ETH gold timeETH has very strong support, the chart shows that we are targeting $5,000 and despite the price fluctuations, the main direction of ETH is the same
Ether
ETHEREthereum price develops an entry condition before a test of $5,000.
The outperformance of Bitcoin is likely to be sustained.
Downside risks remain but are limited.
ETH W BreakoutEthereum printing a clear W breakout with double bottom
Price target 5475 based on FIB
Common Structure VAXXART & ETHUSDSo interesting that even since 1973 a comparison like this can be drawn to the early days of ETHUSD
I have plotted a bars pattern to see if the commonalities will continue even further
Both start with a rising wedge, that is successful in breaking down.
One major difference however is that ETHUSD is on the daily chart, while VAXXART is on a Monthly chart. Still.
ETHBTC Dang, I really did not expect an ETH break just yet.
This makes me have different thoughts about the extension of this bull run (see my BTC.D graph for that quick wrap up).
So anyway, I have my resistance levels as seen on the graph.
I expect BTC maybe to have a chill out time, for the moment, whilst ETH takes the show away for a bit here.
That's all for now fam. :)
BTC.D (Bitcoin Dominance)Hello folks,
So, having a look at Bitcoin Dominance today.
With Ethereum looking super strong against its BTC value I think we may actually find another Alt Season to come.
Maybe we will see a bit of resistance, bouncing off the two support lines on BTC.D (as seen on graph). However, with Eth holding strength over Bitcoin, as well as ADA looking like it has bounced from it's Log graph lows, I think we should find ourselves with another couple of weeks noticing strong moves on ALT coins...
I am hoping here Bitcoin consolidates for the time being around this 55k-65k range. These next couple of weeks will give us a greater indication as to whether the bull run is extending its timeframe till mid 2022 Quarter 1, or whether BTC and thus the Crypto markets will breakdown.
Nothing to confirm just yet however, so I am not selling 'bear' news.
Two points to take away (or really just one main point).
- Major Alts looking stronger against BTC.
- BTC Dominance retesting lows.
Hot day here at Le Clec.
ETHBTC is Bearish trust meETHBTC is Bearish trust me. Shorting here with ratio 2:1, everything's on charts :)
ETH Ethereum: Is A Big Move Brewing?Hello friends, today I am completing a technical analysis on the 1D linear scale chart for Ethereum ( ETHUSD ), an altcoin cryptocurrency and the second largest by Cryptocurrency Market Capitalization.
#CryptoPickk notes the following:
1) Ethereum price formed a multi-month Cup and Handle Pattern which broke out at the end of October 2021. The re-test of the trendline happened a few days ago. It also coincided with a multi-month rising trendline (in green) where the price touched as well.
2) Ethereum price is currently headed to push through the all time high around $4,870 before going further up to $6,500. This would be a 39% price increase from the current price level.
3) The $6,500 range is the 1.618 Fibonacci Extension level, which is also the Cup and Handle Pattern target price range.
4) The RSI (relative strength index) recently bounced off the bottom trendline and is moving upwards. Breaking this trendline will have an effect on the price.
5) The Stochastic RSI (Stoch RSI), Money Flow Index (MFI) and MACD are all looking healthy.
6) The Volume is low but there is buying pressure picking up. If there is a large Volume candle that comes it, we can see prices moving up (or down) faster.
7) If the Ethereum price falls below the green colored bottom trendline, which has been significant support for multiple months, we could see much lower prices.
What are your opinions on this?
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk
ETH - breaking out from 6 months long consolidationETH showing some strength and breaking out from long consolidation.
If/when 0.618 Fib. level is turned into support 0.105 level (weekly close) is next region to watch for.
RSI also breakout trendline to the upside, overall Ethereum sentiment is good.
This graph appears to follow the view that Ethereum will replace Bitcoin as No.1. Let’s wait a few more months to see how it goes.
[crypto] Ethereum - ETH - Expecting Pullback to DCA zone?Ethereum - ETH - Expecting Pullback to DCA zone? ETH stair-stepping it's way upwards? We will see? Edutainment Purposes only!
ETHUSDT-LONGThere is a long position in ETHUSDT
Attention: The potential for descending is strong, if we reach the first target we will risk free (break-even) the trade.
