What is the next station for ETHEREUM?
The given illustration shows data about a potential climb. If bitcoin breaks the MA200 strongly and keep rising, I expect that Ethereum will reach to 4200 level. So, first of all we need to pay attention BTC movement. If it happens and you are a mid-term trader, I suggest you take profits at the 4200 Ethereum level.If you are waiting to enter the best position, please do not panic and wait for TP1:2113.72 & TP2:1945.03 to enter.
NOT FINANCIAL ADVISE
GOOD LUCK.
Ether
ETH Buy a break setup.Ethereum - Intraday - We look to Buy a break of 3972 (stop at 3888)
Daily signals are bullish.
Broken out of the wedge formation to the upside.
We look for gains to be extended today.
Pivot resistance is at 3972.
The bias is to break to the upside.
There is no clear indication that the upward move is coming to an end.
Our profit targets will be 4218 and 4278
Resistance: 3970 / 4025 / 4100
Support: 3820 / 3720 / 3640
ETH Market Commentary 23.09.2021After an impressive breakout, the next leg now follows (there was also the simpler ETHBTC play where buyers have succeeded and are ready to play the next deflection).
On the ETHUSD side, buyers have created a chance for Q4 to attack the highs. Sellers did not want to hold past the C leg which is screaming in advance that sellers are really only masked buyers and the direction decisively favours the topside.
So now with this deflection from the C lows, the previous highs have been taken unlocking tempo for buyers. The next leg is impulsive on account of the trap and unwinding. The position should reach $3,600 in the coming sessions comfortably with $4,000 the next target in scope.
Ethereum Price Blasted Past $4,000; Closing In On $4,400
Ethereum is on the final approach to $4,400 after bringing down the barrier at $4,000.
The SuperTrend and the MACD indicators sustain buy signals as buyers flock to the market.
The cryptocurrency market is currently shining a light on the altcoins following weeks where Bitcoin has solely rallied to higher levels. Ethereum appears to be leading the pack after making a comeback above $4,000.
Ether is not the only altcoin on the upward roll because Solana trades at $183 at writing after rallying nearly 17% in 24 hours. Other double-digit gainers include Litecoin and OKB with 10 and 18.5%, respectively. Most altcoins are posting considerable double-digit gains.
Ethereum Price On The Home Stretch To $4,400
While Ether has kept the uptrend intact over the last couple of weeks, it has not made it to $4,000 until now. Altcoins mainly experienced the challenge because Bitcoin continued to shake the ground for new levels. At the moment, BTC is trading within an inch of the all-time highs.
Ethereum has come a long way in the last 24 hours, first defending support at $3,800 and later lifting beyond the critical supply zone marked in red. The second-largest cryptocurrency trades around $4,160 at writing, while bulls look toward the record high achieved at $4,400 in May.
Meanwhile, the technical picture is strongly bullish based on the Moving Average Convergence Divergence (MACD) indicator and the Relative Strength Index (RSI). The latter recently crossed above the mean line; simultaneously, it sustained a buy signal since late September.
The RSI affirms the growing bullish grip on ETH, and as it moves into the overbought region, more buy orders are anticipated. Another buy signal from the SuperTrend indicator emphasizes the bulls’ influence, thus propping Ethereum for the ultimate breakout to $4,400.
Ethereum Price Intraday Levels
Spot rate: $4,177
Trend: Strongly Bullish
Support: $4,000
Resistance: $4,400
ETH/USD an ascending triangle? WhoaaaaaBeen trying to figure out what kind of area pattern ETH is forming.
Zoomed out and spotted an ascending triangle that's about to break out!
Jesus!
Plan of action here is to enter below $4k and if it further corrects lower than where we are right now, Dollar-Cost Average.
Good luck!
ETHUSD Comparable Points BULLSI just realised on the log chart for ETHUSD that the same structure we are experiencing now is poised between .786 and .618
using this information I can predict I possible top at 11K which is close to my previous target of 8K
Using both these targets ill come to a decision around that area when I will sell (if I will)
Linking important charts that are relevant and you should check out
ALTSEASON IS COMING 🤑🤑Bitcoin is rising, Ethereum is rising and most altcoins are at the bottom.
WHEN IS ALTCOIN SEASON COMING?
