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Ethereumanalysis

Ethereum is a sell 📉👀This one isn't for you buy and holds I'm not saying Ethereum is going to tank. But our script says it time to sell on this simple 1:1 RR strategy. We are using our trend following EDGE strategy for this trade. Entry details are shown on the chart. Working the 45M time frame here and we're only looking for TP3. Previous trades can be seen on chart. The trade history can be seen at the foot of this trade idea too for full transparency. In that box every trade is logged and can be viewed by clicking the tabs in the report box. You as the viewer of this idea can also do that so go ahead and have a play. ------------------------------------------ I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily. Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way. ------------------------------------------ Please hit the 👍 LIKE button if you like my ideas🙏 Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌 No one likes missing out, do they? Also, see my 'related ideas' below to see more just like this. The stats for this pair are shown below too. Thank you. Darren.
COINBASE:ETHUSDShort
by pow_removetheguesswork
ETH New ATH & Price Discovery!!Ethereum is continuing to run in beast mode almost making new ATH's everyday, we are still travelling up and respecting our ascending channel as we are once again pushing that 0 FIB or our ATH! We could be considered in price discovery mode right now but i think with some big momentum we could be blasting off to go on a huge run to the upside, facing currently no resistance levels once we break above our ATH! We have a bunch of very solid support levels underneath us with the bottom of the ascending channel aswell as uptrend support inside the ascending channel we got the R1 Level which is now support and then aswell as the midline coming from the bollinger bands, if we do see a couple down days i really don't expect us to go very far. Now something else very interesting with the bollinger bands is our price action is currently sitting directly ontop of the top band, and now we haven't seen an explosive climb up this band yet in this ascending channel we could be looking at a mega one coming up soon, our daily close is looking like we will close directly ontop of this band which is always a very very good sign and could send us flying to the upside, plus pair that with our current situation of being in price discovery mode and having little to no resistance above us.. seems like a recipe for a massive run up coming soon! Now the MACD is starting to look good, we have been seeing lots of tight movement from the MA's with a flat histogram but we could be getting ready for another bullish MACD cycle, we are yet to create a bearish cross and if you actually look at the histogram starting from the verticle line i drew we are seeing something very positive, a daily increase in our green bars, this is a very good sign and could be signalling the start of another bullish cycle on the MACD, we gotta see this continue though day after day increasing green bars showing a rise in bullish momentum, we can't see a flat histogram or a decreasing one, this would likely result in a bearish cross putting downside pressure on ETH. Now the MA's are starting to show some positive signs, the blue MA is ticking slightly to the upside which is what we wanna see, we gotta see that separation in the MA's lessening the chance of a near term bear cross and allowing for a little downside without triggering a bear cross! Overall no matter what we do in the coming days i am extremely bullish on ETH and altcoins going through this month, also should point out BTC dominance is currently slightly rising putting some pressure on the altcoins but once we see a rejection or a bit of a drop i think the altmarket is going to start exploding with many coins likely too create new ATH's! Not financial advice just my opinion!
BITSTAMP:ETHUSDLong
by JacobR905
50% pump on ethereumHi, we might have just found support using a linear regression model. From September 21st we have found support on the lower trendline on numerous occasions. But the most interesting part on September 28 we just had a run of 50% from 2800 to 4300. LINEAR REGRESSION -analyzes two separate variables in order to define a single relationship. In chart analysis, this refers to the variables of price and time. NB-If you like my analysis please follow me on twitter.
BINANCE:ETHUSDLong
by trader734567
Ethereum going to breakout!!?Ethereum has been performing so well against bitcoin with us having a huge climb to the upside and we are currently at the apex point of this bullish triangle and we are looking for a breakout! Likely to the upside i personally think, following a breakout upwards i think we could definitely see a rejection off of the next resistance level and then there is some possible sideways movement that will follow, i think that there is a good chance after the rejection we will be coming back down to test the resistance we are currently at as shown by my path, and keep in mind that is a rough path and we could see a longer period of sideways movement. We are also looking at regaining the last pivot point which is shown to the left slightly above our current resistance which would be huge, and then the R1 resistance level and that is part of why i think we will most likely see a rejection once we reach that point. Also should point out that ethereum created a new ATH today on its USD pair and that definitely brings lots of bullish momentum to the table and puts us into price discovery mode which is mega bullish! Another scenario that i should point out is if by chance we see a breakout to the downside we have very solid support coming from the 0.2 FIB where a fakeout scenario could come into play, many traders will think heavier downside is coming if we breakout of this triangle bearish but we will almost certainly bounce off the 0.2 FIB before then taking on the same sort of path just on a longer timeframe, as shown by the yellow path. Now the MACD is looking good we have good spacing inbetween the MA's which is key and lessens the chance of a near term bear cross but the main thing is that id say we still have some momentum to get a nice break to the upside here and once we see that R1 rejection that will likely be the point of a bearish cross but will allow our MACD to reset and cool down a bit before taking off again! Not financial advice just my opinion!
