ETH/USD - Page 60
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Thread: ETH/USD

  1. #1
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    ETH/USD


    Ethereum is an open-source platform for creating online services based on the blockchain technology. The units generated by the Ethereum platform are called Ether.


    Technical Analysis. forecasts,opinions, trading recommendations for ETH/USD

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  2. #591
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    ETH/USD price trades went up remarkably after testing the 225 level in past sessions, moving the price towards our main positive goal expected at 300, boosting the chances of continuing the upward trend in the immediate and short term.Thus, the upward slope will be likely to remain in the next period, provided that the price keeps it stable above the 225 level.
    Expected trading range for the day between 250 - 280 support and the Resistance.


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  3. #592
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    Ethereum during the trades yesterday morning failed to penetrate the $266.34 resistance zones and then failed to break the areas of support 246.09 $. Bounced from the $238.40 areas during yesterday evening trades towards the 256.36 $ areas. The currency we looked at is neutral as a result of trading between the $260.58 regions and even the $245.42 areas since the first hours trading From yesterday morning.


    It is expected that if the $238.40 zones are broken, you may target $204.45. On the other side in case of penetration of the $260.58 area may target the $245.42 area.


    Support: 246.09-225.33-218.12.
    Resistance: 266.34 – 279.69 – 300.00.


    Direction: Neutral


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  4. #593
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    ETH/USD price trading is confined to a symmetrical triangle model that shows its profile, which means that the 263.25 breakthrough will be a good positive stimulus that supports expectations by continuing the overall upward trend and thus opening the way to achieving our next target, which is expected at 300.From here, we continue to weigh the upward trend supported by the moving average 50 unless the level of 225.00 is broken and the stability below it.
    Expected trading range for today between support 230.00 and resistance 280.00.


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  5. #594
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    Ethereum with the start of today's trading, he bounced from the first support areas and continued to rise to the $263.65 areas of the morning. The currency during this morning's trades failed to end our neutral view as it failed to penetrate the areas of $260.58.Ethereum so far our view is neutral due to the continued trading between the $260.58 zones and even the $245.42 areas on the Hourly chart.


    Expect us unchanged due to the absence of impressive price movements during yesterday's trades, in case of breaking $238.40 areas may target 204.45 $. On the other side in case of penetration of the $260.58 area may target the $245.42 area.


    Support: 246.09-225.33-218.12.
    Resistance: 266.34 – 279.69 – 300.00.


    Direction: Neutral


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  6. #595
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    ETH/USD price is being tested to resist the symmetrical triangle, which now decreases to 261.00, waiting for the penetration confirmation to obtain a positive stimulus that continually enhances the expectation of the main upward trend, which targets the level of 300.00 as the next major station.Therefore, we will keep our expectations for the upward trend during the next sessions unless the level of 225.00 is broken and the stability is closed without the day.
    Expected trading range for today between support 230.00 and resistance 280.00


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  7. #596
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    Ethereum during the trades yesterday morning failed to penetrate the areas of $266.34 as a result of the pressure of the bear then landed to break the upward trend line and then broke the areas of $246.09. The coin trades in a downward trend that supports this trend, breaking the upward trend line and technical indicators that support the current downward trend and indicate its strength.


    It is expected that if the $230.39 zones are broken, you may target $204.60. While in the case of penetration $246.09 area may target $266.34.


    Support: 225.33-218.12-211.22.
    Resistance: 246.09-266.34-279.69.


    Direction: Bearish.


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  8. #597
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    ETH/USD price is a test to support the symmetrical triangle that appears in the image, and the price needs to stability above this support as a first condition for the continuation of the positive scenario proposed in our recent reports, which targets the 300.00 areas in the near term.Be aware that breaking levels of 240.00 and 225.00 will stop the expected altitude and turn the instantaneous and short-term trajectory downward.
    Expected trading range for today between support 230.00 and resistance 270.00.


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  9. #598
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    Ethereum with the beginning of yesterday's trades failed to stabilize the top areas of support first at the $246.09 areas and continued to land until the $230.54 areas. Ethereum bounced from $230.54 levels as a result of increased buyers ' resolve, thus penetrating the $246.09 resistance zones during the morning trades.


    Ethereum is traded in an upward trend under formation and the technical indicators turned to a positive attitude supportive of the upward trend. However, we do not recommend buying at this point until the downward trend line is breached.


    It is expected that if $241.79 areas are broken, you may target $217.05. On the other side as long as you trade the highest area $248.04 may target the $271.88 zone.


    Support: 246.09-225.33-218.12.
    Resistance: 266.34 – 279.69 – 300.00.


    Direction: Upward


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  10. #599
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    ETH/USD price has returned to the height and stability within the symmetrical triangle that appears in the image, indicating the price trend to resume the upward trend proposed in our recent reports, whose objectives begin to penetrate the level of 255.00 to obtain a positive incentive that contributes to the price of about 300.00 mainly.Therefore, the upward trend will be expected for the day unless the 225.00 level is broken and the stability is closed without a day.
    Expected trading range for today between support 230.00 and resistance 270.00.


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  11. #600
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    Ethereum during the last morning's tear-day trades, $246.09 levels were penetrated as a result of bull pressure and continued to rise to areas 258.15.
    During last Saturday evening's trades, the encrypted currency fell from these levels to re-test the areas of $246.09 and during last night's trades, and because of the increasing pressure of the bulls penetrated the downward trend line.


    Ethereum is traded in an upward trend under configuration supported by the penetration of the downward trend line during yesterday's trading and penetration of the $266.34 resistance zones. We do not recommend buying at this point until the $271.98 areas are breached to avoid stop losses.


    It is expected that if the $264.61 zones are broken, you may target $249.09. On the other side in case of penetration of the $271.98 area may target the $279.69 area.


    Support: 266.34 – 246.09-225.33.
    Resistance: 279.69 – 300.00-315.00.


    Direction: Upward

    https://i.ibb.co/WWTBHYf/ETHUSDDaily.png

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