All 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.
The 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...
stoploss 970 , will move higher now as long as it closes above 1150 today it will prove that this move isnt a fake out
if this is really weak it should go down from here. if it breaks higher then we look for 1400+ soon
This 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
50 day EMA support + prv top
long term base trendline and short term curve suggesting uptrend . major move is on the cards...
Technical : (Daily , 4hr : Chart) Symmetrical Triangle Chart Pattern Breakout! @ 752 Technical Target : 1077
can sell it now at 740 target is 730 and 724 stop loss will be 745 strict
Ether is currently trading in a well formed rising wedge. This is an indication of a bearish move and there are possibilities it may breach the bottom trend line (orange). If it breaches it then it will find support at fib level 0.618 (~$693). 2nd support could be found at fib level 0.5 (~$676). These support levels could be possible reversal zones for Eth (The...
ETH / USD cmp 407. Target 550 plus stop 350. 1) Price retraces to previous resistance, which ideally should be a support. 2) Price resting on a long term support trend line. 3) Price just above 30 ma support.
pattern has given a breakout 2 days back . this is the pullback and best time to enter the trade . LEVELS SHOWN IN CHART.
With making all time high , ETHUSD will settle down a little bit. One can enter trade at 339-440 with stop loss at 445 with first target of 427.24 , second target at 422.06. RSI and MACD are also indicating the same.
I see a nice symmetric triangle formation in the daily chart and the accumulation has happened since a long time. RSI is high, but i think there is some more room for the buyers. MACD seems to have confirmed the uptrend. The candles are at the resistance line and on the verge of a break out. Watch out! I'd like to go long around the dotted resistance line. Any...
My assuemption is that ETH will cross this present trend and come out of pressure of consolidation. Expecting it to go up.