Get started

Etherium

Etherium Breakout: A Matter Of Time 🚀Etherium has hovered from 1700-2400 range for a while, touching 1700 support thrice. However, it is the very first time that the price has crossed 55 EMA on the daily chart. With this EMA acting as a support line and positive news about Etherium's utility, it's only a matter of time that the 2400 resistance will break, setting a new target at 2900. The price range is currently getting narrowed with EMA giving support at 2200, and a resistance at 2400. A major breakout is inevitable. The trendline has also been broken, further hinting the upcoming bullish move. Disclaimer : Trade at your own risk. Happy Trading!
Long
by Ash002
1
ETHUSD Coinbase - Looking for EntryEtherum has had a great long term run since April of last year. The overall trend of the coin is still ok. I look to make sure the price is still above the 200 day EMA which it is right at that point. I am looking for entry here, though the Supertrend still has not given a good indicator to re-enter. As long as the price stays above the EMA once Supertrend goes green I will probably make the entry. But like most coins right now there is a chance the trend will continue and entry will have to wait. Their is no set pattern over the last year showing how ETH acts. The last time it dipped to a downtrend it was for a few months but before then it lasted almost a half a year before it recovered in April 2020. We are at another consolidation period as the trading has gone horizontal with low volume and in a slump like COINBASE:BTCUSD . Both coins are in a strange holding pattern waiting for the next breakout. If COINBASE:BTCUSD breaks out like I hope as I believe it will after a two month slump, I think COINBASE:ETHUSD will see some momentum and start to trend up, though we will know more within the next few days. I am holding off entering until we know where the trend is taking us.
COINBASE:ETHUSD
by UnknownUnicorn2091450