Futures ETHUSDT Ethereum
🔵Long Now or set on Key Level 3902.00
🟢Target 1 4209.00
🟢Target 2 4415.00
❌Stop loss 3821.50
#K_Level
Ethereum 4h tfHello cryptofolks
This is my projection for Ethereum price action based on past impulse fractal
Personally expect more correction but who knows maybe not
Let me know about your idea in the comments
Thanks
-Goodluck
ETH Ethereum Black Friday DiscountPlease look at the 2020 Black Friday discount!
That was the moment to buy the dip!
Afterwards it went up 732% by mid May 2021.
Do you think Ethereum will have the same pattern by the end of 2021??
ETH Ethereum - How Low Can We Go?Hello friends, today you can review the technical analysis on the 1D linear scale chart for Ethereum ( ETHUSD ), an altcoin cryptocurrency.
#CryptoPickk noted in the chart:
1) The Ethereum price has been forming a multi-month rising wedge pattern noted in the yellow trendlines.
2) Within the pattern, the price is currently within a rising channel pattern noted in the red trendlines.
3) There is multi-month Bearish Divergence as noted by the higher high price and lower high RSI and Stoch RSI (oscillators).
4) The price has potential for a further drop from current price with a potential retest of the 100 MA (orange line).
5) The 100 MA is in the same range of the top of the Ichimoku Cloud, which is potentially going to support the price.
6) Looking at the Fibonacci Retracement, the price has potential to re-test the golden pocket (0.65-0.618 levels).
7) If price comes down to this level, it has a chance to correct a further 10% to $3,650-$3,750 price range.
8) The RSI ( relative strength index ) is not oversold yet. It has a chance to go further down.
9) The Volume is consistent but not a major spike yet. If there is more sell pressure, we may see a major red candle on the Volume.
10) The Volume Profile (VPVR) shows further support right below the area noted above at around $3,500-$3,550 range.
11) If the price has a free fall downwards, expect the price to re-test the bottom trendline which means we could get below $3,000 on the yellow bottom trendline. Consider stop sells at this time.
What are your opinions on this?
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk
ETHUSD | Ethereum 1H Analysis - ETHParking most of my ETH into USDC as I'm seeing short term downside of about 50% nominal going into the New Year.. This should close out the Daily timeframe correction, which started in mid-May.. Expecting us to see ATH again and beyond after the sell-off is completed.. Seeing the same thing for BTC so perhaps now is a good time to try out ETH3S and BTC3S.. The minimum play is to park in USDC or USDT to ride out the downside.. USD is set to gain some strength during this time so this will also work out in our favour.
Short to triangle! As you see in my analysis it can go down and over in triangle until the market get the decision to go down or go up
Ethereums Arc shows the way towards $4840Ethereums Arc shows the way towards $4840. If it plays out, it should be a great short term play
Shiba Collapsed - Happy Danksgiving - Crypto to Cannabis Google trends and trade volumes would suggest that crypto is crashing this #danksgiving
Peak FOMO is behind us. Light trading volumes around will provide whipsaws and the volatility necessary to get some new green shoots. Crypto to cannabis reform. The gem.
Akaerna $KERN has the Cannabis Compliance Data SOFTWARE. CEO, Board Chair US Cannabis Council. Jessica Billingsley.
States Reform Act
NDAA SAFE Banking
MORE ACT
NORML
CAOA
BiPartisan ... FEDERALIZATION....
Cordano Long BiasHey guys hope you doing good.
New fresh demand created by the market. Now it is time to react that demand. Another side it seems nested levels within MN demand as well.
Good luck for the bullish traders.
ETHUSD Double Bullish Rising WedgeAn Idea for ETHUSD showing comparable structures in the current bull run
The rising wedge normally is considered a bearish one, however in this case, it is bullish . As shown by the first rising wedge
The second one will likely result in a larger rise as it is a bigger structural formation
It can also be seen that the previous peak is acting as a support for the current price
Points in white ovals are very similar.
ETH Arcs Mirroring BTCETH trend has mirrored BTC since July. From July to September the arc was nearly identical. Then from September to November there has been a very similar arc for BTC, while ETH has been staircasing up. ETH has now corrected back to the macro trend, and could be a good buy opportunity here, but I think this cycle has a few more days in the broader crypto market.
