Ether
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
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)
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
ETH 1D LOG SCALE - Support LineEthereum ETH 1D Log scale chart shows that there has been a long trend line forming since March 2020. As the price is falling, there is support around the $4100 - $4200 price range. If it breaks that price range, we may be seeing lower price targets.
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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 #bitcoin #altcoins
$ETH has two scenarios here. I'll give you two scenarios for ETH
Scenario 1:
Retesting the 0.786 and finally claiming the 1.618 around 6153 which confirms an altseason.
So far, ehereum is following a trend line, and it's slightly correcting every now and then.
Truth? typical staircase pattern but i do not like it.
Other scenario:
Reclaiming and retesting the golden pocket. 4024 and that could give me a good scalp to 4391 and then i'm out since this may be considered a dead cat bounce.
Note: i'm not beairsh (yet)
Eventually I will have to be, and you may get angry or upset over the truth, so if you get triggered, you need to seek god or something.
MY MINIMALIST ANALYSIS FOR ETHEREUM$ETH
ADJUSTED TARGET AREA OF VALUE ON THE CHART
11.10.21
1341H +8 SINGAPORE
Disclaimer:
The findings of the following analysis are the sole opinions of the publisher of this idea and should not be taken as a piece of investment advice.
ALERT:
LOOKING FOR THE NEXT BEST ENTRY ON EXIT OR MAXIMIZED
The Market has amazingly moved along the TOPS and BOTTOMS of our BOXES, signifying TURNING POINTS of PRICE ACTION.
IT WILL BE A GOOD EXIT/MAXIMIZED (You can shaved-off from the bulk of the 2nd SWING TRADE) and We will look for an ENTRY / TOP-UP for our Investment after the DIP.
Congratulating all those who have stayed and climbed the SWING with me.
Ethereum is making a very healthy climb since the last end of July to present (measured moves.) With a strong chart pattern, BUYERS will continue buying after correction, who are all looking for another measured move.
Trading psychology affects this, why? an exponential BUY-IN will create a parabolic, more than a measured move. So expect my maximized exit area of value to X4, conservatively x2 of where it will take Ethereum to a new price height.
The keyword is THE POWER OF TRADING EUPHORIA powered by SOCMED, Powered by the people. I call it an egalitarian version of hypercapitalism for the crypto economy. LOL!
Ethereum is more or less performing better than BTC. Why? Projects under it like Polkadot. (check my analysis on Polkadot )
The BULL SEASON for CRYPTOS is dictated by the BULLISH STRENGTH OF Primarily BITCOIN and then ETHEREUM. We still have more room for the UPSIDE.
Happy Trading!
REMINDER:
INDICATED ARE ENTRIES, PARTIAL EXITS/TOP-UPS, EXITS, and MAXIMIZED AREAS OF VALUE
"FOLLOW THE WHITE RABBIT!"
Just Follow the TOPS and BOTTOMS of the BOXES as a GUIDE where the MARKET will take you.
HOW TO USE THIS MINIMALIST CHART
Created on a MONTHLY, WEEKLY & DAILY Analysis (The Dynamics of the Market.)
It is designed for SWING TRADES at the BOTTOM. I do not SHORT, though, you can still use it.
You can CLICK AND hold THE CHART and PAN or DRAG IT.
TARGET ZONE IDENTIFICATION
The LARGE BOXES (Tops and Bottoms) are MAJOR pivot points that will occur sometime in the future. While the SMALL BOXES (Tops and Bottoms) are MINOR pivot points.
These can be entries to a BUY/ SELL POSITION, EXIT/PARTIAL EXIT/TOP-UP AREAS,
and, if you wish to hold longer for a MAXIMUM TARGET EXIT AREA OF VALUE - CONSERVATIVE (If price action conditions are right at that given moment.)
At times I include WAY BEYOND PARABOLIC Price TARGETS depending on The Character of the Market (CRYPTOS ONLY).
Watch out for your Volume, Chart Patterns, Candlestick Math, FIB COILS ( ABC ), Price Action, FIB LEVELS, Market Dynamics, especially institutional and retailer trading psychology.
Wishing you all The Best Trades and Thank you all for your Appreciation and Support of My Work.
Much thanks to My 3 Mentors. They are so much of a Blessing that I also wish to Share.
Vive Le Autist!
Vive Le Egalitarianism!
ETHUSD’s handle to its c&h is an inv h&s about to triggerCheck out this beauty. A nice,slightly downward tilted cup and handle pattern on ethereum. We can see the handle of this cup and handle is also an inverse head and shoulders pattern, and that inv h&s pattern looks like it’s about ready to trigger/confirm its breakout. If it does the measured move target is right around 4700. If it therefore confirms that breakout it will likely confirm the c&h breakout as well as price action makes it’s way to the inv h&s breakout target. My guess is we will see a breakout within a week or so.