It looks like ETHEUR has run out of steam.
It needs to reload (pick up some orders at lower levels) before the surge can continue.
Expect the 350-level and probably the 320-level to be revisited.
Was expecting a last leg within ETH big 6-month+ ascending triangle, to test 330-350$ support zone...
BEFORE its big breakout of the 6month triangle.
Price is making a move earlier than expected currently, extending well above 400$, hitting high of 427$ as of writing.
Volume was decent, but not a typical blowout kind for such an important breakout...
Ethereum has broken out of the Symmetrical Triangle's upper trend line and briefly pushed over $400. There may be nothing to it but it seems kind of odd how the last two buying waves have occurred 12 hours
apart. Could we get another wave of buying 12 hours from the last which pushes ETH well over $400? If the pattern repeats itself I would expect consolidation...
This is just my view of where Etherium may go over the next 1 to 2 months.
Etherium has lost ground to BTC for over 4 months, I believe that Ethereum will close that gap somewhat over the next few months.
I`we been watching ETHUSD behavior on this line for a few days. ETH just bounced off it.
I am watching for it to bounce off 330 next.
I am long since 297. My personal opinion is that ETH is strongly undervalued.
Happy Trading :)
For those of you who followed my last ETH chart you saw we broke out of our short term triangle and got a nice bump.
Well good news! There's a long term ascending triangle as well. And as long as we stay within it then things are looking pretty bullish. I'm guessing we see 400 by mid February at the latest, but possibly sooner (crypto usually moves faster...
See annotated chart for my expected price action. I expect ETH to continue to build higher. Not sure how long some these target areas will take to hit.
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So, a similar situation as in my forecast for NEO. Ether is a strong coin that you need to have in your briefcase. Now, in my opinion, the right time to buy. Pay attention to the graph, the history repeats itself with touches on the RSI.
Further, if we break through the channel, reaching goal 2, then go to goal 3 and "TOTHEMOON"!
The nearest target is 10%...
The biggest mistake is a lack of imagination. I have looked at the current situation and the outlook on a possible ETH development until the end of the year.
The trend lines shows a rather positive picture. Market consolidation is definitely over. The market will once again focus on the benefits of digital currencies. ETH and ETC are the only solutions that...
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.
Hello guys
I would be expecting a great up-move in the next following days, we just entered cloud and both RSI and MACD looks ready for the move up. Cloude will take us out from the big triangle so we could expect some great increase in price now. We also have STRONG support at 267USD. My buy info 260-280 and take profit from 380 ( this is high and I will update...
