26-04-2017
07:20 am
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Tag: ethereum trading

Ethereum Price Technical Analysis ETH

Ethereum Price Technical Analysis – ETH/USD Break Near? No Comments

Key Highlights There was no major upside move in ETH price, as it maintained its bid tone above $53 against the US Dollar. There is a connecting bullish trend line formed with support at $52.90 formed on the hourly chart (ETH/USD, data feed via SimpleFX). The price is just trading below a major resistance area at $53.60-80 and looking for a break higher. Ethereum price is trading jus...


Ethereum Price Technical Analysis ETH

Ethereum Price Technical Analysis – Can ETH/USD Hold This? No Comments

Key Highlights ETH price remained above the $53 support area against the US Dollar, and looking to extend gains. There is a new short-term bullish trend line with support at $53.10 formed on the hourly chart (ETH/USD, data feed via SimpleFX). The price remains on the edge, and may soon either break above $53.60 or below $53.10. Ethereum price is trading above the $53 support against ...


Ethereum Price Technical Analysis

Ethereum Price Technical Analysis – ETH/USD Trades Positive No Comments

Key Highlights ETH price remained in an uptrend, and moved above the $52.40 resistance against the US Dollar. There are now two bullish trend lines with support at $52.80 and $51.80 formed on the hourly chart (ETH/USD, data feed via SimpleFX). The price may continue to move higher, and may even break the $53.60 resistance for further gains. Ethereum price managed to pop above the $52...


Ethereum Price Weekly Analysis

Ethereum Price Weekly Analysis – ETH/USD Back Bullish No Comments

Key Highlights ETH price after a couple of downside swing move towards the $47.50 level found support against the US Dollar. There is a monster bullish trend line formed with support at $49.90 formed on the 4-hours chart of ETH/USD (data feed via SimpleFX). On the upside, the pair needs to break the $52.80-53.00 resistance area for a sustained upside move. Ethereum price is back in t...


Ethereum Price Technical Analysis ETH USD

Ethereum Price Technical Analysis – ETH/USD Retains Bullish Bias No Comments

Key Highlights ETH price after a sharp decline towards $47.40 against the US Dollar found support and recovered. There is a new connecting bearish trend line formed with resistance at $51.40 on the hourly chart (ETH/USD, data feed via SimpleFX). The price may dip a few points to $50.80 before finding support for the next move. Ethereum price after a sharp decline recovered and moved ...


Ethereum Price Technical Analysis ETH USD

Ethereum Price Technical Analysis – ETH/USD Breaks Down No Comments

Key Highlights ETH price after trading towards the $52.40 level against the US Dollar failed, and moved down. Yesterday’s highlighted connecting bullish trend line with support at $49.90 on the hourly chart (ETH/USD, data feed via SimpleFX) was broken. The price traded sharply lower towards $47.40 before starting a pullback. Ethereum price fell sharply earlier today against the US ...


Ethereum Price Technical Analysis ETH USD

Ethereum Price Technical Analysis – ETH/USD Buy Dips? No Comments

Key Highlights ETH price managed to gain traction against the US Dollar, and was seen trading above $51.50. There is a new connecting bullish trend line with support at $49.80 formed on the hourly chart (ETH/USD, data feed via SimpleFX). The price may continue to trade higher, and we may even see more upsides above $52.00. Ethereum price remained well supported against the US Dollar ...


Ethereum Price Technical Analysis ETH

Ethereum Price Technical Analysis – ETH/USD Set For Next Move No Comments

Key Highlights ETH price looks like gaining bids for a move higher above the $50 handle against the US Dollar. Yesterday’s highlighted contracting triangle pattern formed with resistance at $49.05 on the hourly chart (ETH/USD, data feed via SimpleFX) was broken. The price is now moving higher, and may soon break the $50 handle. Ethereum price traded positively during the past few s...


Ethereum Price Technical Analysis ETH USD

Ethereum Price Technical Analysis – ETH/USD Set For Next Move No Comments

Key Highlights ETH price after trading as high as $50.99 against the US Dollar moved down, and found support at $47.10. There is a contracting triangle pattern formed with support at $48.10 formed on the hourly chart (ETH/USD, data feed via SimpleFX). The price is also supported above the 100 hourly simple moving average at $48.55. Ethereum price after a decline from $50.99 to $47.10...


Ethereum Price Weekly Analysis ETH

Ethereum Price Weekly Analysis – ETH/USD Trades Positive No Comments

Key Highlights ETH price was mostly bullish against the US Dollar, but was not able to break the $53.50 resistance. There was a major bearish trend line with resistance at $43.70 on the 4-hours chart of ETH/USD pair (data feed via SimpleFX), which was broken. On the downside, the 100 simple moving average (H4) may act as a support at $46.05. Ethereum price is trending higher against ...


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