My thoughts & info on the chart.. Let know what you think about this :)
Still testing the waters with Harmonics comment what you think and any corrections.
Hey guys, We wish you happy Friday first, we hope you had a successful week. Now for the last day of trading, we have a shorterm trade in ETHUSD. When the market stays below the current high of 318.769 we like the buying at 270.351 with a stop loss at 240.6918 and an initial target of 360.263. We will cancel the setup once the market breaks the high because then...
Studies "CM_Ultimate RSI Multi Time Frame" and "CM RSI-2 Strategy Lower Indicator" showing oversold / buy signal for Ethereum at range $310-309. Target/s: $325 and still $340, $360.
We are currently in an EW Contracting Triangle. This formation can raise the course by the resistance at 0.842 at the end of the triangle. Whether the assumption is confirmed can be seen at the latest at E. Here would be a good once in a long position.
The course is recovering slightly after a strong rise. He had finally broken the resistance at 234. Currently we are hanging between the old often confirmed resistance at 265 and the 0.382 Fibo at 240. I think the uptrend is now confirmed and the takes a bit of swing for the next one to break through.
ETH 4HR view is extremely bullish IMO, clear bullish H&S on the 4HR, following another.
For all they are long with ETH like me: the uptrend might be firm. So I see these next steps 225 > 300 > 500 USD. A maximum correction could be 200 USD. So I see an additional buying opportunity for all others at the moment with a mid-term target of 300 USD. Let's see what happens. Happy trading.
A bullish pennant has formed over the last week, giving us an excellent long opportunity. - Things to consider - Like stated above this is based strictly on TA. We could still possibly see a break towards the bottom. Here are my following reasons: According to my charts ETH is still in a BEAR market. So until we break this pennant things are not looking...
Seems ETH has been consolidating between 200 and 225 range for quit some time now. Also could be potential flagpole and pennant formed. We should see a serious price movement in the next few days. Up or down is anyone guess. Ive been locked in and im going longer and I still remain bullish as eth has broke out of the downward bearish trend we have been in for the...
Ethereum hit the half off the ATH price of $400 getting us as low $200. Buyers snapped up the cheap Ether and sellers appear to be exhausted since a short term fib 61.8% line was pierced to the upside. I expect a series higher highs and higher lows to start to form. Longer term I would expect targets of at least $500 with FOMO targets getting us as high as $900-$1000.
Is ETH about to go sideways? If so, for how long until it returns to it's bullish uptrend? On the plus side, the support line appears to be growing slowly, which I will be using as buy signals as long as this chart remains accurate.
So Ethereum pulled back heavily along with Bitcoin. Assuming Bitcoin doesn't continue to struggle due to rumors of hard fork in August, Ethereum should continue to be able to build higher. I have marked my standard price targets as well as FOMO top price targets.
Here we can see that we have been in a consolidation period with ETH/USD. The general trend of this consolidation has been slightly bullish meaning we could see a breakout soon. We will be looking for a bullish confirmation candlestick in order to confirm an uptrend. This could be further supported by the fact that we are heading for some support on the 2/1 Gann...
This is a purely technical trade, although the fundamentals are quite good. Ethereum classic will be added to okcoin soon, bringing in large chinese investors and more volume. You should enter this trade now and exit at .09 or so. Enjoy :)
This is an 4h chart dating back the last 30 days. Triangle forming with a solid support level at ~.083. Will open a long play if this triangle is broken with volume. Targets set at .11 and .14. Looking for this all to happen by 6/9/17.