Ethereumdollar
Alligator Fakeout's, 58% Time will tell I guess
I am hodling my bullish stance
Yes it does look like a top formation, however time does not warrant a top this early
With everything going on around the Ethereum space (NFT's, DeFi) A run greater than that of BTC's 2017 run is expected by me.
I am long Ethereum
EthUsd- down after consolidationAfter breaking under 2200 support, Ethereum has started to consolidate.
In my opinion, a new leg down will follow and I maintain my 1800 target.
EthUsd above 2200 would delay this bearish scenario
Ethereum - this could be the best area to buy!!! 🤑🤑New update on ETH. On the Ethereum chart, we see that the price broke the important $2.177 level, closed above, tested it as support, and went up. Locally, we also see a trend line, which prevents prices from declining and is strong support. If the price corrects to the area marked below, it could be a good time to buy with the targets marked above!
Write in the comments all your questions and instruments analysis of which you want to see.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
Ethereum Hourly Idea ETHUSDA symmetrical triangle followed by a descending broadening wedge
now we are presented with a rising wedge which usually results in a downward outcome (red bars pattern)
The red bars pattern hits the downtrend and 1.618 at the same time, providing a huge support
This is the optimal entry point
Yellow zones are just areas of importance (rejection areas, fib level touches)
Idea for people trading lower timeframes
I am long Ethereum
More Ethereum Thoughts ETHUSDLooking at the chart over and over again
Using Sine lines to plot the tops and bottoms
These lines also suggest June 2022 for Ethereum's bull run end as have many of my previous analyses
Can also be interpreted as phases of UP,DOWN,UP
20k is a long way away, but remember Bitcoin in 2017, these things do happen.
Personally the NFT space is a great pocket of peers to relate with for myself
20K would be nice.
Ethereum Deathcross and New TrendlineEthereum has performed a 50, 100MA Deathcross
Also a new trendline has established, if this is true this trendline and hodls, the price will skyrocket
I expect price to dip a bit below the trendline and recover (black circles)
ETHUSD 20K and Mosaic Using spirals we can predict future tops
In this case it points to 20k
Also included a mosaic using triangles
Spot the Triangle ETHUSDETHUSD is currently in a large falling wedge on the 4Hr chart
This will most likely break out to the upside
You can see how many rising wedges (supposedly bearish) break out to the upside on a low timeframe (4Hr)
More of an artistic piece than a forecast, but the falling wedge still hodls potential
I am long Ethereum
Check out charts below for sharper ideas
Daily Eth analysis: Strong move into resistance, is it enough???***Welcome crypto community, I do daily Bitcoin / Ethereum review here, please follow, like, provide your feedback. Also if you have other chart requests please let me know***
As we concluded in the last couple of posts, it's important for Eth to cross above ~2200 resistance area.
Chart and levels are pretty clear, Etherum showed a lot of strength going into resistance yesterday, but momentum has slowed down a bit since today morning, we shall see how daily closes today.
Of course, it is not advisable to long into the resistance area, if we get any drop towards the 2040 area, then that's an area we can long with some stop of 1950 area or a bit lower.
Happy Trading!
PS: This is not financial advice, DYOR. please position your trading size
ETHUSD Where to expect the next move UPAn idea using a fib circle of the trend through the bear market
Shows price sitting just above 2.618
Price may float around ~1900, 2000 until early -> mid July
I hodl ETH
ETHUSD - Price Meets SupportStructurally price is finding old support at 1300-1700 zone. Look for W-harmonic pattern and breaks above any long-term resistance trends on RSI and Price.
Ethereum Scythe ETHUSDScythe usually (from past observations) lead to bullish continuation
If the lower band of the fib channel holds it will break out beautifully
Ethereum Price analysis. Daily closed below 200 moving averageeTHEREUM PRICE TODAY CLOSED BELOW 200 MA THAT IS A SIGN OF A VERY BEARISH SCENARIO.
I AM EXPECTING IT WILL HIT 1400 AREA SOONER THAT IS PREVIOUS ATH.
IF 1400 WILL NOT HOLD LONGER THEN WE CAN SEE SOME PRICE DROP AND FREE FALL OF ETHEREUM.
CURRENT SITUATION IS VERY BEARISH.
STAY SAFE
ETH: Shorting resistanceETHUSDT is at resistance and the chances of a breakout look slim.
Based on my analysis, that:
2K is now resistance
180 EMA is acting as resistance above 2K
We will reenter the Ichimoku cloud and move down
I have looked at ETHUSDT in higher timeframes (Daily and 4HR) it really looks bearish based on what I have seen, (Links below).
I'm opening a short at 2013 with a STOP LOSS at 2070.
ETH: Still bearishETHUSDT right now is still in a downtrend, and with a strong resistance above it.
ETHUSDT is at the 2K resistance and to further reinforce the bearish bias:
Below the Ichimoku cloud
Below the 180 EMA
Still in a downtrend
I believe we are in a new range for ETHUSDT with the upper resistance at 2K and the lower support at 1.4K, other s/r can exist within the range.
Considering the last time we were in this range it took 67 days to breakout, we need further consolidation before anything can happen on the upside.
Most probably we will be hitting the 1.4K support a few times in the next coming days.
ETHBTC Gaussian Channel, Perfect PlacementThis looks great
Sitting just above the channel
Now we just wait until the channel turns green which is highly likely with a position like this
ETHBTC is very bullish based on this observation
ETHUSD Monthly ObservationComparison between similar candles
Only if this current monthly candle closes below the giant one formed prior is a bear market confirmed
Until then, bulls have dominance, even if it seems they don't
Don't get shaken out
The giant wick acts as a support
ETH: Ready for a breakdown?ETHUSDT looks ready for a breakdown:
We are above the 180 EMA, resistance-turned-support, and the Ichimoku cloud.
But, we have formed a triangle, that looks ready for a break, considering the current trend is still a downtrend.
The triangle will probably break down pushing us below the Ichimoku cloud, turning it into resistance.
Volume has been following quite closely the moves in price, so no divergence here.
I believe this last few hits against this area of support have eroded the buyer's capacity for keeping prices this high, confidence is not great and bearish sentiment might soon go into overdrive at any sign of FUD.
Based on this, I'm really looking for lower ETHUSDT prices and going back into the 2K to 1.5K range for a while.
ALWAYS PRACTICE RISK MANAGEMENT, RISK MANAGEMENT IS THE MOST IMPORTANT SKILL IN TRADING.
Other occasions the 100MA was tested ETHUSDChart showing other times the 100MA was tested
Pretty bullish signs are evident
ETHUSD The Only Trend Line You NeedRestating this as I feel my first post for ETH and this was overlooked possibly,
This is a massive trend formation for the bulls
It will likely hold even against Bitcoin
At with the approaching 100MA test, that time may be soon
ETH looks really bullish, while BTC looks to find support..
ETH: Careful with a triangle breakdown and DUMP.ETHUSDT has significantly dropped since the ATH of may the 15th.
with a 60% drop and $2650 down in only 8 days before hitting a local bottom and recovering until the current triangle was formed.
This powerful downtrend seems to be stopped right now, as we form this triangle, volume keeps steady.
This triangle may soon breakdown, I'm basing this bearish scenario on the following:
The current trend is bearish
Bearish Kumo twist has already formed ahead
The rather bearish Price action of the few last days
Based on this I believe this breakdown will be followed by a small bounce from the area of support that consists of previous resistance of 2K to 1.5K range, the 180 EMA, and the Ichimoku cloud.
If this bounce is rather weak we will probably continue the downward pull.
