Ether
ETH to $70,000 (£56,834) by 2030- ETH isn't going anywhere, QNT, XDC and many other amazing projects are built on the ETH network.
- ETH is massively involved with this new world agenda along with BTC.
- I personally own 0 ETH because I hold QNT which will do much better than ETH long term, but they are both winners.
- In the 2017/2018 BULLRUN ETH hit the 89 FIB extension, so the 55 FIB extension will be easily achievable, also remember we will have utility bull-runs now as big banks and institutions are ready pump up crypto, however we need regulations first and all the shit coins need to go.
- NOT FINANCIAL ADVICE.
ETH last hope for bullsETH / USDT
Its look like all major crypto have same view
ETH as well in critical situation !
Too many tests of major uptrend support
But still the last hope for bulls here
If this support hold expecting bullish wave towards upper boundary of rising wedge
If failed = back to breakout point 1700$-1400$
Bears Aren't done yet ETHEREUMHi Traders,
ETH/USD Is showing pretty simple price action today, Yesterday price has tanked and broke out of support with very strong momentum.
I love that the resistance has not been retested as yet which will give me a chance to participate in this move if price pulls back.
Looking at how price has moved before the breakout, we can see that the support of 1735 Has been respected multiple times before it actually broke out. it also created lower highs each time which essentially created a triangle. Now that price broke out of it we can expect a retest and continuation to the downside.
Apart from the technicals, the current state of the global economy has brought lots of uncertainty and many investors are selling out of fear. This could fuel price to tank way more than my current target.
I will go into more depth about the global economy and how we can capitalize on the fear of others in the next few months. For now, let us enjoy the fact that we can make money in good and bad times.
Have a great weekend and keep pushing to get better.
Renaldo Philander
Ethereum ready to drop? Ethereum
Intraday - We look to Sell a break of 1698 (stop at 1751)
Daily signals are bearish. 1700 has been pivotal. Price action continues to gravitate towards crucial support levels with aggressive selling interest. A break of bespoke support at 1700, and the move lower is already underway. Price continues to trade within the triangle formation.
Our profit targets will be 1572 and 1552
Resistance: 1800 / 1900 / 2000
Support: 1700 / 1600 / 1500
Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
Ethereum break inbound??Ethereum
Intraday - We look to Sell a break of 1698 (stop at 1751)
Daily signals are bearish. 1700 has been pivotal. Price action continues to gravitate towards crucial support levels with aggressive selling interest. A break of bespoke support at 1700, and the move lower is already underway.
Our profit targets will be 1572 and 1552
Resistance: 1800 / 1900 / 2000
Support: 1700 / 1600 / 1500
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Ethereum - Descending triangleEthereum appears to be forming a declining triangle. Therefore, we will monitor it closely and wait for the breakout above the upper bound or below the lower bound. We are currently inclined toward the latter scenario, which will see ETHUSD move lower. That is due to our bearish view of the cryptocurrency market. As a result, we would like to set a price target for ETHUSD to 1700 USD and 1650 USD.
Technical analysis - daily time frame
RSI and Stochastic are bearish. MACD is bullish but still in the bearish territory. DM+ and DM- are bearish. Overall, the daily time frame is bearish.
Technical analysis - weekly time frame
RSI, MACD, and Stochastic are bearish. The same applies to DM+ and DM-. Overall, the weekly time frame is bearish.
Please feel free to express your ideas and thoughts in the comment section.
DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not serve as a basis for taking any trade action by an individual investor. Therefore, your own due diligence is highly advised before entering a trade.
ETHUSD - RSI AnalysisAn idea for ETHUSD
I expect the next bottom to form along the 200MA, which correlates well with the 200MA (green)
Areas in yellow are strong bullish entry points
The bottom point falls along these diagonal downtrend lines as does the top point
There seems also with the current top formation to be a large divergence on the RSI
Ethereum looking for a bounce!Ethereum
Intraday - We look to Buy at 1731 (stop at 1669)
1730 has been pivotal. Trend line support is located at 1730. We look to buy dips. Support is located at 1700 and should stem dips to this area.
Our profit targets will be 1898 and 1938
Resistance: 2000 / 2080 / 2150
Support: 1900 / 1800 / 1700
Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
Ethereum at key support? Ethereum
Intraday - We look to Sell a break of 1898 (stop at 1944)
1901 has been pivotal. Bespoke support is located at 1900. A break of bespoke support at 1900, and the move lower is already underway. Daily signals are bearish. 50 4hour EMA is at 1907.
Our profit targets will be 1782 and 1752
Resistance: 2000 / 2060 / 2100
Support: 1950 / 1900 / 1800
Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
Jamie Trade Idea - Buying EthereumTrade Idea: Buying Ethereum
Reasoning: Posting bullish flag formation, retesting previous support
Entry Level: 1932
Take Profit Level: 2069
Stop Loss: 1897
Risk/Reward: 3.91:1
Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis , as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Ethereum - Dip buyers are to be punished againSimilarly to Bitcoin, Ethereum enjoys the temporary lift up from the return of risk apettite and climbing stock market. We expect the bear market rally in the stock market to be short-lived. Therefore, we have no reason to change our medium and long-term outlook on Ethereum (we remain bearish). We expect weakness in the cryptocurrency to stay persistent throughout 2022 as fundamental factors are poised to put more pressure on the economy to Ethereum is highly correlated.
Technical analysis - daily time frame
RSI, Stochastics, and MACD are bullish; however, MACD stays in the bearish area, and Stochastics oscillates in the bearish area. The decline in the ADX reflects a temporary relief. DM+ and DM- are bearish.
Illustration 1.01
The retracement to 20-day SMA raises caution once again. The volume also does not tell a positive story.
Technical analysis - weekly time frame
RSI, MACD, and Stochastics are bearish. DM+ and DM- are bearish too. The ADX increases, suggesting that the bearish trend is not done. Overall, the weekly time frame stays bearish.
Please feel free to express your ideas and thoughts in the comment section.
DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not serve as a basis for taking any trade action by an individual investor. Therefore, your own due diligence is highly advised before entering a trade.
Ethereum - New lows to be formed in ETHUSDYesterday, we warned that the correction in Ethereum was nearing its end. A few hours later, ETHUSD broke down and fell approximately 10%. We continue to be bearish on ETHUSD, and our short-term price target stays at 1800 USD. However, we would like to set also a second price target of 1700 USD.
Technical analysis - daily time frame
RSI and Stochastic turned back to bearish from bullish. MACD is due to follow. DM+ and DM- remain bearish. The ADX remains strong. Overall, the daily time frame is very bearish for ETHUSD.
Illustration 1.01
Here is what we hinted at yesterday. The price retracement towards its 20-day SMA acted as a correction for Ethereum.
Technical analysis - weekly time frame
RSI, MACD, Stochastic, DM+, and DM- are all bearish. The ADX increases. Overall, the weekly time frame is bearish.
Please feel free to express your ideas and thoughts in the comment section.
DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not serve as a basis for taking any trade action by an individual investor. Therefore, your own due diligence is highly advised before entering a trade.
Ethereum to break important 1700 supportAfter an initial drop to 1700 important support, Eth has risen quickly above 2k figure and has spent the following 2 weeks in consolidation.
In the past 2 days ETH has lost 15% of its value giving us a clear indication that the previous range was in fact distribution.
At this moment 1900 should provide strong ceiling and rallies towards this zone should be sold.
In medium term EthUsd can drop to 1350-1400 zone for a test of 2017 high