Geometry 101 / ETHEREUM If you like geometry, you'r gonna love this chart !
ETH/USD 2016-2023
No indication, no long descriptions, no complex lines, just basic similarity.
The structure we saw between 2016 and 2020 stands before us again.
There is only one difference, a little smaller this time.
Although the time is a little shorter, the structure is the same.
Key levels are 1360-1400$ (support)
>If intensive technical analysis is challenging for you, you can start here :))
Don't worry about how it happens, it's customary in technical analysis. And in my opinion it is also important. See yaa :)
Ether
Ethereum Analyze [Road map!!!🗺️(06/19/2023)]Hi everyone👋( Reading time less than 2 minutes⏰ ).
Ethereum is moving as I expected in the previous roadmap.✅👇
At the moment, Ethereum has been moving in a descending channel for about 2 months ⏰.
The structure of the waves in the descending channel is Double Three Correction(WXY) .
Ethereum is currently moving in wave Y , and I expect this wave to end at the bottom of the descending channel at around $1500 .
I expect Ethereum to reach its minimum to the upper line of the descending channel after confirming the end of wave Y. However, the downward trend can continue up to the 🟢 support zone($ 1,440-$ 1,350) 🟢.
❗️ Note ❗️: Ethereum needs to break the 200-SMA downwards to confirm the wave count and especially the continuation of the downward trend of Ethereum.
Ethereum Analyze ( ETHUSDT ), Daily time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Ethereum Analyze [Road map!!!🗺️(04/10/2023)]Ethereum is moving in the 🔴heavy resistance zone🔴; if we look at Ethereum in terms of Elliott wave theory in the Daily time frame, we will find that Ethereum is completing 5 impulsive waves so that the fifth main wave follows the Expanding Ending Diagonal structure.
There are two signs to confirm the wave count:
1 - There is a Regular Divergence(RD-) between the main wave 3 and the main wave 5.
2 - The expanding triangle is mostly seen in wave 4.
I expect Ethereum to finish microwave 5 of the main wave 5 after reaching the 🟡Price Reversal Zone (PRZ)🟡.
Expanding Ending Diagonal structure in the 4-hour time frame (better view):👇
❗️ Note ❗️: If ETH goes over $ 2,120 , the scenario will change.
Ethereum Analyze ( ETHUSDT ), Daily time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Ethereum will fall like other coins ?!👋🏻 Hello everyone, today we would like to look at the Ethereum chart and possible scenarios.
Now the price is in the support zone, but we have several bearish signals:
1️⃣ Local lowering of highs and lows
2️⃣ The weakness of the entire market and the renewal of all time low on many top altcoins
3️⃣Increase in volumes on the fall
4️⃣Fixing below 50 and 100 daily MA
❗️But on the older time frame, we see a bullish structure and we can now consider this movement as a correction after the 57% rise (from $1370 to $2150).
Expecting that the correction will continue, we can predict the potential zones of the end of the correction as long as there are 2 of them:
🔹$1550 - $1630 (200 Daily MA ; Crossover of 50 and 100 Weakly MA)
🔹$1367 - $1440 (the zone of the beginning of the impulse and the trend line)
❌ Cancellation of the downward scenario will be a quick buyout of Ethereum in the coming days and a fixation above $1860 .Until this moment we would not advise considering longs.
But it is worth noting that the ethereum looks stronger than other alts and if signs of strength appear, we would buy it first in the portfolio.
❓What are your thoughts on Ethereum?
Will ETH push to $1800 with the current level of RSI?I wanted to share some Ethereum (ETH) trading updates with you. While ETH moved slightly higher, it is still trading below $1,800. In today's session, the price of ETH/USD reached a high of $1,757.89, an improvement from yesterday's low of $1,723.09. The recent surge in price was due to bullish activity at a floor of $1,730, with the RSI bouncing from a floor of its own at 38.00.
Per the daily chart, the current price strength is tracking at 39.33, with the next visible point of resistance being 43.00. If the index moves beyond this ceiling, there is a strong possibility that ETH will climb to $1,800.
I hope this information is helpful to you. If you have any questions or concerns, please do not hesitate to comment in this idea.
