ETHUSD - COULD IT HIT $180 SOON?IF I AM CORRECT AND ethusd IS FORMING AN upward channel, then we might be seeing ETHUSD hitting $180 dollars in a few days to a week. keep your eyes on xrpusd, and btcusd for the price action as that also affects this crypto
See previous analysis
PLEASE SUPPORT THE MOVEMENT WITH YOUR LIKES, COMMENTS AND FOLLOW FOR MORE
Ethusdidea
ETH/USD Promising Action!On the H1 chart for COINBASE:ETHUSD appears price broken through the S/R box with conviction on that second hourly candle after the impulse move. Finding consolidation above the box and at the 100EMAA could spell for another move up if volume stays heavy enough. Trade Responsibly.
Cheers
~Chloster
ETHUSD? what next movement? price analysis?Hey guys, i know it's quite late for short but can still grab some profit. Seem like market following down channel pattern from a very long time and recently tested it's resistance as per channel but before that we see a small consolidation near resistance and breakdown and market moving down and can test our support line (Purple) drawn and market can again consolidate nearby there. We will update our idea as per market till then happy trading.
ETH - Possible DOJI ReversalThis is the same graph that made me want to short the daily close before the recent DOWNFALL!
- Looking back, seems like a potential bounce could be incoming.
- See the past red & green boxes
- Doji has potentially formed on the daily!
Will be watching today for bullish activity...
- Weekly close should be interesting
- Bullish targets labeled above!
- Bottom shorters could lead to short term bounce
Looking for a LTF entry point...
Logical stop would be below the DOJI
Doji info: en.wikipedia.org(candlestick_pattern)#/media/File:Morningstar-wikipedia.jpg
ETH/USD, downtrend under 100 $Hi guys !
Today i shared an analysis on ETHUSD.
Ethereum looks not good and not ready to go up !
Currently, the last hope is the yellow uptrend from may 2017, now ETH looks use it to bounce and resist to lower prices, but i think it'll not enough.
For me, a big downtrend is formatting since the highest prices (more than 1000$, yes i know it was the good time) and can push Ethereum's price to 100 $ or less !
That's only my point of view, but for me it's really not the good time to buy more ETH.
Furthermore, RSI signal is on downtrend mode too and isn't a good thing.
The next weeks will be very interesting and important for everyone !
Thanks for your time.
ETH/BTC bounced up with Giant VolumeThere was Long — term down trend Since Jun 18. It finished near weekly level $198 with powerful Volume.
Lon -term trend can stop only such Giant position of Big players as we saw it on Ethereum chart.
For us It is a signal that the price can move up to Mirror level $362.
I prefer to maximize my potential profit, that's why I will open
A Long near: $231
S/L: $215
T/P: $344
What do you think about Eth? Write it in comments please.
P.S. Push like and subscribe if you want to see more signals in the future. I'll write when to open a deal if this post get 45 like.
Use proper risk management!
Ethereum creating Wave 5 little bullish !Hello guys this is ETHUSD 4 Hour Chart, currently Ethereum is on support zone & Elliott wave 4 and pullback from here will create wave 5.
After breaking resistances Ethereum retested the resistances as support by creating and following Elliot wave, so a bounce back will complete the wave 5
Kenji signals: sell ETHUSDToday, the indicator "Kenji" on the daily ETHUSD chart generated a sell signal.
Let's give some explanations on this signal.
This is the ordinary signal to open the trade with a basic volume .
According to the indicator, the price of ETHUSD is currently in the active downtrend phase (the area between the fast and slow average is colored red). At the same time, current prices entered the sales zone, which led to the formation of a "sell" signal. This short position remains relevant until either the market conditions change (for example, the downtrend changes to flat or uptrend), or a signal to close it appears (a red cross indicating a strong divergence between the price and average values).
Recall, work in a trend is one of the most comfortable and potentially successful trading options.
For reference:
The "Kenji" indicator is a brand new look at the average analysis. The main problem of most trading strategies and indicators based on the average analysis is a number of false signals in the case of flat and trend reverse (for example, frequent crossings of the averages, frequent changes in the direction of the averages, etc.). As a result, averages analysis cannot show its real power and effectiveness.
The Kenji indicator using a unique algorithm avoids the most common average analysis traps and significantly improves the quality of signals by determining the current state of the market (using the color indication "Kenji" shows the current state of the market: red color - downtrend, blue - uptrend, green - flat).
It generates signals for comfortable trading in a local trend. The indicator provides information on both the timing position opening and the moments of profit taking. It also helps to determine the level of aggressiveness of a signal. This makes the "Kenji" indicator a very useful tool both for novice and experienced traders.