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Ethereumanalysis

ETH Daily TA Neutral BearishETHUSD daily guidance is neutral with a bearish bias. Recommended ratio: 40% ETH, 60% Cash. * SHORT SQUEEZE WATCH . US September Retail Sales came in at $684b , virtually unchanged from August but still 8.2% above September of last year. This strong consumer data will surely influence the Federal Reserve to continue pondering raising FFR by more than 75bps on November 2nd. The 18th GDPNow US Q3 GDP estimate is 2.8% , down from 2.9% on 10/7. Preliminary results for the October UofM Consumer Sentiment Survey show an increase from 58.6 in September to 59.8 in October. Putin made more threats regarding a "global catastrophe" to NATO should they become directly involved in Russia's war against Ukraine. He also set the stage for reclosing the humanitarian corridors Russia agreed to allow Ukraine to use to transport grain and fleeing citizens; this could lead to more supply chain woes in the near future. Cryptos, Equities, Equity Futures, Commodities, GBPUSD, EURUSD, JPYUSD and CNYUSD are all down while DXY, US Treasuries and VIX are up. Key Upcoming Dates: US September Building Permits and Housing Starts at 830am EST 10/19; 19th GDPNow US Q3 GDP estimate 10/19.* Price is currently testing $1270 minor support for the fifth consecutive session as it continues to trade in the largest trading zone (POC) on the chart for twenty three consecutive sessions now. Volume is currently High (moderate) and on track to favor buyers in today's session after favoring sellers in yesterday's session. Parabolic SAR flips bullish at $1389, this margin is mildly bullish. RSI is currently trending up at 43 after bouncing off of the uptrend line (also the lower trendline of the massive Symmetrical Triangle) from November 2018 at 36.91 support, the next resistance is the descending trendline from February 2020 at ~51.25. Stochastic crossed over bullish in today's session and is currently testing 46.76 resistance. MACD remains bullish and is trending up slightly at ~-35 as it continues to test -46.46 minor resistance for the ninth consecutive session. ADX is currently trending sideways at 31 as Price attempts to defend $1270 minor support, this is neutral at the moment. If Price is able to defend $1270 minor support then it will likely aim to retest the 50 MA as resistance at $1427 resistance . However, if Price breaks down here, it will likely retest $1k minor support before potentially retesting $776 support for the first time since January 2021. Mental Stop Loss: (two consecutive closes above) $1270.
COINBASE:ETHUSD
by dailytaguy
#Ethereum Consolidates as a BB Squeeze Forms above $1.25kPast Performance of Ethereum Ethereum prices are, based on the formation in the daily chart, stable. In the previous 24 hours, the coin has been relatively firm but bound within a bear formation pattern. The rejection of prices from spot levels and ETH bulls holding above $1.25k is a net positive. Still, the failure of Ethereum prices to soar above immediate resistance levels at $1.4k means sellers are in control, and there are higher odds of ETH slipping to new 2022 lows. #Ethereum Technical Analysis At spot rates, aggressive traders can continue unloading ETH on every attempt higher. The primary support is at $1.25k, flashing with the 78.6 percent Fibonacci retracement level of the June to August 2022 trade range. This is also the September 2022 low. Considering the significance of $1.25k, ETH must hold above this level, ideally with increasing volumes, if buyers are to build any upside momentum. Presently, a BB squeeze is clear in the daily chart translating to tapering momentum and anticipation of a breakout in any direction in subsequent sessions. Accordingly, risk-on traders can wait, aware that sharp losses below September 2022 lows may see ETH dump to $1.1k or even 2022 lows in a bear continuation formation. What to Expect from #ETH? The downtrend is clear, and sellers are in the driving seat, based on the candlestick arrangement in the daily chart. If buyers are to take control, there must be a strong, high volume and engulfing bar above $1.4k, pointing to a shift in the trend and, possibly, prices bottoming up. Presently, any drop below September 2022 would break bulls' resilience. Resistance level to watch out for: $1.4k Support level to watch out for: $1.25k Disclaimer: Opinions expressed are not investment advice. Do your research.
