ETHUSD forming a bullish shark | 12% potential short term tradeBy the grace of Allah the most high like always my previous chart of short term trade is also executed successfully:
Now on day chart after formation of successful bullish butterfly pattern the price action has started the formation of bullish Shark pattern, sofar all fibonacci sequence is going good as required for shark now the formation of last leg is in process and I am expecting that it will be also formed accordingly and soon the priceline will be entered in potential reversal zone.
The PRZ area should be used a stop loss zone if a complete candle stick will be closed below this area.
Volume profile of complete pattern is showing less interest of traders at this area.
But Stochastic is bearish and giving bear cross and MACD is turned weak bullish from strong bullish, so here I would suggest to wait for MACD to turn back strong bullish or if the MACD will be turned strong bearish then wait for to turn it back to weak bearish or wait for bull cross from stochastic then take the long position.
I have used Fibonacci sequence to set the targets:
Buy between: 166.30 to 161.63
Sell between: 171.16 to 181.23
Enjoy your profits and Regards,
Atif Akbar (moon333)
Ethereumprice
Ethereum Price Analysis and Prediction - Will $ETH hit $200?
Relative Strength Index: The RSI is currently at a healthy 43 points. This means the market can go either way but will lean towards trading sideways.
Bollinger Bands : After the most recent retracement, the price is currently touching the lower bollinger band. This means ETH/USD will try to rebound at least back to the $194 level.
Volume: While there is volume present, it's relatively low. There isn't enough volume currently to sway the market too much in either direction.
Ethereum Price Prediction
Both the RSI and Volume are signalling a sideways trading market. Bollinger Bands on the other hand, are signalling a slight rebound. As such, my prediction is that Ethereum will trade sideways between the $190 and $200 level for the next few hours, given the BTC/USD doesn't make any major moves.
When it comes to a more medium / longer term trend, as much as I love Ethereum I don't think it will be able to hold the $200 support level. While the prospect of ETH 2.0 is exciting, currently Ethereum is struggling from network congestion. It's hard to use many dApps because even the cheapest transactions cost way too much due to Gas fees.
Read Full Analysis: The Merkle Hash
ETHUSD forming a bullish gartley | A good long opportunityPriceline of Ethereum / US Dollar is forming a bullish gartley and soon it will be entered in potential reversal zone insha Allah.
We have a golden cross formation expected below the PRZ are between 100 simple moving average and 200SMA.
I have used Fibonacci sequence to set the targets:
Buy between: 180.27 to 178.55
Sell between: 181.61 to 184.85
Regards,
Atif Akbar (moon333)
Ethereum Price Analysis 9/7/19 - Recovery Is Imminent
Relative Strength Index: The current RSI is at 65 points, it recently peaked at 75 when Ethereum’s price reached $176. Since then it has rebounded but is still looking strong. We could see some movement in the next few hours.
Bollinger Bands: The price is currently close to the upper bollinger bad, but still has some room for upwards movement. The price also crossed above the MA line, and looks like it’s going to rebound back down to it.
Volume: The volume is extremely low right now. Chances that the market makes any large moves any time soon is extremely low.
ETHEREUM PRICE PREDICTION
In my previous Ethereum price prediction, I mentioned how the market will most likely test $180 then make its next move. While the market didn’t test $180 it got close and tested $177, rebounding down shortly after.
RSI is telling us the market has some power, bollinger bands tell us the market has room for movement, yet the volume tells us the market is quiet. With no volume it’s extremely unlikely Ethereum price is going to make any major moves in the next few hours. Most likely the price will retrace slightly towards the MA line and harness power at that level for the next move.
Moreover, since most cryptocurrencies – including Ethereum – are following Bitcoin’s movements, since BTC has been laying low lately it only makes sense that the rest of the market is as well.
Read More: Ethereum price analysis
Ethereum Price Analysis and Prediction for September 6th 2019
Relative Strength Index: The current RSI is at 65 points, it recently peaked at 75 when Ethereum's price reached $176. Since then it has rebounded but is still looking strong. We could see some movement in the next few hours.
Bollinger Bands: The price is currently close to the upper bollinger bad, but still has some room for upwards movement. The price also crossed above the MA line, and looks like it's going to rebound back down to it.
Volume: The volume is extremely low right now. Chances that the market makes any large moves any time soon is extremely low.
