Our previous extended analysis was based on IHS formation which was broken at past price movement levels. However there is one more chance for Ethereum to complete this pattern. Indicators are mostly in neutral or bearish state, however it is due to recent growth and entering Ichimoku clouds zone. Hence the growth should continue till the upper edge of green...
I have updated the charts on ETH to more of what i am looking at but i want to drill down a little more with my strategy. First, I want you all to keep this in mind. We could be going down more before going up. Which is fine for the strategy I will be implementing. If you look at the daily chart, we could very well have more downside. On the smaller time frames...
ETHUSD goes to touch Next resistance Level.
Previous ideas have shown similarities of EthUSD to previous year trends (one of these comparisons has been shown using arrows); I extend these ideas to monitor long term EthUSD trends. Note: this is simply based on history, and doesn't account for any project goals or public perception, and is largely for monitoring simply over any actual analysis.
Predicting A Correction Wave Cycle for ETH/USD Back To $900.
My previous post on Ethereum can be found here: Boundary for the channel in Ethereum (ETHUSD) was redrawn after prices broke below ~$670.18 on April 30, 2018. Previous target area between ~ $818.71 and $839.68 was hit on May 5 with price returning to successfully test the bottom of the channel. A break below the channel is expected to find support at Support...
Hey. We enter the long after breaking the boundaries of the triangle. I also want to tell you about my interesting indicator called as "trend Cloud". Here are the cloud features in more detail: Support/resistance breakout, to indicate trend strength of support and resistance(the wider the cloud, the stronger the trend), the slope of the trend. The equilibrium...
Welcome everyone, hope you all are doing well. Let us look into another trading opportunity. Ethereum, one of the oldest project in crypto scene, doesn't need any introduction. Let's look into the daily chart: INDICATORS: After touching the bottom of $358 on 1st April, ETH started a new uptrend and has been trying to gain some upward momentum. Moving...
My previous post on Ethereum can be found here: It was mentioned in the post that Ethereum (ETHUSD) was likely going to test the bottom of its current bullish channel before any bullish action that would reach the upper line of the channel. Price action rather continued its bullish action breaking the upper line of the channel temporarily i.e. reaching the...
Price action of Ethereum (ETHUSD) from ~$394.06 on April 09, 2018 to present date has been captured in this analysis in a bullish price channel. The price channel is achieved by drawing the main trend line (in blue) along price lows and then placing the parallel to that line above the price high (~$528.36) made on April 13, 2018 (black line). The green arrows in...
Most of the indicators on my chart haven't changed from the last one I posted which I linked below. This head and shoulders pattern has taken a while to form. It's moved sideways for quite a while and now it's pushing down to this 800 mark. If we break this 800 level, expect a push down to at least 600. I see no reason why it wouldn't at this point. We have been...
Position: Bearish I am adjusting my lines in from my last call to account for time. BUT to also pose a question that could potentially ratify this down trend! Are we forming a massive head and shoulders pattern?! If we get more sideways movement, we are only going to confirm this. It's do or die time for ETH here. This 800 level is key . It's already tested this...
This research is for informational purposes and should not be construed as personal advice. Trading any financial market involves risk. Trading on leverage involves risk of losses greater than deposits. Please Like & Comment if you agree with this setup and would like to see more Crypto setups from me.
The price of Ethereum 5.55% was subject to huge volatile move on 22 December 2017 when the price hit $460 being the low of the day. Investors like you may be wondering what the next move of ETHUSD 5.55% is. ETHUSD 5.55% opened at $680 on 23 December 2017, which is slightly above 50% of the price range of 22 December 2017. From a technical outlook, we are...
This research is for informational purposes and should not be construed as personal advice. Trading any financial market involves risk. Trading on leverage involves risk of losses greater than deposits. Please Like & Comment if you agree with this setup and would like to see more Crypto setups from me.