Long
by JacobR905
ETHUSD - Ethereum is going down!My TA on 1D shows that: 1. Price came out from the ascending wedge at its peak. 2. Vertical volume decreased while price went up. 3. RSI shows divergence against price. 4. MACD confirms RSI's divergence. 5. Based on horizontal volumes liquidity for MM is concentrated on given level on the chart. Correction for the last impulse is logical. Correction can fly down Fib starting from 38.2% to 50% and 61.8%. That would be your TP. It is common for ETH to lag behind BTC, but in the end it follows BTC's trend. There is more fundamental analysis on Bitcoin in my article linked below.
BINANCE:ETHUSDShort
by WallStreetFox
1
ETHEREUM #ETH CHART CONCERNSThough I really want Ethereum to continue the rally and get to the next higher high, I am concerned that the rising channel may lose steam with lower volume and RSI still high. Lastly, if BTC can't stay sideways or rising, there may be a correction in sight. Be careful trading. I enjoy creating scenarios. What are your thoughts? Comment below and hit the like please. Thank you! 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 #bitcoin #altcoins
COINBASE:ETHUSD
by MillionaireEconomics
Ethereum Set To Outperform BTC!!Checking out Ethereum vs Bitcoin on the daily timeframe we see a confirmed Bullish Divergence! This pattern signals a reversal coming ETH, we have been in a clear short term downtrend from the highs in the beginning of september and we are finally set to explode against BTC, pair this with Bitcoin dominance starting to slide we could be looking at a mega run for the altcoins! We are currently holding the 0.3 FIB level and we do have support from the bollinger bands midline right below the 0.3 FIB. Something else to take note of is we are pretty close to that top bollinger band and i think if we see a grab onto here we could be sent flying to upside taking out key resistance on the way! Any way you want to look at this bullish divergence it is very very clear, we have been seeing multiple lower highs on price action shown by the green trendlines, we have them from the beginning of september all the way until now! Now that we just got confirmation from the stoch RSI we are set for a massive breakout to the upside in a matter of time, The way you can find divergences is simply by seeing lower highs on price action or higher highs or higher lows or lower lows and then seeing the opposite on an oscillator, i personally like using the stoch RSI. Basically if you see a uptrend line on price action and a downtrend line on the oscillator or vise versa, but keep in mind there are different meanings for each divergence so that is up to you to find out which one you are seeing! Taking a look at the MACD we are seeing on the histogram yet another increase for our daily bar which is a good sign and shows growing bullish momentum, we want to see this continue for that reason, if we do see a decline a bearish cross looms but always remember there is a chance it is a fakeout and we could see a rebound with another bull cycle on the MACD, Notice the MA's we are seeing good separation with the blue continuing to push upwards and moving further away from the orange MA, we also want to see this continue to play out because it lessens the chance of a near term bearish cross and it also shows an increase with the bull momentum! We have many targets we could talk about but the main one for me that i will talk about in a later TA when we actually see a breakout is the highs we saw at the beginning of september, this reversal along with the grabbing of the top bollinger band could most definitely send us up that far but that will be for a later TA as we still have a ways to go! But things are starting to look very very good for ETH and the altcoins and i woulnd't be surprised if we saw a mega altseason coming up in the near future! Not financial advice just my opinion!
Long
by JacobR905
ETH #ETH Ethereum Log Chart $24K incoming?This is a monthly chart on a Log scale for Etherum for three cycles. I included in Fibonacci patterns as well as taking into account days. Drop in a comment and I will surely give you my feedback. I am unsure if it is all too possible but $24K ETH to USD seems to be coming soon. Something is brewing for sure. Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice.
