Lots of momentum behind ETH as BTC growth slows down and people look for other, less expensive coins to make larger % gains. It looks like we have a nice cup and handle forming, if it completes we can expect a slight retrace tomorrow and then a test of the previous upper resistance and next fib level. 0.050 by next week if we can break through.
ETH broke down the lowest trendline I have drawn on December 8th. One more time it is a resistance line for ETH. If BTC bullrun ends soon, ETH will break out and continue its bullrun. On the other hand, if BTC continues to climb (and if you consider the CME, CBOE and TD Ameritrade BTC additions today, I would expect a huge BTC dump as we have experienced on CBOE...
Not used to trading outside of crypto denominated in USD, but took .04300 of my original BTC purchase and got 1 ETH. ETH at all time highs ~$800 and this pair looking like it could break out from the descending trendline.
There is a breakout from a descending triangle at (1). If price breaks out again at resistance line (2), we might be in for a huge bull run. We have pretty good volume. Stoch has the faster line passing over the slower in an upward slope. If breakout occurs, price point has the potential to hit a new resistance line at the top of A2. keep watching.
The title says ETHUSD, but the charts are ETHBTC. Keep on reading as that's intentional, I am bullish on BTC, but I think ETH will out perform it through to end of Q1 2018. Etherum has been getting hammered by BTC the past 6 months. But things could change over the coming week. The TA on both ETHUSD and ETHBTC back up a big third leg coming up soon, and as...
Looks like the end of correction after rising impulse. Waiting for continuation rise.
We've got a valid Bat, that could shoot through B point starting the BAMM. (Measurements at bottom). Also a Gartley if it breaks up, and will be looking for reversal at D With these patterns especially the BAMM, it's really important to see it break the point, and close. I had previously posted a BAMM pattern that bounced at B but never broke B point - that's not...
Look for downward breakout for confirmation.
4hr chart i think market will go down after break support
After quick review i saw down trend ot a big time frames but on H4 we've got a strong demand areas with nice risk reward ratio so i'm bull Intro Weeek
We can clearly see a falling wedge for the eth/btc pair. If you look at the usd pair, we can also see an ascending triangle. Watch for the breakout, and buy in.
Read the chart. I forgot to mention on the chart: The "flippening" is real, and so is the BTC segwit panic. As market share approaches parity and BTC's future is propagandized to be "uncertain," ETH will be seen as more valuable relative to BTC. People will WANT to exchange their BTC for ETH, driving prices higher.