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
Ether
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.
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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.
Ethereum Pulls BackEthereum Pulls Back After Unsuccessful Attempt To Settle Above The 20 EMA
Crypto Markets Are Under Pressure At The Start Of The Week
Ethereum failed to settle above the 20 EMA at $4,300 and declined towards the support at $4,100 while Bitcoin moved back below the 50 EMA at $59,000.
Ethereum is currently trying to settle back below the support level at $4,200. If Ethereum manages to settle below this level, it will head towards the next support level at $4,100.
ETH Will see major recovery this coming period. Watch and Trade safe guys.
EthereumETHBTC on weekly time frame looks really bullish to me , as it stands above the previous resistance and playing inside a symetrical trinagle and ready to break out..
Will Ethereum follow a Head and Shoulders pattern?If it does, some more short term pain should be followed by a sustained move towards old highs.
ETHBTC Detailed AnalysisOn this chart I have used Fibonacci Circles and the Gann fan tool to create trends and alignments that only are seen when using these tools
The key takeaway from this in short, is the trend alignment along the bear circle and the bull circle, placing the current bull formation directly above it
Also, using prior dates regarding bear run beginnings and bullruns we can hypothesise the end of the current run
Which I place around mid 2022
Obviously I believe ETHBTC will not just hit, but smash the ATH with force before this time
Ethereum critical zoneHello cryptofolks
This chart is based on past fractal post crash
Expect some more correction but the impulse movement will be in up side
Stay safe
-Goodluck
Cryptomarket ready to go upEther also played back absolutely all yesterday's losses. My prediction of the end of the bearish trend came true. Let's go up now. In few days we are ready to test ATH again
ETH Trend LineThere is strong support in this area if this long term trend line breaks. It is certainly possible that it does, we are making lower lows and lower highs on the 2 hr time frame. Another lower low breaks the trend.
BTC and ETH - Blow off Top AssumptionsUsing the many cycles of the BLX ticker, and observing the many blow off tops, a top in which growth ends dramatically, assumptions can be made about the next top.
Using this on BLX we can apply this to ETHUSD also, as typically ETH will follow BTC
The ABC and green oval I am suggesting a subtle comparison between early ETH and early BTC , each containing three levels (a,b,c)
Ether USDThings are getting busy around here. Looking forward future all time highs in the coming future...
ETH ON THE UP TRENDthe price is still moving on a up trend channel , but the key point for us is the mid line of channel that hasn't break for few times
" we think on the next move the mid line will break "
ETHUSD Has been rejected here beforeAs price has approached this fib line
A comparison can be made with prior bullrun showing 3 rejection points, with the third rejection being the one where price breaks through and hits its prior ATH
This can be seen to be happening again and we are on the third rejection so ETHUSD is saying it will recover and pump to its ATH for this cycle
Looking for ATH at around ~8K
ETHUSD Major Bull RetestThe retest is easily observed with the price being above the major bull trend line
Similarities can be seen in the 1,2 annotations
This will be the final retest before major bull activity resumes
