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Ethereumanalysis

Ethereum to break support, 1800 here we come!Like all crypto market, Eth has reversed strongly from my pointed-out sell zone yesterday and what took 48h to gain was erased in only 8 hours, giving us a strong clue about the bearish momentum. At this moment the cryptocurrency is trading exactly in 2400 support and a expect a clear break under soon. Bears can target the next important support at the 1750-1800 zone and only a daily close above 2800 would negate this scenario.
BITSTAMP:ETHUSDShort
by Mihai_Iacob
20
Ethereum: Make U-Turn! 🛣 If Ethereum had a satnav, it would be like: “…at the lower edge of the orange-colored zone, make U-turn and follow the road northward.” Ethereum has finished wave iii in orange at the lower end of the orange-colored zone between $2402 and $2195 and has already started wave iv in orange. This countermovement should lead the price into the second orange area between $2710 and $3325. As long as it does not develop any new interim lows, Ethereum should ideally reach $3050 before beginning wave v and turning around again to go back though and below the orange belt between $2402 and $2195.
BITFINEX:ETHUSDLong
by MarketIntel
Bears should be careful of short covering (Btc&Eth outlooks) Bitcoin (main chart): After the false break of 42500 short-term resistance, Bitcoin dropped hard and at the moment of writing is trading at 36k, with a more than 15% drop in 48h. Although the overall trend is grossly bearish, short-sellers should be very careful to an aggressive short-covering rebound. I expect extreme volatility for the Crypto market and I will try to speculate on this possible rebound. 32k-25k old congestion zone can be a good zone to look for a reversal. 38500-39k zone is now resistance and extends slightly above 40k. Ethereum: As usual, EthUsd dives more than Bitcoin, with a more than 25% drop in 48h. Here also a short squeeze rally is possible and a revisit of 2750 now resistance 2400 and slightly under is where I will look for speculative buys. Keep in mind that the trend is strongly down and my suggestions are very risky Best of luck! Mihai Iacob
BITSTAMP:BTCUSDLong
by Mihai_Iacob
31
Ethereum- Higher low in place?Although it has broken under 3200 support, losses for Ethereum are limited and I don't "see" much sell power. The crypto may have found a new low above 3k and a new leg of correction to come. I'm cautiously bullish at this moment with more confirmation above 3200. A daily close above 3200 could expose 3600 important resistance and 3400 is now interim resistance. A drop under 3k would put bearish scenario back in play. Best of luck! Mihai Iacob
BITSTAMP:ETHUSDLong
by Mihai_Iacob
22
Ethereum Breakout Against BTC Soon!!Looking at our ETHBTC daily chart we notice we have been slumping quite a bit against Bitcoin and have since formed a pennant, we are currently approaching the Apex point where we will see a forced breakout, we have about 3 days before that happens so the chance to breakout before is still there. A positive thing is that we are currently holding onto the 0.2 FIB level which is strong support and we also have a few more levels of support directly below us, we have the bottom of the pennant and then we also have strong support at 0.0733, all of these levels provide a good change to rebound to the upside. As for resistance we are looking at the 0.075 level and the top of our pennant, i will say it is very hard to determine where ETH is headed over BTC but i would confidently say we are much overdue for a reversal. Looking at the Stoch RSI we are on our way down after a bearish cross but the good news is that we have support waiting for us in the oversold zone, we almost everytime see a strong reversal out of this area on its own + we have a nice support level for a likely bounce, so this could mean we could be looking at a false downside breakout on price action before then rebounding back to the upside. Now same thing with the RSI we are still currently below the midline which means confirmed downtrend but we have just caught some needed support, we decide to break below this level we have another level of support coming in a bit lower, now this is where the false downside breakout also ties in! The longer outlook goal is of course to break above the 50. mark so we can reclaim a confirmed uptrend! Not financial advice just my opinion!
Long
by JacobR905
ETHEREUM - Trading at the good levels to buy🔴DISCLAIMER ***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ****** Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock/Crypto coins to take a retest after the breakout, it may also continue to have its bullish pressure after the breakout) After reaching our targets, trail your stop loss to get maximum profit from the stock in a single trade
BITSTAMP:ETHUSDLong
by PrakWorld_Traders
Ethereum Breakout!!Ethereum is looking pretty good on a 4HR timeframe we have formed a bullish flag and have since broken out on our current 4HR candle, this is a great sign of whats to potentially come and we could be looking at a continued run here to the upside! Another positive we saw was holding that 0.3 FIB level at 3200 aprx, as for resistance we are looking at 3337$ and 3400$, we had some trouble with the 3400 level at the top of our bullish flag but this time around we should have the momentum to drive right through! Looking at our bollinger bands we are currently above the midline which we closed over and is now support for us, looking at a potential climb to that top band where like you all know could trigger a further run to the upside, historically closing on the top band can trigger fast paced runs to the upside with big momentum, if this is the case for us i think we can easily breakthrough that 3464$ resistance level to start making the push for 3500$ and 3600$! Our RSI is looking very nice we are back up and above the midline and this is a very good sign overall for ethereum, if we can successfully hold above here we are going to be looking at another confirmed uptrend, we have to take out the Yellow SMA which is currently acting as resistance but getting above here adds another cushion of support for the RSI aswell as the midline! Now the Stoch RSI, we have came all the way down to the oversold zone and currently are making a fast reversal with our blue MA leading the charge creating separation from the orange, now thats exactly what we want to continue to see moving forward, making it more difficult to trigger a bearish reversal, could be looking at a bigger upside move coming up soon! Not financial advice just my opinion!
