ETHUSD - What nowWe broke the downtrend on ETHUSD!!
This one here:
Bitcoin and Ether played well off of each other to break some trends.
*Keep in mind that we have the bullish trend line that we've dealt with two MAJOR pullbacks in the past.
This also happens to correlate with the 3000 mark. So i think it will be interesting.
I could definitely see a pull back into the weekend, but likely not re-entering that downtrend we broke out of.
Nice big blue candle at the moment on the daily. But looks similar to 2021-07 pattern pullback.
If we bust through this, there is a good chance we go to 3400 and possibly 3515 in short-term.
I would love to hear some other ideas and references to others thoughts.
- May the odds be ever in your favour
Inaugural
Ether
ETH USD - Bearish trend continuationThe bearish trend has a high potential to continue after the latest rally.
This will be the third time we came back to the .236 retracement from the top
Continuing to follow the down trend both overall and the recent steeper decline
Note: Each of the fib retracements measure from the high to each of the three stops along the way during the downtrend, they all keep popping back up to the .236 retracement and then continuing descent.
The .236 retracement gets larger each time from the top as we descend.
It got some help as well from the 20 day bearish simple moving average at 2800.
Targets 2390, 2200 (for double bottom).
In the event we don't stop at 2200, the greater trend is broken and we are looking at 2000, 1852.... or 1700
- May the odds be ever in your favour
Where do we go from here? TKNFYWETH0.5 fib support
looks primed for a rise
Airdrop token (NFT Peeps)
Up ?!
ETHUSD - Bearish trend continuesThe bearish trend has a high potential to continue after the latest rally.
This will be the third time we came back to the .236 retracement from the top
Continuing to follow the down trend both overall and the recent steeper decline
Note: if you take the fib retracement and measure each of the (potential) bottoms on this downtrend, they all keep popping back up to the .236 retracement and then continuing its descent. Possible we head down to 1850 or even 1700. So the .236 keeps getting larger as this downtrend continues. It followed suit for the 3rd time at 2800 bearish hold.
It got some help from the 20 day moving average as well at 2800.
Targets 2390, 2200 (for double bottom), 2000, 1852.
- May the odds be ever in your favour
More notes:
- the left fib retracement is the start of the bull run - 1700 -> 4860
- the right fib retracement is the top to latest bottom - 4660 -> 2170
a short term long for your long term shortthis one is for the gutty. i am projecting the weekly candle to draw a higher up-wick, before closing around the mid 26xx region. such a close would mark the continuation of the short to 13xx in my aforementioned post(s).
trigger at 239x, triggered limit at 254x
target - 29xx
position at target - full close taking short entry
trade with caution
anything i post is at the very best, just an idea. it is not a suggestion for what you should do with your money, it is an archived entry of what i am doing with mine. any further correlation between our trades; including profit(s) and loss(es), is solely coincidental. my content is not intended to be interpreted as financial advice.
Ethereum Heading Lower? Ethereum - Intraday - We look to Sell at 2698 (stop at 2785)
Daily signals are bearish. Trend line resistance is located at 2700. 2725 has been pivotal. We look for a temporary move higher. Preferred trade is to sell into rallies. Short term momentum is bearish. Prices have reacted from 2815.
Our profit targets will be 2463 and 2383
Resistance: 2700 / 2800 / 2900
Support: 2600 / 2500 / 2400
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ETHUSD 2/3/2022 OutlookCurrently I am still hodling ETH
My view on the left side of this chart shows a double bottom along the 50% line of a used indicator.
I have been watching the chart on the right (monthly) for a little bit now and see a preceding small pullback, which "soon" will be followed with a MASSIVE green candle, just completely disregarding this recent dip buy opportunity.
I see ETH going to at least 8 - 10K, perhaps even further.
DigiByte vs Tether Hits Support | Change Of Trend? 1150%+The late 2020 support/low for DigiByte vs Tether (DGBUSDT) has been hit.
The last time this level was activated DGBUSDT went on a 950%+ bullish run.
This same level is being activated with a higher low in 2022... This opens the potential for massive growth.
