After touching 289 ethereum has corrected quite well . A range can be seen in 240 chart which it is struggling to break . A breakout to any side can happen . One should trade only after breakout . If upward breakout happened one can buy for target of 302 and if downward breakout happened one can sell for target of 230 or 200 ema in 4 hrs. Triangle formation is...
ethereum will touch the current support then pull back to cross 300 $ !! hope it will work
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (238.70). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . ETHUSD is in a Uptrend and the Continuation of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support....
5 waves most likely in, aiming for a swing short of potential 1:4.5R approx with waiting to add a good chunk on wave 2(ABC) correction completion. The price is also hitting a good resistance box. Price has risen parabolic and with the last move, the volume is significantly low, with possible bearish divergence.
Waiting for breakout above $200 to take a safe 3x long for Bull Run. If rejects from 200$ than i am going to wait for 157-147 range to buy with 3x for bull run.
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (147.65). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . ETHUSD is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support....
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (146.85). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . Ethereum/US Dollar is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a...
Hey there, welcome to our Ethereum Price Prediction 2020 guide!
Ethereum is struggling to recover above the $150.00 resistance level, following last weeks sudden drop towards the $135.00 support zone. ETHUSD bulls need to rally the cryptocurrency above the $170.00 level to change the short-term bearish outlook. Ethereum continues to have a high correlation to Bitcoin and could trade sideways until BTCUSD bulls return. • If...
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (147.35). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . ETHUSD is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic...
Ethereum remains under heavy downside pressure after breaking under the October monthly trading low, following the broader digital currency market decline. Going forward, continued weakness below the $150.00 level will be bad for ETHUSD trading sentiment. Bulls need to stage a major rally above the $180.00 level to encourage traders to buy ETHUSD again. • If the...
Ethereum is under pressure on Tuesday, with short-term bulls taking back control of the cryptocurrency below the $180.00 support level. Going forward, the ETHUSD pair still has a strong correlation to Bitcoin, many altcoins are also breaking lower. Overall, a bearish head and shoulders pattern with strong downside potential has been triggered on the lower time...
Ethereum is performing fairly well despite the recent heavy losses seen across the broader cryptocurrency market this week. Continued gains above the $180.00 level are now needed to challenge towards the top of the ETHUSD pair’s short-term trading range. Crypto market sentiment is still weak at present, although the altcoin space appears to be performing better...
Ethereum is under downside pressure alongside the broader cryptocurrency market on Wednesday, although the second-largest cryptocurrency continues to hold the $180.00 level. The ETHUSD pair still stands a respectable chance of recovering towards the $250.00. Overall, a strong upside rally in the BTCUSD pair would be highly advantageous to the ETHUSD pair right...