$ETHUSD Reverse Head and Shoulder PatternWe are looking at the developing Reverse Head and Shoulder pattern. Never take a position on a half-completed pattern. Only when it crosses $640 and corrects back to ~$640 levels can we look at a target of $730by jatinder.sodhi0
$ETHUSD H&S on 1h TF?A very small timeframe call on ETH on 1 hour timeframe. We may be looking att he development of a H&S pattern. Though I am bearish on ETH at the time being but price seems to hold well. It is continuously getting tested at $625. As with any H&S pattern wait for the completion of the Right Shoulder. we would see price breaching $625 and then a retest which would be a good entry point for a target of $640. Longby jatinder.sodhi0
There is a Second Chance to Buy in ETHUSD ...New trading suggestion: *The price is in an uptrend and we forecast the uptrend would continue. * There is still a possibility of temporary retracement to suggested support line (496.730). if so, traders can set orders based on Price Action and expect to reach short-term targets. Midterm forecast: While the level 496.730 is not broken, the Midterm wave will be uptrend. Technical analysis: The RSI bounced from the support #1 at 30 and it prevented the price from more losses. While the RSI downtrend #2 is not broken, bearish wave in price would continue. Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains. Relative strength index (RSI) is 42. Take Profits: TP1= @ 475.300 TP2= @ 553.100 TP3= @ 630.500 TP4= @ 729.300 TP5= @ 864.550 TP6= @ 970.450 TP7= @ 1151.600 TP8= @ 1229.700 TP9= @ 1415.950 TP10= Free Trade Setup: We opened 10 BUY trade(s) @ 420.243 based on 'Hammer' entry method at 2018.04.11. Total Profit: 1584266 pip Closed trade(s): 707228 pip Profit Open trade(s): 877038 pip Profit Closed Profit: TP1 @ 475.300 touched at 2018.04.12 with 55057 pip Profit. TP2 @ 553.100 touched at 2018.04.19 with 132857 pip Profit. TP3 @ 630.500 touched at 2018.04.22 with 210257 pip Profit. TP4 @ 729.300 touched at 2018.05.03 with 309057 pip Profit. 55057 + 132857 + 210257 + 309057 = 707228 pip Open Profit: Profit for one trade is 566.416(current price) - 420.243(open price) = 146173 pip 6 trade(s) still open, therefore total profit for open trade(s) is 146173 x 6 = 877038 pipLongby ForecastCity3
There is a Second Chance to Buy in ETHUSD ...New trading suggestion: *The price is in an uptrend and we forecast the uptrend would continue. * There is still a possibility of temporary retracement to suggested support line (496.730). if so, traders can set orders based on Price Action and expect to reach short-term targets. Midterm forecast: While the level 496.730 is not broken, the Midterm wave will be uptrend. Technical analysis: The RSI bounced from the support #1 at 30 and it prevented price from more losses. While the RSI downtrend #2 is not broken, bearish wave in price would continue. Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains. Relative strength index (RSI) is 42. Take Profits: TP1= @ 475.300 TP2= @ 553.100 TP3= @ 630.500 TP4= @ 729.300 TP5= @ 864.550 TP6= @ 970.450 TP7= @ 1151.600 TP8= @ 1229.700 TP9= @ 1415.950 TP10= Free Trade Setup: We opened 10 BUY trade(s) @ 420.243 based on 'Hammer' entry method at 2018.04.11. Total Profit: 1584266 pip Closed trade(s): 707228 pip Profit Open trade(s): 877038 pip Profit Closed Profit: TP1 @ 475.300 touched at 2018.04.12 with 55057 pip Profit. TP2 @ 553.100 touched at 2018.04.19 with 132857 pip Profit. TP3 @ 630.500 touched at 2018.04.22 with 210257 pip Profit. TP4 @ 729.300 touched at 2018.05.03 with 309057 pip Profit. 55057 + 132857 + 210257 + 309057 = 707228 pip Open Profit: Profit for one trade is 566.416(current price) - 420.243(open price) = 146173 pip 6 trade(s) still open, therefore total profit for open trade(s) is 146173 x 6 = 877038 pip Longby ForecastCity3
Ethereum #ETHUSD next target is $787The price of the ETHUSD apparently moves towards the level of $ 787, which is the abolition of 38% Fibonacci previous decline. To reach this level, the price must be above $ 712 after the end of wave 4. The closest support for bulls is the level of $ 519 and $ 510. Breaking the market above the golden downward trend line is promising in itself and may indicate that the downward trend in this cryptovalue has ended.Longby sebastian.seliga.70
