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
As per my wave analysis..
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...
ETHUSD : Another cryptocurrency zooming into all-time high, backed by lifetime highest volumes.
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.
ETH/USD is in the important resistance level. -Jeff Luong-
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.