Lift for ETH!!Ethereum got a nice lift, securing the $1700 handle for the time being. We have broken out of what appears to be an inverse head and shoulders pattern with the neckline at $1717. We are in the middle of a vacuum zone right now, with the next level above at $1821. We may expect some ranging in this area. After $1821, the next targets are $1872 and $1906.
Ethereum-bitcoin
ETH 1588 SellEtherum finally completed my sell setup down towards 1588!
My entry was around 1775 when price broke the structure March 20. Price actually gave a break & retest of the structure level and 50EMA on March 21, giving a second opportunity to enter the trade. Also giving more confirmation for the continuation of the setup. My first targets were aimed around the 1700 whole level and -0.13 extension levels. After price found support and the buyers tried to regain control working up towards 1750, the sellers gained back momentum giving us our last strong bearish impulse down towards 1580 and -0.618 extension! I will now remain patient and wait for price to tell us what the next move is but only time will tell!
As always THANK YOU and if you found this video helpful, please let me know by hitting that like button and/or leaving me a comment below.
Also, feel free to share your opinion on this setup or other setups that you have. The more ideas we can generate together, the more informative these ideas become for newer traders. STAY BLESSED!
~T$
ETHUSD: Short Term TradeHello Traders and Investors,
There is a breakout on the 4HR time frame and retest as well of new support. I'm taking this small trade back to the previous resistance. We will probably see a continuation sideways before a massive push to upside comes in.
Let me know what you think.
ETHEREUM : ANALYSIS 2H TIMEFRAME - PRICE READY TO GROW ! 🔔Hello Everyone, I hope you'll Appreciate our Advanced Analysis on Price Action !
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Strategy : Fibo retracement on Bullish channel
Have a Good Take Profits ! ! !
ZCASH : PRICE ACTION IN HIGH TMF - PRICE IS GROWING ! 🔔Hello Everyone ! ! I hope you'll Appreciate our Advanced Analysis on Price Action !
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Feel free to request any pair/instrument analysis or ask any questions in the comment section below.
Strategy : BULLISH CHANNEL + FIBO RETRACEMENT
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ETH Maintains the RangeAfter reaching our profit target from the inverse head and shoulders breakout, Ethereum has been ranging. It is testing the range between 1748 and relative highs at 1936. Most recently, ETH has felt the shock of the selloff in BTC which is taking us back to relative lows at 1748. A further selloff could take us back to support at the neckline of the inverse H&S pattern at 1654. The Kovach OBV is pretty bearish right now, but the Chande is as well. When both indicators are so bearish it signifies that we may be oversold and ready for a bounce.
Ada know what to tell you but I am "Ada" here! Cardanoooooo! 📉Ada know what to tell you but I am "Ada" here! lol Ya so it has recently come to my attention via notifications and Dm's that ADA doesn't want to stay in its little bubble. Well down she goes anyway. There is too much to unpack here but "price go down bro.." This is just one of those not ever down done situations seriously most will likely spend all their time around price and ask questions like "where is this goin?" It's funny because this is like the same stuff you'd find a few years ago on what's hot about ADA!?LOL I know a Coinbase listing would help temporarily for price??? Again why ADA because bro ETH Killer umm sure how about ADA "gohstchain"👻 because its basicity dead.
Pick a time frame pick a shooting star and make a wish. 🌠
(PLEASE stop saying MOON) 🌝lol
As an argument to what I am saying "Ya, something MEGA bullish can "slosh" some cash from some other crypto for another moon shot but at the same time I think that button may perhaps be wearing out."
[b ]"I personally feel that buyers are going to increase their exhaustion buying dumps. Also Minimum Wage Hike hasn't hit fast enough for the little guppies to nibble up all the Whale crumbs.. As things sink down toward the inevitable abyss."
"Noobs please try to understand some people have had bags bigger and longer than you."
(Placer note Emoticon Shoulder Shrug) 🤷♂️ #Fixed
What are your thoughts? Is it bad that people like to realize gains say "Cool! More Dollars now!" Or am I really the only person that's down to pull profit and even short a little??? LOL
-No advice to give just thoughts that I can't shake after the last 6 years in the world of "CRYPTO"
"KEEP CALM AND MANAGE THY RISK!"
Are we seeing a W pattern again with ETHBTC?Usually W pattern or double bottom as some call it are breaking to the upside.
The measuring is from the bottom to the top of the middle(the end of the first V of the W) and the target is X2 from the bottom.
This is a large movement of approximately 24% agains BTC and it did perfectly worked out on the last 3 times.
What do you think?
It happened!! As predicted The price action broke down through the lower median line as we feared would happen. But this is a great opportunity to buy more. Give it a little more time to see which way the trend continues and don’t be afraid. These corrections are temporary. The RSI is showing a divergence and we can see the new areas of interest. The graphs gave us these signals yesterday and now it’s time to take advantage of what we know will likely happen next. Don’t make any investments you are not comfortable making. None of this is trade advice, but purely analysis and chart explanation. Happy trading!!
ETHUSDT | Long Term Price TargetsHello, traders!
Let's take a look at possible price movements scenarios for Ethereum.
FUNDAMENTAL ANALYSIS
First of all we should say that ETH performance is not good from the beginning of the current Bitcoin price correction. It's price droped more than Bitcoin price, so it is definitely underperforms the BTC.
At the same time the Ethereum's competitors like Cardano and Solana looks pretty well. The most important reason for this is the high cost of Ethereum commission fees. Today we have a nice news from the co-founder of Ethereum Vitalik Buterin that they are about to solve this nasty problem with the scaling. It will help to reduce commission fees significantly.
TECHNICAL ANALYSIS ETHUSDT
The ETHUSDT now have an ATH at $2040, exactly at 1.41 global Fibonacci level and now it was rejected exactly at 1.27 Fibonacci level. So, we can see that the price has a nice reactions to these Fib levels. If we look at current price action we can see the bullish flag pattern formation. The price target from this pattern is above the ATH approximately at $2320 (1.61 Fib).
To be honest the future price action for Ethereum is strictly correlated with the Bitcoin price. If BTCUSDT is able to break ATH this week, the ETHUSDT have high probability to follow the white scenario. In case of Bitcoin price pullback we can see the red scenario.
It is also very important to understand if the ETH is going to outperform the BTC in the future or not.
TECHNICAL ANALYSIS FOR ETHBTC
Let's take a look at the ETHBTC chart on weekly timeframe. We can see the price action inside the bullish megafon. There was a bearish divergence between the price and on-balance volume, as a result we saw the sharp correction and now the ETHBTC is going to reach the lower band of the megafon. We can conclude that the ETHBTC now is almost at the dip and the Ethereum is going to outperform the Bitcoin soon.
DISCLAMER: Information is provided only for educational purposes. Do your own study before taking any actions or decisions.
WE CALLED IT!! Ethereum and Bitcoin side ways now before a moveIf you took a short position or locked in profits around the 1850 mark congrats, we called that almost to the minute. Please keep up with our posts and make sure you share this information with fellow traders as we put out more information regarding daily and long term price action. This is all trend analysis and not trading advice, please use your own judgement to make trades. We expect the next day or two to contain a lot of sideways action but overall the indicators still show bullish trends. If something changes we will update everyone based on the indicators. Happy Trading!!!