Ethereum Price Technical Analysis 03/03/2016 – Buying Dips Worked
Ethereum price surged higher and created a new high above $9.5. Let’s see whether it can rise further in the near term. Intraday Support Level can be $7.80. Intraday Resistance Level may be $9.00. Ethereum price rocketed higher during the past two days. Both days we were looking to buy Ethereums and our plan worked perfectly. First, we were looking to buy with a break, and then yesterday, I suggested to buy dips. The price did correct a few points down yesterday, and then found buyers. There was a sharp upside reaction after the correction was completed. The price climbed higher and even....
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Ethereum price showed more positive signs, and traded higher. Can it continue to trade higher and can we buy more? Key Highlights. Ethereum price continued to trade higher against the US Dollar, and posted yet another break. Yesterday’s idea of buying dips in the ETH/USD pair worked, as it moved higher. There is a bullish trend line formed on the hourly chart (data feed via Kraken) of ETH/USD, which can be considered as a support area on the downside. Ethereum Price Buy. Ethereum price ETH regained traction against the US Dollar, as there were more upsides noted. The price broke a couple....
Ethereum price continued to gain traction against the US Dollar, and it looks like the idea of buying dips may still work in the short term. Key Highlights. Ethereum price surged higher against the US dollar and posted healthy gains during the past 24 hours. My yesterday’s idea of buying worked and it you entered a trade, then it’s time to take profits if not already. A new bullish trend line is formed on the hourly chart (data feed via SimpleFX) of ETH/USD, which can now act as a support area on the downside. Ethereum Price Buy. Ethereum price ETH climbed further higher against US Dollar,....
Bitcoin price moved higher after a minor correction as forecasted. Read more how BTC/USD can trade from the current levels. Bitcoin price surged higher and after a minor correction managed to gain bids for another upside move. I highlighted a plan of buying dips yesterday, which worked perfectly, and now I think it is time to book profits as BTC/USD is heading towards a major resistance area and it is not worth the risk. The price stayed above a major bullish trend line formed on the hourly chart (data feed from Bitstamp), and also managed to break a minor bearish trend line on the same....
Ethereum price moved further higher, and buying dips played well. Now, can ETH/USD continue trading higher and test $15.00 once again? Key Highlights. Ethereum price did not stop climbing against the US Dollar Intraday, and moved above the $14.00 level. My yesterday’s idea of buying dips worked perfectly, and if you entered a trade, then I suggest to book partial profits. Also, yesterday’s highlighted bullish trend line formed on the hourly chart (data feed via Kraken) of ETH/USD continued to act as a support area. Ethereum Price To Move Further Higher? There was no stopping Ethereum price....
Ethereum price moved back higher, but the upside was limited. Can it correct lower once again? Can we buy one more time? Ethereum price completed a correction phase around the $11.00 support area recently and our trade worked perfectly. This week I suggested that buying dips may be a good idea in ETH against the USD. The same did wonders, as the price moved higher towards the $12.50 area. Around the stated level, there was a resistance trend line on the hourly chart (data feed via Kraken), which stalled any further gains. The price is currently moving back lower and heading towards the....