Ether
ETH Sell the downtrend.Ethereum - Intraday - We look to Sell at 3333 (stop at 3395)
Daily signals are bearish.
The trend of lower highs is located at 3340.
We look for a temporary move higher.
Preferred trade is to sell into rallies.
Our profit targets will be 3163 and 3103
Resistance: 3200 / 3300 / 3400
Support: 3100 / 3000 / 2926
QTUM Daily TA : 01.15.22 : $QTUMAll supports and resistances are marked on the chart. As we can see, the price is in an important range and recommended to keep an eye on it ...
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⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 15.Jan.22
⚠️(DYOR)
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ETHEREUM IN IRREGULAR CORRECTION - Head and Shoulders formation?Looks like we are in Wave 4 of the 5 wave series for Ethereum A-B-C irregular correction
Macro-level
In a complex A-B-C correction
W(A) is a 3 wave (orange)
W(B) is a 3 wave structure and usually ends above W3 (purple)
Wave(C) is a 5 wave and drastically drops to the start of W(B) or a little lower
If we are in the downward cycle with the changes in the FED and other markers we might see this in an irregular correction to extend for some time.
Micro-level
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1) since we are in Wave (C) its going to be a 5 wave structure. I guess we are just completing W(1) in Wave(C)
2) we might see W(2) in W(C) go back up to 3985 mark
3) We see the right shoulder forming now with subwave w(2) and w(3) in wave (C)
Please comment and appreciate your feedback
ETH the prince is fallingHello Everyone.
In this chart, I plotted what I expect to happen next for Ethereum. Although some were expecting ETH to outperform BTC, the reality is that alts are often topping after BTC, so it was following a similar pattern to the king. There was a fake-out at the All-time high, signalling the reverse trend. From there, ETH has formed the first primary wave of wave C. I expect this Flat correction to end around the end of March, with eth going to 1650. There is a very small chance we may even see 1400 if the wave turned out to be more violent. This won't happen in a straight line. There will be a relief bounce around 2200 which will likely push eth back to 2700. After that, ETH will then head to 1650.
Although I tried to be as accurate as possible as the price chart update in the future, I will be more precise. However, I am pretty fund that we will see 1650 by the end of March.
This Hypothesis will be invalidated if ETH manages to break back above 4000.
Nevertheless, you can also appreciate that this idea agrees with the Elliott wave channel that I have drawn (thick black lines).
The good news is that after this painful correction, I expect Ethereum to top out at 20k, which has always been my final target. The timeline has only been delayed.
FAs always, make sure you use the proper risk management and place your stop losses. In the market is not essential to be right but to make money and preserve your capital in case you are wrong.
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ETHGBP D1 - Short SetupETHGBP D1
Again, another setup taken from last week, higher timeframe daily candles take a little longer to unfold, obviously. However, new week, it's important to highlight the full watchlist from the start and follow through what unfolds as expected!
More aggressive selling pressure on ETH as compared to BTC. Hopefully we see a bounce from £2300 up towards maybe £2500, before then selling off and breaking £2300 support with the potential to head down towards that £2000 region.
ETHUSD Heading Towards $3,242 SupportQuick update from my previous idea earlier this week, looking at the daily time frame of Ethereum and zooming out a bit from the 4-hour, we can see Ethereum has lost its support at the $3,500-$3,600 area and is now trading along support at the $3,431 level.
From here, i’m expecting Ethereum to follow Bitcoin’s movements, however, base case am expecting for Ethereum to retest the $3,242 level as well as the $3,162 level as its consolidating around the $3,242 - $3,431 accumulation area. Ethereum has lost its longer term uptrend and is trading below this downtrend, however, it isn’t something to worry about and will regain as the markets pick back up.
With the frothy stock market and looming price of Bitcoin, there could be possibilities for Ethereum to drop below $3,000 on a scam wick. Ethereum’s equivalent to Bitcoin’s 1.618 Fib level is placed at $2,709 and if the market makers are feeling good, we could see a scam wick down to that price. This is very off-chance and am expecting a $3,162 potential great target for Ethereum to bounce off of. This move also depends very heavily on the price of Bitcoin and I will continue to keep all of you updated.
As always please do your own research, this does not constitute as financial advice.
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 number of waves we had, the main waves 1 and 2 are certainly over, and in the case of wave 3, I must say that it is complete in our opinion.
Let's look at wave 4:
We see wave 4 starting, because wave 3 is in a good position compared to wave 1, and also the price has broken the orange trend line downwards, giving us confirmation for the start of wave 4.
Structurally, wave 4 will not have much depth compared to wave 2, and in terms of time it is too long or too short.