A New Trading Opportunity to Buy. TP3 hit with 1892587 profit...ETHEREUM/DOLLAR New trading suggestion: The price is in an up trend and we forecast the uptrend would continue. There is possibility of temporary retracement to suggested support line (527.285) , if so, traders can set orders based on Price Action and expect to reach short-term targets. Midterm forecast: While the level 527.285 is not broken, the Midterm wave will be uptrend. Price may also reach 527.285, if price reaches this level, we may enter by Daily-Trading-Opportunities, this entry depends on personal strategies. We will close our open trades, if the Midterm level 527.285 is broken. Technical analysis: Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses. Relative strength index (RSI) is 58. Total Profit: 1892587 pip Closed trade(s): 398171 pip Profit Open trade(s): 1494416 pip Profit Trade Setup: We opened 10 BUY trade(s) @ 420.243 based on 'Hammer' entry method at 04.11.2018. (we use SimpleFX.com standard charts as reference.) Closed Profit: TP1 @ 475.300 touched at 04.12.2018 with 55057 pip Profit. TP2 @ 553.100 touched at 04.19.2018 with 132857 pip Profit. TP3 @ 630.500 touched at 04.22.2018 with 210257 pip Profit. 55057 + 132857 + 210257 = 398171 pip Open Profit: Profit for one trade is 633.731(current price) - 420.243(open price) = 213488 pip 7 trade(s) still open, therefore total profit for open trade(s) is 213488 x 7 = 1494416 pip Take Profits: TP4= @ 729.300 TP5= @ 864.550 TP6= @ 970.450 TP7= @ 1151.600 TP8= @ 1229.700 TP9= @ 1415.950 TP10= Free Longby ForecastCity1
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 recommendationLongby capsule91Updated 445
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... ?06:34by dailycryptoreport110
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... by capsule913
ETH short term analysisRSI about to hit 30 + fib shows a major support, hence we can predict a small up movement. by AminSama0
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.Longby liccmydebt0
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. Shortby jpktraders1
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...Shortby capsule910
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).Shortby CryptForecasts0
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).Shortby CryptForecasts0
$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 $ETH.by skippertrends0
CryptoCurrency Daily Recap 22nd FEB22nd Feb 2018, 10 PM Long term view for BTC is bearish . Currently BTC 3.72% is trading below 50 MA and also below 100 MA. BTC 3.72% is currently trading at 10107 and holding both support and psychological level at 10000. Having said that it seems there are still some gas left in BTC 3.72% , means BTC 3.72% is expected to bounce back again from this level and trade between 10K and 12K for some time before turning back. BCH looks pretty grim with "death cross" MA 40/MA 80, price at MA 80 level was rejected by market. BCH is currently trading at 1210, 1200 is a strong support level for BCH and also a physiological level. This level is expected to hold BCH for some time and expect choppy market for BCH for next couple of days with price likely to move between 1200 and 1500 before BCH breaks down 1200. ETH is currently trading at and above 100MA, above 800, which is also a support level . ETH is expected to hold this level for some time and likely to bounce back from here. And Please hit the "Like" if you like it !!! by CryptForecasts3
ETH ChannelETH has been following a downward trend channel and have a downward support at over 627$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.Shortby mohith010
ETH Wedge formation?Possible uptrend if ETH/USD crosses the 963$ mark - resistance 1003$ Downtrend if it goes below the current support 843$by mohith010
Clear Buy for Ether/UsD with TP $1220 (Inv. Head and Shoulder)Long position is set in Eth/UsD as first runner i.e. Btc is on same route and Volume is a big support in all crypto right now, with easily recognisable trend reversal pattern, but with not a new high expectation, just a decent rise before a big hit.Longby hidyb101
Failed Head and shoulders pattern?The 4H ETH was supposed to be bullish after spotting the H&S pattern but the ETH failed to cross the 866$ 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. by mohith010
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.Shortby mohith010