#ethereumusd

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ETHUSD: Traders Waiting for a Momentum

ETHUSD: Traders Waiting for a Momentum

ETHUSD has been ranging on the daily chart. Yesterday’s daily candle came out as a doji candle. The support level where the price had several bounces has still been held. Thus, the buyers have the upper hand than the sellers. However, recent price action has been choppy, which makes the traders w...

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ETHUSD: Fasten Your Seat Belt to Ride on the Bear

ETHUSD: Fasten Your Seat Belt to Ride on the Bear

ETHUSD has had an upside pullback. For the sellers, it is more festinating that the breakout level is held by the daily candles and the level has even produced a bearish daily reversal candle. Today’s intraday price action has been bearish. The sellers are eagerly waiting for a daily breakout at ...

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ETHUSD: Is It Heading Towards the Lowest Low of 2019?

ETHUSD: Is It Heading Towards the Lowest Low of 2019?

ETHUSD has made a breakout on the daily chart which the sellers have been waiting for. Yesterday’s lowest low has been breached by intraday charts, so the price has been very bearish. In one word, this is an ideal chart for the daily traders to keep going short on ETHUSD. Let us have a look at t...

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ETHUSD: The Buyers Getting Ready to Dominate

ETHUSD: The Buyers Getting Ready to Dominate

ETHUSD produced a bullish day yesterday. However, the daily candle closed within the level of resistance which buyers have been waiting for a long time to be breached. Today’s intraday price action has been choppy. This means there is a possibility that today’s daily candle ends up being an ins...

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ETHUSD: An Intense Battle May Be on the Card

ETHUSD: An Intense Battle May Be on the Card

ETHUSD seems to have found a level of support which has the potential to produce a double bottom on the daily chart. Yesterday’s daily candle came out as a Doji candle. Thus, the price action suggests that the daily chart end up producing a morning star if today’s candle closes above the day bef...

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ETHUSD: Are Buyers Getting Ready Again?

ETHUSD: Are Buyers Getting Ready Again?

Ethereum has been trapped within a range on the daily chart. Earlier, the price was heading towards the North with a good pace, but a level of resistance came into play on its way. A strong daily bearish candle was produced on the resistance level. Intraday traders took advantage of it. Thus,...

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ETHUSD: Waiting for the Price to Come Out from the Range

ETHUSD: Waiting for the Price to Come Out from the Range

ETHUSD produced a Hammer yesterday on the Daily chart. The price had a bounce from a level where it had bounced earlier as well. Considering all the equations, it is very evident that the battle between intraday buyers and sellers has been very interesting on ETHUSD. The price has to come out...

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EthereumUSD: Ranging Zone Holds the Key

EthereumUSD: Ranging Zone Holds the Key

ETHUSD traders need to keep being patient. The pair produced a good-looking bullish engulfing daily candle yesterday. It all looks good for long traders to go long on EthereumUSD. However, the resistance level, where the price had a rejection already, has been intact. Thus, Ethereum traders...

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