Ethereum (Cryptocurrency)

Well, well - Ethereum and Bitcoin have left many speechless in the last 24 hours. The unthinkable just happened i.e. major pump north. I could well be another dead-cat bounce as well as it could be the start of a major trend change. I explain how I entered this, which is now at a no-loss position and what my strategy for it is.

Eth has been playing the narrow range/inside bar breaks superbly, with 5/5 positive trades with the latest break occurring today. Will the winning run continue?

Bitcoin is gearing up for another big push to the upside. A clear descending wedge, Stoch RSI cross looking bullish, and coming to the bottom of this range. At the moment, these are the ranges I see for Bitcoin. The pivot points seen on the left hand side of the supports and resistances. Selling R1 and R2 and buying S1 and S2 is a good strategy. Buying points...

Technical analysis: . ETP/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 52. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.0037000 to 0.0025000). if so, traders can set orders based on Price Action...

BITFINEX:ETHUSD $50 points head and shoulders potential setup. Only posting as Trading View keeps not saving my charts. As usual only enter on high volume break of the neckline Entry: 117 Target: $69 Stop: 121

Unfortunately I was out so did not publish this in time. STOP - 129.97 Target - 122.01 (Sold 30% of my position there, fully closed at the 117 support level) ETH has been great to short recently. The target was 122 but it hit the 117 support, which was my real target for over performance. Interesting to see what happens next, only a matter of time before we go...

Breaks down from the rising wedge. STOP - 158.60 Full Target - 139.80

Entry - 143.44 STOP - 135.97 Full Target - 186.86 My entry was 147.12. So far it has reached the 2nd interim. Currently I am sceptical of the pattern reaching full target as it forms a rising wedge. We shall see what happens next.

ETH 12345 EW Bounce ABC Correction possible bounce area.

Where do you think Ethereum is going? start of a new uptrend or continuing downtrend?

Introduction Elliott Wave Theory was developed by R.N. Elliott and popularized by Robert Prechter. This theory asserts that crowd behavior ebbs and flows in clear trends. Based on this ebb and flow, Elliott identified a certain structure to price movements in the financial markets. The article serves as a basic introduction to Elliott Wave Theory. A basic 5-wave...

So, we see a 4 grand waves, with their subwaves I've highlighted on top of the candles. Below I've highlighted the grandwaves with their respective retracements. We're currently in a descending wedge which is slowly entering the golden fib zone for the entire impulse move upwards from $80. $108-112 is where I will be longing with a stop loss at $104, targeting...

It seems as though the 61.8% retracement level is holding. Time will tell until we can determine whether this level is the final low before a correction upwards, past previous short-term highs. This level is also key support and past resistance which adds to the strength of this level and its chances of holding. On the...

This screencast shows a strange curature, which I relied on. There is a trend change on the 4H time frame which is usually significant.

Whilst we're still in the crypto winter, the price of ETHUSD could drop as low as $40. The green line shows the next major support which sits at around $42. At this moment in time, we are at the very bottom of the current support level. If this support breaks and the price drops below $80, the next stop is $40. Point of Interest is the volume by price...

Ethereum remains under downside pressure on Thursday, with the ETHUSD pair still struggling to move away from worst trading levels of 2018 so far. The MACD and Stochastic indicators are attempting to move away from extremely oversold conditions on the daily time frame, although bullish momentum remains weak. If the ETHUSD pair can establish a price floor, buyers...

Core developers of Ethereum have agreed on when to launch a highly anticipated hard fork. At a meeting on Friday, the developers scheduled the Constantinople upgrade to go live at block 7,080,000. According to data on the Ethereum blockchain explorer Etherscan, that block should roughly coincide with January 16, 2019.

Technical analysis: . Nebulas/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. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.006100 to 0.005600). if so, traders can set orders based on Price...