ETH-USD
ETHUSD approaching support, potential bounce! ETHUSD is approaching our first support at 137.12 (horizontal overlap support, 38.2% Fibonacci retracement, 61.8% Fibonacci extension) where a strong bounce might occur below this level pushing price up to our major resistance at 142.87 (Horizontal swing high resistance, 38.2% fibonacci retracement).
Stochastic (89,5,3) is also approaching our support where we might see a bounce in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
ETHUSD approaching support, potential bounce! ETHUSD is approaching our first support at 137.61 (horizontal overlap support, 38.2% Fibonacci retracement, 61.8% Fibonacci extension) where a strong bounce might occur below this level pushing price up to our major resistance at 152.14 (100% fibonacci extension, 61.8% fibonacci retracement).
Ichimoku cloud is also showing signs of bullish pressure.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
ETHUSD approaching support, potential bounce! ETHUSD is approaching our first support at 128.22 (horizontal pullback support, 61.8% Fibonacci extension, 61.8% fibonacci retracement) where a strong bounce might occur above this level pushing price up to our major resistance at 116.76 (76.4% Fibonacci retracement).
Stochastic (89,5,3) is also approaching support where we might see a corresponding bounce in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
Draw experiment on ETH/USDObserving how this could play out for my benefit.
PRICES TO WATCH ()
MAY TRIGGER STRONG MOVES
BIGGER TRADING BOX AREA (BIGGER PICTURE)
BETWEEN MIDDLE AREA
ETHUSD approaching support, potential bounce! ETHUSD is approaching our first support at 128.22 (horizontal pullback support, 61.8% Fibonacci retracement, 61.8% Fibonacci extension) where a strong bounce might occur below this level pushing price up to our major resistance at 147.92 (50% fibonacci retracement, horizontal pullback resistance).
Stochastic (89,5,3) is also approaching support where we might see a corresponding rise in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
ETHUSD approaching support, potential bounce! ETHUSD is approaching our first support at 134.48 (horizontal overlap support, 38.2% Fibonacci retracement, 61.8% Fibonacci extension) where a strong bounce might occur below this level pushing price up to our major resistance at 166.99 (horizontal swing high resistance).
Stochastic (34,5,3) is also approaching support where we might see a corresponding rise in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
Ethereum is ready for BIG DROP?Everything you see is on the chart. Rising wedge bearish break down pattern on daily. Strong resistance and possible rejection on 160$ > + key levels. If key resistance will be broken up then this idea would be invalid. If price starts to break down starting next week better to open shorts on eth-usd with targets to 80$. Gl and HF!
Potential Double Top H4We can see a potential double top forming on the H4 Chart for ETH/USD. I have plotted some entry and profit/stop loss points if you want to make some quick $ with technical trading.
Overall Chart Trend: Bullish
Chart Pattern Outlook: Bearish
Expect a small pullback on the lines indicated followed by a larger pattern upward in the long term.
Let me know if you guys have any questions/comments/ideas
$ETH / USD - Join the Trend possibility!!$ETH SHORT Idea - A Daily Close above $128 (0.382 fib) can take the price to 142 (0.618 fib). There SHORTS can be built up between 142 (0.618 fib) & 153 (0.786 fib) with a SL above recent HIGH (shown on chart). This allows an opportunity to join the larger DownTrend. Remember we are still in a own Trend until proven otherwise.
ETHUSD approaching support, potential bounce! ETHUSD is approaching our first support at 134.32 (horizontal overlap support, 61.8% Fibonacci extension, 38.2% Fibonacci retracement) where we might see a strong bounce in price to our major resistance at 184.44 (horizontal overlap resistance, 100% Fibonacci extension).
RSI (89) is also approaching support where we might see a corresponding bounce in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
ETH Approaching resistanceBTC Approaching resistance, we will see the next short term trendline soon
ETHUSD approaching support, potential bounce!ETHUSD is approaching our first support at 119.05 (horizontal overlap resistance, 100% Fibonacci extension, 38.2% Fibonacci retracement) where a strong bounce might occur below this level pushing price up to our major resistance at 125.26 (horizontal swing high resistance, 61.8% Fibonacci retracement).
Stochastic (21,5,3) is also approaching support where we might see a corresponding drop in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
ETHUSD approaching support, potential bounce! ETHUSD is approaching our first support at 116.04 (horizontal swing low support, 100% Fibonacci extension, 50% fibonacci retracement) where a strong bounce might occur above this level pushing price up to our major resistance at 125.04 (76.4% Fibonacci retracement, 100% Fiboancci extension).
Stochastic (21,5,3) is also approaching support where we might see a corresponding rise in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
Short ETH retraceETH at high time frame resistance
entry 117.75 - 118.25
s/l 120.85
targets 110.45 | 109
join the telegram: t.me/grizzlyden
ETH short the bouncegood short if ETH bounces to high time frame resistance, support should be getting weak by now. Details on the chart
ETHUSD [Daily] Looks like more pain to come....Some time ago we have been thinking worst is over but... looks like the bulls nightmare just coming back….The full faith for delayed fork….otherwise lower low here we come….
ETHUSD approaching resistance, potential drop!ETHUSD is approaching our first resistance at 118.61 (horizontal overlap resistance, 50%, 23.6% fibonacci retracement ) where a strong drop might occur below this level pushing price down to our major support at 102.95 (horizontal overlap support, 61.8% fibonacci extension , 76.4% Fibonacci retracement ).
Stochastic (34,5,3) is also approaching resistance and we might see a corresponding drop in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
Come join us today at : www.easymarkets.com
ETHUSD approaching resistance, potential drop! ETHUSD is approaching our first resistance at 118.61 (horizontal swing high resistance, 23.6%, 50% Fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 102.95 (horizontal swing low support, 61.8% Fibonacci extension, 61.8% Fibonacci retracement).
Stochastic (34,5,3) is also approaching resistance where we might see a corresponding drop in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
ETHUSD approaching support, potential bounce! ETHUSD is approaching our first support at 102.04 (61.8% Fibonacci extension, 76.4% Fibonacci retracement, horizontal overlap support) where a strong bounce might occur above this level pushing price up to our major resistance at 118.61 (horizontal swing high resistance, 23.6%, 50% Fibonacci retracement).
Stochastic (34,5,3) is also approaching support where we might see a corresponding bounce in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
ETH daily chart bearish, look for shortsladdering shorts at the broken daily support turned to resistance.
targeting 115 area
