We opened 10 BUY trade(s) @ 0.18172 (day close price) based on a reversal candle ( Valley ) at 08.11.2018
. There is a possibility of temporary ...
Technical analysis:
. SIACOIN/BITCOIN is in a downtrend and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 25.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue.
Trading suggestion:
. There is a possibility of ...
Technical analysis:
. BITSHARES/ETHEREUM 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.
. The RSI is at 50.
. While the price downtrend in the Daily chart is not broken, bearish wave in price would continue.
Trading suggestion:
. There is a possibility of temporary ...
Ethereum has moved sharply-lower on Monday, with the second most popular crypto losing a further fifteen percent of its value since Friday.
ETHUSD is now approaching oversold trading conditions after reaching the bearish head and shoulders pattern downside projection, close to the $300.00 level.
Furthermore, the MACD and RSI indicators across the four-hour ...
Technical analysis:
. DIGIBYTE/ETHEREUM is in a range bound and the resumption of the uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 45.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.0000771 to 0.0000686). if so, traders can set orders based on ...
