Max Pain Approaches, But How Low Can We Go?As stated in my last Chart a few months back, we are finally approaching the 2-week 100 Simple moving average. This moving average has historically acted as a magnet & major support for the market for the last 5 years. It would make logical sense that we see the same thing happen again. I see many calling for a $12K bottom, which is entirely possible, but we'll see if this 100SMA can continue to act as major support for the crypto markets again. Remember... Stay level-headed, be logical, and don't follow the crowd.
Ethereum-bitcoin
Ethereum Versus Bitcoin: Getting TightBITFINEX:ETHBTC Ethereum / Bitcoin is getting curiously tight around the 50% Retracement Level. Price abhors a consolidation and one direction or another we can expect to see a fast move away from this level. It will be interesting to watch this near term answer to the debate of which currency is going to become more dominant...
See below for Higher Timeframe Analysis
Ethereum: Bottom Price with Timeline (UPDATE)Hello friends, today you can review the technical analysis on the 1M (monthly) linear scale chart for Ethereum (ETHUSD).
UPDATE FROM AUGUST 2022 CHART!
I placed vertical lines for the month of April from 2017-2025 to show up to now and in the future when price may start making major moves. The current structure looks very similar to 2018 and my prediction shows the same type of movement for Ethereum.
The concerning factor is the price has a significant downturn to go based on this chart scenario. Other concerns include low volume, bearish MACD, and RSI is below the support line.
The long-term looks positive for Ethereum as I see upside over $8K but price may need to get to around $200 before it goes higher. Hold on tight!
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Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #millionaireeconomics
BTC & ETH - Detailed Top-Down Analysis - Day 81Hello TradingView Family / Fellow Traders. This is Richard Nasr, as known as theSignalyst.
81 out of 500 days done.
I truly appreciate your continuous support everyone!
Let me know if you like the series, and if you would like me to change or add anything.
Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich
ETHEREUM ROAD TO 1096 | BEARS AREN'T OVER YET Right guys!
I know it's been too much and most of you want it to pump hard but in trading there are 0 emotions if we keep on hearing to our desires then we may loose it all.
So here are some of my points, eth wasn't able to properly cross 2k and it went all the way back to that very trend from where it started pumping.
Things take time to settle after such a big dump and that's what is happening.
According to me it's a short
And in next 3 days you can see eth at at least 1150 moving over 1096
Eth wasn't able to cross 1380s
So i want you guys to at least keep this much margin in your trades so that even if you're at long then you must be saved
And if you're on short you can gain good, don't close at 1200 levels.
If you like my idea
Please give me a like ❤
USDT.D CONTINUATION BAD FOR CRYPTOUSDT.DOMINANCE CHART
Weekly and Daily timeframe Symmetrical Triangle in play with target as shown just past the Range High at 10%.
Not good for crypto because going above the blue line 0.382 labelled above market = Chaos.
RSI printing Bullish Divergence.
I also believe we are in the 5th Impulsive Elliot Wave with blow off top, followed by an ABC Corrective Waves.
It is just an idea but if it plays out very bearish for CRYPTO.
ETHUSD $ETH.X Ethereum cycle Outlook From 5K max high level that we saw NOV 2021 ( same period High for $SPX) we only see, lowest level, #RSI indicator can help US to understand this behavior.
The New Bear Trend Just start, from 12 sep RSI cross above 70 level, and now apparently must go to 30 levels, in this #bearchannel.
if we use Volumeprofile indicator we see very clear that next conhgestion level is too low ( near to 500 usd range zone). :(
Other waise maybe if RSI star to develop convergence, he can hope and more less we say after upside broke above 2.000 lvl, potetial valuation. this is very difficult more when all big wall street guys looking more BEARs into stock market.
Gala forecast and signal.Hi traders,
After the dip falling that Bitcoin and Ethereum had (and will have), I enter a sell trade for the second wave of GALAUSDT price declines.
Good luck All 😊
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✅ ✅ Risk warning, disclaimer: the above is a personal market judgment and analysis based on published information and historical chart data on The trading view,
And only some of these analyzes are my actual real trades.
I hope Traders consider I am Not responsible for your trades and investment decision.
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✅ Please write any advice or suggestions.
Dear friends, request any cryptocurrency pair, currencies pair for forex, and any index that you want to be analyzed, and ask any questions about chart analysis.
Thanks for your attention
Ethereum : H4Hello
. Analysis update
. According to the previous analysis, we expected the correction to continue. Now we are waiting for the price reaction to the trend line. This price return can be a pullback
.The direction of movement is determined
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ETHBTC Bearish Cross on MACDThis is yet another chart on the 3D time-frame, which time after time has proved to be reliable in catching medium-term price trends. This time on the ETHBTC pair, the 3D MACD just formed a Bearish Cross. As you see, since the June 06 2021 candle (so more than a year), every such formation (with the exception of August 20 2021) was a sell signal. I have pointed out key Support zones with the first one being around 0.06500.
Since the pair has been on a Channel Up patten since mid August and the price is now too close to its bottom (Higher Lows trend-line), it is worth attempting a tight SL buy but reverse to a sell if the price breaks below the Channel. On the longer-term, the Bearish Cross effect will be invalidated if the pair breaks above its 0.088640 Resistance (previous market High).
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