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Vitalik

Ethereum Ready to Bounce to $200Start of October, ethereum broke its July downtrend, the one from the spike up in June to $380. Now, it looks like its ready to make another move higher. Ethereum and all of the other altcoins have slowly been gaining in their bitcoin values since the beginning of September. The Bitcoin dominance is dropping slowly but surely. Now ethereum is hovering around 169-172 right at that 4H support. Its held this 169 considerably strongly, meaning I don't think we're going to see a lower price in ethereum. All this dip was is just consolidation from the previous spike up, not a bear market, or the coin is dying, no nonsense like that. Just take a look at that spike up to $221, that happened in the span of 3-4 days. Of course we're going to see an even more aggressive sell off to another low, then re-accumulate to do it all over again. Ethereum looks like its ready to blow through that 188 level, because it has already 1st touched and closed over it. 1st touches reject 95% of the time. It even closed above and tried to regain the uptrend as support. Now, next time we come up and test the uptrend, we will regain it as support and ethereum will continue heading upward. As always please do your own research, I am not a financial advisor.
KRAKEN:ETHUSDLong
by kyer
12
Today`s ALT!!! ETHBTCBINANCE:ETHBTC Exchange : Binance Coin: ETHBTC Buy Zone: 0.022 ~ 0.0215 Target Point: 0.0239 / 0.0253/ 0.0268/ 0.029/ 0.032 S/L: 0.0208 Risk: MIDDLE - HIGH Term: Long It`s making Bullish Pennant and The Volume is slowly down The chart and RSI are similar in shape, especially support line is the same When the price of BTC is down, ETH used to be used for Hedging ===================================================================== Today`s ALT is that information is raised regardless of the Coin market situation So sometimes there`s a high risk trading Investment is your responsibility. I'm just providing about coin`s information =====================================================================
Long
by timbearr
ETH BULLRUN ?!We can see a nice bulltrend on ETHEREUM vs USD pair. The global support trendline it's still holding and also we have the really strong support from 200MA weekly. RSI bounced from 40(which means,ETH it's bullish). The sell volume going down and probably soon(few weeks) the buyers will appear(green candles). Don't forget,ETH 2.0 coming in January 2020 and in May we have BTC Halving. Keep your bags and be patient. AFTER THE FIRST GREEN CANDLE(ON MACD) YOU CAN LONG ETH
COINBASE:ETHUSDLong
by CryptoC77
5
False Breakout on Ethereum Since Ethereum has been surging over the last few hours, let’s go ahead and check out its price action to see what may be next for investors. The first thing that we can observe on the price chart for Ethereum on the daily resolution is that the EMA-200 (purple line) is looming directly overhead to serve as a resistance for further price action. This is something that traders should definitely note. Potential Ascending Triangle Formation Many (including the author) have noticed what appears to be the makings of an ascending triangle (flat-top triangle). These are bullish continuation/reversal patterns that often lead to major gains. In fact, it is the fulfillment of this pattern that led to Bitcoin’s massive gains. Let’s see how Ethereum matches up with this chart formation on the daily resolution: From what we can see above, the current price action for Ethereum does have all of the trappings of a flat-top triangle. Let’s go to the current price action (down to the candle) to see if the current day’s price action reflects a true breakout: At first glance, it does. However, what is seen above should not be considered to be a true breakout. Why? When Volume Does Not Match Breakout, it is a ‘False Breakout’ Notice the lack of volume to accompany this move. That’s one of the classic signs of a false breakout. Relative Strength Index RSI = overbought, but that does not necessarily mean that the party is over. However, given the current volume for $ETH, resulting in a false breakout plus the strong overhead resistance that will undoubtedly be posed by the EMA-200 on the daily resolution, the author is currently a bit more bearish on Ethereum than the general crypto audience. Conclusion Without creating too lengthy of an exposition, we’re going to go ahead and opt for a short position on this trade, using the EMA-50 value on the H4 resolution as our guide here.
KRAKEN:ETHUSDShort
by librehash
5