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Ethprediction

ETH - 2h. We expect a repeat test of $1270.Yesterday's wild growth of BTC , provoked by tweets, you know who or bitcoin expiration, did not provoke ETH buyers to grow wildly. The ETHUSD price failed to break the previous liquidity range of $1420-1440 . Even the increased trading volumes did not satisfy ETH buyers to take control of the liquid zone, from which the correction began on January 25. At the moment, sellers are trying to take the initiative and keep the range of $1340-1350 to continue falling to the mark of $1270. There are two possible scenarios of price movement near this mark. So when sellers hit the mark of $1270 we'll come up with a new idea. However, at the moment the price of ETHUSDT is moving in a falling channel. Our subjective opinion - while the price of ETH below $1340 correction is not completed. However, the range of $1180-1200 is good for buying ETH, given the risks. __________________________ We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements. Subscribe to us and get daily concise analytics!
by P_S_trade
10
ETH-4h. Buyers are preparing to update the historic high!ETH investors received a nice gift over the weekend. Raising the price by almost 60% , buyers easily broke the critical range, which we wrote about in the previous idea - $800-840 . Having set a new local high of $1162 , buyers felt resistance in the range of $1123-1156. In the 15-minute timeframe, you can clearly see how the volumes started to increase in this range and the sellers easily turned the price. Thus, the ETH price went beyond the growth channel and is preparing for the main sale - the $1260-1350 range test . Breaking this range, ETH will update its historic high. The critical point for this growth scenario is the $840 mark . After breaking it, sellers will quickly lower the price to $750. our ETHBTC idea: ________________________________ We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements. Subscribe to us and get daily concise analytics!
Long
by P_S_trade
13
ETH-4h. Be careful in the $550-560 range!The hype around Ethereum 2.0. was able to significantly raise the price of ETH. However, buyers failed to break the $600-620 range. The last attack of buyers was on low volumes . The critical point for continued growth is $550-560. Above $620, buyers will once again be able to dream of a $840. _______________ We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements. Subscribe to us and get daily concise analytics!
by P_S_trade
2
ETH 12h Critical point 425 is again under sellers' control More than a month has passed since the publication of one of our most well-aimed ETH ideas . During this time, Ethereum was almost able to test the key level $425. Obviously, such ETH confidence is added by DeFi projects , which are mainly based on it. Also, according to the promises of the developers, Ethereum 2.0 can be implemented even in 2020. What do we expect from the ETH movement? In the coming days, it is important to follow the price behavior in the zone $418-425. If we manage to fix above this zone, then the price is likely to go higher in the range $444-450. It's too early to talk about the targets above. If buyers do not show their strength in the zone $418-425, sellers will be able to sharply attack down. First, to the levels $363 and $325-335. Globally, we expect a fall to the zone $286-293. ____________________ Each " like under the idea" boosts the level of our happiness by 0.05% . If we help you to be calmer and richer - help us to be happier :)
by P_S_trade
ETH - Interesting imminent movement ahead.In the next few hours we could see some more action in the price than what we have had throughout this beginning of August where the price has been oscillating between lows of $ 350 and reaching over $ 400 on a couple of occasions. If the triangle formation is fulfilled, we could see another impulse in ETH that would oscillate around $ 500, giving us a continuation to the new bullish rally that apparently is in play and that where now in view of 1h we can almost see that the moving averages 100 and 200 are almost very close. This point is a Fibonacci pivot between the $ 625 mark to watch for future long entries. In the event that the price corrects (in daily view it is still oversold) the first levels to consider would be $ 350 and around $ 325, which would allow us a lower price action to increase the purchase while waiting for a better signal. Also in a 4h view we can see that the RSI is descending although this does not mean anything yet about the direction it will take. What is your opinion? Thanks for supporting this idea.
BINANCE:ETHUSD
by harribatu