For this reason, we consider the correction of a triangle and from this correction a wave is being formed.
From wave a, we assume that the microwaves a and b are completed and we are now inside wave c, and when the range 3750 is broken down, we will be sure of the beginning of this wave, and we will consider its target as the motion of wave a.
This move took place and the descent formed and now we are waiting for the ascent for wave b.
But if the Fibonacci 0.38 is broken downwards, the movement will continue until the Fibonacci 0.50, which is abnormal in our opinion.
So we give the probability of climbing from this discomfort to around 3900.
Our view is that if the warning range (4500) is broken, the field is analyzed and these waves are part of the 3 main wave.
🙏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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ETHGBP D1 - Long Setup (DCA)ETHGBP D1
Very much the same investing stance on ETH as we have on BTC. We are looking for these daily support trading zones where we can look to average our entries to increase our position size.
The first support region (DCA entry point) would be £2350 ish, or as low as possible around the support region, you'll note we dipped to £2300.
A break beyond this trading zone would take us to around £2000, which again, would be a region where we look to further DCA.
Typically DCA on funds closed from previous highs and overperforming instruments. Close high, add low.
Overview of the Ethereum Bear MarketHi everyone!
Please hit the like bottom at the bottom right corner and hit the follow button for more charts and updates.
Here is my updated overview of the Weekly Ethereum ETHUSD Bear and Bull Cycles on the log scale. It seems at least for now the Megabull trend expired for Ethereum as expected around December 2021 with a top at $4,800-4,900.
Now a Bear Market is potentially starting but confirmation is needed with Sunday January 2nd's candle closing below the $3,860 1W Bollinger Midband.
There are major signals that cannot be ignored anymore on Ethereum at this point pointing to the Bear Market starting:
- Broke below the 1W Bollinger Midband at $3,860
- Broke its long-term log bull parallel channel similar to 2018
- 1W Momentum indicator flashing a sell signal similar to 2018
- An unconfirmed double top bear reversal at $4,400-4,900
I have also overlapped the 2018-2019's Bear Market's fractal to offer a quick comparison against the current price action. The last time we broke the 1W midband the the log parallel channel we dropped roughly 50%. Should we confirm this full-blown bear market, then look for a final bottom near $780-680 by October 2022 through January 2023 with a $150-100 margin of error.
Please note that the entire setup can be VOIDed if Ethereum regains and closes a Weekly above $4,250
Best of luck and happy trading!
Carl M.
ETH short updateI made a mistake on my last published idea. This is what it should look like.
The yellow line is the old local low set on December 29.
The green line is where we set the short.
Volume on selling rallies is way over moving average.
We are making plays based on the four hour chart. In this view of the one hour chart we can break the four hour candles down. And frankly they look good for short sellers because the sell pressure is strong.
If you made this play don’t forget to take profits. And don’t be greedy. Look for a false buy rally only if above 3500 to sell short: Preferably after at least one green hour. Optimally after three green periods.
Please follow the link to the original post there is more content. Just had to fix the chart here.
ETHUSD Reversing at 2.618 Fib LevelLooking at the chart of Ethereum on the 4-hour time frame we can see that Ethereum is fighting to regain the 2.618 Fib level as support, similar to Bitcoin trying to regain the $47,410 level.
This chart has been difficult to read for the past month, but seems to be a clearer picture now with what they're trying to do and that is accumulation. They're stopping out over-leveraged longs and stop losses before the big pump, reversing it unexpectedly when everyones out of the market.
If Ethereum can close over this 2.618 Fib level and regain it as a level of support, its going to break free of $3,927 and reverse back upwards to the $4,339 - $4,388 distribution zone.
As always please do your own research, I am not a financial advisor.
Long QRDOUSDTLong QRDOUSDT
I will enter this trade after a break and retest of the monthly open zone of 7.65
Entry trigger 4H close below the 7.64
1st target 9.5 zone
2nd target 13.24 zone
Invalidation daily close above the 5.71
Short-term selling opportunities on ETHETHUSD is currently in a downtrend on the H1 timeframe.
In the end of last year we saw a downside impulse which led to a consolidation.
Now, we're looking for the end of this pullback and another downside move.
The first target will be 3523$
Right now, price is inside of a sell zone and if we see a breakout above 4000$ then this setup won't be valid.
We will be following the development closely and in case of any changes we will have to adjust our targets!
Ethereum | Falling Wedge Formation..!!
#ETH (Update)
Forming Descending Wedge Formation in Daily timeframe.
If Wedge Broken Upside, Expecting +30-40% Bullish Wave (Ethereum will lead the #altcoins Rally 🏄♂️)
C'mon Bulls, Send it to New ATH..!!
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