Here we can trade easily.
The last low/support can be our stop-loss, a close below this level...
Our Fib. extension numbers can be used as targets if prices go up.
Low risk and very high potential rewards.
This is not financial advice.
Namaste.
ETHEREUM LONGS 📉📉📉📉 From a weekly perspective on a long term basis i am LONG on ETHEREUMS as price is in a bullish market strucutre coming back to fill the w1 imbalance and rejects the bullish orderblock on the same timeframe, if price is not closing bearish below 2000 i will look only for LONGS right into w1 imbalance 3600 or ATH's. We are in EXTREME FEAR right now in the crypto market.
What do you think ? Comment below..
ETH, false breakout as a good buying opportunity!ETH broke the trend line yesterday, but it was a bullish trap. After that, the price fell 14%. That's quite a big drop. During the fall there was volume at the bottom. This volume stopped the fall. An important key level is marked below. In case of a false breakout, there could be a good buying opportunity.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
ETH/USD EVERYTHING MARKED DOWN, EVERYTHING MUST GO! Bag Time^My 'hardwood area" price range is where I approximate the bulk of the institutional support to be for my precious falling ETH....It is looking like if the trigger is to be pulled, we may be coming up on the time to get in the proper stance and take aim. I would hate to see Ethereum fall through that beautiful wooden floor, but I think if we get there then there may be one more support area just above $1200?!?! Am I really talking about $1200 in a thread analyzing Ethereum in January 2022?! Well my friends...let the test for the leader in stable blockchains begin. Will you pioneer this young but potentially groundbreaking change in the worlds financial system as one of the leading blockchains? Or am I looking at a smaller, much quicker AOL (to compare it to it's lucrative predecessor, the dot com bubble). Will other blockchains like Cardano, Solana or Fantom gain traction, combine low energy and the scalability that Polygon offers #BUYMATIC to surpass the original bloackchain king? I guess I just typed out the question that is on everyone's minds anyway huh? Well I hope there are some expert traders out there that want to take a young trader (been trading for about a year) under their wing, or just offer some feedback on my approx future price movement guess for the next 3 months or so....Thank you guys, and I appreciate all the help that anyone can give. I have never tried to absorb so much information in my life, so there is a very good chance I may be missing several things...best of luck trading guys, let's get some of all of this money, huh?!?!
$ETHUSDEthereum Coin Price & Market Data
Ethereum price today is $2,460.16 with a 24-hour trading volume of $27,390,529,371. ETH price is down -5.7% in the last 24 hours. It has a circulating supply of 120 Million ETH coins and a total supply of ∞. If you are looking to buy or sell Ethereum, FTX.US is currently the most active exchange.
What is Ethereum?
Ethereum is a global, open-source platform for decentralized applications. In other words, the vision is to create a world computer that anyone can build applications in a decentralized manner; while all states and data are distributed and publicly accessible. Ethereum supports smart contracts in which developers can write code in order to program digital value. Examples of decentralized apps (dapps) that are built on Ethereum includes token, non-fungible tokens, decentralized finance apps, lending protocol, decentralized exchanges, and much more.
What is a Smart Contract?
A smart contract is a programmable contract that allows two counterparties to set conditions of a transaction without needing to trust another third party for the execution.
For example, if Alice wants to set up a trust fund to pay Bob $100 at the start of each month for the next 12 months, she can program a smart contract to:
Check the current date
At the start of each month, send Bob $100 automatically
Repeat until the fund in the smart contract is exhausted
Using a smart contract, Alice has bypassed the need to have a trusted third-party intermediary (lawyers, escrow agents etc) to send the trust fund to Bob and made the process transparent to all involved parties.
Smart contracts work on the “if this, then that” principle. Whenever a certain condition is fulfilled, the smart contract will carry out the operation as programmed.
What are the programming languages that are used to write smart contracts on Ethereum?
There are two popular programming languages that are typically used to write Ethereum smart contracts. The first one is called Solidity which has very close similarities to Javascript and C++. The other language is called Vyper which is relatively new that has very close similarities to Python.
