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Ethereumanalysis

Ethereum Breaking Out, ETH Price on the Path to $1.7kPast Performance of Ethereum Ethereum prices are up roughly 75 percent from 2022 lows, and bulls have the edge when writing. From the daily chart, ETH surged 12 percent in the last trading week, adding three percent in the past 24 hours. Technically, the coin is within a bullish breakout formation, expanding with rising trading levels, an indicator of trader confidence and possibly, a shift in trend after sharp double-digit losses from 2021 peaks. #Ethereum Technical Analysis Currently, ETH buyers are in control. From the candlestick arrangement in the daily chart, buyers have the upper hand from an effort versus result perspective. As such, aggressive traders may find opportunities to load on every attempt lower towards the $1.41k and, if pronounced, the $1.25k mark. ETH bulls are also riding the upper BB signaling strong upside momentum. This combination means the odds of ETH gaining ground and recouping losses are high as traders target $1.7k in the short term. What to Expect from #ETH? Ethereum prices are posting higher highs, an indicator of strength. In a bullish breakout formation, traders may find opportunities to ramp up on every attempt lower in the daily chart. As long as bulls soak in bear pressure and sustain prices above the $1.4k mark, there would be more upside for the coin. Resistance level to watch out for: $1.7k Support level to watch out for: $1.4k Disclaimer: Opinions expressed are not investment advice. Do your research.
Long
by Bitcoin_Analyzer
#Ethereum Free-Falling, ETH Bulls Strongly Rejected from $1.25kPast Performance of Ethereum Ethereum bears are unyielding and have reversed gains of early July, pushing back prices to last week's lows. Currently, ETH prices are near the $1k psychological round number as a series of lower lows with decent participation levels register. Even though bulls stand a slim chance, buyers must reject any attempt lower and ideally bounce from around last week's lows. ETH is down three percent versus the USDT on the previous trading day. #Ethereum Technical Analysis Sellers are firmly in control, dashing ETH bulls' hope when writing. Notably, prices are trickling lower with rising trading volumes suggesting that the uptrend's momentum is fizzling. The spike in trading volumes behind this week's reversal could hint at low upside pressure and exhausted buyers. Therefore, in light of this development, traders should closely watch the reaction between the $980 and $1k support zone. A close below this mark—and last week's lows—may force ETH back to 2022 lows at $880 in a bear breakout formation, confirming sellers of the first half of June. In such a case, traders may load on every attempt higher towards $1k, targeting $880. What to Expect from #ETH? Ethereum bulls may be confident from a fundamental perspective, but their views don't spill to the daily chart. Prices are pinned lower, and sellers are in command at spot rates. Thus far, how prices at $1k would likely shape the short to medium-term price trajectory. Resistance level to watch out for: $1.25 Support level to watch out for: $1k Disclaimer: Opinions expressed are not investment advice. Do your research.
by Bitcoin_Analyzer
ETHEREUM: BULLISH EXPANDING CHANNEL FORMATION.Hello, dear members. welcome to this Ethereum update. Timeframe: 18 hours. Update: ETH lately, showed some greens which were good for the market. The current scenario of ETH is under a bullish expanding triangle which technically is bullish. It is testing the resistance at $1240. This is quite a decisive moment for ETH. If it successfully breaks and closes above the resistance level then we can expect some good rally. But if it gets rejected from the resistance then the trend will get reversed and we may see some drops. Fundamentals: ETH is having a conference meeting on the 19th of July 2022. The Ethereum Community Conference (EthCC) is the largest annual European Ethereum event focused on technology and community. What is your opinion about ETH? Do you think it will rally higher or will it drop badly? Let me know in the comments. Do show your support with your likes and if you don't wanna miss any updates then follow my channel. Thank you.
COINBASE:ETHUSDLong
by Dexter_The_Trader
2
#Ethereum Gains 14%, ETH May Rally to $1.7kPast Performance of Ethereum Ethereum is printing higher highs relative to the lower BB. At spot rates, prices are steady in the last trading day and up double digits week-to-date. Technically, ETH prices could rise in subsequent trading sessions, especially if there is a solid close above the middle BB and $1.25k liquidation level. #Ethereum Technical Analysis From the daily chart, buyers are in control, edging higher in a possible retest. As ETH bottoms up, there must be a solid close above $1.25k and the middle BB with rising trading volumes. Based on the formation in the daily chart, aggressive traders may find loading opportunities on every dip above $1.1k. Any close below $1.1k may pour cold water on the upsides, slowing down buyers. Conversely, any close above $1.25k with an uptick in trading volumes may pump ETH towards $1.7k in the medium term. What to Expect from #ETH? Although prices are inching higher, ETH is technically in a bear breakout formation, provided prices are below $1.25k and the middle BB. A correction below last week's key reaction points will slow down bullish advances. Resistance level to watch out for: $1.25k Support level to watch out for: $1.1k Disclaimer: Opinions expressed are not investment advice. Do your research.