Short
by Bitcoin_Analyzer
ETH Daily TA Neutral BearishETHUSD daily guidance is neutral bearish. Recommended ratio: 48% ETH, 52% Cash. * BOUNCE WATCH . Cryptos have remained flat through the weekend and Equity Futures are down to start the week. Russia blames the Crimea bridge blast on Ukrainian terrorists and mentioned that the only response is to kill Ukrainian terrorists , so more shelling is to be expected it's more of a matter of whether not the shelling includes tactical nukes or chemical warfare. Key Upcoming Dates: FOMC Minutes at 2pm EST 10/12; September US CPI at 830am EST 10/13; September US Retails Sales at 830am EST 10/14; 18th GDPNow US Q3 GDP Estimate 10/14; UofM October Consumer Sentiment Index at 10am EST 10/15.* Price is currently continuing to trend sideways at ~$1325 for the third consecutive session as it hovers between $1270 minor support and $1427 resistance. Volume is currently on track to remain Low (low) for three consecutive sessions and broke the 4 days streak of sellers dominance by closing in the green in today's session. Parabolic SAR flips bearish at $1254, this margin is bearish at the moment. RSI is currently continuing to trend sideways at 42.5 for a third consecutive session. Stochastic remains bearish and is currently forming a trough at 62, the next support is at 47. MACD remains bullish and is currently breaking above -46.46 minor resistance as it attempts to defy forming a soft peak. ADX is currently trending down slightly at 29 as Price continues to trend sideways, this is neutral at the moment. If Price is able to bounce here it will likely retest $1427 resistance . However, if Price breaks down here it will likely retest $1270 minor support before potentially falling lower to $1k minor support . Mental Stop Loss: (one close above) $1477.
COINBASE:ETHUSD
by dailytaguy
ETH Daily TA Neutral BullishETHUSD daily guidance is neutral with a bullish bias. Recommended ratio: 60% ETH, 40% Cash. * Cleveland Fed President Mester said today that she expects to see an uptick in Unemployment but that the Fed remains "singularly focused on fighting inflation" . In the same regard, she mentioned that she doesn't see any rate cuts in 2023. Key Upcoming Dates: September US Employment Situation at 830am EST 10/07; FOMC Members Kashkari, Waller and Williams speak on 10/07; FOMC Minutes at 2pm EST 10/12; September US CPI at 830am EST 10/13; September US Retails Sales at 830am EST 10/14; UofM October Consumer Sentiment Index at 10am EST 10/15.* Price is continuing to trend sideways at ~$1350 for a fourth consecutive session. Volume has been High (moderate) and favored sellers for the past two sessions, if it closes today's session in the green it will likely imply that more choppy trading is to be expected in the near term. Parabolic SAR flips bearish at $1229, this margin is neutral at the moment. RSI is currently trending up slightly at 46, the next resistance is the descending trendline from February 2020 at ~52. Stochastic remains bullish as it defies a bearish crossover at 96, the next resistance is at max top. MACD remains bullish and is currently continuing to form a soft peak as it tests -46.46 resistance. ADX is currently trending down at 30 as Price continues to trend sideways and attempts to move higher, this is neutral at the moment. If Price is able to break out to the upside then it will likely retest $1427 resistance . However, if Price breaks down here, it will likely retest $1270 minor support . Mental Stop Loss: (two consecutive closes below) $1270.
COINBASE:ETHUSD
by dailytaguy
Ethereum: Aqua AerobicEthereum has been doing aqua aerobic in the blue zone between $1456 and $1013 for a while now, moving up and down along the 61.80%-retracement. Although it could have gained enough drive already to start the ascent, we expect the cryptocurrency to dive a bit deeper still before rising out of the blue zone. As soon as wave (ii) in blue is finished, though, Ethereum should rise out of the blue zone, cross the resistance at $2029 and head for the upper blue zone between $2982 and $3420. However, there is a 40% chance that Ethereum could break through the bottom of the blue zone and drop below the support at $883, thus triggering further descent.
