Get started

Ethereumanalysis

ETH DOMINANCE READY FOR A RUN UP!!Checking out ETH's dominance we notice that it looks like we have found some decent support here at 18.20% and we are seeing a couple transition candles, one a couple days ago and another one in the making today, now if we can hold this support and have another green transition candle i think we are set to make another run up! First off id like to compare the ETHUSD chart shown in the first pane (orange) vs the eth dominance chart, as we can see i've marked the start of run ups with vertical lines and as u notice when dominance starts to rise up so does the ETH price, as shown in the first pane, we have been in a nice uptrend recently on ETHUSD and now that we have seemed to have found a bottom here i think we are going to continue this, now keep in mind if BTC falls off a cliff this TA probably wont be valid anymore! Checking out the MACD we are looking good and it seems like we are starting to see a pushback and eventually a bullish cross, histogram is getting real flat and not moving a whole lot anymore. The Stoch RSI looks very good we are starting to see what looks like a huge upswing and an upcoming bullish crossover, even better we are currently in the oversold zone and it doesn't look like we have really anywhere else to go but upwards! Same thing kind of for the RSI we aren't in oversold but we have dipped into the confirmed downtrend area but i don't like its going to last, i think we are gonna see a blast right through that midline back into uptrend territory, we aren't very far off the midline and we are moving upwards now pointing in the right direction! Not financial advice just my opinion!
CRYPTOCAP:ETH.DLong
by JacobR905
Ethereum you are diehard. Folks, ETH.. is doing it's thing.. I have so much confidence in Ethereum for the future that I am going to re write my strategy for the long run.. I am going to look more in to trades with the ETH pairs.. Because my believe in the ETH I want to gain more ETH.. You will see me more posting in the future on ETH and the ETH pairs... Also with the Bitcoin pairs.. As many of the USDT pairs are running most of the BTC + ETH pairs are accumulating strength to start running in the near future.. What is your strategy???
Long
by MoneyMakingMuro
4
Ethereum SHORT introducing USD smart contracts blockchainEthereum failed to recover above the $3,120 pivot zone against the US Dollar. ETH price is declining and it could extend its losses below $2,950. Ethereum struggled to recover above the $3,120 and $3,125 resistance levels. The price is now trading below $3,080 and the 100 hourly simple moving average. There is a major bearish trend line forming with resistance near $3,150 on the hourly chart of ETH/USD (data feed via Kraken). The pair could accelerate lower if there is a close below the $2,950 low. Ethereum Price Remains At Risk Ethereum started an upside correction from the $2,950 low, similar to bitcoin. ETH price surpassed the $3,000 and $3,050 resistance levels. There was a break above the 23.6% Fib retracement level of the key drop from the $3,280 swing high to $2,950 low. Ether even spiked above the $3,100 level, but there was no upside continuation above the $3,120 resistance level (the last key breakdown zone).The price also remained well below $3,150 and the 100 hourly simple moving average. It seems like ether was rejected near the 50% Fib retracement level of the key drop from the $3,280 swing high to $2,950 low. There is also a major bearish trend line forming with resistance near $3,150 on the hourly chart of ETH/USD. It is now moving lower and trading below the $3,000 support. On the upside, an initial resistance is near the $3,025 level. The first key resistance is now forming near the $3,080 level. The main resistance is still near the $3,120 level. A clear break and close above the $3,120 zone might start a fresh increase. In the stated scenario, the price might recover towards the $3,200 resistance. If ethereum fails to continue higher above the $3,080 and $3,120 resistance levels, it could extend its decline. An immediate support on the downside is near the $2,950 level. A downside break below the $2,950 support zone could spark a sharp decline in the near term. The next major support could be $2,880, below which the bears might aim a test of the $2,600 support zone. Technical Indicators Hourly MACD – The MACD for ETH/USD is now gaining pace in the bearish zone. Hourly RSI – The RSI for ETH/USD is now below the 40 level. Major Support Level – $2,950 Major Resistance Level – $3,120 My name is Jarrod Cronin. I have created the USD smart contract blockchain. Ethereum is a network that came out many years ago. It is a smart contract blockchain. My United States Dollar smart contract blockchain is the fastest blockchain in the world. This Block Chain has the lowest fees in the entire world of a few cents per transaction. My blockchain will never get congested. My company is called The Magnificent Eight and I am looking for investors. The valuation of my company is at the lowest 300 million right now. My affiliate company UnstoppableDomains has created NFT domain name receive addresses on 13 TLD extensions such as .Coin, .Crypto., .Bitcoin, .X, .888, .Blockchain, .Zil, and more. With the open-source Cake Wallet from UnstoppableDomains you can currently hold Monero Bitcoin Litecoin however you'll be able to hold 275 cryptocurrencies coming soon. Also with my USD blockchain The Exchange is currently called USD.Trade that works just like Pancake Swap or Uniswap.The Binance Smart Chain blockchain is a smart contracts blockchain that is fast reliable and only costs pennies. It will stay like that and so will USD. Now is the time to get into Binance BNB. Currently I am in talks with Coin-Flip ATM to hold USD cryptocurrency in every ATM. in America. ;) I am currently developing the USD NFT protocol to integrate with the Rarible protocol. The Rarible Shared order book. So your NFT will be sold on platform A even if it's listed on platform B.
