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Ether

ETH potential patternHi everyone, Today I would like to bring your attention to the possible pattern on ETH. Take this as you will, but I think where we are now is eerily similar to 5th of September 2017. Both in 2017 and recently we had a rising wedge consolidation with a massive blow off top forming after breaking up from the wedge. The blow off then retested the bottom of that wedge as support, bounced and retested the ATH. After the retest of ATH we get a sharp correction and a test of formed bottom. ATM we haven't yet tested the double bottom that was formed at $2400, and really there is no way of knowing whether ETH will get there. But if ETH does get to $2400-2600 range and holds that as support, I think there's a good chance ETH will target $10k and maybe more. See the image below for the pattern in September 2017. Please do leave a comment below, Thanks.
COINBASE:ETHUSDLong
by bunge_e
Warning signs... ETH signalling more downside?The signs were starting to develop, but yesterday really brought the picture into clearer focus: - ETH daily showing downside potential with RSI divergence to price - MACD (longer MA settings) starting to cross down My daily stop-and-reverse system has gotten me out of everything. So sitting on the side lines until things change: P.S. This is marked as a short idea, but I never actually go short, just bearish for now. #LongOnly
BITSTAMP:ETHUSDShort
by CJilitis
2
ETHEREUM - DEAD CAT BOUNCE OR MANIPULATION EVENT?What if this “dead cat bounce” leads to a macro manipulation event that continues the ongoing uptrend? With the current market conditions, it would be highly likely to face these type of scenarios before recovering. We could expect the price to bounce off the current levels or near the psychological $3k level. This situation would create a macro OB that would be tested to liquidate lured breakout buyers, gathering liquidity and giving rise to the expected move. What are your thoughts on this one? Let me know!
COINBASE:ETHUSDLong
by CryptoAlkaline
ETH 2021 vs ETH 2017 As mentioned in the last idea, ETH was following both the BTC & ETH 2017 fractals. I was betting on the BTC fractal which would put the cycle top around 20k+. However, that fractal is broken and ETH continues to follow its 2017 fractal, which puts the cycle top around 13k. Expecting ETH to go much lower from here. Cycle top anywhere between December 2021 and February 2022. Off course it won't follow the fractal perfectly, but for now, the 2017 ETH fractal holds and it shows more downside before anything else. Would not want to hold any ALTS in this period either. If we continue to follow 2017, BTC Will take over the lead and ALTS will lag behind for a while.
Short
by GACXBT
1
ETH 1D What is more real: a growth of $6400 or a fall of $1100?A month has passed since the publication of the previous global idea for ETH Then we recommended covering longs in the region of $3000-3300 The price twice tried to enter this zone, first it was $2910, then $2891, and then a strong drain again into the current liquidity zone. Now it seems like another wave of growth in the ETHUSDT pair is being prepared , but there are several conditions, let's list them: 1) The price should consolidate above the liquid zone of $2,150, and then above $3,000 2) Only after the ETHUSD price confidently breaks through the $3550 mark will the path open for updating the maximum, possibly even up to $6400 for Ethereum. 3) If the price of ETHUSDT now begins to consolidate below $1700 or later below $3000, this will be a notification that buyers are weak, and it is better to leave the longs, because the price may fall into the lower liquid zone of $1100-1400 _______________________________ Since 2016, we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)
by P_S_trade
41
Expected Rally in ETHXBT Towards 0.0795Trend Analysis The main view of this trade idea is on the 15-Min Chart. The crypto cross Ethereum/Bitcoin (ETHXBT) has been in a symmetrical triangle setup over the last couple of days, with the security recently breaking above the resistance line. This break higher is expected to continue with ETHXBT rallying towards 0.0795. This target was derived from taking the length between the top of the resistance line and the bottom of the support trend line. Technical Indicators This bullish sentiment is supported by the fact that ETHXBT is currently trading above its short (50-SMA) and long (200-SMA) moving averages. Also the Awesome Oscillator (AO) is positive and bullish. A close below the 200-SMA would as well as the AO trading below 0 will negate the bullishness of this note. Recommendation The recommendation will be to go long at market. Stop loss will be set around the 0.074 price level with a target of 0.0795. This produces a risk reward ratio of 1.52. Disclaimer The views expressed are mine and do not represent the views of my employers and business partners. Persons acting on these recommendations are doing so at their own risk. These recommendations are not a solicitation to buy or to sell but are for purely discussion purposes. At the time publishing, I have a position in ETHXBT.
Long
by Ceddy86
ETHEREUM - MOMENTS BEFORE DISASTER ‼️Reversal sellers are getting squeezed by retail trend following activity. We may face a breakout in the coming days, that will lure more retail sellers into the market just to liquidate them above the $4k psychological level and perform our desired movement. It’s important to have in mind that ETH is overvalued against Bitcoin in the short term. If Bitcoin doesn’t make a new movement alone (without inducing purchases in the overall market), our bias will be reinforced. Ethereum is not prepared yet to have such market dominance.
COINBASE:ETHUSDShort
by CryptoAlkaline
9