BINANCE:ETHUSD
by MarketIntel
ETHEREUM: LOOKING GOOD.Hello traders, here's a quick scalping long trade set up on ETH. I went long on ETH at $1319 and will surely accumulate the bottom. Entry level between $1294 to 1332. Stop Loss at 1271. Target around $1376 to $1400. Note: This is a short-term trade set-up. Invest only if you have done your research on it cause this is not a financial advice. I am just a T.A guy to help you with my analysis. So, do not rely on one source only, research, compare, analyze and then invest. Trade safely.
Long
by Dexter_The_Trader
4
ETH Daily TA Neutral BullishETHUSD daily guidance is neutral with a bullish bias. Recommended ratio: 52% ETH, 48% Cash. *Cryptos have been choppy over the weekend and are now seeing some buying pressure to finish the week. Equity Futures are currently down to start the week. Key Upcoming Dates: S&P US September Manufacturing PMI at 945am EST 10/03; September Employment Situation at 830am EST 10/07.* Price is currently testing $1270 minor support for the second consecutive session, if Price breaks below this level then it will likely retest $1k psychological support and potentially lower to $776 minor support. Volume has favored sellers in the past four sessions and was Low for the past two consecutive sessions, indicative of weak support at these levels; however, it's currently on track to favor buyers if it can close today's session in the green. Parabolic SAR flips bullish at $1358, this margin is bullish. RSI is currently trending up at 39 after bouncing off of the uptrend line from November 2018 at 36.91 support. Stochastic remains bearish and is currently beginning to form a trough at 66 as it's still technically testing 80.69 support. MACD remains bullish and is currently trending sideways at -69 for the fourth consecutive session, the next resistance (minor) is at -46.46 and the next support is at -90.80. ADX is currently trending up slightly at 34 as Price continues to trend down slightly, this is bearish at the moment. If Price is able to defend $1270 minor support then it will likely retest $1427 resistance . However, if Price breaks down below $1270 minor support, it will likely retest $1k psychological support . Mental Stop Loss: (two consecutive closes below) $1269.54.
COINBASE:ETHUSD
by dailytaguy
ETH Daily TA Neutral BullishETHUSD daily guidance is neutral with a bullish bias. Recommended ratio: 51% ETH, 49% Cash. * BOUNCE WATCH. Cryptos, Equities, Futures, DXY, US Treasuries, Gold and Natural Gas are down while VIX, GBPUSD, EURUSD, Oil, and Agriculture are up. The final US Q2 GDP revision came in at -0.6% compared to -1.6% in Q1 , this is largely due to to a boost in exports and returning consumer spending in the service industry (travel being the leader). Key Upcoming Dates: August US PCE price index at 830am EST 09/30; S&P US September Manufacturing PMI at 945am EST 10/03; September Employment Situation at 830am EST 10/07.* Price is currently continuing to trade sideways at ~$1300 as it aims to defend $1270 minor support for the fifth consecutive session, the next resistance is at ~$1427. Volume is currently Moderate (high) and on track to favor sellers in today's session; it has been alternating between buyer and seller dominance for the past five sessions which is indicative of a critical supply/demand zone (VP) and/or consolidation. Parabolic SAR flips bullish at $1403, this margin is mildly bullish at the moment. RSI is currently trending down at 40 as it approaches a test of the uptrend line from November 2018 at 38 as support and 36.91 support below that. Stochastic is currently bullish and trending up at 77 as it approaches 80.69 resistance. MACD remains bearish and is currently on the verge of crossing over bullish at -73, if it can push to -72 then it would confirm a bullish crossover. ADX is currently slightly trending up at 33 and is beginning to form a soft peak as Price attempts to hold $1270 minor support. If Price is able to keep pushing higher then it will likely retest $1427 resistance . However, if Price breaks down here, it will likely retest $1270 minor support before potentially retesting $1k psychological support. Mental Stop Loss: (one close below) $1270.
