ETH/EUR Retesting broken prices or fake out?

Ethereum has pushed into fresh highs, breaking out of the wedge pattern. Price has now pulled back. Is this just a retest of previous structure, or a more sinister fakeout of resistance? If price holds this support we anticipate ETH will continue printing new highs.

ETH/USD Upside? Anticipating Fresh ATH!

We are anticipating new all time highs to form on Ethereum against the Greenback, as Crypto news reels are currently full of positive news about mainstream adoption of crypto. This trade idea capitalises on the 1H chart support trendline, with the RSI showing bullish momentum. As long as price holds this trendline we will seeContinue reading “ETH/USD Upside? Anticipating Fresh ATH!”

Eth Approaches Resistance – Will It Breakout?

ETH is approaching trendline resistance in a wedge pattern. Could we see price break out? Price action is cautiously bullish and the RSI is holding bullish levels. However, the ADX is on the decline, marking a trend that is losing momentum. If we see price bounce from here we could see the recent lows ofContinue reading “Eth Approaches Resistance – Will It Breakout?”

ETH/USD Upside – 24 Aug 2021

Ethereum is trading to the upside against the US dollar today. Price is holding above the previous highs and the 50 and 200 hour moving averages are both now acting as support. We anticipate continued upside into the key pivot at 3500. Upside Target: 3500 Violated Below: 3200 Entry: At Market

ETHEUR Upside – 12 Aug 2021

ETH/EUR is flying to the upside following US CPI data, which displayed increasing inflation. Technically the pair has pulled back and is now resuming upside, with all indicators pointing to upside. Upside Target: 2940 Violated Below: 2550 Entry Type: At Market

ETH/EUR Upside! 6 Jul 2021

ETH/EUR has broken the downtrend and is now moving to the upside. price has given us a retracement back into the moving averages and we anticipate further upside from here. The PPO and RSI are both bullish! Upside Target: 2053 Violate below: 1756 Entry: At Market

ETH/EUR Upside!

ETHEUR is finding support around the 200 day moving average, and the 61.8% fibonacci level. Technically the pair looks sound for continued upside, with targets at the 161.8% level. Fundamentally there has been large acceptance of crypto in the main stream – such as Paul Tudor Jones’ stating that 5% of portfolio’s should be bitcoin,Continue reading “ETH/EUR Upside!”