tthuma

tthuma

USDJPY is preparing to break out of a recently formed ascending triangle. The US dollar has shown strength and there is a solid support zone formed around 149.687. This indicates that the breakout will likely be bullish. Further rise in the price could finish just above the high of the current trend at 151.100, which is our target. For risk management a stop...

tthuma

To start of, let's first take a look at the two fibonacci retracements on the chart. The area that I would like to expose is the one between the 38% of the smaller fib retracement and the 26% of the bigger one (in the graph it is connected with a curly bracket). Here was the last try from buyers for a reversal, which led into a long red candle. So we can say that...

tthuma

Ether recently broke some major supports around $200 level. Sellers also made some great resistances, which will probably cause many problems for buyers in the upcoming week.The price is currently moving in a range. To start off, the 23.6% fibonacci retracement of the recent fall became a resistance, which buyers cleared at first, but failed to hold the price...

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The price has recently entered a support zone. It successfully bounced from its lower bound at $199.50 and it looks like buyers will push the price well above next $200 support. Fib retracement of the recent bounce is also at $200, which indicates that it is an EXTREMELY important pivot level. There is also a nice bullish trend line, which will meet with support...

tthuma

Ether's price seems stuck in a small price range of <$10. There were very high volumes in September , which probably led to low price movements recently. However there are still visible tight ranges of resistances and supports. Ether will probably have a lot of troubles settling above $210, but if it happens, this could open doors to turn the market into a...

tthuma Updated 

Here you can see main support and resistance zones in ETHUSD for the upcoming days. The price seems to be gaining some momentum in the bullish territory and could open more doors for growth if the resistances are breached. On the downside there are two support zones that sellers need to get through to extend losses.