Long
by Bitcoin_Analyzer
$7000 or $15000 per ETH this year! What does it take?We continue to do reviews of the trading pairs you voted for in our BTCUSD price forecast As it turned out, we haven't made an idea about ETHUSDT for more than half a year, but why? Because the previous idea ETHUSD working out exactly, until recently, having passed 3/4 of the planned way up, see for yourself: Today's Ethereum price forecast turned out to be very optimistic, with a spoonful of tar at the end. Since this is a global view of the ETHUSDT price chart, today we will highlight the main and critical levels to start a strong up or down trend. In order to start a strong up trend, ETH buyers need to firmly anchor the price above $3200 in the coming days or weeks. At the same time, it is desirable not to release the price below $2550. If these conditions are met, it may open the way for the so far exorbitant targets of $6900 and $14800 for ETH. Optimism and belief in the bright future will completely disappear from ETHUSD market participants if the ETH price goes under $1750, which is the last critical level for buyers. And below that there is nothing and the possibility of ETH price going down to $600-800 Maybe, our chart is not easy to read, but if you look carefully, you will find some tips that can help you in a critical moment. And we are always open to reasoned discussion, so Go to comments!) _______________________________ 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
51
ETHEREUM: $800, AN IMPORTANT SUPPORT!!!What's up amazing traders? Welcome to my ETH weekly update. In this chart, let us do some backtesting and relate the present scenario. Back in Dec 2016, ETH was ranging between $6 to $8 and indeed it was the last time we saw ETH that low. Then ETH exploded with a whooping gain of 25000% which was insane. From a single-digit dollar ($6) to a four-digit ($1529) was incredible. Imagine buying 100 ETH at $6 investing $600 in total and then selling it at $1500. You would have a net worth of $150,000 ETH within 400 days. Crazy isn't it? Now, this was not the only time ETH gave an opportunity like that. Soon after the $1500 rally, ETH dumped and dropped up to $79 (Dec 2018) which turned out to be a great opportunity to fill bags with ETH. From $79, ETH rallied up to $4951 which was a 5543% gain. Now imagine you buy back 100 ETH again at $100 investing $10,000 (a 7% of $150,000) and then selling it at $4500. You would have made a mind-blowing profit of $450,000. All these rallies took place within a span of 2-3 years. After comparing these two scenarios with the present scenario, we can see that ETH is once again falling back to the same lower trendline from where it bounced back and made historical rallies. The question is whether ETH will follow the past or this time it will crash down below the historical trendline? Well, with the big news like ETH 2.0 coming in, the RSI at the oversold level, and the price close to the support, it shows a positive rally coming soon on ETH. I will consider a bounce back from the support and if ETH breaks down below the support then it will be a clear sign of exit and buy back low. What's your thought on this? Let me know in the comments. Do like and follow for more updates. Thank you.
BINANCE:ETHUSDLong
by Dexter_The_Trader
6
#Ethereum Upside Limited, ETH Bulls Stand a Chance above $1.7kPast Performance of Ethereum Ethereum prices are racing higher, recovering from 2022 lows of around $1.7k. Bears are still in control despite firm prices and recovery from last week's lows. Traders may find entries to buy the dip at spot rates in anticipation of a recovery. Currently, ETH is up five percent versus the USDT but steady in the past trading week. #Ethereum Technical Analysis From the daily chart, ETH prices are stable. However, bulls are struggling to print above immediate liquidation levels from the weekly chart. Although last week was bullish, the retracement at the tail end of last week slowed bulls. Traders may find entries to accumulate at current levels provided prices are trading above $1.7k—2022 lows. Conversely, a safer approach for risk-averse traders is to wait for a clean break above May 30 highs or $2.05k. In that case, their immediate target would be $2.2k and, ideally, May 11 highs of $2.45k. What to Expect from #ETH? The immediate trend is bullish, as per the formation in the daily chart. Even though there are hints of strength, prices are moving below the middle BB (a flexible resistance line) and below the $2k line. In subsequent sessions, ETH prices must soak in selling pressure and rise above $2.05k if buyers are to take charge. Resistance level to watch out for: $2.05k Support level to watch out for: $1.7k Disclaimer: Opinions expressed are not investment advice. Do your research.
Long
by Bitcoin_Analyzer
ETHEREUM UPDATE: ALERT!!Hello traders, Here's an update on ETH in 3 hours timeframe. ETH has been rallying under the $1900 to $2000 range for the last couple of weeks. Could it be a high time for ETH to rally higher or will it drop down further low? Usually, after a big drop, a sideways pattern, a falling wedge pattern, or a rising wedge pattern is considered bullish or bearish depending on the favor of the market. What I personally observed is whenever the market has made this move, it has fallen further down. The current ETH chart is close to the support line. If ETH breaks and closes below the support level then I am expecting a drop up to $1700. For a higher rally, ETH must bounce back and break above the resistance level. As I said in my previous, it is better to wait for confirmation. Trade safely.
COINBASE:ETHUSD
by Dexter_The_Trader
Ethereum: BlueI’m blue Da ba dee da ba di Da ba dee da ba di Da ba dee da ba di In case you won’t get this Eiffel 65 song out of your head today – sorry! However, blue is indeed Ethereum’s preferred color scheme in our chart. From its current position in the lower blue zone between $1295 and $2164, Ethereum should rise into the upper blue zone between $2305 and $2472 to finish wave (iv) in blue. Then, it should drop back into the lower blue zone, making it even as far as the overlapping yellow zone between $1743 and $589, in which wave (2) in yellow should end.
BITFINEX:ETHUSD
by MarketIntel
ETH Update - Next Target @ $1,600The 4 Hour chart is over bought. Momentum is dying and it looks like ETH will be on its way down soon. Opening longs here might not be the best idea while inside this bear flag / pennant however you want to look at it. Small bounce expected once it hits #5. Entry Between: $2,053 - 1934.36 Take Profit: TP 1 - $1,792.41 TP 2 - $1,613.06 Stop Loss: $2122.11 If you'd like me to analyse any other crypto send me a message or leave a comment 👍🏽 Happy trading! Not Financial Advise. Do Your Own Research.
Short
by priitzzy