Ethereum has been finding some good support since the selloff and has formed a symmetrical triangle, which most traders know is a continuation pattern. However in this situation a break could happen to the topside or to the bottom. We will be patient while the market shows us our next move. A break below $1000 will most likely result in more sellers stepping in...
Ethereum is approaching major support at 1008 (38.2% Fibonacci retracement, ABC Fibonacci extension, horizontal swing low support) and a strong bounce could occur at this level to potentially push price up to even 1258 resistance (61.8% Fibonacci extension, horizontal pullback resistance). We have to remain careful that Ethereum is in a bearish channel and would...
Ethereum is forming a really strong major reversal signal with a head and shoulders formation. A break of major neckline support at 1096 (38.2% Fibonacci retracement, horizontal overlap support, neckline support) could trigger a strong move down towards 917 support (61.8% Fibonacci retracement, horizontal swing low support). If price breaks this major level of...
Ethereum is now testing major resistance at 864 (Bearish price action, horizontal swing high resistance, Fibonacci extension) and a strong reaction could occur at this level which could push price down to at least 766 support (Fibonacci retracement, horizontal pullback support). Our next major level of resistance is at 905 (above strong bearish price action,...
With the current drop in BitCoins (BTCUSD), let's also take a look at the near-term price movement of Ethereum (ETHUSD). Investors like you may be wondering the near-term price movement in the following week. From a technical outlook, ETHUSD hit all-time high of $875 on 19 Dec 2017 but since then it had two bearish candles in the last two trading days. So, indeed...
Hi Seildev here We have an opportunity to buy with compression pattern on ETHUSD chart. We can identify a buyzone around 270~280 have have 2 targets: - Target 1 @ 390.90 - Target 2 @ 450 ~ 470 RSI divergence is showing as long. Always trade witha plan and safe trading. Seildev
HI Everyone, ETHUSD is near Demand zone and consolidating under triangle pattern. Very soon We will see and upward move thanks .
Here i my view for ETHERUM for a complete move. sub 250s