ETH Buy a break setup.Ethereum - Intraday - We look to Buy a break of 3681 (stop at 3609)
Daily signals are mildly bullish.
Pivot resistance is at 3677.
A break of bespoke resistance at 3680, and the move higher is already underway.
We are trading within a Bullish Ascending Triangle formation.
Our profit targets will be 3881 and 3941
Resistance: 3680 / 3800 / 4000
Support: 3500 / 3400 / 3300
Ether
ETHUSD Very strong bull caseEthereum has just landed above a massive major trendline
It has also recovered from a pullback to .786, as it did in its first bull run
If its anything similar to the first bullrun move, the bars pattern I have placed is what we should be looking for
I want 8k
Still not sure whether I should jump out or just hodl through another bear cycle
ETH Risks Pullback To $3,400 Before Final Approach To $4,000
Ethereum price rejected from $3,600, forcing bulls to seek refuge above $3,500 or risk declines to $3,400.
Short-term technical indicators gradually flip bearish, implying that the path with the least resistance is downward.
Ethereum rally to $3,600 has not been without struggle and delays. Bulls have been putting up an aggressive fight since the gigantic smart contracts token tumbled under $3,000 in September and tested support at $2,650.
For several times, Ethereum failed to clear the resistance at $3,200, resulting in pullbacks below $3,000. Nonetheless, bulls took complete control of the market in October and subsequently triggered gains that have recently brushed shoulders with $3,600.
The uptrend to $4,000 is still a pipedream, especially with Ethereum facing intense selling pressure in the supply area around $3,600. If Ether fails to close the day above this zone, investors can expect a rundown to $3,400 or $3,200 in the coming sessions and on the weekend, where ETH will become more attractive to the bulls.
Ethereum Fights To Keep Uptrend To $4,000 Intact But Is Immediate Recovery Viable?
Ethereum has been rejected from the supply zone in the red, delaying the move to $4,000. The pioneer smart contracts token trades at $3,565 at writing amidst an intense tug of war between bulls and bears.
A daily close below $3,600 could see overhead pressure rise, while a break under the ascending trend line support will add weight to the potential breakdown targeting $3,400 and $3,200, respectively.
It is worth remembering that the Moving Average Convergence Divergence (MACD) could soon send a sell signal, compelling more traders to dispose of Ether. As long as the MACD keeps dropping toward the mean line, the pulldown on Ethereum will carry on.
At the same time, the Relative Strength Index (RSI) shows that sellers are gradually gaining strength. The odds favor the bears as the MACD nears the midline, while a continued drop to the oversold could trigger a selloff.
Ethereum Price Intraday Levels
Spot rate: $3,573
Trend: Bearish
Volatility: Expanding
Support: $3,500 and $3,400
Resistance: $3,600 and $3,800
CKBUSDT Long BiasHey guys hope you doing good.
To me Nervos looks bullish upto 0.10.
This is good time to buy because it is in the zone.
Be remember! Always work zone to zone.
Good luck
ETHBTC Scenarios that could occurLooking at ETHBTC we can see a large triangle or similar to a bullflag
This could breakout nicely upwards which I think it will
The other scenario however is that this is a top formation and the two squares both indicate points of a double top
I am very bullish on Ethereum with Visa's involvement
Ether bullish above $3.5KETH hourly chart analysis
Triple top near $3.5K (61.8% Fib retracement of Sep high-low) has neutralised immediate bull setup.
hourly chart shows small rising wedge. A breakdown would validate triple top and expose horizontal support at $3,272
convincing move above $3.5K needed to revive bull momentum and expose resistance above $3,650.
ETH Past $3350, retesting $3500. Onwards to $10-$15K ETH! 2022Given crypto run expected this quarter, we've pushed passed 3350 and will hit resistance at 3500. I suspect we'll blow past this. My weekly chart post didn't have a lot of details so here is the day chart. If we fail 3500 and fail to stay about 3350, the long position might go neutral. The macro factors are too srong on worldwide currency devaluation and enslaved USD nations moving to Bitcoin as their currency that ETH and BTC are in a race to the top!
Apple is running ETH 2.0 validators and Bitcoin and Ethereum are on it ways to the mass market Apple Wallets built in to every iphone on earth and already integrated with payment terminals in first and second world countries.
The magic here is the world bankless moving to crypto for micro, free of processing fee, payments. If ETH is $3500 with crazy high gas prices and energy used for mining, imagine the price for ETH with ETH 2 running on tiny fees and low energy.
This is the Internet when it migrated from leased lines to high speed fiber optics. If you missed the .dotcom boom, this one is even better. And for veterans of that era, knowing how to get out by reading the charts is your guide to economic freedom.
ETH/BTC 03/10/2021ETH vs BTC
This chart is like indicator between bitcoin and altcoin season.
ETH had nice bull up, stronger then BTC. Also ETH is used for NFT trading what is in the big hype in this moment.
