ETH ANALYSIS#ETH UPDATE.
#ETH broke above the resistance but could not hold above the blue box area due to selling pressure at the resistance and now it has lost the blue-yellow support on 4H candle.We might see a pullback again if eth could not close above the blue-yellow line.
Ether
Etherium - how the flat movement will end.The instrument continues to trade in the range min1218 - max1410. At the lower border of the trading range we don't see a pronounced buyer, as well as the lack of supply, this situation makes us wait for the logical completion and exit the flat movement into the trend. Trading inside the channel is possible.
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ETH ANALYSIS#ETH UPDATE.
#ETH is currently trading in symmetrical triangle and ascending triangle with blue-yellow lone as the support.In oredr to move upwards ETH needs to close above the blue resistance zone however a close below the blue-yellow support will result in another dump for eth holders.
Is a Falling Wedge Pattern Bullish?A falling wedge pattern is seen as a bullish signal as it reflects that a sliding price is starting to lose momentum, and that buyers are starting to move in to slow down the fall.
#ETH/USDT 1DAY UPDATE !!Hello 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 for all, thank you, guys.
ETH UPDATE:-Bitcoin wasn’t the only token impacted by Powell’s comments, with Ethereum (ETH) also trading lower in today’s session.
The world’s second-largest cryptocurrency fell to an intraday low of $1,267.87 on Wednesday, hitting a one-week low in the process.
Following a string of bearish sessions over the past fortnight, ETH/USD has recently moved into consolidation territory.
As can be seen from the chart, this has been between a support point of $1,230 and a resistance level of $1,300.
It seems that this sideways action has helped to curb a high level of bearish momentum, with the 10-day (red) moving average appearing to have found a bottom.
Should this be the case, it is likely that we will see further consolidation in the coming weeks, with the potential for a rally at some point in October.
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Ethereum (Proof of Work, 9/26/2022) Analyze!!!Ethereum Proof of Work was able to complete microwave 4 by zigzag correction, and I expect that Ethereum Proof of Work will touch at least the last top again(grow at least 35%).
Ethereum (Proof of Work) Analyze (ETHWUSD), Timeframe 1H⏰.
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Jamie Gun2Head Trade - Buying EthereumTrade Idea: Buying Ethereum
Reasoning: Pretty decent support level, price stalling here
Entry Level: 1284
Take Profit Level: 1396
Stop Loss: 1248
Risk/Reward: 3.11:1
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ETHUSD - The Merge - SOLD THE NEWSAs everyone and their mother expected, ETHUSD dumping after the merge.
Recently ETH outperformed Bitcoin a lot.
We consider the possibility that BTCUSD will hold a double bottom but we also expect the price to go sideways.
Meanwhile ETHUSD (and ETHBTC) will retrace to retest the key level at 1200 - 1300 usd.
If the bottom is in on Bitcoin, 1200 usd ETH support should hold .
In the next days we expect the price to continue dropping but some bounces on lower timeframes can occur.
MACD shows increasing negative momentum which suggests that the short-term downtrend will continue.
ETHUSD Long term Buy at 1200 - 1300 usd.
Ethereum might test ~$1420-1450Hi everyone,
Heikin ashi candlesticks are useful for identifying trend reversal, as you see on the chart we can see a Doji candlestick on the daily chart, A candlestick with a small body and long shadows. It always signals the presence of market uncertainties but when it comes to the Heikin-Ashi, it signals a trend reversal. Therefore, we might see a small and short rally up to 1420-1450 before further declining.
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We expect growth in the coming days ETHEREUM ETH priceAlmost two weeks have passed since the transition of the Ethereum from POW to POS
What did we get? Movement along the red route from our previous idea, as well as:
- reduction of mining of new coins by -86-90%
- falling ETH price
A little illogically. The prospect of a decrease in the supply of Ether on the market should have provoked a strong increase in the ETHUSD price
It is possible that the trading strategy of large deposits is currently being restructured, taking into account the new minting data of new ETH. And in the future the ETHUSDT price will resume its growth.
However, the truth will be that the launch of the MERGE coincided with, how we hope, "final fall" of the crypto market in 2022.
And while the BTCUSDT price was close to updating the minimum of 2022, the ETH price stopped at 27% above the June minimum.
Ok, in the coming days, we expect the ETHUSDT price to rise to $1575 . There is a crossing of several critical levels, so a correction from there will be very likely.
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Ethereum (Proof of Work, 9/23/2022) Analyze!!!It is better to take a look at Ethereum Proof of Work today, which has become attractive these days and can give us a lot of profits and losses.
