ETH: Deep crash before going to the moon?

jacafbiz

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Quote from: suryapro on June 22, 2019, 10:34:51 AM

When did you find out about this information ?? because what I know, Ethereum has now experienced good progress and development. even though not too much progress has occurred, this is enough to prove that ethereum has improved.

There is one thing that makes me positive about this project and that is the level of development, I don't have the data but I have a sense there are more development on Ethereum than Bitcoin recently, apart from Blockstream I don't think of any again, and this would eventually resulted in to value, for this Q3, I don't see much of price movement with Ethereum, but the last quarter is going to be great with the coming Ethereum 2.0 set to be launched

bkbirge

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I like to think that when FOMO kicks in then Eth will recover against Btc and regain the former ratio, but who knows. I do expect it to rise in fiat price with any Btc gains but I would be much happier if it were to gain against Btc as well.

Distinctin

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Quote from: _Sergo on August 05, 2019, 05:30:53 AM

now the next stage of growth has begun and by October, bitcoin will cost about 16,000, as one cryptoexpert said. But ETH is still lagging behind in growth rates, and may grow even more, but where there is more growth, there is more risk.

If BTC can reach that rate, I won't complain even if ETH is still not gonna move, I'm pretty sure once BTC hits a new ATH, FOMO will begin and with FOMO, it's likely gonna affect the altcoin market, especially ETH.

_Sergo

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now the next stage of growth has begun and by October, bitcoin will cost about 16,000, as one cryptoexpert said. But ETH is still lagging behind in growth rates, and may grow even more, but where there is more growth, there is more risk.

leea-1334

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Quote from: puremage111 on July 29, 2019, 02:49:58 AM

Well if a bear market is there, market will only reverse when it touch the bottom
Reaching bottom means that (Market has no more supply to sells offs)
Thus people who buy is more now so the market went up

This is what anyone can say looking at any chart after it has happened. Of course market reverses after it touches the bottom, but that is exactly what makes it a bottom. If price does not reverse, then that is not the bottom.

Bottom does not anyway mean no more supply, but also no more desire to take losses, and change in sentiment. People want to go long contracts instead of short (in the case of contracts).

Free1bitco.in

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Quote from: puremage111 on July 29, 2019, 02:49:58 AM

Well if a bear market is there, market will only reverse when it touch the bottom
Reaching bottom means that (Market has no more supply to sells offs)
Thus people who buy is more now so the market went up

since the ETH dump, the recovery has not been so great until now. this affects other altcoins. Since the last dump, ETH prices have always been stable at current prices. the highest price ever achieved this year is $ 350, and that doesn't last very much. I'm sure, in the near future, the pump for ETH will also begin.

puremage111

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Well if a bear market is there, market will only reverse when it touch the bottom
Reaching bottom means that (Market has no more supply to sells offs)
Thus people who buy is more now so the market went up

junkerr

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Quote from: _Sergo on July 28, 2019, 02:14:12 AM

Quote from: ?? on ??

I think ethereum can go to the moon after the solve of scalability issues in the main blockchain Casper the proof of stake mining algorithms is so important for the price

you look on the one hand, the team is working, news is constantly coming out, but many cannot understand why air with its unlimited emissions costs $ 200 should be a price of $ 1-5

it could happen. but demand and community prices are high. if later everyone throws away eth, it's possible that what you say can become a reality. but everyone certainly does not expect that to happen.

_Sergo

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Quote from: ?? on ??

I think ethereum can go to the moon after the solve of scalability issues in the main blockchain Casper the proof of stake mining algorithms is so important for the price

you look on the one hand, the team is working, news is constantly coming out, but many cannot understand why air with its unlimited emissions costs $ 200 should be a price of $ 1-5

suryapro

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When did you find out about this information ?? because what I know, Ethereum has now experienced good progress and development. even though not too much progress has occurred, this is enough to prove that ethereum has improved.

jerald125

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After revaluation of ETH ( from $1600 to $90 ) it strictly repeats the movement of BTC. Ltc falls with the growth of BTC

wildey

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Quote from: Iceblast on June 22, 2019, 03:39:18 AM

Quote from: sanida on June 01, 2019, 07:28:24 AM

Last month was not really a good news for etherium, usually etherium will ride the uptrend like on bitcoins, but last month etherium is having a hard time climbing to $200 its not even close to become $200 now. but if its really going to the moon this year we just need to wait to reached it to even $400 this time.

ethereum arrangements are restrained by obstacles. I think now that ethereum just needs to go up slowly, I think when ethereum is slowly increasing maybe some other altcoins will go up and that will definitely happen. because ethereum is the main key in altcoin.

well, the thing that is certain is that when ETH prices rise, altcoin prices may also rise. it's just that, until now, ETH is so difficult to recover, even to penetrate the price of $ 350. I think the current recovery of ETH is indeed quite hampered.

Iceblast

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Quote from: sanida on June 01, 2019, 07:28:24 AM

Last month was not really a good news for etherium, usually etherium will ride the uptrend like on bitcoins, but last month etherium is having a hard time climbing to $200 its not even close to become $200 now. but if its really going to the moon this year we just need to wait to reached it to even $400 this time.

ethereum arrangements are restrained by obstacles. I think now that ethereum just needs to go up slowly, I think when ethereum is slowly increasing maybe some other altcoins will go up and that will definitely happen. because ethereum is the main key in altcoin.

