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ETH/USD Bears Testing 347.27 Technical Support: Sally Ho's Technical Analysis 27 September 2020 ETH

Ethereum (ETH/USD) pulled back early in today’s North American session as the pair depreciated to the 350.14 area after trading as high as the 362.86 area during the Asian session, just above the 362.38 area that represents the 23.6% retracement of the recent depreciating range from 390.41 to 353.72.  Traders are also observing that this intraday high was just below the 100-bar 4-hourly simple moving average. Some Stops were elected during the North American session below the 350.25 area, representing the 50% retracement of the recent appreciating range from 337.63 to 362.86.  Notably, the 350.00 figure also represents the 76.4%...

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ETH/USD Hovering 350: Sally Ho's Technical Analysis 26 September 2020 ETH

Ethereum (ETH/USD) was weaker early in today’s North American session as the pair depreciated to the 347.77 area after trading as high as the 358.12 area during the Asian session, stopping short of a test of the 200-hour simple moving average.  Traders then knocked ETH/USD lower to the 347.68 area, around the 50% retracement of the recent appreciating range from 337.63 to 358.12.  Chartists are observing that the 50-bar 4-hourly simple moving average has recently bearishly crossed below the 100-bar 4-hourly simple moving average.  Stops were recently elected above the 387.15 area during the move higher, representing the 61.8% retracement...

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ETH Got Lost

By Dmitriy Gurkovskiy, Chief Analyst at RoboForex On Friday, September 25th, the ETH rate is consolidating at around 540.07 USD. On D1, the pair is winding up a correction and gets to the verge of an uptrend, trading near 38.2% Fibo. A bounce off it will signal further growth to 500.00 USD. However, the price may still go down to 50.0% Fibo and continue correcting. The MACD histogram is below zero, and the signal lines have formed a Black Cross. Judging by all the factors, we may suppose that the pair will soon demonstrate another minor correction to the target...

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Technical Support at 337.81 Lifts ETH/USD: Sally Ho's Technical Analysis 25 September 2020 ETH

Ethereum (ETH/USD) gained ground early in today’s North American session as the pair appreciated to the 348.52 area after trading as low as the 337.63 area during the European session, a test of the 38.2% retracement of the recent appreciating range from 313.00 to 353.14.  Upside pressure later emerged around the 343.67 area, representing the 23.6% retracement of the recent appreciating range.  Stops were elected above the 345.39 and 347.22 levels, retracement levels related to the recent depreciating range from 353.14 to 337.63.    Chartists are observing that the 50-bar 4-hourly simple moving average has recently bearishly crossed below the 100-bar...

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ETH/USD Glides Higher from a Big Historical Level: Sally Ho's Technical Analysis 24 September 2020 ETH

Ethereum (ETH/USD) moved higher early in today’s North American session as the pair appreciated to the 343.21 area after trading as low as the 313.00 area during the Asian session, representing a test of the 314.17 area that represents the 50% retracement of the historical depreciation from 547.57 to 80.77.   Technical resistance emerged right around the 100-hour simple moving average during the North American session, and this area was also around a retracement level related to the recent depreciating range from 346.84 to 332.77.  Chartists are observing that the 200-bar 4-hourly simple moving average has recently bearishly crossed above the...

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