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Ethprediction

ETH - 6h. Buyers want to test of $1760-1800The rapid fall of the ETH market made its investors think about the power of this coin. In 7 days, the price of ETH fell by 35%. The main horror that investors experienced took place on February 20-23 , when the price of ETHUSDT fell very sharply from $2000 to $1350. The sharp drop in ETHUSD was facilitated by a sharp correction in the BTC market: However, the complete surrender of buyers took place after the loss of the range of $1760-1800 . The chart shows that on February 22, sellers managed to push the price below this range on large volumes. It was after the retest of the range of $1760-1800 that the ETH market collapse continued with renewed vigor. At the moment, buyers are trying to form a new growth trend, but the initiative so far belongs to sellers. It is the test of $1760-1800 that will become clear, sellers still have strength to continue the correction. To continue the local growth of the ETH price, buyers need to hold the liquid zone of $1390-1440. A test of this range on low or medium volumes will give buyers a better chance of continued growth towards $1760-1800. P.S. Our ETH idea worked well and the price made a minimal correction. Therefore, we will soon make a new global ETH 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!
by P_S_trade
37
ETH-6h. How realistic is the optimistic scenario of growth 2200?Very slowly but surely, the ETH market is moving towards the goal of our previous idea : If we compare the nature of the ETH price movement with other coins, we see that ETH buyers are in no hurry to accelerate the growth trend and organize momentum growth. The price of ETH is slowly rising, testing the main support areas. After confidently keeping $1700-1750, buyers managed to update the historical high. However, since then the price has risen by only 8% . If we compare it with the growth of IOST or DASH , it becomes clear why we do not take into account ETH for trade. However, in this idea, we decided to consider an optimistic scenario of ETH price movements. Since the previous liquidity zone of $ 1850-1880 is under the control of buyers, there is a possibility that buyers will still come to life and be able to organize a sharp impulse to target $ 2200-2230 The main problem for this scenario is the ETHBTC chart As you can see from February 6, the price of ETHBTC is systematically reduced. Confident consolidation of the price above the green range will give a good signal for the formation of a new impetus for growth in the ETHUSDT market Therefore, we expect to achieve the goal of BTC e dslvsnws $56000. We hope this will stimulate ETH buyers to take decisive action) __________________________ 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
16
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