Who created Ethereum?
Unlike bitcoin in which the creator who is known as Satoshi Nakamoto is unknown. The founding team of Ethereum are known individuals which includes Vitalik Buterin, Mihai Alisie, Anthony Di lorio, Charles Hoskinson, Amir Chetrit, Joseph Lubin, Gavin Wood, and Jeffrey Wilke. Not all the founding members are still with the Ethereum Foundation, as some has moved on to work on other projects. For example, Charles Hoskinson has moved on to work on Cardano, while Gavin Wood has moved on to work on Polkadot.
What is Ether?
While Ethereum refers to the blockchain network. The native currency that flows within the Ethereum economy is called Ether (ETH). Ether is typically used to pay for transaction fees called Gas, and it is the base currency of the network.
What is Gas?
On Ethereum, all transactions and smart contract executions require a small fee to be paid. This fee is called Gas. In technical terms, Gas refers to the unit of measure on the amount of computational effort required to execute an operation or a smart contract. The more complex the execution operation is, the more gas is required to fulfill that operation. Gas fees are paid entirely in ETH.
The price of gas can fluctuate from time to time depending on the network demand. If there are more people interacting on the Ethereum blockchain such as transacting in ETH or executing a smart contract operation, due to the limited amount of computing resources on the network, Gas price can increase. Conversely when the network is under utilized, the market price of gas would decrease.
What options are there to store Ether and ERC-20 tokens?
The 3 most popular Ethereum based wallets are Metamask, MyEtherWallet, and MyCrypto. However there are many other options available as well such as Argent, Trust Wallet, and Coinbase Wallet.
I heard that a new version is launching called Ethereum 2.0. What is that about?
Ethereum 2.0 is an upgrade that aims to solve the blockchain trilemma - security, scalability, and decentralization. In alternative smart contract platforms, they are designed to be highly scalable but compromises on decentralization. Whereas a highly secured and decentralized blockchain network would have the trade off being highly unscalable. Ethereum 2.0 brings a very different flavor of design that aims to addresses those issues by way of using Proof-of-Stake (POS), Beacon Chain, Sharding, and Execution Environment. Due to the complexity of the project, the developement will take place in 3 phases. A Proof-of-Stake Beacon Chain have been deployed and users are staking their ETH as a sign of confidence of the upcoming network. Research and development are still in progress to roll out the remaining phases.
ETH /USDT (Interval 1D)ETH broke out from rounding top pattern on a daily chart, I have marked the target of rounding top pattern which is $1248. This pattern can possibly play out with a flash wick down to this level. Another interesting thing to notice is that soon we will see death cross, Last death cross on ETH happened on Sept 2019 which lasted for over 4 months. ETH is barley holding $2480 support and as we all know supports turn to resistances in bearish trend so less likely ETH will hold. If you want to buy eth, Place ladder down buy orders to accumulate.
Ethereum (ETHUSDT) | good area to climb📍Hello traders, Ethereum in daily timeframe , this analysis has been prepared in daily timeframe but has been published for a better view in 2 day timeframe.
Based on the count we had for this currency, the 1st, 2nd and 3rd major waves are over, and we called it the 4th main wave, considering that the trend was not formed in the direction of the 3rd major wave.
We compared wave 4 in previous analyzes with wave 2 and said that this wave would be shallow and shorter in terms of time than wave 2, which was deep and long.
But due to the recent descent of wave 5 of the c-wave zigzag, it changed the notion that wave 4 would be shallow, as well as the structure we had for the wave.
Our idea now is that wave 4 is formed in the form of a zigzag that is almost complete or in the form of a flat that the c wave will be shorter than the other waves.
Generally:
We considered the descent to target 1.618 for the c-wave of the zigzag we identified in the analysis to be far-fetched, and expected at least half of this descent to be corrected.
And now we have a sideways trend that we will determine in the next analysis. This trend is an introduction to another decline to Fibonacci 0.618 for wave 4 compared to wave 3 or an introduction to ascent, which according to our calculations is more likely to ascend.
🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏
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