COINBASE:ETHUSD
by dailytaguy
#Ethereum Drops, will ETH Prices hold above $1.23k?Past Performance of Ethereum Ethereum gains of September 27 were quickly wiped by the close of yesterday’s bar. Thus far, price action tilts to favor bears from mid this month. The odds of ETH prices caving in further and registering new monthly lows are elevated reading from candlestick arrangement in the daily chart. #Ethereum Technical Analysis Sellers have the upper hand at spot rates, building on gains early last week. From a top-down analysis, bears are stronger and continue to reign. Therefore, for buyers to succeed and ETH to turn the corner, traders should reject attempts to push prices lower, sustaining prices above last week's lows at around $1.23k. Accordingly, in light of this current development, conservative traders can wait for a clean break above $1.5k or $1.23k before initiating traders. If sellers emerge on top, losses below $1.23k would see ETH meltdown towards $1.1k and even $1k in the short term. What to Expect from #ETH? The downward momentum is strong and sellers are firm. The Reversal of September 27 is enough evidence of their grip on price action. With selling pressure of yesterday spilling over to early Asian session, it is highly likely that ETH may slip to print new September lows in a bear trend continuation formation. Resistance level to watch out for: $1.5k Support level to watch out for: $1.23k Disclaimer: Opinions expressed are not investment advice. Do your research.
Short
by Bitcoin_Analyzer
1
Ethereum ( ETHUSDT ) forecast and idea.Hi crypto traders! My view for Ethereum is, With or Without correction, we have a bullish trend. ------------------------------ ✅ ✅ 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. ------------------------------ ✅ 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
Long
by Arash-RK
We expect growth in the coming days ETHEREUM ETH priceAlmost two weeks have passed since the transition of the Ethereum from POW to POS What did we get? Movement along the red route from our previous idea, as well as: - reduction of mining of new coins by -86-90% - falling ETH price A little illogically. The prospect of a decrease in the supply of Ether on the market should have provoked a strong increase in the ETHUSD price It is possible that the trading strategy of large deposits is currently being restructured, taking into account the new minting data of new ETH. And in the future the ETHUSDT price will resume its growth. However, the truth will be that the launch of the MERGE coincided with, how we hope, "final fall" of the crypto market in 2022. And while the BTCUSDT price was close to updating the minimum of 2022, the ETH price stopped at 27% above the June minimum. Ok, in the coming days, we expect the ETHUSDT price to rise to $1575 . There is a crossing of several critical levels, so a correction from there will be very likely. _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
14
ETHEREUM: SYMMETRICAL TRIANGLE BREAKOUTHello traders, here's a quick update and trade setup on ETH in an hourly candle. We can clearly see a nice symmetrical triangle breakout in ETH which looks good. Scalping ETH with a target close to $1400 will be a good call. Breaking down below $1290 will invalidate the trade setup. Should you consider taking this trade? Well, that's up to you and your research. If you find it convincing and are willing to take risks then you can jump in with a tight SL. Note: This is a scalping trade setup. Do not consider this financial advice or a long-term trade setup. All the best.
Long
by Dexter_The_Trader
7
ETH Daily TA Cautiously BearishETHUSD Daily guidance is cautiously bearish. Recommended ratio: 10% ETH, 90% Cash. * SUNDAY SCARIES WATCH . This is one of those rare occasions where FA alone can essentially tell you that Equities and Cryptos are both going to continue seeing selling pressure as long as DXY keeps raging higher. As long as the Fed keeps raising rates and Russia keeps raising reinforcements, this shouldn't be too difficult. DXY looks poised to retest $120 for the first time since 2000-2002 (Dot-Com bubble peaked in 2000). Key Upcoming Dates: September US Consumer Confidence Index at 10am EST 09/27; August US New-Home Sales at 10am EST 09/27; Final US Q2 GDP revision at 830am EST 09/29; August US PCE price index at 830am EST 09/30.* Price is currently attempting to continue trending up after bouncing off of $1270 minor support, the next resistance is at $1427. Volume is currently Moderate (low) and on track to favor buyers for a third consecutive session. Parabolic SAR flips bullish at $1485, this margin is neutral at the moment. RSI is currently trending up slightly at 39 as it attempts to reclaim support of the uptrend line from November 2018 at 38 after bouncing from the uptrend line from January 2022 at ~32 as support; if it can stay above 38 it would imply that Price may have found a near-term bottom. Stochastic remains bullish and is currently testing 17.81 resistance with no signs of peak formation. MACD remains bearish and is currently testing -46.46 support as it continues to form a trough. ADX is currently trending up at 29 as Price continues to fall, this is bearish. If Price is able to continue going up here then it will likely retest $1427 resistance . However, if Price breaks down here it will likely retest $1270 minor support before potentially falling to retest $1k psychological support . Mental Stop Loss: (two consecutive closes above) $1427.
