ETHUSD - Area to followPrice testing 0.61% Fibo + Trendline.
Bearish divergence on Stoch.
Price undecided. Wait for confirmation before trade.
ETH-USD
Ethereum testing major resistance area!Ethereum is now testing our major resistance area at 717 to 748 (61.8% Fibonacci retracement, 61.8% Fibonacci extension, horizontal overlap resistance area, bearish price action) and a strong drop could occur at this level to push price to at least 583 support (Fibonacci retracement, horizontal swing low support). Our next major level of resistance is at 809 (Fibonacci retracement, horizontal breakout resistance level).
Stochastic (34,5,3) is seeing strong resistance below 97% where a corresponding drop could occur.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
$ETHUSD | Possible Bearish Scenario | Targets DefinedAbove 70% - High Probability
Between 70-50% Medium Probability
Between 50-40% Low Probability
Below 40% Extremely Low Probability
I'm always hesitant to call shorts on Crypto's. But if the bearish scenario plays out, expect these targets to come into play.
ETHUSD Possible Long4HR
We see a few Higher lows, that hit the trend line
Upside we see a Flat of resistance zone, if we broke this zone we can possible
go long
as extra conformation i would prefer to wait if it retest the trend line, and see if it really broke the zone
Ethereum: Profile Of A Bull MarketThe above is a long term logarithmic chart analysis of Ethereum-USD. It is not investment advice, and I am frequently wrong in my analyses.
New ETH/USD Price EOY PredictionsETH broke out of all my previous predicted channels and trends in the past few days, putting 700 USD in its sights in the near future. My previous prediction of ETH/USD at 660 USD by EOY has already been broken. Making new parallel channel trends, I predict a price for ETH/USD at the End Of the Year (EOY) to be:
Optimistic high: 1000 USD
Optimistic narrow range: 740-830 USD
Optimistic full range: 640-960 USD
Full max/min range: 530-1000 USD
Ethereum burst out?!I am predicting these ups and downs will eventually transform into a clear triangle. If everything goes to plan I would recommend buying ETH at around $440. After this, the price will increase rapidly.
$ETH/$USD 17 Inside day consolidation.Powerful 17 inside day consolidation on $ETHUSD really picking up steam reading for a big move. Once this breaks out we can expect a big move.
ETHUSDETH can raising if it break the resistant level and go toward presented balloon. if it break and complete it's dipliction it can reach about 492. eles it will fall in down.
ETHUSDETH could submit it's support level, so if it can break the resistant level it can has a pump again.
CAD/JPY Potential Long. Nice bearish divergence on the 4 & 1 hour showing momentum slowing up for the bears. Long if falling wedge is broken.
Ethereum is still very bullishEthereum will likely continue it's bull run to 5, 6, 7 and perhaps 9 hundredth dollars.
ETHUSD Range trading whilst DXY ralliesETHUSD Range trading whilst DXY rallies
Dollar strength today is forcing Alts onto a back foot. See DXY
charts and comments to get a better handle on when to trade
these, needing DXY weakness to really thrive with the tail-
wind behind them. But when this littel dollar counter-rally
ends DXY should fall back to 91, over 2% from here and give
the Alts a big boost at that point.
We are long here from 463 (stops just 2 points below) but it's
struggling...look to take the meagre 2% profit at 473.
These 9 or 10 points can then be used as stops for the next
trade,which will trigger on a break above the dynamic coming
off the recent high..as usual we need to see a decent break
at that point, greencandles, increased volume to know it's
good, surviving any retest of the line from above once broken.
Then it will have to break above 477 and that longer term
dynamic which is currently arresting any chance of meaningful
advance form here. Once it can manage that ETH should run
free - a good place to either enter long or increase if not
already in. But until we see that ETH is likely to drift, a
sell/take profits from 473 and and a buy again at 463. Range
trading for day traders here working between the lines, which
seem to be working quite well on this pair.
At breakoutThe cross want to rise above the previous resistance level, the long term market pressure (+7.9) highlight this scenario.
ETHUSD Short Term Bullish - Middle Bearish - Long Term Bullish Short Term
EMA 10&20 Support actual Bullish Trend
Breakout after fib 1 indicates Channel Confirmation at 494 USD
Take Profit before 494
Middle Term
High Accumulation indicate Trend Reversal (Downtrend)
Stochastic Indicator looks Overbought and indicates Trend reversal (Downtrend)
Channel Resistance Line indicates Trend reversal
Wait for Trend Reversal, than go short
Long Term
Channel indicates Long Term Uptrend
Support Lines indicate strong Support
ETH Ice Age --> From PoW to Proof of Stake = Rise of Stakeholders
A Lot of Institutional Money will come into ETH
Next Update to Serenity
HODL
Ethereum - 1D - Target Hit, But is There More?If you like this idea leave a like and follow me to get my updates :) If you want to join our team to get trading alerts and our chatroom message me!
Underlying: ETHUSD
Time frame: 1D
What am I Looking to Happen:
So we posted a few days ago about ETHUSD potentially hitting 330 from 300. This has happened. The MACD has still not crossed and cleared the MACD range bars and so, I feel there is more upside. The potential upside is around 345-350 level. As soon as the MACD EMA's have cleared the centre line and the red range bars, we can take profits!
If you like this idea leave a like and follow me to get my updates :) If you want to join our team to get trading alerts and our chatroom message me!
