Price Analysis: A Look at the Ethereum Charts

Price Analysis: A Look at the Ethereum Charts

Bitcoin has given up some it’s gains in the past 24 hours, but overall the chart has not changed in a few days. So lets take a peek at ethereum’s daily chart. Let’s start with a bear setup, and then we will look at a bull setup, to see if we can glean any information from the two charts that might give us a clue as to what might happen next in this asset: After that spike low, this is really the smallest bear setup we can make from the high. A few points worth noting is that the 1st arc pair contained price for several months until a breakout was stopped by the 1×1 Gann angle from the high....


Related News

Bitcoin Price Double Top

Bitcoin price has made a double in the BTC/CNY exchange charts and we might see a trend reversal today. However, the USD exchange charts do not confirm the double top pattern and we examine the confirmation signals for trade. This analysis is provided by xbt.social with a 3-hour delay. Read the full analysis here. Not a member? Join now and receive a $29 discount using the code CCN29. Bitcoin Price Analysis. Time of analysis: 15h05 UTC. OKCoin-CNY 15-Minute Chart. From the analysis pages of xbt.social, earlier today: A partial outcome for our expectations but we still do not have....

Bitcoin Price At The Crossroads

The bitcoin price charts are not giving uniform indications for all exchanges and the divergence is a signal that investors in different localities have different expectations for trend. The charts are equally weighted toward both advance and continued decline. Analysis identifies a critical level that will signal the medium-term direction of trend. This analysis is provided by xbt.social with a 3 hour delay. Read the full analysis here. Not a member? Join now and receive a $29 discount using the code CCN29. Bitcoin Price Analysis. Time of analysis: 05h24 UTC. BTC-China 1-Hour Chart. From....

Bitcoin Price Up On Rates Hike Fear

Yesterday's final analysis post identified a set-up for another wave of advance. Bitcoin price action, since, has confirmed the potential move - and it is, apparently, now underway. This analysis is provided by xbt.social with a 3-hour delay. Read the full analysis here. Not a member? Join now and receive a $29 discount using the code CCN29. Bitcoin Price Analysis. Time of analysis: 14h54 UTC. BTC-China 4-Hour Chart. From the analysis pages of xbt.social, earlier today: The chart, above, is a 4hr BTC-China chart, but the price pattern is consistent across eight of the most popular exchange....

Why Ethereum Could Hit The $12,000 Mark Before The End Of This Cycle

Price prediction for assets like Ethereum is a tricky one. This is because there is no sure way of telling where the market might turn after a massive rally. Analysts have now turned to the charts to try to use technical analysis to tease out where they think the price of the asset could be […]

Bitcoin Price Breaks Above Long-Term Trendline

Bitcoin price is slowly advancing after hitting $235 and 1440 CNY in an xbt.social forecasted breakout. This analysis is provided by xbt.social with a 3 hour delay. Read the full analysis here. Not a member? Join now and receive a $29 discount using the code CCN29. Bitcoin Price Analysis. Time of analysis: 14h18 UTC. Bitfinex 15-Minute Chart. Why The Preference For BTC-China Charts In Analysis? From the analysis pages of xbt.social, earlier today: Up close to the BTC-e chart and the continuing consolidation. This is not the price pattern that we're used to seeing during consolidation prior....