COINBASE:ETHUSD
by dailytaguy
ETH Daily TA Cautiously BearishETHUSD Daily guidance is cautiously bearish. Recommended ratio: 20% ETH, 80% Cash. * The Fed announced a 75bps FFR hike today, and so starting tomorrow the FFR target range will be 3%-3.25% . Cryptos initially rallied on the announcement and are now down while Stocks continued to plummet. Equity Futures and EURUSD are down while VIX and DXY are up; Commodities and US Treasuries remain mixed. Interestingly, looking at the Fed dot plot, twelve of nineteen Fed Presidents and Governors think that FFR should be between 4.5% and 5% at some point in 2023 . Meanwhile, today Putin announced a 'partial mobilization' of 300k Russian military reservists in an escalation of Russia's attack on Ukraine . Key Upcoming Dates: S&P US September Manufacturing PMI at 945am EST 09/23; September Consumer Confidence Index at 10am EST 09/27; August US New-Home Sales at 10am EST 09/27; Final US Q2 GDP revision at 830am EST 09/29; August PCE price index at 830am EST 09/30.* Price is currently trending down at ~$1250 as it breaks away from any hope of hanging on to $1427 support. Volume is High (moderate) and on track to favor sellers for a second consecutive session. Parabolic SAR flips bullish at $1620, this margin is bullish at the moment. RSI is currently trending down at 33 as it quickly approaches a retest of the uptrend line from 01/22/22 at ~31 as support. Stochastic is currently neutral trending sideways at 5 for the fourth consecutive session, the next support is max bottom. MACD remains bearish at -79 as it approaches a test of -46 support for the first time since May 2022. ADX is currently trending up at 24 with no signs of peak formation as Price continues to fall, this is bearish. If Price is able to bounce here then it will likely retest $1427 resistance . However, if Price continues to fall here then it will likely retest $1k psychological support before potentially testing $776 support for the first time since January 2021. Mental Stop Loss: (two consecutive closes above) $1427.
COINBASE:ETHUSD
by dailytaguy
2
ETH major descending triangle ETH / USDT ETH is forming a giant descending triangle and right now Price is testing important key zone of 1300-1250$ What Next ? 1- if bears break 1200$ it’s likely to continue the dump to 1000$-800$ levels and there we have a chance for a double bottom 2- if bulls save current key level .. we will have another minor pump to test 1600$ (major trendline resistance) Before dumping again Important Note : there is no real bull rally below the major trendline (violet color in my chart ) any thing below it is a bear’s territory
Short
by Babenski
25
ETH Daily TA BearishETHUSD Daily guidance is bearish. Recommended ratio: 5% ETH, 95% Cash. *Cryptos are experiencing a Sunday Scaries sell-off to end the week as Equity Futures are down to start the week. This is all likely in anticipation for what is expected to be a volatile week with US Building Permits and Housing Starts data coming in before the Federal Reserve announces what is expected to either be a 75bp or 100bp FFR hike on 09/21 at 2pm. Key Upcoming Dates: US August Building Permits and Housing Starts at 830am EST 09/20; 13th GDPNow US Q3 GDP estimate 09/20; FOMC meeting 09/20-09/21 (Statement Released at 2pm EST on 09/21); S&P US September Manufacturing PMI at 945am EST 09/23.* Price is currently trending down at ~$1300 after breaking below $1427 support in yesterday's session, the next support (psychological) is at ~$1k. Volume was High in yesterday's session and is on track to favor sellers for a second consecutive session if it closes today in the red. Parabolic SAR flips bullish at $1695. RSI is currently trending down at 33 after breaking below the uptrend line from November 2018 at 37 as support, the next support is the uptrend line from 01/22/22 at ~32. Stochastic remains bearish and is currently attempting to crossover bullish at 5 as it approaches a potential test of max bottom. MACD remains bearish and is currently trending down at -61 but is still technically testing -46 minor support; the next support is at -91. ADX is currently trending up at 20 as Price is breaking down, this is mildly bearish at the moment; should ADX climb above 25 AND Price continue lower, this would be very bearish. If Price is able to bounce here then it will likely test $1427 as resistance . However, if Price continues to break down then it will likely retest $1k psychological support . Mental Stop Loss: (two consecutive closes above) $1427.
