• Cryptocurrencies: 2980
  • Markets: 20891
  • Market Cap: $225374967645.18
  • 24h Vol: $52090721804.949

Coin Calls: Ethereum

Ethereum – Buy Signal at the Stated Levels for several reasons

The Past 2 weeks saw Ethereum go towards a never-ending spiral to $300, before bouncing up and staying within the $319 level.

The spiral was brought on by the closeness between Bitcoin and Ethereum values as well as ICO’s who used Ethereum as their main store of value, liquidating their holdings into FIAT/Tether.

The fact that the past three days saw Ethereum stay above $312 has been excellent news, if this continues, we will see Ethereum try for the $370 level again.

The recent breakouts on the 1H Mark illustrate that Ethereum is trying to angle a way into breaking above the $324 mark.

The Nouvive Sentiment indicator is showing us negative signs, especially as there are gaps between $309 and $314.

Nouvive is awarding Ethereum a temporary BUY signal to enter Ethereum at the stated levels below.

 

Enter buy 25%: $306

Enter buy 25%: $307

Enter buy 50%: $310.50

Take Profit 100%: $346

Profit: 11% – Move Stop Losses up whenever in profit

Stop Loss: $303

Risk: 2%

Time Line: 1 Week

 

Nouvive: Home of Crypto Beginners, Traders & Investors. Nouvive provides Cryptocurrency trading news, Analysis and indicators for beginners, traders and investors.

Information on these pages contain speculative statements that involves risks and uncertainties. Crypto-Assets profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell. Nouvive does not in any way guarantee that this information is free from mistakes, errors or material misstatements. It does also not guarantee that this information is of a timely nature. Crypto-Assets involve risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing or trading are your responsibility alone. For more information, please view the Risk Warning Below.

Show Your Views:
  •  (0)
  •  (0)
  •  (0)
  •  (0)
403

ViFeed Indicators

Bitcoin (BTC)
$8324.24
43.00 RSI
-0.30%
Buy
Ethereum (ETH)
$184.06
43.00 RSI
0.01%
Buy
XRP (XRP)
$0.29
46.00 RSI
-0.09%
Hold
Tether (USDT)
$1.01
9.00 RSI
0.00%
Buy
Bitcoin Cash (BCH)
$224.24
34.00 RSI
-1.09%
Buy
Litecoin (LTC)
$55.36
37.00 RSI
-3.19%
Buy
EOS (EOS)
$3.12
32.00 RSI
-1.05%
Buy
Binance Coin (BNB)
$18.73
48.00 RSI
3.53%
Hold
Bitcoin SV (BSV)
$86.44
38.00 RSI
-0.79%
Buy
Stellar (XLM)
$0.06
61.00 RSI
2.08%
Hold
How did you get involved in Crypto?