Ethereum Price Prediction
In my previous Ethereum price prediction , I mentioned how the market will most likely test $180 then make its next move. While the market didn't test $180 it got close and tested $177, rebounding down shortly after.
RSI is telling us the market has some power, bollinger bands tell us the market has room for movement, yet the volume tells us the market is quiet. With no volume it's extremely unlikely Ethereum price is going to make any major moves in the next few hours. Most likely the price will retrace slightly towards the MA line and harness power at that level for the next move.
Moreover, since most cryptocurrencies - including Ethereum - are following Bitcoin's movements, since BTC has been laying low lately it only makes sense that the rest of the market is as well.
Read More: Ethereum Price Analysis and Prediction for September 6th 2019
Ethereum NUETRAL Still in Trading Range 1 HR Chart#Ethereum #Bitcoin #Litecoin
Hello to all watching my charts
Ethereum is similar to Bitcoin caught in a Trading range
and neutral at the moment.
here the trading range is between 200/204 and 2223/225
We have to wait in which direction the outbreak will come.
Below 200 it seems to be short, above 225 it seems to be long for me
Good trades
If you want to support my work and my charts please like them..
Renkotrade
ETHEREUM | Beginning of a new move upA new month begins in a few hours, which also means the future monthly pivot points have been projected. And it looks promising!
Not only are we at the bottom of a wedge but there is also the Support Zone which coincides with next months M2-Pivot.
The basic plan is to wait for a small pullback within the next few hours to Monthly M2 and/or the Support Zone and/or the bottom of the wedge and then BUY BUY BUY!
Then, If you are in the Trade watch closely if the Price breaks the 55 EMA because the price failed to do so the last three times, where it only touched and then bounced off of the 55 EMA.
Is Ethereum trading in a Ascending Triangle?It appears as though #EthereumForPrimeMinister is trading in a Ascending Triangle, or a bull flag on a larger time frame, also there's very little resistance until the 400ish to 413ish USD area, if this pattern plays out properly.
Time will tell per usual.
More sideways, nothing bullish so farWe created a pennant within the big triangle. Looks like the price will play around the pennant for a couple of days and after that could break it down looking to touch the base of the big triangle. This big triangle actually look more like a rising wedge than anything else, and you´ll know what happens when a rising wedge is formed after a big long term downtrend. Meanwhile ADX is loosing strength in the main TF´s and is forming bearish divergences everywhere.
But for now we have to pay attention to breakdown of the pennant and after that to the base of the wedge, since we don´t want to be trapped by bulls and so far at least the first 15-20 days of April looks pretty well for a rally.
As always I´ll keep you guys updated, thanks for your support :)
Ethereum(ETH/USD)-SetupEthereum pair follows the bitcoin suit and surged in price recently.
Lets look at the 4Hour-Time Frame for the significant price levels.
Bullish Case:
As we can see on the chart, pair(ETH/USD) has broken one month long downtrend-line(red line) on 7th February'19 and surged 40+% in price since then.
It is testing a preliminary resistance level around $150+ and might have a healthy pull back to 1st line of support(Green bar) around $139.If the price level doesn't hold then second line of defence for bulls will be around $127-$129.Also, the pair has surpassed 200H-SMA(Simple Moving Average) and penetrated through ichimoku cloud which might act as preliminary support if any pullbacks occur.Breaking major resistance around $173+ price level will be strongly bullish for the pair and will test $200+ level.
Simply put, laddering buy orders around $139-$126 price level with tight stop-loss, can be profitable for traders as well as investors for coming weeks.
Bearish Case:
If the last line of support around $120+ doesn't hold then it would be strongly bearish for the pair.
Also, STOCH-RSI and MACD is moving into the bearish zone which signifies a coming small drop.
Simply put, if someone bought at around $139-$126 price level then it should sell asap if the $120 price level breaks down.
Long - Buy Pivot on the Weekly chartBuy pivot on the weekly chart is good indication that we should see higher prices for Ethereum .
The has also entered a demand zone (where price exploded out of a range back in May 2018). May a run to safety away from the volatility of the Equity markets.
Price has also closed above the cloud on the daily chart , which is also a
good sign for to long for long entries. First target should be the 300 handle.
