Ethereum -> Wait For The CloseHello Traders,
welcome to this free and educational multi-timeframe technical analysis .
On the weekly timeframe Ethereum just recently perfectly retested and also rejected a quite obvious previous weekly resistance area which was turned resistance once again.
You can also see that we are currently retesting weekly support and it seems like the market will close this week's candle with a quite bullish rejection wick, so from a weekly perspective we can still see more continuation towards the upside.
On the daily timeframe however you can see that market structure is bearish, so I am now just waiting for a break above the $1500 resistance area and if we then get a retest and bullish confirmation, the daily timeframe also looks quite promising for a next impulse towards the upside.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
Ethereumforecast
$1500 IS IMMINENT FOR ETHEREUMLooking at y chat and technical analysis, I believe that following the double-top pattern, Ethereum is going to lose some USD to hit $1500.
Also, $1460 is also one of my targets.. it may even go lower, but for now.. lets target $1500
anything is possible in trading, but this is what I think will happen.
please, follow, like and comment
ETH will catch up soon. When to buy? (NEW)ETH has been holding much better than bitcoin. It has also bounced much more than BTC.
We expect that ETH will ´catch up´ and it will drop more if the sentiment overall remains bearish.
It wouldn´t be surprising if we see a strong FUD regarding ETH which would cause a stronger price drop.
ETH real capitulation most likely would cause a huge dump in the whole altcoin market.
In the chart you can see (green horizontal trendlines) where are good levels for a dollar cost averaging (for a long term investment or playing a bounce) .
Many altcoins will die and will never come back, but we believe that despite a huge drop , ETH will survive and will perform very well in the next bull market.
Good luck.
Ethereum ETH Price Targets after the FSB meetingThe Finance Stability Board said today that many stablecoins won`t meet the requirements stipulated in its recommendations for cryptocurrency asset regulation.
This could have have ripple effects in the entire crypto industry!
My price targets for Ethereum ETH are:
ETH/USDT short
Entry Range: $1650 - 1750
Take Profit 1: $1550
Take Profit 2: $1490
Take Profit 3: $1350
Stop Loss: $1890
Ethereum (ETH): Elliott Waves Technical AnalysisFrom a technical point of view, this count predicts a Top formed by an irregular B wave, and this swing should call an impulsive structure (i-ii-iii-iv-v), before a new rally. With that in mind, I have shown the main support (1.065 area) on the chart. The first resistance is wave A, if we manage to break it, this pattern could fail and confirmation will be given by the daily close above wave I. If this scenario appears, we will wait for a deep pullback and look for a long position.
As long as the price action remains above the support the trend is bullish.
My last analysis about Ethereum is very similar:
(Click & Play on Chart below)
REASONS to be BULLISH on EthereumHi Traders, Investors and Speculators of the Charts 📈📉
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year.
Here are a couple of reasons on why I believe more upwards price action is likely for ETH in the near term:
From a trend line analysis, we observe the Bump and Run method which is a trend line based analysis trying to determine when a potential reversal may occur. The Bump and Run method is not a well know method amongst younger traders, but it usually signifies that significant reversals are about to occur.
From a technical indicator analysis, we pull up the moving averages. As observed, the bear market was confirmed when ETHUSDT lost the 100d MA and since then, we can use a time analysis to determine which macro cycle is likely next. Considering that ETH is currently trading right on top of the 100d MA, it has been over 400 days since we recaptured the moving averages successfully. This makes it more likely to believe that upside potential is due soon, as opposed to the alternative.
In another recent update on ETHUSDT, I discovered a fractal that points to similar price patterns that played out a few years ago:
The above considered, I can't help but to be bullish on Ethereum !
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CryptoCheck
Ethereum -> The Support Will HoldHello Traders,
welcome to this free and educational multi-timeframe technical analysis .
On the weekly timeframe Ethereum retested once again a very strong previous weekly resistance area and is currently again rejecting this zone towards the downside.
However also just recently we had a bullish ema crossover and are now starting to create weekly bullish market structure, so I am now just waiting for a retest of the previous weekly support zone and then the next impulse towards the upside.
On the daily timeframe market structure is currently bearish, so everything is pointing towards another retest of the $1500 area from which I then also do expect the next daily rally towards the upside.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
ETHThinking ETH will keep grinding higher while BTC corrects. If you watch ETH longs on Bitfinex you can clearly see that longs are at very low levels. While watching BTC longs on Bitfinex we can see that the trend is parabolic and bitcoin longs are just full ape mode.
Would make sense as well since many alts are lagging the huge BTC move off the $15K lows. Unless you altcion bag has the words AI in their coin summary bio , well then you likely missed most of the Jan- Feb pump.