BITSTAMP:ETHUSDShort
by Henrywaters
1
ETH Falls Back On The Drawing Board, Can $3,000 Hold? Ethereum price gradually loses ground to $3,000 as the MACD flashes a sell signal. The SuperTrend indicator spots a bearish signal, adding credence to the pessimistic outlook. Firm support at $3,000 will avert the potential losses to $2,800, thus allowing another recovery attempt to $4,000. Ethereum price continues to lose more ground mid through the week’s trading. Earlier, the gigantic smart contract token had made haste above $3,300, but a barrier at $3,350 curtailed bullish efforts. Realize that Ether must bring down the stubborn seller congestion at $3,400 to have a fighting chance for gains heading to $4,000. Meanwhile, ETH is trading at $3,025 after resting support at $3,000. Holding this support could eventually nullify the calls for declines to $2,800 and perhaps resume the uptrend. Ethereum Price Deals With Rising Overhead Pressure According to the daily chart, the Moving Average Convergence Divergence (MACD) has a bearish outlook, adding weight to the anticipated losses below $3,000. On Tuesday, the sell signal occurred as the 12-day Exponential Moving Average (SMA) crossed below the 26-EMA. Ethereum will keep dropping as long as the MACD closes the gap back to the mean line. Traders can also watch out for increasing divergence between the EMAs, which will signify rising overhead pressure. The Relative Strength Index (RSI) shows that bears are in the cockpit, and its movement under the midline would accentuate their grip on Ethereum. Simultaneously, the SuperTrend indicator recently added credence to the bearish narrative, calling to sell ETH. This technical tool tracks Ethereum’s price like a moving average. However, it incorporates the average true range (ATR) in its calculations, thus gauging volatility. In turn, either a buy or sell signal is sent to help traders decide on entry and exit positions. A sell signal occurs when the indicator the SuperTrend closes the day below the price and manifests with the color changing from green to red. If the technical picture stays unchanged, investors can expect another drop in Ethereum price, perhaps $2,800. Note that the 100 SMA provides Ether with immediate support on the four-hour chart. Ethereum Intraday Levels Spot rate: $3,025 Trend: Bearish Volatility: Low Support: $3,000 and $2,800 Resistance: $3,200 and $3,400
COINBASE:ETHUSDShort
by CoinGape
2
CountOnCrypto - Ethereum : Bitcoin Bull Flag - 11/08/2021Good morning TradingView, there is currently a large bull flag on the ETH:BTC pair, I have had this charted for a while now but only just realised it broke out. I'm expecting another breakout very shortly; I will be looking for confirmation of a volume spike this daily close on the money flow index. It appears that we're already breaking out slightly but it's too early to confirm, the spike in volume would be best met with a decrease in Bitcoin Dominance, you can view that on the BTC.D chart! The recent higher high that began to break above the .5 Fibonacci retracement level but Bitcoin out-performed Ethereum then. You can view evidence of that by backdating both charts in confluence with the dates. You should also research the Bitcoin dominance cycle, there is a great guide on this found here on TradingView. Finally, the breakout based on the flagpole(s) would coincidentally bring us to the same level at 0.082400; this would coincidentally be a double top. Please do your own research before entering money in the market, trading is very hard and requires lots of practice.
Long
by CountOnCrypto
Ethereum to 5K!?Eth has undoubtedly been out performing the market recently after the mega bullish london and eip1559 upgrade went live, we are currently on our 19th green candle inna row! Now something pretty important for strictly ETH is the EMA ribbons, no one else in the market has managed to reflip the EMA ribbons back to bullish, and keep in mind this indicator is more long term rather than short, we have been able to get the green ribbons back ontop of the red which is very important, it shows the momentum is flipping back to the bulls and we have been seeing that for the last 20 days, if we can see the EMA ribbons fully spread out we will be in for a huge rally even bigger than we are seeing, as you can see to the left when the EMA ribbons started to open up bullish that is when we saw ETH shoot up to create that new ATH. We are also smashing through resistances like the R2 as the most recent and now we are on the push for that R3 or the 0.2 FIB level which is the last FIB before our ATH, we probably will see a rejection at the 0.2 FIB because it is a pretty strong level but if we keep up the momentum we will no doubt fly through at some point. Looking at the MACD we look very good we are seeing continued separation which is always key and we are showing no signs of slowing down, we are starting to point to the upside aswell, the histogram is looking okay we are sort of flattened out but our green bars are for the most part staying level with our previous ones so aslong as the MA's continue to shoot up and separate we are looking fantastic! Not financial advice just my opinion!