If you study the bitcoin and Ethereum charts, you will see that the coins are up 1000% after the price updated all time highs.
The price is now very close to resistance. This is the last resistance. If the price overcomes it, the altcoin season will start very soon. This is also indicated by the dominance index and the altcoin capitalisation index.
Buy any altcoins and they will make you at least 5x. Now we will reveal to you 2 very promising coins - COMP and ICP .
If you want to know the whole list of promising coins, write in the comments and we will analyse them here.
Ethereum - there are the best places to buy ❗❗Let's analyze the Ethereum chart from a global perspective. The price of Ethereum is near the important $3,677 level. This level is now the last resistance before ATH. If the price trades in a range below this level and breaks it, it would be a good buying opportunity.
The second scenario where is the best place to buy Ethereum is if the price corrects below the $2,650 low. There is a lot of liquidity below this low, once this liquidity is collected there will be enough strength for growth.
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.
ETHUSDT 1hHi everyone
Ether is currently consolidating below $ 3,500
The first support in the downtrend is $ 3480
If the next resistance rises to $ 3560 and above, there is a possibility of a price jump
In this case, the price can reach the level of $ 3635 and the resistance of $ 3650
If Ether fails to move above the $ 3550 and $ 3560 resistance levels, it is likely to face a downward trend in price.
The first support in this downtrend will be close to $ 3480
The first major support is currently around $ 3,450
A declining downtrend could push the price to the $ 3,400 support area in the future
Any further reduction will cause the price to drop to the $ 3375 support area
What do you think about the price of ether?
Thankful
ETHUSD Update Updated thoughts on ETH
Im not sure if the Top cap value for the ETHBTC pair is accurate, it may only correspond to ETHUSD
Using the ETHUSD chart where it is valid I have placed a target at 8K, i believe it will be fulfilled
You can see how the curved white line (Middle line) is descending upon the major trendline and is forming a rising wedge in the process
This formation 'rising wedge' is considered bearish in the books
See if it holds up or the bullish rising wedge is born
Bull flag Ethereum buy at around 3500!Probable bull flag continuation pattern here on ETH bouncing nicely off support. Add to longs now before the breakout above to minimise risk as always. I'm keeping my stops at 2630 but will raise them on confirmation of the breakout once we get above 4000.
Eth is still lagging BTC and hasn't taken out its prior weekly swing high of mentioned 4000. Great value buy here at 3500.
Big hourly bullish engulfing pattern to if you zoom in on nice volume expect this to go much higher.
Leave a like if you agree please, follow the trade idea for updates as we go.
ETH Shakeout To $3,400 Healthy Amid Growing Potential To $4,000
Ethereum regains its glory above $3,600, and investors look toward $4,000.
Ether’s intraday outlook remains bullish based on the MACD and the RSI.
Ethereum is back in the green in tandem with the largest cryptocurrency, Bitcoin. The former has returned t levels above $3,600 while the former currently trades above $58,000 while making headway to $60,000.
Ethereum Bulls Focus On $4,000
Ether started to retrace earlier in the week, following a failed attempt to sustain price action above $3,600. It became increasingly difficult to hold support above $3,500, resulting in a further deep to $3,400.
Nonetheless, the correction was healthy for Ethereum, whose bulls needed a boost to close the gap to $4,000. Trading near $3,400 allowed more buyers to come in, taking advantage of the lower prices.
This explains the ongoing recovery, with ETH exchanging hands at $3,630. The daily chart also shows Ether almost drilling through the supply zone in red. After this hurdle, Ethereum has a relatively straightforward way to $4,000 apart from minor bumps at $3,800.
Realize that the odds currently favor the bulls as far as the Moving Average Convergence Divergence (MACD) is concerned. This trend following tool calculates the momentum of an asset and identifies entry and exit positions. With the MACD finally above the mean line and gradually ascending, Ethereum is better positioned to gain more ground in the near term.
At the same time, the Relative Strength Index (RSI) emphasizes the bullish grip on the price. Like the MACD, the RSI tracks Ether’s trend but calculates the strength of either the bulls or the bears. A consistent upward trend implies that buyers have the upper hand and can keep the uptrend intact.
Ethereum Intraday Levels
Spot rate: $3,636
Trend: Bullish
Volatility: Growing
Support: $3,400 and $3,200
Resistance: $3,800 and $4,000