Leaning wyckoff Methods- ETHUSD fueling upThe markup target of 585 is derived from this point and figure chart in this link..
invst.ly
Discalimer.. not an investing/trading recommendation
ETHEREUM trade ideas
9 Apr ETH and BTC way aheadBrief tech analysis for ETH and BTC. is it a falling knife or bounce or just consolidation? If the latter, how much longer... ?
Bear BAT Power check in Kumo Cloud !price Almost at the extremes of Potential Reversal Zone of the Bear bat... and testing the Kumo resistance cloud...
Lets see, if bulls can muscle the Bat out of the Cloud..
Disclaimer...Not a trading/investing advice...
ETH short term analysisRSI about to hit 30 + fib shows a major support, hence we can predict a small up movement.
Psychological Roadmap for EthereumRather than the usual use of indicators, I've decided to explain the psychological pattern clearly visible in Ethereum. On the daily charts, we can see Ethereum had some incredibly robust growth, but has been in a bearish state off late, along with the rest of the cryptocurrency market. We observe as the trendlines get more vertically steeper (bullish) and upward facing parallel channels envelop, the bull run start on its momentum. In previous bull runs, Ether always came back and made a slight touch of its bottom trend line. The current trend of Ethereum shows that it is finally about to make its touch of the long term support. This is a MAJOR happening as it means that the breakout is on its way. It looks like in a couple days the whole crypto market is going to boom. While it is a bold prediction, I certainly see this happening. Do not be fooled by short duration trends and charts.
ETHUSD - Implacable descending channelEthereum ranks second in the cryptocurrency ranking. The capitalization amounts to more than 80 billion dollars and its price has fallen by over 4% in the last 24 hours.
ETH quotes move in the inheritance channel. We currently see a price rejection from its upper limit. The price goes to support at 791.5 USD. If it is broken, the next target will be around 576.5 dollars. Alternatively, if 791.5 USD support is able to stop the price from further declines, the nearest barrier for further increases will be 982.5 USD.
inverse cup and handle on the RTH house...!after a huge symmetrical triangle without much effect a ICH, will be interesting to watch..
will consider it as a continuation pattern...
ETH - End of Wind !!!As we can see in the chart, first rally failed at 979 and second attempt didn't even go that far. We believe ETH will not see 900 in near future. Therefore we recommend Sell at current level (853).
ETH - end of wind !!!As we can see in the chart, first rally failed at 979 and second attempt didn't even go that far. We believe ETH will not see 900 in near future. Therefore we recommend Sell at current level (853).
$ETH all set for another ATH.This is what I think about $ETH but note, BTC will still fly high in a faster rate than $ETH.
CryptoCurrency Daily Recap 22nd FEB22nd Feb 2018, 10 PM
Long term view for BTC is bearish . Currently BTC 3.72% is trading below 50 MA and also below 100 MA.
BTC 3.72% is currently trading at 10107 and holding both support and psychological level at 10000.
Having said that it seems there are still some gas left in BTC 3.72% , means BTC 3.72% is expected to bounce back again from this level and trade between 10K and 12K for some time before turning back.
BCH looks pretty grim with "death cross" MA 40/MA 80, price at MA 80 level was rejected by market. BCH is currently trading at 1210, 1200 is a strong support level for BCH and also a physiological level.
This level is expected to hold BCH for some time and expect choppy market for BCH for next couple of days with price likely to move between 1200 and 1500 before BCH breaks down 1200.
ETH is currently trading at and above 100MA, above 800, which is also a support level . ETH is expected to hold this level for some time and likely to bounce back from here.
And Please hit the "Like" if you like it !!!
ETH ChannelETH has been following a downward trend channel and have a downward support at over 627$failing to find support there it can possible fall in the range of 550$.
As you can see the volume has been very low at the peak points. It would be safe to wait for ETH to reach 960$ levels before having any long position.
ETH Wedge formation?Possible uptrend if ETH/USD crosses the 963$ mark - resistance 1003$
Downtrend if it goes below the current support 843$
Clear Buy for Ether/UsD with TP $1220 (Inv. Head and Shoulder)Long position is set in Eth/UsD as first runner i.e. Btc is on same route and Volume is a big support in all crypto right now, with easily recognisable trend reversal pattern, but with not a new high expectation, just a decent rise before a big hit.
Failed Head and shoulders pattern?The 4H ETH was supposed to be bullish after spotting the H&S pattern but the ETH failed to cross the 866$ mark. The market could possible see further down trend if it falls below 800$ i.e., below the 20 MA and 50 MA.
A few sings for bullish pattern could be spotted if it breaks the 885$ resistance with a higher volume.
Further more the RSI pattern also shows a bearish movement.
Please let me know what you think in the comment section.
Head And Shoulders pattern couldn't be more clearThe reduced buy volume is a clear sign for reversal in trend. The price might move a little up till the point of previous shoulder and then a downtrend is expected.
This pattern will fail if a sudden surge in buy volume is seen and if the neckline is not broken.
ETH charts show a strong short positionAll the current technical analysis show only one particular thing in common, ETH is having a bad time given the reduced amount of volumes and other analysis.
The 4H chart of ethereum shows a clear sign of following trend.
Support levels of ethereum can be expected to be around 400-500 levels.
ETHUSD Locked in a Range for the Short TermThe instrument is in a consolidation phase with a bullish bias. The price action shows that it is pulling at the ropes to push through higher but it has been held back by the bearish phase in the cryptos. On the technical side, a break through the $1160 region should lead the prices higher into the $1240 region which should act as the next region of resistance/selling. On the lower side, the instrument is expected to get some strong support in the $1000 region and these price regions should hold the price action for the short term.
lONG @ 1140 - 1160 , breakout on daily , trgt 1400+stoploss 970 , will move higher now as long as it closes above 1150 today it will prove that this move isnt a fake out
short @ 1100 - 1105 stp 1180if this is really weak it should go down from here. if it breaks higher then we look for 1400+ soon
Short near 1100 stop 1210This thing broke previous upper trend line and got resisted by the previous trend line , all this indicates weakness ahead' trade setup valid only for next 36 hrs