BITSTAMP:ETHUSDLong
by JacobR905
2
Ethereum Head and Shoulders Potential Short!Ethereum is potentially forming a head and shoulders pattern. The neckline is at 2660, so if price breaks below this level with strong volume, I will consider taking a short. The technical price target is at 2555. If price doesn't break below 2660, then I wont be taking a short. Check out my daily videos for more in-depth technical analysis and trade setups for Bitcoin, Ethereum, and Altcoins. Why follow? 1. Community of Technical Analysts sharing analysis and trades 2. Live tracking of whale wallet movements 3. Live update of the latest important news 4. Live syncing of popular crypto tweets 5. Ebook covering how to be profitable in the cryptocurrency market As always, I’m not a financial advisor, all information presented is for educational purposes only and not meant as financial or investment advice, do your own research, and stay safe!
Short
by cryptotraderog
4
ETH about to explode!!!Ethereum is looking hella bullish right now we have had a nice run up all the way to our current resistance level at 2324$ (USD) we could see a rejection today but i think we are bound to break through here and continue our run up in the coming days, we have easily regained the 50 day SMA now well above it which will now act as support aswell as the 200 day SMA which is absolutely huge for ETH! Now we are looking at taking back the 100 day SMA which sits a little bit above us right now but once we continue our run i think taking this SMA back is inevitable! We had a beautiful break out of the top of this descending triangle on the 13th try if we count wicks lol, we could have a bit of a cooloff now because of the repeated green candles but i don't think we should worry we have lots and lots of underneath support. Looking at the Bollinger bands just like i said with xrp we are right on that top band and we could definitely see a big run up due to this, either tomorrow or in the coming days im thinking. Realistically this should give us way more than enough momentum to shoot up and blast right through the 100 day SMA turning it into again support. We recently had a very nice bullish cross on the daily MACD and now we are starting to see some nice separation within the bands which is always a positive sign and for sure reduces the chances of us having a soon bearish cross, we want to continue to see the blue MA take off away from the orange MA, also to keep seeing bigger or equal bars on the histogram, looking at it compared to our last bullish cross we realistically have many more green days to come histogram wise and if we see a similar cycle this time around, overall very bullish on Ethereum and altcoins as we are starting to see the reversal back into this bullish cycle! Not financial advice just my opinion!
BITSTAMP:ETHUSDLong
by JacobR905
2
Ethereum Consolidating for HUGE Breakout SOON! 2350 Incoming?!Ethereum is consolidating in a symmetrical triangle after the most recent bullish rally. From a purely technical analysis perspective, there is a higher likeliness that price breaks upwards since price rallied into the triangle. That said, we want to wait for a breakout and confirmation before jumping into any trades. If price breaks to the upside, the potential target is at 2340. If price breaks to the downside, then the 200MAs at 2115 could be an area of potential support and therefore a good place to take profits from a short. The 200MAs is a good place to place a potential long as well if price drops down to that level. Check out my daily videos for more in-depth technical analysis and trade setups for Bitcoin , Ethereum , and Altcoins. Why follow? 1. Community of Technical Analysts sharing analysis and trades 2. Live tracking of whale wallet movements 3. Live update of the latest important news 4. Live syncing of popular crypto tweets 5. Ebook covering how to be profitable in the cryptocurrency market As always, I’m not a financial advisor, all information presented is for educational purposes only and not meant as financial or investment advice, do your own research, and stay safe!
Long
by cryptotraderog
4
Another ETHEREUM AnalysisAll signs point to 20k I know it sounds ridiculous, but consider it. Pull a 2017 Bitcoin. ETHUSD's first bull run pushed it up 23000% Assume this occurs again This places the price at just above 20k With structural similarities, volume rising, and beautiful fundamentals. I wouldn't doubt it. ETHBTC is displaying dangerously bullish signs with the current bullflag formed It wants to form a channel from this recently acquired bull trend, which I have shown (parallel channel) For this channel to form a large upward move would be needed, which I have plotted (bars pattern) Putting ETHBTC at .25 briefly With BTC also rallying to possibly (80 - 100k) The price of one Ether would be 20k Attached are my other popular analyses that also point to this
KRAKEN:ETHUSDLong
by Bixley
3