Search in ideas for "ETH"
ETH SELL IDEAGuys,
As per as I'm concerned, I don't see anything that can stop King Dollar soon.
Look at the clear bearish continuation with the ETH.
I have been Trading bearing with ETH since 12th of August.
And finally our ascending support line has been broken, this support line has been respected since 13th of July and was tested 29th of August and 7th September and finally broken on 25th September, I'm now out of market, waiting for retest and looking for shorting ETH more down to 1370 and 1043.
Remember, invalidation of key resistance levels will make us develop Idea for buying opportunities.
ETH-USDEthereum has lost 40% of its value in a matter of past 3 months.
Just like Bitcoin, ETH too has given a Breakout from the Trendline and is currently retracing back.
Piling up of volumes too depict that the journey to the valley may have ended and ETH may soon continue its upward trajectory.
The support to the lower side is present at $2.8K and $2.6K respectively.
The best strategy hereon would be to wait for a reversal and plan trades accordingly.
ETH May reach 4600$ again As you can see a falling wedge pattern which confirms that the ETH is gonna rise
I have given the possible target and The support and resistance range, SO that we can buy the ETH in DIP. After a little more fall.
Views are purely educational in nature. You are solely responsible for any decisions you take on basis of my research.
ETH ANALYSISIf btc shows negative bias , ETH/USDT will perform accordingly.
According to some technical reasons which we observed there chances that ETH/USDT may settle around 2000>1940>1900 range.
1. Due to negetive RSI and price action divergence in weekly chart.
2. As it's been 4 weeks since ether has been bullish so a retracement upto 0.38-0.50 Fibonacci may take place which is between $2000-1950.
3. In daily timeframe there are high chances of making double bottom around given targets zone.
So don't panic and buy at those precious dips.
Ethereum on one day chart.ETH/USDT has been trading above 200 ma and formed a bullish pennant pattern.
Bullish pennant price pattern is uptrend continuation pattern & Ethereum broken the resistance level with good increase in volume. Those who are already in position or planning to enter can enter which half quantity and later see if ETH is retested this pattern. If it does, we can add some more quantity. Trade safe.
ETH aiming for $700This is a very common pattern. First after establishing range, price tries for a fake breakout and dumps below the low of the range and then continues the trend. ETH is trying to enter this range. ETH has been accumulating for a while now, it should see expansion for coming month. Target is 650-700 . I am buying every damn dip on this.
ETH: 144 would make a bottom consistent with previous lowsAn idea based on previous thoughts. ETH made a low of 80.6 and then made a higher low 99.6. About 24% up. The next low was 122.5 which was about 23% up. Taking the theory that ETH is making successive higher low 20-25% above the previous low, this would make the next low in 147-153 range. However, 200 DMA is 144, which is not much below this range therefore we might see a wick to 144 before the next leg up. It would also make the retest of .618 fib level consistent with the last scenarios.
ETH/USD Latest Analysis
#1 Key Highlights
* Support around $100+ level held strongly.\u2028
* 200H-MA(moving average) broken with buying volume.\u2028
* Ethereum(ETH/USD) price surged 20%+.\u2028
* $120+ resistance broken and retested.\u2028
#2 Chart Analysis
Ethereum trading $122+(Bitfinex) and showing signs of strong upward momentum.
Looking at the ethereum trends on Hourly(4H) chart timeframe, we can observe few bullish signs.It has broken short-term downtrend line(red) as well as 200H-Moving Average which was acting as strong resistance as stated in the article published last week.
If we look at the ethereum price analysis today on hourly time-frame(4H), it has penetrated through the Ichimoku cloud and needs to hold above cloud for further bullish momentum.Though Stoch-RSI indicator is in the oversold region(bullish) , MACD indicator is entering into the bearish territory.
Looking at the ethereum technical analysis today, It needs to hold the present level to test(touch) the immediate resistance(Red) around $140+ price level.Also, there is a possibility of a S/R flip at the current level but if it doesn't happen then we might see the $113-$110 price level as there is not upcoming ethereum news to act as a catalyst.
#3 Conclusion
Over the past 2 days, Ethereum (ETH/USD) has managed to move 20%+ while the entire crypto market remains in the strong momentum. Ethereum price analysis 2019 states it needs to undergo a corrective rally before continuing the bullish momentum.