MI6

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Quote from: Distinctin on June 22, 2019, 01:27:03 AM

Quote from: ivanserfg on June 21, 2019, 10:48:02 PM

so we approached the area of 11000 now or there will be a strong span of this area or hang up to 9000, and over the air, it is clear that he backed up the figure of $ 300, and when he breaks through, his movement should greatly accelerate.

We are at $300 now, that's something to celebrate, we should do as we might not see it again this year because price is moving fast, I'm not gonna be surprise if in the next month, we will be at $500 again, that's like $10,000K of bitcoin since ETH's ATH was over $1K.

Maybe ETH's last ATH can be reached again when don't know will follow bitcoin price or not. But usually increased price like this will expected to be new ATH. If people keep optimistic with it i think it is possible.

Distinctin

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Quote from: ivanserfg on June 21, 2019, 10:48:02 PM

so we approached the area of 11000 now or there will be a strong span of this area or hang up to 9000, and over the air, it is clear that he backed up the figure of $ 300, and when he breaks through, his movement should greatly accelerate.

We are at $300 now, that's something to celebrate, we should do as we might not see it again this year because price is moving fast, I'm not gonna be surprise if in the next month, we will be at $500 again, that's like $10,000K of bitcoin since ETH's ATH was over $1K.

ivanserfg

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so we approached the area of 11000 now or there will be a strong span of this area or hang up to 9000, and over the air, it is clear that he backed up the figure of $ 300, and when he breaks through, his movement should greatly accelerate.

kronos123

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Quote from: _Sergo on June 11, 2019, 05:06:02 AM

Quote from: goaldigger on June 08, 2019, 06:11:18 AM

I guess its a great strategy for the manipulators to eliminate those panic sellers then increase it after. It also will benefit those people who knows this kind of technique by eventually buying on the dip then selling on the moon. Playing with cryptocurrency is a matter of guts, patience and timing.

as long as the ether goes for bitcoin, it will repeat its movement. And now one well-known and influential person in the cryptoindustry said that as soon as bitcoin passes 10,000, he will reach 50,000 in 5 months, so there is a lot of interesting ahead of us.

That person is ignorant for two reasons:

1) Ethereum has its own well-defined graph and does not follow Bitcoin and, as you can see below, it has been following a descending channel for about 2 years, and now it will have to make a decision.

2) $ 10,000 is just a number and means absolutely nothing; everything in life follows cycles and waves, progressions and retracements.
If you really want an area to be monitored pay close attention to the $ 11,000 / 12,000 zone, which represents 50% of the primary cycle retracement; exceeded that area, IN CLOSING DAILY, then you can watch the old ATH of $ 20,000 .... from then on there are other progressions to observe but it would be too early to talk about it now.

Farma

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Quote from: Andrei_Workout on June 09, 2019, 01:12:44 PM

Quote from: goaldigger on June 08, 2019, 06:11:18 AM

I guess its a great strategy for the manipulators to eliminate those panic sellers then increase it after. It also will benefit those people who knows this kind of technique by eventually buying on the dip then selling on the moon. Playing with cryptocurrency is a matter of guts, patience and timing.

today, the market is slowly going down, and as you may have noticed, many are waiting for this fall to replenish stocks of cryptocurrencies at a cheap price and directs up.

well, if the perception is correct, then we only need to wait until the ETH price rises again. for now, ETH may have a fairly low price compared to the beginning of 2018. but, I feel that soon, the price of ETH will rise to the peak again. for this year, it might cost around $ 450, or even higher.

_Sergo

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ETH is not currently an indicator of movement, Maybe it's good, you see growth of LTC, buy ETH, and it starts to grow, before, Now LTC is growing earlier than others

cryptosignal.rocks

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Quote from: Distinctin on June 11, 2019, 08:30:29 AM

Nothing significant happens today, it's the same, price volatility strikes again, and bitcoin is still holding on, it's just hard to break the resistance for now

So it seems.

My trade setups for today

ETH/USD
14 Day RSI at 80% $364.5
14 Day RSI at 70% $291.3
Pivot Point 2nd Resistance $261.8
Pivot Point 1st Resistance $254.8
Biggest resistance 7 days $253.2
Take profit $251.0
Pivot Point 1st Support $234.2
14 Day RSI at 50% $232.4
Biggest support 7 days $226.5
Buy more $225.8
Pivot Point 2nd Support $220.5

ETH/BTC
14 Day RSI at 80% 0.04289
14 Day RSI at 70% 0.03622
Biggest resistance 7 days 0.03213
Pivot Point 2nd Resistance 0.03166
Pivot Point 1st Resistance 0.03129
Take profit 0.03123
Pivot Point 1st Support 0.03036
14 Day RSI at 50% 0.03090
Buy more 0.03006
Biggest support 7 days 0.03000
Pivot Point 2nd Support 0.02980

Buy signal: When the first buy signal comes, buy only if you have sold earlier with a higher price and can make a profit. Otherwise let the price go down, wait until the "Change one hour" turns to positive, and the price has hit a buy wall.
Sell signal: When the first sell signal comes, sell only if you have bought earlier with a lower price and can make a profit. Otherwise let the price go up, wait until the "Change one hour" turns to negative, and the price has hit a sell wall. Also as you can see, pivot point resistances are at $261.8 and $254.8.

Topic: ETH: Deep crash before going to the moon? (Read 22552 times)