Ethereum is in a major ascending triangle. Ascending triangles are usually bullish. MACD is neutral and can explode at any moment. RSI and Momentum both look bullish
1 minute ago Ethereum 0.49% 0.16% is bullish . MACD is turning upwards. RSI has bounced off the 50 level. The momentum indicator is moving upwards. Volume has been picking up. A giant spike in buying volume signifies a large accumulation of Ethereum 0.49% 0.16% , usually is whales loading up and getting ready to push the price higher. So why not ride the wave?...
One week ago (24 Oct17), I provided you, using my Technical Analysis skills, an area where I identified Fibonacci Support around $260-$265. However, I deliberately did not place a trade as I wanted the Market to PROVE itself to me. PATIENCE is critical in trading, in order to objectively evaluate your Risk. Well, the Market has cooperated and I am now satisfied...
After the glorious rally from 8 USD up to 420 USD within less than six months, Ethereum is in a consolidation since early June. It looks as if this consolidation takes the form of a bullish ascending triangle, which means that a breakout above 400 - 420 USD will likely initiate the next furious big up-leg. If you add the height of the triangle to the potential...
If .05 is broken and we get a close below .05 on the 1-day chart, the target zone for the next support level is .035.
One month ago (8Sept17) I published a LONG TERM FORECAST on Ethereum. A brave call! Well, you are in for a treat I am giving you something which you will not see any trader give you: Short Term (several days) I am revising my current open trade and now show you not 1 but 3 targets T1, T2 and T3. You now have two higher level targets to aim for, giving you a...
POLONIEX:ETHBTC Is at a divergence's roundabout. What u see on chart is: *Fibo retracement and the 61.8 big support] *Fibo fan on uptrend - the price is already out of the fan zone] *Fibo fan on the downtrend (this summer's drops for eth from above 300usd to the price right now)] *RSI with 45 and 55 levels for entering the trades and exit...