ETHUSD $150.00 now keyEthereum remains under heavy downside pressure after breaking under the October monthly trading low, following the broader digital currency market decline. Going forward, continued weakness below the $150.00 level will be bad for ETHUSD trading sentiment. Bulls need to stage a major rally above the $180.00 level to encourage traders to buy ETHUSD again.
• If the ETHUSD pair trades above the $150.00 level, key resistance is found at the $180.00 and $198.00 levels.
• If the ETHUSD pair trades below the $150.00 level, key support is found at the $143.00 and $125.00 levels.
Ethereum (Cryptocurrency)
There is a possibility for the beginning of an uptrend in DGBETHTechnical analysis:
. DigiByte/Ethereum is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 66.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00004050 to 0.0000360). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00004050)
Ending of entry zone (0.0000360)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons :
Take Profits:
TP1= @ 0.0000460
TP2= @ 0.0000530
TP3= @ 0.0000604
TP4= @ 0.0000767
TP5= @ 0.0000899
TP6= @ 0.0001031
TP7= @ 0.0001219
TP8= @ 0.0001459
TP9= Free
ETHUSD struggling under $180.00Ethereum is under pressure on Tuesday, with short-term bulls taking back control of the cryptocurrency below the $180.00 support level. Going forward, the ETHUSD pair still has a strong correlation to Bitcoin, many altcoins are also breaking lower. Overall, a bearish head and shoulders pattern with strong downside potential has been triggered on the lower time frames.
• If the ETHUSD pair trades below the $180.00 level, key support is found at the $165.00 and $150.00 levels.
• If the ETHUSD pair trades above the $180.00 level, key resistance is found at the $200.00 and $250.00 levels.
There is a trading opportunity to buy in XVGETHTechnical analysis:
. VERGE/Ethereum is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 80.
The RSI downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00002350 to 0.00001920). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00002350)
Ending of entry zone (0.00001920)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons :
Take Profits:
TP1= @ 0.00003000
TP2= @ 0.00003500
TP3= @ 0.00004235
TP4= @ 0.00005080
TP5= @ 0.00005850
TP6= @ 0.00007160
TP7= @ 0.00008460
TP8= @ 0.00012690
TP9= Free
ETHUSD bullish biasEthereum is performing fairly well despite the recent heavy losses seen across the broader cryptocurrency market this week. Continued gains above the $180.00 level are now needed to challenge towards the top of the ETHUSD pair’s short-term trading range. Crypto market sentiment is still weak at present, although the altcoin space appears to be performing better than Bitcoin at present.
• If the ETHUSD pair trades above the $180.00 level, key resistance is found at the $200.00 and $250.00 levels.
• If the ETHUSD pair trades below the $180.00 level, key support is found at the $170.00 and $155.00 levels.
There is a trading opportunity to buy in SCETHTechnical analysis:
. Siacoin/Ethereum is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 53.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00001000 to 0.00000820). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00001000)
Ending of entry zone (0.00000820)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons :
Take Profits:
TP1= @ 0.00001180
TP2= @ 0.00001340
TP3= @ 0.00001485
TP4= @ 0.00001700
TP5= @ 0.00001900
TP6= @ 0.00002235
TP7= @ 0.00002565
TP8= @ 0.00003640
TP9= Free
There is a trading opportunity to buy in IOSTETHTechnical analysis:
. IOST/ETHEREUM is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 57.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00003175 to 0.00002380). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00003175)
Ending of entry zone (0.00002380)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons :
Take Profits:
TP1= @ 0.00004280
TP2= @ 0.00005450
TP3= @ 0.00006400
TP4= @ 0.00007350
TP5= @ 0.00008700
TP6= @ 0.00010420
TP7= Free
ETHUSD holding supportEthereum is under downside pressure alongside the broader cryptocurrency market on Wednesday, although the second-largest cryptocurrency continues to hold the $180.00 level. The ETHUSD pair still stands a respectable chance of recovering towards the $250.00. Overall, a strong upside rally in the BTCUSD pair would be highly advantageous to the ETHUSD pair right now.
• If the ETHUSD pair trades above the $180.00 level, key resistance is found at the $200.00 and $250.00 levels.
• If the ETHUSD pair trades below the $180.00 level, key support is found at the $170.00 and $155.00 levels.
NIFTY Topped out or Momentum Break?NIFTY: Daily price action has created a resistance on the chart. Now 12015 (spot) levels will be acting as resistance. The dominant trend is up, the prices are trending above the kumo indicating strength. Momentum has slowed a bit, however it is expected to pick up in the coming sessions if 11820 holds on closing basis. Below 11820 Nifty may drift down 11560 levels. Our “ProRSI moblile trading application has been launched on Play Store and IOS, get high probability trading ideas in equities, futures and options. Download Now.