BITSTAMP:ETHUSDLong
by MillionaireEconomics
Ethereum Climbing Back Up!!Since we were trading withing the bullish triangle a little while ago i talked about some very nice looking upside on the horizon and we have seen just that with a strong breakout and a steady climb back to the upside! PS. This drawing was not the Bullish triangle i am referring too i erased it to clean up the chart a bit, we have taken out the 0.2 FIB level and we have had multiple retests with us being successful everytime, another key level we have successfully regained is the 3667$ and again we have had multiple retests succeeding. The next big test we are facing is the 4k level or aprx 3990-4000K level we have had one touch so far and we're rejected but we are still looking strong and seem to be taking a little cooldown resting on our current support level until we make our next move upwards! We also have uptrend support coming from around 2800$ and we have respected it all the way up till now, i see us holding onto this level following it upwards and ultimately i am looking for a reentry of our ascending channel shown above and then eventually the 0 FIB of course coming from our ATH! Looking at our Bollinger bands we seem to be inna very nice spot with price action well above the midline and not far away from that top band, i think we could be in for a rollercoaster ride up the top BB since we have not seen one in quite some time and we keep on wicking too the very top, likely just a matter of time before we have a nice upside day then eventually grabbing onto that top band taking it for a ride likely up towards that 0 FIB level, if the momentum is there i don't see us having too many problems shredding through this level and creating a new ATH and aswell entering price discovery mode! Looking at the Reversal Momentum Indicator we are in a slight downside right now but we see the orange curling heavy to the upside and coming towards the blue, we don't want too see a bearish reversal with the blue going under the orange but we could definitely see a little fakeout where we get a nice bounce off of the orange to continue this upside climb! Checking out the ADX we are looking good and seem to have found some footing a decent bit below our previous high, we are starting to turn to the upside with the direction looking to start an overall reversal after having some significant downside. A must watch for Ethereum is price action grabbing onto that top bollinger band, the RMI getting a bounce and keeping the blue ontop, and aswell the RSI which isn't currently on the chart, we need to stay above the midline to continue the uptrend, we are significantly above the midline currently near the top of the zone so thats why i decided to leave it out of this TA but always keep an eye on that! Not financial advice just my opinion!
BITSTAMP:ETHUSDLong
by JacobR905
Ethereum Daily ChartWe saw the Ethereum movement on the Weekly chart and the rejection from the levels of 85% FR at the numbers of 3970 and then the Crypto currency made its retracement before the Bitcoin therefore we expect consolidation movement before the continuation of the Downside trend from that approach we can position our sell limit orders at the numbers of 3850 with our stop losses above the highest high as usual at 4800 and regarding our targets they will be as shown on the charts with our first target at the number of 2651 and then we might see movement to downside till the numbers of 1730 use strict money management don't move or remove your stop loss Trade safe
COINBASE:ETHUSDShort
by AbdallaAmgad
1
Ethereum Big Upside On The Horizon!!Ethereum recently had a very strong breakout of this pennant and has been pushing the 0.2 FIB for the last 4 days, we want to continue to see momentum pushing upwards and ultimately a daily close above the 0.2 FIB at some point soon, none the less we are looking very good and very bullish! A daily close up and above the 0.2 FIB opens the door back up for us to regain the ascending channel which we fell out of somewhat recently and also as i said opens the door for big upside! Taking a look at the Wavetrend we are just starting to pass the midline and still have quite a bit of room to keep pushing up, and we are showing no signs of stopping, we see the red crosses are below our wave pushing us upwards with bullish momentum and we want to keep seeing our wave push vertically, lessening the chance of us having a bearish crossover and ultimately ending our current bullish wave. Now lets take a look at our squeeze momentum indicator, just today we have crossed over the midpoint and putting out our first green bar in quite some time and after a long drawn out bearish period! Things are really starting to look good, noticing the black crosses which indicate a current squeeze we haven't seen any grey crosses in awhile showing a squeeze release, all this momentum building up could be absolutely huge for Ethereum, once we see those grey crosses and more green bars we likely will be on the verge of a huge run upwards, just like what we saw nearing the end of July, we had a decent red period squeeze and shortly after we turned bullish we got that squeeze release which sent us flying as you can see in the ascending channel. (Remember, keep an eye out for those grey crosses) Now lets look at the ADX or the average directional index, we have been seeing a bigger downslope in the ADX but i have some positive news, it looks like we are catching some longterm support here and we are seeing the ADX starting to curl upwards which is a very great sign! If we can get a bounce off here we could be looking at the next upside "wave" for Ethereum, all things are pointing to this happening, and keep in mind this indicator is very smooth and we don't see any jagged movement or sharp turns up or down, its a gradual move and we could be seeing the beginning of that big move! Not financial advice just my opinion!!
