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Ethereumforecast

99% of Cryptocurrency is crapWhat would happen if Ethereum lost the entirety of its value and dropped to zero? How would this affect the industry and investors? Ethereum's price started climbing steadily and then shot up to over $300 in June of the same year. Ethereum's price then remained in the low hundreds until early 2018, when it surpassed $1,000 for the first time. It wasn't until the crypto boom of early 2021 that Ethereum hit multiple thousands in price. This sharp rise in price isn’t sustainable in a market environment like this, which is highly influenced by the stock market and Geo political factors, this is why I think most cryptos including Ethereum will fail and people who bought NFTs are the real losers not traders. So therefore once ETH breaks below 300$ again it can just drop like a rock to its bottom around 11$. Bitcoin could be at 8000$ again as it get dragged down by the other coins.
BITSTAMP:ETHUSDShort
by BTC-Blockchain
Ethereum ETH price wondering where to go nextThe ETHUSDT price has begun its correction, along with the entire crypto market. But in fact, it has held up better than the BTCUSDT price, and has not yet updated the lows of late January. By the way, at the beginning of the week, we published a fractal on the BTCUSDT chart, and it is working out quite well. Now the whole world is waiting for February 14: couples in love to celebrate Valentine's Day, and traders in financial assets to wait for the US CPI to be released. If the inflation rate is lower than expected, it is very likely that the growth trend will continue. If the inflation rate is equal to or higher than forecast, financial markets and especially cryptocurrencies will continue to correct downward. For the ETH price, the ideal correction for continued growth is in the range of $1400-1420 Critical correction to $1340, below that, there could be trouble. What are your expectations for the further movement of the ETHUSD price? Write in the comments _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
34
ETH/USD Daily Levels — February 1st, 2023Looking at the Daily TF of Ethereum, we can see a very similar structure to Bitcoin, but a little more manipulated in the price action. The manipulation zone is a bit bigger and the accumulation zone is a bit smaller, where as Bitcoin, the move was made as clear as day. Usually, I use Bitcoin to chart out the flows for the market and trade on Ethereum to juice higher returns for my portfolio. Anyways, moving onto the chart patterns, we played this move upwards from $1,161 to selling at our distrubtion level at ~$1640. From here, i’ve been out of the market and waiting patiently for a new entry. I genuinely thought we’d come back down and retest the top of the accumulation zone (even if it were a scam wick), however, the market makers have a different game plan. We’re still chilling in the distribution zone after the FOMC today and they’re printing a buy side sweep to suck in retail liquidity before pushing the price down. I wouldn’t be surprised if the top of the distribution zone hit as many people still need to offload their positions and are greedy, however, this buy side sweep we just printed on the daily looks very convincing. It’s also something to note that the Shanghai testnet is dropping and the Ethereum team usually drops the new network upgrade at local tops in the market. I believe that we should close out this distribution zone herer soon and retest the accumulation zone. Unlike Bitcoin, I don’t believe we’ll see the start of the yearly candle retest unless it’s a quick wick down as it’ll get bought up relatively fast, similar to what we saw in the FTX meltdown in November of last year. This move we made completely reversed the entire FTX meltdown and we’ve returned to the mean as of now. However, we do need to retest the start of the uptrend or at least somewhere near the start of the uptrend and that would send the price of Ethereum down to $1287 - $1347, forming a higher low, before continuing it’s move upwards. It’s going to be a while before we see all time highs again, most likely around the Bitcoin halving event, the same as the previous two cycles. In the meantime, we can continue milking the market and stacking more trading profits into our long term Ethereum holdings before the next bull market cycle.
BITSTAMP:ETHUSDShort
by kyer
3
Ethereum -> The Beginning Of The Next BullrunHello Traders, welcome to this free and educational multi-timeframe technical analysis. From a weekly perspective Ethereum and the whole crypto market is looking like it is potentially slowly starting the beginning of the next crypto-cycle. On Ethereum specifically it seems like the market just wants to head higher and create a very bullish long term double bottom, before then eventually starting a short term correction to the downside. On the daily timeframe I am now just waiting for an opportunity to enter a long postition, however the market is currently testing previous resistance which is turned resistance once again, so I am just waiting for a break above the zone, followed by a retest and then there is a high probability that we will actually see the continuation towards the upside. Thank you for watching and I will see you tomorrow! You can also check out my previous analysis of this asset:
Long
by basictradingtv
41
Ethereum's game changer moment 1.1.2023March 2020 to Jan 2023 support trend-line confirmed recently with another bounce of higher lows. Highlighted on chart previous times we've had the support tested since March 2020, rally which followed was aggressive and substantial. 1) August 2020 to April 2021 - $4,054 gain per coin, 1012% increase. 2) June to August 2022 - $1,100 gain per coin, 120% increase. 3) October to November 2022 - $588 gain per coin, 53% increase. Most recently support was tested December 20th and since gained about $50 per coin from the low, confirming the big picture support to be relevant. Connecting highs since the ATH November 2021 at $4,800 per coin show resistance to be around $1,426. Connecting lows since the low of $93 per coin back March 2020 show support to be around $1,050. The pattern which is formed is a big triangle consolidation of 3 years - Price currently trades very close to the apex and there could be a breakout above or below mentioned levels within the next quarter. In my opinion, there's higher potential is for a break up considering higher lows were kept for the entire 3 year period, even through the panic selling caused by FTX and other industry shacking events. ------------------------------------------------------------------------------------------------------------------- I encourage you to do your own research, make your own judgement and take cautious decisions keeping in mind trading is speculative and can be unpredictable. -------------------------------------------------------------------------------------------------------------------
BITSTAMP:ETHUSDLong
by Exactus
2
Trend Ethereum Is Getting Weaker Ethereum's uptrend is weakening. This is not unexpected given that we are already at a key point in the cycles of both Ethereum and Bitcoin. The previous two tops were discovered after 58 and 43 days, respectively, while Ethereum's local top was discovered after 61 days. Not only do we notice a daily cycle pattern, but Ethereum has also found resistance at the first critical point of 1700 USD. As the trend weakens, we're seeing a lower high. Why is the trend weakening? This is represented not just in the rsi, but also in our indicator Fetch Trends, which utilizes the rsi to calculate its colors. On top of that, our other indicator "moving average sequential strat" is firing off a sell signal, giving me us plenty of reasons to think the local top for Ethereum is either close or in.