This reasons are fuel for next uptrend on ETH.
This coin is now out of resistance, above strong support level, it's good time to entry.
Entry - 0,068-0,07
Take profits - you can fix part of position on TP 0,5, but out target is on fibo 1,618 and 2,618.
Stoploss below 0,06
Ethereum is squeezing in the triangle. What to do❓😲Ethereum is locally squeezed into a triangle. Triangles of this type statistically break both up and down equally. Therefore, it is worth opening trades after a clear signal. If the price breaks through the upper boundary of the triangle, it will be a good opportunity to buy. It is safer to buy after a breakout and retest of the triangle as support.
If the price breaks the lower boundary, ETH will probably go lower.
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.
ETH the prince is awaken!Hello, Everyone.
The prince is finally waking up. A lot of people have been calling ETH dead, and bla bla bla . ETH is about to show them his middle finger. 2 months ago before this whole rally I predicted that eth would rally to 3400 and then retrace to 2600...well clearly that is what happened (exceeding the expectation touching 3800). The chart is now reviling the next move. ETH has now created a steady volume with spikes on each bear attempt to break the 2900 (failed miserably). The supply is clearly shrinking with the last upgrade which has burned so many ETH and as it can be appreciate in the chart by the bulls taking control with little effort. ETH has now formed a triple mountains pattern (triple bottom in western chart terms). Although higher timeframe looks prime for a run, the smaller need to steam off in my opinion. I believe there may be one last opportunity to catch eth in the 2700-2800 area before to break the resistance at 3100 and start the new bull run. You can see that the 50 and 200 hour MA is now starting to creating a support below the price, this is a great sign in reversal as it is signalling accumulation before high volatility upwards. Also every dip down ETH has been creating higher low with the volume dissipating signalling the bears are exhausted. My final target as I mentioned in June is 20800. That is a 800% increase. My first target is at 7750. Really short term targets are: 3166 and 3566 (they will get smashed).
Enjoy the ride guys.
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Ethereum Price Remains Drab Under $3,000 Risking Major Dip
Ethereum aggressively fights to step above $3,000 a cloud of doubt reigns at its ability to overcome congestion at $3,200.
A dwindling on-chain activity is a bearish sign for Ethereum, implying that bulls may not have the power to sustain an uptrend.
Ethereum bulls have been pushing for action above $3,000, but all attempts made toward $3,200 have resulted in futility. The flagship smart contracts cryptocurrency token had retreated to a September low of $2,650 more than a week, but collectively, little progress has been made since then.
Meanwhile, some selected altcoins seem to be ignoring the mundane price action across the crypto market. Binance Coin leads the recovery in the top ten with an 11.6% gain over the last 24 hours, with Avalanche coming second with a 6.1% upswing. The market is mixed red and green across the board, whereby bulls will likely emerge intraday winners throughout the trading on Thursday.
Ethereum Could Fallback Before Heading For A Significant Swing To $4,000
The gigantic smart contract token is experiencing a lot of trouble gaining traction above $3,000. Although the short-term technical outlook appears ripe for a breakout above this level, it is not guaranteed that Ether will make it past $3,200 and sustain an uptrend at least to the supply zone in red around $3,600.
According to the 12-hour chart, Ethereum is locked within the confines of a descending parallel channel. Its key downside is supported by the 200 Simple Moving Average (SMA), which rests in the demand zone highlighted in green. The channels’ middle boundary also contributes to securing this anchor zone.
A break above the upper boundary would boost Ether above the $3,000, but the token needs to push past $3,200 to affirm the uptrend to $3,600. However, the 50 SMA has recently crossed below the 100 SMA; an index considered bearish despite not being as strong as a death cross pattern. The last time this technical outlook occurred was on June 4, and Ether subsequently dropped by 41%. Hence the magnitude of its effect on the price cannot be overemphasized.
Meanwhile, Ethereum’s on-chain activity has been dwindling over the last 30 days, and this is taking a toll on the price performance. Data by Santiment shows the network growth at roughly 80,000 new addresses per day, down from a 30-day high of nearly 110,000.
Suppose this metric continues to drop in the coming days, investors should anticipate a difficult recovery phase and perhaps the possibility of Ether sinking to $2,400, where it is likely to be attractive to more bulls.
Ethereum Key Intraday Levels
Spot rate:
Trend: Short-term bullish bias
Volatility: Low
Support: The 200 SMA and $2,650
Resistance: $3,200 and $3,600
[SHORT] ETH / USDThe Chinese Central Bank has ruled on all transactions involving cryptocurrencies. This announcement triggered a drop in the price of virtual currencies.
China has declared war on cryptocurrencies and has just dealt a fatal blow to their use on its territory. All financial transactions involving virtual currencies have been declared illegal. As for the offenders, they will be "the subject of an investigation for criminal liability in accordance with the law".