Ethusdshort
BTC+ETH (waves) 18/02/2020Hello friends!
In the cryptocurrency markets, price correction has begun.
To date, the primary correctional impulse(wave A) has been successfully formed. In the future, we should expect the tedious movement in waves B, which often do not allow to work.
We recommend looking for the completion of waves B and selling in wave C.
Good luck to all!
ETHUSD - 4HR TECHNICAL ANALYSIS - CRYPTOCURRENCY - ETH USDETHUSD looks like it wants to breakdown, but could definitely see a push higher if we don't reject around 230. 228.55 is where I want to see price move up to and then reject and that's where I will take my short. Stop loss just above previous high (232.5) area or slightly lower. Profits at/around orange lines below. Good luck out there, friends.
Clearly NOT financial advice.
ETHUSDT - support testETHUSDT - got a good reaction in the range of 217 dollars.
Now I will squeeze a good attempt to go again to test this zone and possibly with a break.
I take short 224.5 with extension 227 and stop 229.1
Take 217 and 208 $
This is just my opinion, and is not a call to action)
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ETHUSD Potential ReversalETHUSD 1H/4H chart is showing rounded top, if we do not break above 230 within the next week, we will likely to see a reversal breaking below the neckline of fib. This idea will be invalidated if we break higher above 230 and consolidate above the next fib area.
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This is a game of survival, stay alive and trade another day.
Crypto-thrones
ETH/USD short set up for (pullback)Above current market levels, traders see the 225.78 level as being an upside price objective with Stops likely in place above this area. Traders are interested to see how the market reacts around the 196.19, 195.32, 188.92, and 187.51 levels during pullbacks. Additional upside price objectives include the 224.71 area. Chartists note that price activity is trading above the 50-bar MA (4-hourly) and 50-bar MA (hourly), and that the 50-bar MA (4-hourly) is indicating above the 100-bar MA (4-hourly) and 200-bar MA (4-hourly) while the 50-bar MA (hourly) is indicating above the 100-bar MA (hourly) and 200-bar MA (hourly).
Price activity is nearest the 50-bar MA (4-hourly) at 188.81 and the 50-bar MA (Hourly) at 201.93.
Technical Support is expected around 195.32/ 183.33/ 170.00 with Stops expected below.
Technical Resistance is expected around 216.49/ 225.78/ 243.62 with Stops expected above.
Sell ETH/USD
Entry 1 222
Entry 2 224.40
Sl 230
Tp.1 218
Tp.2 210
Tp.3 202
Tp.4 196
BTC and ETH - complex (waves) 31.01.2020Hello everyone, dear friends!
Today we look at the price dynamics of Ethereum and Bitcoin.
Both coins are ready to beginning of the price correction, but the overall dynamics remains upward.
We do not recommend purchases in the current situation.
For buy Bitcoin, a good level is the support level at 8100.
For buying Ethereum, a good level of purchases is the support level at 160.
Sales are relevant in the case of updating local highs and only after breaking through the local trend lines.
Good luck to all!
ETH/USD TA Update (Support at 0.618 Fib?)ETH/USD
ETH found support at golden Fib 0.618 levels and currently testing the downward trend-line resistance of this channel.
The key area of support also coincides with the 100MA will have to benefit ETH if potential reversal to the upside happens in the coming days.
ETH/USD TA Update (1 More Push Up?)ETH/USD
ETH is quite holding this area of support strong as it bounces again on 50MA.
If ETH can maintain this level for the next 24 hours, there is likely a chance it could push up to retest the previous swing High at 178 regions.
Bearish scenario if ETH closes below this 50MA and upward trend-line support, we could see the price fall down the next key support area.
ETH/USD TA Update (Holding Immediate Support)ETH/USD
ETH almost touches the 180 price level but soon after Bitcoin drops, ETH also followed and the price reaches immediate support area at 165 regions.
If ETH can't sustain this level of support for the next 24 hours, it could further drop down to 158 upward trend-line support before we could see a bounce up from the price.