ETH UPDATE (Can Pump More)Ethereum analysis from Behdark
With this complex market situation, the analysis must be constantly updated.
Ethereum seems to rise again after a temporary correction. If you have shorts, take them off for now. I think it will go up to the resistance range that I specified and then go back down.
If you have any questions, comment. Thank you
ETHBTC
ETH (strong try from bulls)ETH / USDT
Market on fire and in very critical point today
Currently We see strong try from bulls .. ETH is still trading inside our major descending triangle pattern and on edge between bulls and bears territories !
-Bullish movement will confirm after breaking-out
-If rejected from here …we will cancel our all short term bullish view
Keep your eye on this ETH chart its a good indicator for the market
Dont forget to support my effort If you have any questions or thoughts ask me in comments section below ⬇️
ETHUSD short-term tradeThe price remains in the descending channel.
We see 3 scenarios:
1. The price will breakout without the pullback and will go straight towards the resistance.
2. We will see a small pullback to retest the support of the descending channel and after that the price will move back up and break out towards the target.
3. The price will break down and will retest the support at 1270 usdt
MACD doesn´t look bad therefore we think that 1 and 2 scenarios are more likely than 3.
Ethereum/Bitcoin: Overview correlationEthereum look that has a bearish evolving in weekly timeframe, what it's a moment to sell Ethereum as Ethereum can to make a deep impact in front of U.S. Dollar in front of this bear market what crypto living today.
Also, it's obviously that Bitcoin it's still bearish, one of the best strategy to accumulate Bitcoin using altcoin it's knowing the 3 key points:
1. U.S. Dollar value
2. Ethereum/Bitcoin or Altcoins/Bitcoin
3. Using Bitcoin dominance (to know when Bitcoin it's weak as strong in the trend)
That it's a smart strategy that I ever learned throughout of my crypto-experience since 2018.
So, there're a lot way to accumulate Bitcoin like making trading and find up consistent ROI, hold Bitcoin and using the old strategy that I know when we analyze altcoin in the strong dominance, that will be the case that they rise up in front of Bitcoin value. An also, you can to make trading in some crypto-broker that offer a lot instruments in the financial market like Forex, stocks, crypto or commodities and the benefit of them it's when we see a U.S. Dollar strong, a Bitcoin strong, an Ethereum strong, we could to change it for the convertibility to fiat to Bitcoin or Ethereum, or Bitcoin to Ethereum, and more.
A good broker called Prime XBT offer it to trade this thing.
But well, more later I will deepen this theme about Bitcoin and altcoins
Technically, we see that Ethereum/Bitcoin look in this bearish side, as Ethereum look more weak in front of Bitcoin value, I hope a drop in the Ethereum in front of Bitcoin value that could to reach down toward 0.038 BTC in the next month, it's a good chance to buy Ethereum later to accumulate a lot quantity of Bitcoin or an smart strategy it's making trading and starting to buy Bitcoin now and find up a goal like 20% monthly and each month re-buy more Bitcoin and then successively. Because as right now Bitcoin and Ethereum down, later of this bear market, I look that Bitcoin could to take more influence in front of Ethereum and altcoins giving us a clue of what the dominance could stand up after that Bitcoin repeat the same cycle in 2019 when Bitcoin dominance climb and altcoin weak in front of Bitcoin value. But for that, its essential to know every situation of each altcoin as I prefer that Bitcoin goes climb and Ethereum still more weak in the next month, and also a fix target could be 0.023 BTC for Ethereum/Bitcoin.
So guys, this it's a fundament and vital information if you want to know where to invest your own money later of this bear market. First starting to buy Bitcoin and accumulate Bitcoin and keep away of Altcoins for now and starting to accumulate Bitcoin for now and learn to make trading if you want to grow up your Bitcoin assets. Until the U.S. Dollar still more stronger, it's a way to apply it and change Bitcoin or Altcoins for Dollar when Bitcoin/Dollar may to weak and then, you must to re-buy Bitcoin in the deep and hold it. It's very hard to understand it, but if you have an ability, you can to get success in crypto-markets .
I hope that this information support for you. A lot content like this will be created very soon!!!
Keep update!!!