ETH volatility could start to spike but RSI is lowI am bringing to your attention the current state of Ethereum's price trend. As of now, Ethereum has been experiencing a notable downward trend in price when observed on a daily timeframe chart. It is currently trading at approximately $1,740, which reflects a decline of over 5%.
It’s becoming increasingly evident that Ethereum is experiencing a bearish trend in the market, as indicated by its RSI dropping below 40. To add fuel to the fire, the current volatility level of Ethereum is at a measly 0.01%. If you're a Bitcoin trader, it's time to pay attention and make informed decisions accordingly. Check out Furthermore for more insights.
Additionally, the Bollinger Band analysis indicates that ETH is currently experiencing a certain level of volatility. However, the band's elasticity suggests that the current volatility is relatively minimal.
I hope this information is helpful to you. Please let me know if you have any questions or concerns in the comments.
ETH Head & Shoulders!KUCOIN:ETHUSDT
ETH has had an impressive run to 2140.
Pullback sits currently at 1874 and in a Head & Shoulders.
Break of Neckline will possibly provide short ideas with target ideas to 1690, 1520, 1370 zones.
If the Neckline does not break and volume sets in go long - for targets see my 18-Apr ETHUSDT post
with this chart: www.tradingview.com
Always having Plan A and Plan B scenarios so we can react once the markets provide an opportunity to execute our edge.
If you liked this idea or if you have your own opinion about it, write in the comments.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations.
ETH Ethereum Head and Shoulders Bearish Chart PatternIf you haven`t sold Ethereum here:
Then you should know that Ethereum, currently trading at $1841, has formed a head and shoulders pattern, indicating a potential bearish trend. This pattern consists of three peaks, with the middle peak forming the head and the other two forming the shoulders. The neckline, a key support level, must be closely watched as a break below it may trigger a further price decline.
While the target for the head and shoulders pattern suggests a larger drop, attention should also be given to the 200-day moving average support at $1620. This level has historically served as a significant support zone. Traders and investors should monitor Ethereum's price movement closely to gauge whether it reaches this support level.
In summary, the emergence of a head and shoulders pattern in Ethereum signals a bearish sentiment. Traders and investors should exercise caution, closely track the neckline support, and keep an eye on the 200-day moving average as a potential support level.
Looking forward to read your opinion about it.
Ethereum ETH and the US Debt CeilingNegotiators from Democratic and Republican parties finalized an agreement on Sunday night.
Instead of raising the limit to a specific level, they have opted to suspend it entirely until 2025. This strategic move ensures that their bills can be paid until that date, while also guaranteeing that the next battle to raise the ceiling will not coincide with the upcoming presidential election.
The resolution of the debt ceiling issue brings optimism and stability to the financial landscape, which has a positive ripple effect on the cryptocurrency market.
Bitcoin and the broader crypto market stand to benefit from increased investor confidence, reinforced safe-haven status, enhanced institutional adoption, regulatory clarity, and the overall positive impact on global markets.
ETH/USDT
Entry Range: $1800 - 1900
Take Profit 1: $1950
Take Profit 2: $2010
Take Profit 3: $2100
Stop Loss: $1730
ETH/USD 4H Price TargetsLooking at the 4-hour time frame of Ethereum, we see see flat price action for the past month. The price has been floating over this 1645 level that hasnt been retested, but neither has $1284 on that March low.
Just like the banking contagion in May, i’m expecting some upside because the crypto markets really liked the banks failing. There’s the downside potential of ETH retesting 1,645, which would break the current market structure, but if we hold this current level around 1,820, i’m expecting another retest of 1,995, the EQ of this range and a psychological level for Ethereum.
This downwards move I believe was the weekly / monthly low being created, and i’m looking now for upside to 1,995 and 2,120. These two targets would complete and reach the top of the range, then we look for our expansion candle outwards to 2,407.
As always please do your own research, this is not financial advice.
Ethereum minimum growth of ➕10%!!!🚀Ethereum seems to have created a 🐻bear trap🐻 (but the 100-SMA held Ethereum well).
According to Elliott Wave theory, Ethereum is completing a c orrective structure .
Ethereum correction structure can be Expanding Flat(ABC/3-3-5) or even Double Three Correction(WXY) .
I expect Ethereum to go up to 🟡 PRZs(Price Reversal Zones) 🟡 after breaking the downtrend line .
Ethereum Analyze ( ETHUSDT ), 4-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.