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ETHUSD SELLETHEREUM/USD continues its bearish trend creating lower lows and lower highs and it may not start an uptrend as long as a news comes out such as Tesla accepting bitcoins or other cryptos. BTCUSD and ETHUSD continue to move in the same way therefore if the price of BTCUSD increases, the price of ETHUSD will increase too. The candle seems to close below the support level with huge momentum/volume which may mean that sellers may take impulse entries till 2000ish as it is a psychological level before a retest to its support forming lower high before continuing down till the next 4 hour key level i.e. 1930.
BYBIT:ETHUSD.P
by mulchandanimahir82
Ethereum kinda looking bullishIn the last few days, we saw the ETH price retesting the long term support, we saw a bounce followed by a retest, which could be the beginning of a massive W pattern. We are now in a period of consolidation which is crucial. The 20 and 50 EMA are about to touch each other. If we continue going upside, we might avoid that cross. In the weekly time frame, we haven't seen any bear signs in the EMA, despite the huge correction, we came down to test the 20 EMA and so far we've seen a clean bounce, so technically, we remain bullish. In the next few days, we'll be testing the 20 and 50 EMA, we must remain above them to continue this uptrend. Now, talking about the MACD we are seeing quite surprising levels; in the daily time frame, we are incredibly low. Also, the MACD is sloping up, which, in my opinion, looks like we are going to have a bull cross in the next few days. If we continue like this, it is very likely that in a couple of weeks we retest the ATHs and continue the uptrend. Let me know what you think about this idea.
BITSTAMP:ETHUSDLong
by AlexG3158
ETHUSD: Time for the beast to yawnEthereum, making some moves and likely to show a bottoming pattern in place. Watch the levels for a possible dip (last chance to get on the long side) for a move to $370. Longer term descending triangle target reached, followed by a bounce and a higher low while forming an ascending triangle pattern at the moment. 370 should be an interesting level to watch. A breakout above this could see something bigger shaping up. Neutral for now, long once the mentioned level near 135 is tested.
BITFINEX:ETHUSD
by justatrader