#ETHBTC Consolidates, ETH Could Jump 25% if Bulls Break 0.068BTCPast Performance of ETHBTC
Bitcoin bulls have the upper hand versus ETH, per the candlestick arrangement in the daily chart. BTC has gained roughly 21 percent against ETH from early September 2022. However, at the moment, prices are consolidating with clear limits at 0.068 BTC and 0.066 BTC. A high-volume break above the middle BB may see ETH buyers take charge in a reversal. If not, there could be more room for BTC bulls to press in a bear-trend continuation.
#ETHBTC Technical Analysis
The extended consolidation of the ETHBTC has led to a BB squeeze in the daily chart. Sellers remain in charge, and BTC bulls may double down if there are gains below 0.066 BTC and the 50 percent Fibonacci retracement level. In that case, BTC traders may load up on every attempt higher with sights at 0.063 BTC in a bear breakout formation. However, risk-on traders may ride the wave higher, favoring ETH bulls if there is a breakout above the middle BB and 0.068 BTC. This breakout would align ETH with the primary trend established in the better part of Q3 2022. If Ethereum buyers take charge, there will be a high possibility of a retest of September highs at 0.085 BTC.
What to Expect from #ETHBTC?
Prices are stuck in a sideways movement after weeks of lower lows. However, from a top-down preview, buyers have the upper hand, as the price action of Q3 2022 reveals. Therefore, if there is an ETH-favorable break out above the 20-day moving average, prices could explode higher.
Resistance level to watch out for: 0.068 BTC
Support level to watch out for: 0.066 BTC
Disclaimer: Opinions expressed are not investment advice. Do your research.
Etherium - accumulation continues.Locally, after withdrawal of liquidity from the lower boundary of the range, the price continues to move in a flat.
On this situation I can say that they lure the shorts for further movement at the expense of stop losses.
I consider the opening of a long position.
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P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profits in fiat and make yourself and your loved ones happy.
Ethereum (ETH) - October 20Hello?
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(ETHUSD 1D Chart)
The key is whether it can rise above 1340.12 and find support.
To do so, it is necessary to check whether the stock is supported and ascends in the 1.13 (1228.15)-0.886 (134.25) section.
Since the short-term bearish channel is complete, we expect it to have a chance to reverse the trend by exiting it.
The interval 924.52-1196.81 is the interval that determines the trend.
So, if it goes down, we should see support near 1196.81 and see if it leads to an attempt to break out of the bearish channel by moving up.
The StochRSI indicator is showing signs of declining in the overbought zone.
Therefore, it is necessary to check whether support is confirmed in or near 1196.81, that is, 1.27 (1158.66)-1.13 (1228.15).
The volatility period is around October 21-24.
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** All descriptions are for reference only and do not guarantee a profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator contains indicators that indicate support and resistance points.
** HA SRRC indicators are expressed as StochRSI(line), RSI(columns), CCI(bgcolor).
** CCI indicator is expressed as overbought range (CCI > +100) and oversold range (CCI < -100).
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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Ethereum Versus Bitcoin: Getting TightBITFINEX:ETHBTC Ethereum / Bitcoin is getting curiously tight around the 50% Retracement Level. Price abhors a consolidation and one direction or another we can expect to see a fast move away from this level. It will be interesting to watch this near term answer to the debate of which currency is going to become more dominant...
See below for Higher Timeframe Analysis
Ethereum Analyze (Short term,10/15/2022))!!!Ethereum is running in a support zone where we can find the end of wave C in there.
I expect Ethereum can go up at least to trend line.
Ethereum Analyze ( ETHUSDT ) Timeframe 15min⏰(Log Scale).
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.
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#ETH/USDT 1DAY UPDATE BY CRYPTOSANDERSHello, welcome to this ETH/USDT 1 DAY chart update by CRYPTOSANDERS.
I have tried my best to bring the best possible outcome to this chart.
Show some support do hit the like button, follow and comment in the comment section. this motivates me to bring this kind of chart analysis on regular basis.
CHART ANALYSIS :
Ethereum (ETH):-After a very volatile week, Ethereum has managed to remain within its existing channel, closing the past seven days with a 1.4% loss. ETH found good support at $1,250 despite a long wick that violated this level briefly on Thursday. The resistance remains at $1,400.
The price appears to be taking its time before an attempt to break away from this long consolidation period that started in late September. Today’s daily candle is a bullish engulfing one which signals that buyers may attempt to retest the key resistance soon.