COINBASE:ETHUSD
by dailytaguy
4
Ethereum Is Rejected | Now Watch out For Inverse H & SHi friends hope you are well and welcome to the new update on the Ethereum coin. Big wedge formation: On the weekly time frame Ethereum has entered a very big falling wedge pattern. Priceline found the support of this pattern in the month of September 2021 then got 1st rejection by the resistance of this pattern in the month of November 2021, then again drop down at the support in the month of January 2022 and rejected by the resistance in the month of April 2022, finally, the priceline again dropped at the support of this wedge in the month of June 2022. Then Ethereum started another rally from June to August 2022 and after the rejection of August there was a price correction, and recently the price has again reached resistance but it is likely to be rejected once again. One thing is for sure, in order to start a big bull run Ethereum needs to breakout this huge wedge pattern. Broke out a channel: On a daily time frame, while moving inside the big falling wedge pattern Ethereum has also formed a down channel and already has broken out the resistance of this channel. The target for this break out is approximately at $3,500, however, so far the priceline is not able to reach the target for this break out from the channel because it has been stopped by the resistance of the bigger wedge pattern. Inverse Head & Shoulder: On the daily time frame, Ethereum has also formed an Inverse Head & Shoulder pattern. The right shoulder can work as strong support which is at $1400. If this support will be broken down then there can be a big drop expected up to the long-term support of $880 and there is also the support of wedge as well. Conclusion: In the short term, the priceline is testing very critical support of the right shoulder of the Inverse Head & Shoulder pattern. If this support will be broken down then price can drop to test the support of the falling wedge pattern and the long-term support of $880, however, in the long term, Ethereum has formed a very big bullish biased falling wedge pattern, and eventually, the priceline can break out the resistance of this wedge. Once Ethereum will be able to break out this big falling wedge pattern then the target can be the top of the wedge which will be approximately $4500.
BITSTAMP:ETHUSD
by moon333
Ethereum Options Idea for 23rd September 2022Since Ethereum has a immediate resistance level at 1580-1600 and immediate support level at 1300-1350, I thought of taking a trade in options by selling Call and Put at 1580 and 1350 levels respectively for an expiry on 23rd September. I would keep a close eye on the FOMC meeting on the 21st, If i manage to get enough premium before the FOMC meeting, then I might as well cut my position. Note: Options can be used when Ethereum is not moving in either direction.
BITSTAMP:ETHUSD
by GenkeiFutura
Ethereum and The correction up to the MA 100 🧐After the drop in last week, we have the price correction up to the MA 100 range. We also see in the pitchfork that an uptrend channel has been created. ⭐⭐ Keep in mind, that the downtrend in the main major channel is not over yet, and there is a possibility of falling again at any moment. ⭐⭐ for now, the buy trade should be done with caution. ------------------------------ ✅ ✅ 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. ------------------------------ ✅ 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
Long
by Arash-RK
Ethereum Forecast & Idea✅ Risk warning, disclaimer: the above is a personal market judgment based on published information and historical chart data on trading-view, And only a few of these analyzes are my actual trades. I hope Traders consider I am not responsible for your trades and investment decision. ------------------------------ ✅ 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. Thanks for your attention
Short
by Arash-RK