Ethereumforecast
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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CryptoCheck
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 :-)
If you want it or my SL indicator or My Liquidity Support and Resistance Indicator, let me know.
Thank you.
ETHUSDT - Fractal from FEB 2021 is BULLISHHi Traders, Investors and Speculators of the Charts 📈📉
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.
While you're here: Check out my view on Bitcoin for the SHORT TERM:
_______________________
📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍
We thank you for your support !
CryptoCheck
Ethereum -> More Upside PotentialHello Traders,
welcome to this free and educational multi-timeframe technical analysis .
On the weekly timeframe Ethereum just recently broke out of a very clear triangle formation and since then already had a pump of about 30% towards the upside.
We have the next clear resistance area coming in at $2000 so I do expect the market to have a bullish move into the zone before finding short term resistance there.
On the daily timeframe I am just waiting for the market to break above the previous resistance zone which we are currently testing once again, and after the break I definitely think the market will finally retest the $2000 area.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
Ethereum to breakdown?Ethereum - 24h expiry - We look to Sell a break of 1659 (stop at 1699)
We are trading at overbought extremes.
A Doji style candle has been posted from the high.
A higher correction is expected.
A break of the recent low at 1660 should result in a further move lower.
Bearish divergence is expected to cap gains.
Our profit targets will be 1559 and 1539
Resistance: 1693 / 1708 / 1720
Support: 1660 / 1640 / 1600
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ETHEREUM: Price EXPLODE in the last Hours - $2000 TargetThis year has started off well for crypto investors, with many cryptocurrencies rising in value in recent weeks.
After falling nearly 68% last year, Ethereum is now up more than 26% in 2023. This rise is encouraging for investors, implying that the worst-case scenario of this crypto-winter may be in the rearview mirror.
Ethereum was recently priced at slightly less than $1,500 per token. However, many investors are optimistic about its prospects, and it is possible that it will rise above $2,000. Does this imply that now is a good time to buy?
The cryptocurrency market remains largely speculative. Nobody knows what its future holds, or even if it will exist in a decade or two. So, when deciding where to invest, consider the cryptocurrency's long-term potential.
Ethereum is currently one of the most promising cryptocurrency investments. It has a distinct set of benefits, which include:
Ethereum was launched in 2015, years before competitors such as Solana, Cardano, and Avalanche. It contributed to it becoming one of the most widely used blockchains in the cryptocurrency industry.
Ethereum is also the most popular network for decentralized applications (dApps), such as DeFi projects, NFT markets, and the metaverse. It is also an open-source blockchain, which means that developers can build new projects on it. If any of these projects succeed, Ethereum will only benefit.
Ethereum can also host other cryptocurrencies on its network, and it is home to several well-known projects, including Shiba Inu, Polygon, The Sandbox, and Decentraland. If any cryptocurrency hosted on the Ethereum blockchain becomes successful, Ethereum will benefit.
Ethereum, like any other investment, has drawbacks. For example, the network continues to struggle with slow transaction speeds and high fees, causing users to be dissatisfied.
However, developers are working hard to improve the blockchain. The Merge, the long-awaited 2022 update, went off without a hitch, successfully transitioning Ethereum from a proof-of-work protocol to a proof-of-share protocol. In addition, an upcoming update, Shanghai, will aid in the mining process.
Future Ethereum updates are also expected to improve efficiency and reduce fees, with the most significant of these scheduled for 2023 or 2024.
The decision to invest in Ethereum now will be influenced by a number of factors, including your long-term prospects and risk tolerance.
Again, all cryptocurrencies are still purely speculative at the moment, so despite Ethereum's advantages, there is no guarantee that the sector as a whole will thrive in the long run. However, if you believe in Ethereum's potential and are willing to take the risk, now is an excellent time to invest.
However, before you invest, check your finances and your overall portfolio. Ethereum is no exception to the rule that cryptocurrencies are notoriously volatile. Don't invest anything you can't afford to lose, and make sure you're willing to keep your money invested for a long time. Also, expect more volatility in the short term.
Additionally, ensure that the rest of your portfolio is well-diversified. This will help protect your savings in the event that your cryptocurrency investments fail.
Ethereum can be an excellent long-term investment, but there are no guarantees in the world of cryptocurrencies. It will be easier to decide if this investment is right for you if you assess your risk tolerance.
#ETHUSD- PROBABLY THE BEST TIME TO INVEST!!ETHEREUM long term bias is bullish due to many reason one of the crucial reason is price momentum have changed, already touched the lowest level as crypto crashed, price is currently in process of making big bullish impulses so let's not miss it out on it!!
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