Looking ahead, ETH may continue to bounce between the key levels in its current channel. A clean breakout from one of these levels would change the current trend that has kept the price in a sideways movement. This equilibrium in market forces is atypical for Ethereum, and once that changes, the volatility will increase.
Sorry for my English it is not my native language.
Hit the like button if you like it and share your charts in the comments section.
Thank you
#ETH/USDT 1DAY UPDATE BY CRYPTOSANDERSHello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer all, thank you, guys.
ethereum UPDATE:- Ethereum was also higher in today’s session, as the token climbed back above $1,300, colliding with a key resistance point in the process.
ETH/USD rose to a peak of $1,335.10 earlier in the day, colliding with a key resistance level, at the same point in the process.
This is the highest point that the world’s second largest cryptocurrency has traded at since the start of the week.
However, since hitting this high, prices are now marginally lower with the token now trading at $1,328.51.
As can be seen from the chart, this comes as the RSI collided with a resistance point of its own, which is the 46.50 mark.
In order for ethereum to continue to climb, price strength will need to move above this current ceiling.
Sorry for my English it is not my native language.
Hit the like button if you like it and share your charts in the comments section.
Thank you
ETHEREUM 1D Bearish ChannelIn the daily time frame, it is in the descending channel, which according to the chart is close to the resistance range, if this area is broken, the trend will increase, otherwise we will have a correction to the bottom of the channel.
Its not Buy or Sell SIGNAL
DYOR
BY : M.TeriZ - @AtonicShark
BTC: 5 bearish reasons (2/5)Hi all! Why do I think the crypto bear market is not over yet? Keep reading...
This is serial of 5 BTCUSD ideas (with 5 bearish agruments) released one after another one at a time after reaching following criterions: This idea needs to get at least 30 likes (just click the 🚀 button) and 20 comments (mine included, just say "thanks" whatever) in order to "unlock" the next idea which I will publish (also here in comments) once the criteria are met and as soon as I can.
1st post of the series met the criteria, so now let's move on!
REASON #2: Bear Flag
So Bitcoin reached the all-time high @ 69K, dumped hard to 33K (flag pole), bounced as high as 48K and then dropped back down to 37K (consolidation). All that price action formed Bear Flag pattern (which is continuation formation) with target @ 12200. Clear break down out of the flag triggered the pattern. Now we are far away from the breakout point but on the other hand we are still quite far away from the pattern target. I mean from 20K to 10K it's still -50%, which is the same as from 40K to 20K. Anyway ... what do you think? Boost and comment in order to "unlock" the next (3/5) BTC bearish reason! Cheers!
Check my other stuff in related ideas.
Please boost🚀, comment🗣️, follow me✒️, enjoy📺!
⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
BTC: 5 bearish reasons (1/5)Hi all! Why do I think the crypto bear market is not over yet? Keep reading...
This is serial of 5 BTCUSD ideas (with 5 bearish agruments) released one after another one at a time after reaching following criterions: This idea needs to get at least 30 likes (just click the 🚀 button) and 20 comments (mine included, just say "thanks" whatever) in order to "unlock" the next idea which I will publish (here in comments) once the criterions are met and as soon as I can.
So let's get started!
REASON #1: Head and Shoulders
You probably saw this already elsewhere but...the devil is in the details (i.e. target can differ), also it's still absolutely legit. So Bitcoin reached the all-time high @ 69K, dumped hard to 42K, bounced and then dropped back down to 43K. All that price action formed Head and Shoulders pattern (which is reversal formation) with target @ 10200. Break of the neckline and several backtests (red arrows) with rejections just added to the pattern validity. Now we are far away from the breaking point (neckline) but on the other hand we are still quite far away from the pattern target. I mean from 20K to 10K it's still -50%, which is the same as from 40K to 20K. Anyway ... let me know in the comments what do you think. Boost and comment in order to "unlock" the next (2/5) BTC bearish reason! Cheers!
Check my other stuff in related ideas.
Please boost🚀, comment🗣️, follow me✒️, enjoy📺!
⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
Ethereum Analyze (Symmetrical Triangle,10/07/2022))!!!Ethereum was able to make a Symmetrical Triangle.
I expect Ethereum to go down at least to the lower line of the triangle.
Ethereum Analyze ( ETHUSDT ) Timeframe 4H⏰(Log Scale).
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.