Megalodon Trading - Ethereum - Short Term BullMegalodon Pro+ Long Term Isolator is green on 1D. Pull backs on Megalodon Pro+ Short Term Isolator on 240 or 60 will bring a good trade for ETH/USD
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Enlighten others
ETH Charts Looking PromisingEthereum has been doing relatively well the past two weeks. After hitting a yearly low of $170 earlier this month the ETH market has been mostly staying up above the $200 level. Now that Google reversed it's ban on crypto ads and the overall cryptocurrency market is rising, ETH joined the party. ETH is up only 5% but the charts look promising. The RSI is healthy and the trend is looking bullish. There is strong support right at the $214 levels, and current resistance is at $240.
ETCUSD - My Bearish OutlookSo from what I see Ethereum like Bitcoin is also forming a symmetrical triangle. Because I see both patterns as being very similar and the outcomes most likely similar I have just copied over most of my Bitcoin analysis.
In my Bitcoin chart that I just published, I explained how In most instances, the symmetrical triangle is a continuation pattern which unfortunately would mean more downside for Ethereum.
Symmetrical triangles also indicate a period of indecision in the market which plays out as a pattern that moves sideways as bulls and bears fight for dominance.
As you can see by the chart we are seeing classic signs of the symmetrical triangle or contracting wedge , there is the continued tightening or coiling of the consolidation pattern along with decreasing volume as the pattern tightens
and pressure builds so when the breakout does occur you can usually expect it to be accompanied by a large spike in volume .
Generally, with a symmetrical triangle, the breakout will occur near the 1/2 or 3/4 point of the pattern, to me, it looks like we are very near the 3/4 point so I would say a breakout is imminent.
Looking at the chart I can see pretty good support around the $500 level and if that does not hold I see even stronger support in the $400 area and then in the $300 area.
Just based off what I am seeing in the chart I am bearish in the short-term (weeks or months) but remain bullish long-term (years). I will be watching the price action closely for possible trade opportunities and also for opportunities
to pick up more Ethereum at discount prices to add to my long-term holdings.
Comparative Chart of Ethereum (ETH) and Humaniq (HMQ) price in $Ethereum (ETH) compared to Humaniq (HMQ) coin price. Clearly visible how ETH outperformed HMQ in the last year. Maybe it is time for a reverse. Technically Humaniq looks quite good while on the other hand ETH seems very bearish right now. I am long both coins but believe in 2018 HMQ will outperform a lot. Plus lot of fundamental drivers on the back-end!
ETHEREUM is Still Struggling, But Will Come Back Soon - See WHY!Hey lovely Friends!
D4rkEnergY is back! This time we will take a look at Ethereum. D4 is generally a big fan of ETH. But lately ETH has not fared that well compared to BTC. Many people in the community were out there and claiming, that ETH soon would take over BTC position as Market Leader, and soon would take over the domination of the Global Market.
But I think we clearly can ascertain that that is not the case for now. BTC tend to fare better than all the other Alts, when we have uncertainty in the market.
BUT, BUT, BUT Ethereum will come back with more power than EVER, and D4 will explain you why.....
First let us take a look at the 4h ETHUSD Chart. D4 warned you last time, when ETH finally had found support on the up trendline , dotted green line, that we probably would fall through due to the uncertainty in the market.
Hereafter we managed to climb up again, but this time we were facing a HS pattern , and didn't manage to make 3 higher highs, why we fell through. A bear flag took us even lower, and we now have found support at the 61,8 % retracement level. I've said it many times before, but BTC is the leader and will dictate the market, so also ETH will wait for Daddy to give directions.
So when will ETH have a great comeback? D4 will tell you. The reason why ETH hasn't done that well lately is because of many ICO's have postponed their launch. ICO' startups knows when we are in a market with uncertainty, people are not willing to invest in them. Most of the ICO's accept payment in Ethereum. So there is a clear correlation with the amount of ICO' offerings out there and the price of ETH.
So when BTC will go through it's inverse HS pattern and people will feel more comfortable and get their belief back in the market, we will again see ETH take a rocket ship to the moon!
D4 loves you <3
PS. Guys, I have now more than 800 messages in my PM. I cannot answer all of them. I'm really sorry. Next Wednesday the 14th the PARTY WILL begin, and D4 will explain everything to you guys directly from our HQ in Seoul! Be patient. It will be crazy. Please give a BIG LIKE and FOLLOW, and D4 will make you rich!