Ethereum Proof of Work is completing wave 3, which is extended; I expect Ethereum Proof of Work to grow at least 20% to PRZ (Price Reversal Zone).
Meanwhile, SMA 21 also works well as dynamic support and resistance for Ethereum Proof of Work.
Ethereum (Proof of Work) Analyze (ETHWUSD), Timeframe 1H⏰.
Do not forget to put Stop loss for your positions (For every position that 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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Triangle Formation on EtheriumA distribution zone (triangle formation) appeared on Ethereum. It has a higher chance break down.
Important Fibonacci Levels:
-1000
-1220
-1400
-1520
-1640
-1780
#ETH/USDT 1DAY UPDATE !!Hello 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 for all, thank you, guys.
ETH UPDATE:-Despite the bullish fundamentals of Ethereum’s merger, the price of the second largest cryptocurrency has continued its downtrend and registered a 10% loss in the past seven days. At the time of this post, ETH managed to find some support at $1,250, but this level remains fragile.
The resistance is not far away at $1,400, and bears will likely come in strong if the price manages to rally to that level. Unfortunately for the bulls, the buy volume is just not there to push the price higher. With the weekend around the corner, the volume will likely drop further, and it’s likely that we will have to wait for Monday for any significant volatility.
Looking ahead, ETH seems more likely to remain in a downtrend. Only a clean break above $1,400 could reverse this negative bias. The indicators on the daily timeframe also give a bearish signal, and this is unlikely to change any time soon.
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XRPETH continues to rise above a bigger inv h&s necklineAfter reaching the breakout target of a much smaller inverse head and shoulder pattern, the price action on the xrpeth chart has continued to pump and is now sitting above 2 necklines of a much bigger inv h&s pattern. The only resistance it is yet to break above is the yellow horizontal neckline of a double bottom pattern that also doubles as a horizontal channel. Flipping that top yellow horizontal line to solidified support will be the final confirmation we need to know that the inv h&s pattern is going to get validated. There are 2 different breakout targets posted here for the inv h&s pattern. The smaller one is for if the white neckline is more valid and the larger target is for is the turquoise neckline is more valid. I get the feeling both targets will be reached in due time. I will post the chart of the previous idea that showed the smaller inv h&s not shown here down below. *not financial advice*
Ethereum can't be bullish nowHi everyone,
Please refer to my prev TA for more info.
FOMC soon and they will hike rates by 50-75 bps or 100 bps, who knows? It could be a perfect catalyst for the final drop.
Ethereum has a chance to 10x from here! $14,000!!Ethereum has been in a significant weekly RSI downtrend and it extremely close to breaking out of it. If Ethereum can manage to break up to a 90 on the RSI, that will put price at around $14,000, really really nice.
Ethereum needs to get back above the brown neckline asap. Ethereum is currently finding support near the bottom of the white descending channel. However, it needs to get back above the brown neckline of the head and shoulders pattern as soon as possible to avoid triggering the breakdown of the head and shoulders which has a target all the way down in the $800s. In order to do so it will essentially need to break upward out of the descending channel within the next few weeks. *not financial advice*
ETH USD daily chart hit big support on the button. ETH daily hit my support where I see
a possible
Retracement beginning to the upside…
it’s day
To day bc of the merge/FUD/negative
sentiment
Which makes me bullish and see the
next 12 months
Be life changing.
#ETHUSDT at Decisive Point.#ETHUSDT is dumping right after the merge.
Looking at the chart, ETH is so far trading right above the 100D MA, losing this level could take it to the lower support
levels around 1432 and 1251.
$1251 is a better demand zone IMO. IF IT GETS THERE I WILL BE HAPPY TO OPEN A DECENT LONG.
If you are new to leverage, just avoid it.
The volatility in the market over the last few months has been really very tricky,
People have lost a lot of funds,
I get many DMs about this so better wait for the dust to settle.
There always lies another opportunity.
Do your own research. This is not financial advice.
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Thank you
PEACE
ETH/USDT - LONGMy biased is Neutral on ETH due to the strong support spotted at 1283.
If resistance is breached at 1397 it is another potential EP.
ETH/USDT - SHORT----- Welcome, dear followers! -----
- Here is my trading methodology. I trade with a normal system and analysis of resistance and support, as well as price reversal patterns.
- For the record, I do not place a stop loss within my trades. So that I only risk 1.5% of my total capital in order to support the loss due to a price reversal against me.
- If a price reversed against my expectation and touched the drawn line r3, then I transferred targets to the entry point and waited for the price to close at it with a loss equal to almost zero.
- Today's deal is shown in the chart, and here are the entry and exit points below.
-- Support me with numbers and follow up on my account for other deals in the future. Thank you for coming to this part. --
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