ETHUSD trade ideas
Ethereum ETH price analysis: ETH price stuck below $185The queen of cryptocurrency Ethereum (ETH) is volatile Ethereum ETH price analysis charts are a telltale of the thrashing it received for one reason or another. In the past five days, the Ethereum price went up as high st $192. but unable to break through to the previous high of $192.86 on the 29th of October, but unable to break through to the $200 psychological barrier. Read More
ETHUSD: The pair is at an inflection point. ETHUSD: The contract is into dominant down trend. The RSI is taking resistance at the bear market extreme with a NR formation. 196.50 is a strong pivot level. The contract needs to register a close above it to establish a trend change (as a double bottom is noticed). However any failure to move above 196.50 will lead to resumption of the trend down again. The probable southward targets are 152, 140 & 134.
ETHUSD $250.00 targetEthereum is getting ready for a breakout move as the cryptocurrency continues to find solid dip-buying interest around the $180.00 level. A bullish inverted head and shoulders pattern on the lower time frames is signaling a possible rally towards the $250.00 level. Only a sustained move below the $155.00 level would negate the bullish outlook for the ETHUSD pair.
• If the ETHUSD pair trades above the $200.00 level, key resistance is found at the $210.00 and $250.00 levels.
• If the ETHUSD pair trades below the $200.00 level, key support is found at the $170.00 and $155.00 levels.
ETHUSD $198.00 breakout neededEthereum is trading above the $180.00 level as the recent rally in the cryptocurrency market has helped return the ETHUSD pair's short-term bullish status. The four-hour time frame shows that a breakout above the $198.00 level could propel the ETHUSD pair towards the $240.00 level. Only a sustained move below the $170.00 level will negate the ETHUSD pair bullish outlook.
• If the ETHUSD pair trades above the $198.00 level, key resistance is found at the $210.00 and $240.00 levels.
• If the ETHUSD pair trades below the $198.00 level, key support is found at the $180.00 and $170.00 levels.
ETHUSD awaiting reversalEthereum is still trading on the defensive on Tuesday, as the pair awaits the next directional move in the broader cryptocurrency market. If bulls can keep price above the $168.00 level, the ETHUSD pair can form a strong reversal pattern. According to the size of the pattern, a move above the $188.00 level this week would take the ETHUSD pair towards the $208.00 level.
• If the ETHUSD pair trades above the $188.00 level, key resistance is found at the $197.00 and $208.00 levels.
• If the ETHUSD pair trades below the $188.00 level, key support is found at the $168.00 and $150.00 levels.
Ethereum Price Likely to surge Amid Ethereum future' AnnouncemenHeath Tarbert, head of the United States Commodity Futures Trading Commission (CFTC) talked about the future of cryptocurrency and the government regulations on cryptocurrency as well in the recently held Yahoo Finance’s All Markets Summit in New York City on October 10.
The native derivative cryptocurrency of the Ethereum ecosphere, ETHER was seen as a commodity that is selected in the US to be regulated by CFTC, Ether is supported on a public, open-sourced blockchain-based platform that attributes smart contracts.
Source: TheCoinRepublic
A little run to the 181 is possibleThis is 4HR chart of ETH and as you can clearly saw that we had 9th TD candle and it is spinning top candle and we reverse the direction after that and we also have bullish divergence at RSI and we have bullish cross on stoch. So overall bullish according to me
Buy: 172.50- 173.50
Sell: 180-183
S/L: 170
ETHUSD bearish under $180.00Ethereum is consolidating towards the worst levels of the week in early Wednesday trade, as the second-largest cryptocurrency struggles to find buying interest. Short-term bulls are only in control of the ETHUSD pair while price trades above the key $180.00 support level. Overall, buyers need to force a breakout above the $197.00 resistance level this week or the ETHUSD pair could fall back towards the $150.00 level.
• If the ETHUSD pair trades above the $180.00 level, key resistance is found at the $197.00 and $210.00 levels.
• If the ETHUSD pair trades below the $180.00 level, key support is found at the $171.00 and $150.00 levels.
ETHUSD $185.00 importantEthereum is performing a near-term technical bounce after the ETHUSD pair found strong support from the $168.00 level over the weekend. ETHUSD bulls need to hold the pair above the $185.00 level to encourage buying interest towards the $210.00 level. Failure to overcome the $185.00 level could easily see the ETHUSD pair sold back towards the September low.
• If the ETHUSD pair trades above the $185.00 level, key resistance is found at the $189.00 and $210.00 levels.
• If the ETHUSD pair trades below the $185.00 level, key support is found at the $168.00 and $150.00 levels.
ETHUSD $175.00 keyEthereum is attempting to build bullish momentum on Wednesday as the cryptocurrency market starts to recover from the September trading low. The ETHUSD pair could advance towards the $190.00 level if bulls keep price above the $175.00 level. Overall, a loss of the $175.00 support level could prompt the ETHUSD pair to test towards the important $150.00 level.
• If the ETHUSD pair trades above the $175.00 level, key resistance is found at the $190.00 and $205.00 levels.
• If the ETHUSD pair trades below the $175.00 level, key support is found at the $165.00 and $150.00 levels.
ETHUSD bullish divergenceEthereum is still trading at relatively depressed levels on Friday, although the thirty-minute time frame is showing huge bullish MACD divergence. The bullish MACD divergence extends towards the $218.00 level and suggests an upside rally may soon be coming for the ETHUSD pair. Overall, ETHUSD bulls may start to enter back into the short-term long trade once the $180 level is reclaimed.
If the ETHUSD pair trades above the $180.00 level, key resistance is found at the $200.00 and $218.00 levels.
If the ETHUSD pair trades below the $180.00 level, key support is found at the $165.00 and $150.00 levels.