BITSTAMP:ETHUSDLong
by JacobR905
2
ETH Ethereum: 1D and 2D Chart ReviewHello friends, today you can review the technical analysis idea on a 1D and 2D linear scale chart for Ethereum (ETH). I am showing the comparison of the 1D and 2D chart for Ethereum focusing in on the RSI (relative strength index). It has been over a year since the RSI on a 1D chart has been in the oversold region. The RSI on the 2D chart is about to reach oversold. I mapped out other historical RSI points in both charts when it was oversold. I also noted information on how long the Ethereum RSI was in the oversold region. I have drawn in both charts a multi-year support trend line as well as a dash trend line showing the prior cycle all time high as support. Also included in these charts are the Ichimoku Cloud. The 1D chart shows a bit of a red cloud coming up. No major change in Volume. Also shown is the 200 day moving average (200MA). If the price continues to fall but gets supported by the multi-year support trend line, there may be a good chance the Ethereum price could get back to into the top of the Ichimoku Cloud and back to the 200MA range. If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below. 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! #cryptopickk
COINBASE:ETHUSD
by MillionaireEconomics
2
ETH the prince is fallingHello Everyone. In this chart, I plotted what I expect to happen next for Ethereum. Although some were expecting ETH to outperform BTC, the reality is that alts are often topping after BTC, so it was following a similar pattern to the king. There was a fake-out at the All-time high, signalling the reverse trend. From there, ETH has formed the first primary wave of wave C. I expect this Flat correction to end around the end of March, with eth going to 1650. There is a very small chance we may even see 1400 if the wave turned out to be more violent. This won't happen in a straight line. There will be a relief bounce around 2200 which will likely push eth back to 2700. After that, ETH will then head to 1650. Although I tried to be as accurate as possible as the price chart update in the future, I will be more precise. However, I am pretty fund that we will see 1650 by the end of March. This Hypothesis will be invalidated if ETH manages to break back above 4000. Nevertheless, you can also appreciate that this idea agrees with the Elliott wave channel that I have drawn (thick black lines). The good news is that after this painful correction, I expect Ethereum to top out at 20k, which has always been my final target. The timeline has only been delayed. FAs always, make sure you use the proper risk management and place your stop losses. In the market is not essential to be right but to make money and preserve your capital in case you are wrong. FOLLOW ME, SHARE, LIKE AND COMMENT
BINANCE:ETHUSDShort
by CFcryptoTA
5
ETH Ethereum: 1D Chart ReviewHello friends, today you can review the technical analysis idea on a 1D linear scale chart for Ethereum (ETH). The chart is self-explanatory. Ethereum price recently broke down from a Rising Channel inside the Rising Wedge it is currently in. The target move brings the price down to the 0.382 Fibonacci Retracement area. The RSI is currently meeting the resistance line and the Stoch RSI looks like it may be moving back down. Volume has been consistent. In the short-term there may be more downward pressure for Ethereum. If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below. 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! #cryptopickk
COINBASE:ETHUSD
by MillionaireEconomics
10
ETH Making Gains on BTC!!?Ethereum has been performing very well against BTC in the past months making huge gains in a shorter timeframe and i think we are setting up for another big run coming up soon. With the falling of BTC dominance and the rise of Ethereums dominance we are going to start noticing that Bitcoin is likely going to be making minor moves but more sideways price action while the altcoins start to really outperform against BTC. We are not very far off our previous high set set at .088, and its looking like ETH is gearing up to make some new highs and keep this bullish streak going. Looking at our bollinger bands we are just underneath the midline which is currently resistance, what we want to see happen either in 30 minutes from now or at tomorrows daily close is a strong push up and above this point opening the door for us to reach that top band where then we could trigger a big run upwards. The RSI is looking very good we brokethrough the SMA which is now support for us and aswell as the midline, we got up and above here just recently and that is a big key step that we needed. for us to remain in an uptrend we need to hold above this midline on the RSI, falling below and being unable to recover back up puts us in a confirmed downtrend scenario which is never ideal, unless we are talking for BTC.D. The MACD looks very very healthy, we just had a long drawn out 2 bearish period macd cycle and its finally looking like we are coming to an end. Time will tell on our daily close but what we need to see as a start is a open green bar on the histogram with the bars growing in size everyday after that, showing a strong rise in bullish momentum. Second we need to see is a strong bullish cross with our Blue MA pushing away from the orange showing that growth in bull momentum, creating space between the MA's is very important because in this scenario it allows us some breathing room, meaning we can afford to have a couple days of red price action without triggering a bearish cross! Not financial advice just my opinion!
Long
by JacobR905