ETHBTC seems to be be faithfully following this upward channel for the past year or so, moving up and down within it. Personally, I am expecting ETH to appreciate against BTC more in the short term for the next few weeks before going down again.
Hy dear Members. Hope you all are enjoying our ideas and Analysis. Now we are here to discuss about ETHUSD. ETHUSD had Breaked the trend line. Now it has maximum Chances that it will drop to the Price level 800 Soon.
Keep in touch we will update further soon.
And here we are again, after a restless week of persuing profits we enter a Friday FOMO. That magical day of the week where traders are extra pushy to close the week with some profit. What does that mean for you and me? Let's take a look at some market data. 🕶 📊
Monday (1st of March) the start of spring and the start of the week with its all-time-low at ETH...
Bitcoin is making clear and steady moves and we can potentially be seeing a bigger correction back to the major ascending trendline which lines up with the 618 fibonacci and a support zone. We could be in a channel and looking for a break of trendline now or at the 786 fibonacci which lines up with the possible channel.
Watch the fibonacci levels closely and wait...
. There is a possibility of temporary retracement to suggested support line (1454.0). if so, traders can set orders based on Price Action and expect to reach short-term targets.
. ETHUSDT 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...
Today's post is short and sweet - nothing much has changed since yesterday.
Today's pattern, however, is promising a breakout. Macro data says up, micro data says down. It seems that a psychological number of ETH $1550 is a strong anchor and the price was quite stable around that price point ever since Monday!
From my yesterday's post many of you have learned why...
Looks like a repeat pattern to me.
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Yesterday was a great day trading with opportunities to long and short. More importantly, it has been over 24hrs that the price is above the mid-way point without any significant dips. That indicates that the price is stabilizing and demonstrates clear bull flags. At the time of writing the price was quite stable around the previous resistance point of ETH $1550...
I have been seeing the people flout the target of $20,000 for Ethereum, so thought I would have some fun at trying to predict how it might get there!!
1) ETH starts run bull Dec 2016.
Pumps approx 7057%
2) ETH the retraces approx 70% to a price of approx $130.
Draw a fib retracement from the high of the pump at $422 to the bottom at $130
The 4.236 then lines...
Google expanding triangle pattern.
Ethereum appears to be making an expanding triangle pattern with it approaching its 3rd low before another impulse up.
Will monitor closely and create a trendline to watch for breakout as an entry requirement.
". There is a possibility of temporary retracement to suggested support line (0.00002485).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
. VETETH 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...
Hello to all traders/investors,
Seen these days on chat lot of stupidity, regular traders or just trolls posting rockets every day /hour on every $10 bounce of BTC some with ireal targets some with imaginary targets none being real.
You do have to understand that crypto markets are crashing, don`t need tools, indicators or to have a diploma in economics, this is...
We, humans, tend to make a lot of interesting decisions. Some of them are good, some of them are bad and some of them are just what we currently see in the market right now. 👀 Generally, there is a lot of great market data out there. There are a lot of great indicators, support, resistance and so on. Then we add some more fancy properties into the market where...
Tonight's trade analysis features a long term trendline starting on the 28th of December at 08:00 . This level was a support-turned-resistance after the previous 25% pullback, much similar to the one we saw in early January of this year in terms of its percentage and general effect on the sentiment of the market.
People are seemingly very shaken by the price...