ETHUSDT - Fractal from 2021 shows +140% ⬆Hi Traders, Investors and Speculators of the Charts 📈📉
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year.
Over the past 3 weeks, I've noticed that fractals from early bull markets during 2018 and 2021 are repeating across the charts. I've made a few updates on charts that have been following similar charts patterns. On Ethereum, I observe similar price behavior around the current resistance zone. If we consider a chart fractal from February 2021, Ethereum could take a brief breather before rallying over $2000. Fractals can be very useful to determine how the price might react on certain price levels judging by historic events. The current immediate resistance zone will be defended by the bears / sellers / suppliers, but if we can see a daily candle close ABOVE this supply zone , the next logical stop is $2000 and beyond. If you're lucky, you may get another chance to buy a little lower before the rally.
Make sure you have a solid trading plan in place to buy the support zone and sell on the resistance zone. And remember... Don't be a Bob-Trader:
The continues market cycle between Bitcoin and altcoins can clearly be seen at the moment. It goes something like this:
🤩 Bitcoin goes UP ... Bob Fomo buys the rally
🤔 Bitcoin corrects ... Bob panics and sells
🤑 Altcoin rallies ... Bob thinks, screw BTC , I'm going all in on this altcoin
😨 Altcoins correct ... Bob panics. Altcoins are scams! Sells everything
🤩 Bitcoin goes up .... Bob Fomo buys the rally
Moral of the story...Don't be like Bob. Don't try to FOMO in whilst the price is going up. Plan your trade, preset your TP and SL.
While you're here 👀 Check out this idea on Bitcoin:
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Market Maker Model on ETH Turns Out Super Bullish!Revisited the Price Action and identified a much clearer vision of Liquidity, Consolidation, and Direction.
Somehow, Ethereum has been very very very precise in its price and as to where it is headed.
This diagram shows the Market Maker Buy Model that happens in all timeframes. It cannot be more precise than this.
Ethereum expected to reach as low as -$650, clearing liquidity and mitigating an old bullish OB.
Enter back into its range, then the new trend begins.
I hope this helps!
Ethereum Idea and ForecastEthereum vs Tether | ETHUSD - ETHUSDT
✅ ✅ 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.
ETHBTC 1D Descending Triangle Until Feb '23ETHBTC appears to be caught in a mid-term descending triangle for the next couple of months. There'll be plenty of movements in and around this area, but we'd expect a net total of about -5% over the course of the next 2 months.
Crypto Tipster v2 is currently showing a Sell signal although the market has been a tad choppy recently, and with a potential squeeze on the cards you'd need to keep your eyes on this one.
Ethereum Price AnalysisPrice is currently taking support at 1600 level which is also 0.786 Fib.
If price breaks above 1740 level, with heavy volume , next resistance can be seen at 2000 level.
If price breaks below 1470 support, next support can be seen at 1360 level.
On a daily timeframe, the price is still above 50 and 200 EMA and RSI above 50.
Important events in the coming week that can increase volatility:
1st March : ISM manufacturing
3rd March: ISM services
Note:
Note: Studies are for educational purposes only.
We will not be responsible for any kind of your Profits & Losses.
Ethereum -> Don't Trust The BearsHello Traders,
welcome to this free and educational multi-timeframe technical analysis .
On the weekly timeframe Ethereum just retested and rejected a quite obvious previous weekly resistance area and is now approaching a previous weekly support zone.
However we are also having a bullish weekly ema crossover and just recently created another higher high, so I am now just waiting for the market to retest the next support zone before then starting the next push towards the upside.
On the daily timeframe you can also see that we are about to retest a previous daily support area, so I am now just waiting for the retest and some bullish confirmation before I then do expect the next push towards the upside.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
ETHEREUM Top Down Long Term Analysis UnfoldedThis pattern for driving liquidity repeats in all asset classes including crypto down to the smallest timeframe.
We are expecting a huge pump towards an unmitigated confirmation block, so called an "ICT Propulsion Block".
Then followed by a fast and huge drop before an explosive pump towards new highs - long term.
Though this is a very bullish pattern, it may take more than a year to reach that bottom of this retracement.
ETH holders, massive potential (235%) coming!#ETH /USD TA Update:-
$ETH currently trading at $1674
Our CTT (Coinlion Trend Trader) told us to enter ETH at $1645. We just have seen a golden cross (bullish sign)
If ETH breaks the resistance of the falling wedge (resistance since November 8th of 2021), it could reach our target at $4072.
Our entry point (02 /17/2023) : $1645
Target point : $4072 (235% profit)
Resistance :
1) $2993
2) $3500
3) $4818
What do you think ?
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Coinlion Trend Trader indicator tells me
- When to enter short or long
- When to exit and take profit :-)
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Thank you.