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Author Topic: ETH next move  (Read 654 times)
funcryptoco (OP)
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May 23, 2019, 12:41:30 PM
 #1

If you interesting to trade
According to technical analysis, the ETH will up to the resistance around 245(may fail to reach to 245), then down to around 215, check the chart for more details.
https://screenshot.net/mq490i4

coinporch
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May 23, 2019, 01:42:20 PM
 #2

If you interesting to trade
According to technical analysis, the ETH will up to the resistance around 245(may fail to reach to 245), then down to around 215, check the chart for more details.
https://screenshot.net/mq490i4



a simple analysis with trend line,, anyway what timeframe did you use it to analyze the charts mate
maybe a little corrections will come to eth and other cryptocurrencies
but, thats only for a while, because after that a strong price movements will push the price up  Wink

The Seller
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May 23, 2019, 02:23:57 PM
 #3

Yes, hopefully this will really happen, I see now the market is undergoing a correction and hopefully it will end soon followed by a strong push for further price increases.

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May 23, 2019, 02:54:52 PM
 #4

I wish you were right. Otherwise, last year’s scenario may repeat when growth began in April and ended in May.

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May 23, 2019, 03:01:46 PM
 #5

Yes, hopefully this will really happen, I see now the market is undergoing a correction and hopefully it will end soon followed by a strong push for further price increases.
Accumulating period for investors who believes that the market will be much stronger after this corrections, panic sellers will be victimized again by  this uncertain situations, if you are planning to work with this project for long term investment, buying more and allow the reversal to happen will not affect
your holding , keep it and enjoy watching the rise and fall.

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bittraffic
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May 23, 2019, 03:37:38 PM
 #6



Yes, hopefully this will really happen, I see now the market is undergoing a correction and hopefully it will end soon followed by a strong push for further price increases.
Accumulating period for investors who believes that the market will be much stronger after this corrections, panic sellers will be victimized again by  this uncertain situations, if you are planning to work with this project for long term investment, buying more and allow the reversal to happen will not affect
your holding , keep it and enjoy watching the rise and fall.

Yep I think I'd enjoy watching the market goes up and down for maybe more than 3 years til we see a major bullrun like 2017. News has become a powerful tool for crypto, after the cracking down of mixers, prices suddenly drop. Early June we may be hearing another good updates, price may rises up again and once another mixer or probably exchange is hacked price will dip again.


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styca
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May 23, 2019, 03:48:32 PM
 #7

I think ETH is more dependent on BTC at the moment. If BTC suddenly starts going up, then ETH is likely to as well. And if BTC drops then ETH will drop.
I can't see ETH going a different way to the rest of the market in the short-term.
Oceat
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May 23, 2019, 04:35:33 PM
 #8

I think ETH is more dependent on BTC at the moment. If BTC suddenly starts going up, then ETH is likely to as well. And if BTC drops then ETH will drop.
I can't see ETH going a different way to the rest of the market in the short-term.
It is since most of the time when Bitcoin changes prices those altcoins will also follow too, unlike before where both altcoins and Bitcoin have a different trend. But now they seem to have the same trend as Bitcoin too, so if Bitcoin grows today then probably most altcoins will grow too.

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May 23, 2019, 04:45:22 PM
 #9

This is just a prediction no one knows what will be the price of any crypto like ETH but like the above said I think the price of ETH is also depended on Bitcoin price so always make sure that you also buy some ETH today and buy again if the price of eth drop to 215 because I believe that ETH will increase more due to upcoming development(Just heard from others) if this is true it might push the price higher than BCH.
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May 23, 2019, 05:48:22 PM
 #10

If you interesting to trade
According to technical analysis, the ETH will up to the resistance around 245(may fail to reach to 245), then down to around 215, check the chart for more details.
It can be right or wrong, technical analysis is sometimes correct but not all of the time it is. But I've learned that we can't really tell where it's going, we see it swaying from time to time.

