Coin_Analyst

Ethereum Short tf (4hr) analysis

BITSTAMP:ETHUSD   以太坊/美元
Etherium made a high of $1417.96 on January 13 2018 and hit a lot of $565.53 on Feb 6, 2018. Price action for Etherium can be described as operating in a bear channel for now. The main trend line (over price highs) is drawn with its parallel used to connect price lows to form the channel.

Price action currently is close to a resistance area for the channel. The key areas to watch are Support 1 and Support 2 as drawn on the chart.

The range for Support 1 is: $903.11 and $871
Range for Support 2: $787.17 and $753.28

If support 2 is overcome, then it is possible for bears to drive prices down to as far as the bottom of the channel which is ~ at $387.

The alternate scenario would involve the bulls breaking the bear channel . If this is the case, then price of Etherium could reach as far as $1721. This target is calculated by taking a vertical measurement of the width of the channel and projecting it from the break out point above the bear channel
Join Our Premium Research and Analysis Group.
https://coinanalyst.investments/become-a-member/
Email: coinanalyst.investments@gmail.com
ZH 简体中文
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 繁體中文
AR العربية
HE עברית
首页 股票筛选器 外汇筛选器 加密货币筛选器 财经日历 如何运作 图表功能 网站规则 版主 网站 & 经纪商解决方案 插件 图表库 功能请求 博客 & 新闻 常见问题 帮助 & 维基 Twitter
概述 个人资料设置 账号和账单 我的支持通知 联系支持 已发表观点 粉丝 正在关注 私人消息 聊天 退出