ETHUSD $180.00 still keyEthereum has pulled back from the $190.00 resistance level after buyers failed to performed a breakout above the $200.00 resistance level. Despite the recent move lower, the ETHUSD pair still has a bullish intraday bias while trading above the $180.00 level. Overall, the ETHUSD pair still has the potential to trade towards the $250.00 level while trading above the $180.00 support level.
• If the ETHUSD pair trades above the $180.00 level, key resistance is found at the $200.00 and $250.00 levels.
• If the ETHUSD pair trades below the $180.00 level, key support is found at the $170.00 and $155.00 levels.
ETHUSD on the moveEthereum is pressing higher on Wednesday, following a bullish breakout above a symmetrical triangle pattern on the lower time frames. The $200.00 level remains the near-term upside objective, although the $250.00 resistance level is the main objective. Only a sustained move below the $180.00 level can negate the bullish intraday sentiment surrounding the ETHUSD pair.
• If the ETHUSD pair trades above the $180.00 level, key resistance is found at the $200.00 and $250.00 levels.
• If the ETHUSD pair trades below the $180.00 level, key support is found at the $170.00 and $155.00 levels.
ETHUSD: The pair is at an inflection point. ETHUSD: The contract is into dominant down trend. The RSI is taking resistance at the bear market extreme with a NR formation. 196.50 is a strong pivot level. The contract needs to register a close above it to establish a trend change (as a double bottom is noticed). However any failure to move above 196.50 will lead to resumption of the trend down again. The probable southward targets are 152, 140 & 134.
ETHUSD $250.00 targetEthereum is getting ready for a breakout move as the cryptocurrency continues to find solid dip-buying interest around the $180.00 level. A bullish inverted head and shoulders pattern on the lower time frames is signaling a possible rally towards the $250.00 level. Only a sustained move below the $155.00 level would negate the bullish outlook for the ETHUSD pair.
• If the ETHUSD pair trades above the $200.00 level, key resistance is found at the $210.00 and $250.00 levels.
• If the ETHUSD pair trades below the $200.00 level, key support is found at the $170.00 and $155.00 levels.
There is a possibility for the beginning of an uptrend in ETPETHTechnical analysis:
. ETP/Ethereum Dollar is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 57.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.0023000to 0.0016000). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.0023000)
Ending of entry zone (0.0016000)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons :
Take Profits:
TP1= @ 0.0032500
TP2= @ 0.0043000
TP3= @ 0.0055000
TP4= @ 0.0079500
TP5= @ 0.0098900
TP6= @ 0.0118350
TP7= @ 0.0146100
TP8= @ 0.0181700
TP9= Free
ETHUSD $198.00 breakout neededEthereum is trading above the $180.00 level as the recent rally in the cryptocurrency market has helped return the ETHUSD pair's short-term bullish status. The four-hour time frame shows that a breakout above the $198.00 level could propel the ETHUSD pair towards the $240.00 level. Only a sustained move below the $170.00 level will negate the ETHUSD pair bullish outlook.
• If the ETHUSD pair trades above the $198.00 level, key resistance is found at the $210.00 and $240.00 levels.
• If the ETHUSD pair trades below the $198.00 level, key support is found at the $180.00 and $170.00 levels.
ETHUSD awaiting reversalEthereum is still trading on the defensive on Tuesday, as the pair awaits the next directional move in the broader cryptocurrency market. If bulls can keep price above the $168.00 level, the ETHUSD pair can form a strong reversal pattern. According to the size of the pattern, a move above the $188.00 level this week would take the ETHUSD pair towards the $208.00 level.
• If the ETHUSD pair trades above the $188.00 level, key resistance is found at the $197.00 and $208.00 levels.
• If the ETHUSD pair trades below the $188.00 level, key support is found at the $168.00 and $150.00 levels.
ETHUSD bearish under $180.00Ethereum is consolidating towards the worst levels of the week in early Wednesday trade, as the second-largest cryptocurrency struggles to find buying interest. Short-term bulls are only in control of the ETHUSD pair while price trades above the key $180.00 support level. Overall, buyers need to force a breakout above the $197.00 resistance level this week or the ETHUSD pair could fall back towards the $150.00 level.
• If the ETHUSD pair trades above the $180.00 level, key resistance is found at the $197.00 and $210.00 levels.
• If the ETHUSD pair trades below the $180.00 level, key support is found at the $171.00 and $150.00 levels.