And there's no assurance that it will increase most of the time but as long as it has gotten out of $100, I'm good with that pricing. The impact of bitcoin halving can eventually be felt by ETH in a positive view soon.

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May 24, 2019, 07:04:17 AM
 #11

If you interesting to trade
According to technical analysis, the ETH will up to the resistance around 245(may fail to reach to 245), then down to around 215, check the chart for more details.
https://screenshot.net/mq490i4


I wish I was really interested in trading, this would have been a great tip for me but unfortunately, I would rather prefer to continue holding my coin so that I dint make mistakes that are uncalled for. It is far easier and less tensed for me to hold than to trade because if I am to always follow tips like the one you give, what happens to period that you are other analyst are not available to give the tip.

If I am interested in trading, I think it would be better for me to personally do my own technical analysis, then I can be responsible for whatever decision I make in the trade without having to blame my loss on someone’s tip if it goes wrong.
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May 24, 2019, 08:22:59 AM
 #12

I think ETH is more dependent on BTC at the moment. If BTC suddenly starts going up, then ETH is likely to as well. And if BTC drops then ETH will drop.
I can't see ETH going a different way to the rest of the market in the short-term.
In crypto market both BTC and ETH are follow the same way because of investors and trading time. Most of the time it will move forward and backward at same duration so some peoples are like that. But Investors is the only reason for all the pump and dump so it will continue in further days.

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May 24, 2019, 08:27:47 AM
 #13

Well great drawing and analysis here

I would assume that ETH break the $200 level
So $200 should be a significant support level for bears to breach if they wanted to
It would not be easy to breach that level because we can see the volumes actually multiplied compare to months ago
Unless majority are the seller, else i don't see it goes beyond $200
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May 24, 2019, 08:35:05 AM
 #14

If it dips it's just time to buy more haha  Grin  Grin  Grin
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May 24, 2019, 10:18:29 AM
 #15

If you interesting to trade
According to technical analysis, the ETH will up to the resistance around 245(may fail to reach to 245), then down to around 215, check the chart for more details.
https://screenshot.net/mq490i4



Those charts with lines dont working, if it was so easy all of us became rich in 1 year, crypto market is manipulated and people who doing that can draw all kinds of charts you want buddy, nobody knows what will happen tomorrow, you got to be very careful.
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May 24, 2019, 11:15:32 AM
 #16

I think ETH is more dependent on BTC at the moment. If BTC suddenly starts going up, then ETH is likely to as well. And if BTC drops then ETH will drop.
I can't see ETH going a different way to the rest of the market in the short-term.
yes right my friend. but seeing the current situation allows ethereum to reach even higher prices. seeing the current development of bitcoin soaring significantly. and this will have an effect on ethereum which will follow the price of bitcoin

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May 24, 2019, 01:49:52 PM
 #17

technical analysis has never worked for any of the altcoins, specially those that rely on hype and pump and dump so there is no reason for that to change now and suddenly start working for them now. your analysis here isn't that good to begin with either in my opinion. currently there is a nice stability to bitcoin price and everyone is starting to pump the altcoins as the money is now moving to altcoins to increase before bitcoin starts rising again and altcoins get dumped hard again. so there is a good chance that ETH is among the list of coins that soon are going to get pumped but for now other hyped up coins are taking all the attention from day traders so there is not much money left for ETH.

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May 24, 2019, 02:38:45 PM
 #18

I also think that technical analysis never give the correct move of the price, and even if somehow guess it, is possible after some grow to have a drop, but anyway i think Ethereum is a coin to hold for long.
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May 24, 2019, 02:46:20 PM
 #19

If it dips it's just time to buy more haha  Grin  Grin  Grin
Same here, if it dips under $220-230 i will buy more ethereums. Sorry to OP but i'm not trusting thing like that, i prefer check the chart by myself and predict by my self.

By looking at the market condition, i think ethereum price will stable at $250-$300 until the end of the month

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May 24, 2019, 04:46:53 PM
 #20

ethereum is still good to invest..even if it reaches 250 still good to buy. remember the ath price last time
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