BITSTAMP:ETHUSDLong
by JacobR905
Ethereum Looking very Bullish!!A little bit ago i posted a TA on ETHBTC and we were trading inside of this descending wedge which is a very bullish pattern and i talked about seeing an upcoming breakout and that is exactly what happened! We are starting to gain some nice momentum coming out of this falling wedge and we are coming up on some very important daily closes for ETH against BTC! We are getting a little stuck right underneath this resistance line at aprx 0.0714 and the reversal pivot point just above there, if we can successfully see a strong push above both of these levels at some point soon we can expect Ethereum and altcoins to really start to move, a close above the pivot point in the coming days is key for us, we will likely see a reversal back into an uptrend coming out of our current short term downtrend. Looking at the bollinger bands we have regained a crucial level and that is the midline on the bands, we definitely want to stay above here and keep this level as support and this opens up the window for us to keep moving strongly upwards and eventually getting to that top band, whenever we see price action up and around the top band there is a high chance we grab onto it and go for a big move to the upside, but that'll be for a future TA as we got some work to do before we see that happen. Now checking out the RSI, we have slightly broken up and above the midline after remaining below in a confirmed short term downtrend for a week or two, we want to make sure to hold this level and even see a retest and be successful before really jumping the gun, but personally i think we are going to see at some point soon some big rallies in the overall crypto market, i believe its just a matter of time everything all around is looking pretty great and if you havent already i highly suggest checking out my recent BTC.d divergence TA's! There is something huge coming! Not financial advice just my opinion!
Long
by JacobR905
ETHEREUM , Full Analysis (short-term to long-term)hey guys , the whole analysis is here in the description. make sure you read it all . so let's get it started ! we start with longer terms : this pic is for the ones who are looking for a LONG-TERM analysis , so it'll probably take 1 and half to 2 years for ETH to get there. as you see , Ethereum could be repeating the cycle . I marked two red zones for y'all . both have descending channel and ETH seems to be repeating that pattern again . alrighty , let's move on to the next pic ! so here's our elliott waves ,we had the first two waves . the second wave which is a correction wave is completed and the third wave is already started . so what is our TARGET here ? it's easy to find out the target , just by Fibonacci Extension . and well , 10774 $ is our target and that is when the third wave is probably gonna end . "so 1 question , Armin . when should we buy it ?!" -----> next pic ! as yall see Ethereum broke outta the descending channel and price has gone up a bit . so price is in a triangle . bearish or bullish ? I say bullish due to all of these analysis , but those who wanna buy for the long-term , it's better for the price to break the red line and that's when it's confirmed that it will rise the way I told in the previous pics. so WHEN TO BUY ? after the red line breakout. "Armin , no short-term analysis ?!" , dude wait , check the rest . alright , in this pic the price has met the MA50 , and I'm guessing it'll have a little correction and then go back up ! what are the targets for short-term ? the red zone and then the red line that we talked about earlier. and at the end , here we are with 1H timeframe. there are two waves that I drew , it's simple . either it will break the top of that little triangle and rise after it OR as I said in the previous pic , it will break the bottom and rest a bit and then go back up. So guys this was the full analysis of ETHEREUM , if you liked it , hit the like . and if you wanna see some more , follow ! GoOoOod LuUuUucK !
by ArminChiani
Ethereum ready to take off!!?Looking at Ethereum vs Bitcoin we see a clear descending wedge which is very bullish in itself and as you can see to the left of our current wedge we had another descending wedge which blasted us upwards once we brokeout. Think we are looking very good overall and wouldn't put it past ETH to pull this off again! We have a very heavy support area below us shown by the rectangle, we have the pivot point which acts as support and then aswell as the bottom of the wedge which is also support, on the other hand though we do have a fair amount of resistance above us, the top of the wedge, the 0.2 FIB level, resistance at 0.0741 sats and then the R1 resistance. the beauty of this and the positive is the fact that we have had quite the correction and cooldown across the whole market and plus once we do start to see bullish momentum it is going to be explosive, plus don't forget the very bullish pattern we are currently in, once we start to take off i would say we can most likely easily blast through most of these levels because they are so close, and i would expect us to reach the R1 level before we start to see some pushback from the bears, even at that point though i think we could shred right through there after a couple attempts at the level. Looking at the MACD we are seeing a steady decline in the red bearish bars day after day and thats exactly what we want, bearish momentum draining out and giving the bulls that chance to really takeover. On the MA's we are seeing them getting pretty close together which is a good sign, meaning we are getting closer to a bullish cross, however there could still be a couple or few more days of decline due to the fact that the blue MA is slightly turning to the downside. The Wavetrend overall looks great, we are nearing the bottom zone which is the buy zone and we are seeing what looks like a sort of bottom out from this downtrend wave, like i said with the MACD we could still see a bit of a decline on the wavetrend but i really doubt we go much further, we want to keep an eye on those red crosses and as you can see we are pretty close to getting them underneath our wave to start giving us that push back up! Not financial advice just my opinion!
Long
by JacobR905