COINBASE:ETHUSDShort
by FetchTeam
Ethereum ETH is crashing right now!Hello, my dear friends! Today I am crazy man because there is a third analysis today. I know that a lot of traders suppose that Ethereum is the strong asset, but I want to tell you that current crash is still not over and we can see today the massive triggering of the short signals. First of all I want to warn you that I am not going to open short on ETH using the setup above because I have the short trade on Bitcoin. 4h time frame of the BINANCE:ETHUSDT chart is showing us that the key down fractal has been broken below the Williams Alligator indicator’s red line. The price was $1554 . If you have already executed the short trade your stop loss should be placed at $1663 . I consider the potential target inside the Fibonacci golden pocket zone at $1380 . When the price will reach this price I am going to watch out the market carefully to execute the long trade on the potential reversal setup. Best regards, Ivan ________________________________________________________________________________________________ If you like my trade ideas, please smash the boost button to stimulate me make more quality analytics!
Short
by Skyrexio
11
Ethereum Mercury Line ResistanceAs we can see Ethereum is facing major resistance upon the Mercury planetary speed line, and therefor having made lower highest and reversing, there is a high change that the reversal area is upon us. If for some reason Ethereum manages to break through the Mercury resistance lines, then it will make its way to the higher planetary line eventually. As for now, the odds are for a reversal happening soon unless we see some crazy reversal price action. We also observe the point in the rectangle upon which it touched resistance, as it happening late into the rectangle, that shows us the speed or velocity of price is weak, giving us a greater idea of what is likely to happen. "Planetary Lines" Indicator by @NasserHumood
INDEX:ETHUSDShort
by EsotericTrading
2
Ethereum Analysis 27.01.2023Hello Traders, welcome to this free and educational analysis. I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities. If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below. I will personally reply to every single comment! If you enjoyed this analysis, I would definitely appreciate it, if you smash that like button and maybe consider following my channel. Thank you for watching and I will see you tomorrow! You can also check out my previous analysis of this asset:
by basictradingtv
15
ETH/USDT BinanceETH/USDT Binance 1D hollow candlesticks As the bear market is over, we can say a few things for the price movement of altcoins. A descending triangle has been formed, as the price already breakout this triangle. Also, a parallel uptrend channel has been formed since the beginning of June 2022. A first resistance area occurred from the extension of the first Fibonacci retracement. A second main resistance area is a result of the extension of a second Fibonacci retracement. A forecast indicator shows a possible price movement for the next months. Ethereum Price (ETH) = $1,600.92 +2.85% = 0.06945 BTC +1.25% Market Cap: $1,048,131,057,077 24h Vol: $65,909,497,233 Dominance: BTC: 42.4% ETH: 18.7% Good Luck #CryptoHellas Team
by CryptoHellas
2
Ethereum to extend it's loses?Ethereum - 24h expiry - We look to Sell a break of 1508 (stop at 1551) Short term momentum is bearish. Short term bias has turned negative. A break of the recent low at 1519 should result in a further move lower. There is no clear indication that the downward move is coming to an end. Our profit targets will be 1401 and 1381 Resistance: 1560 / 1585 / 1600 Support: 1520 / 1500 / 1450 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
VANTAGE:ETHUSDShort
by VantageMarkets
1
ETH ETHEREUM 4 HOUR CHART Price Analysis Hello! Here's my eye on Ethereum on the 4-hour chart. ETH MUST hold the support zone #1 if It wants to go up IF ETH loses Support ZONE #1 and the current trendline, It will most likely go DOWN and test SUPPORT ZONE #2 1374-1437. IF ETH can hold this SUPPORT ZONE It will go back up and test the top end of RESISTANCE ZONE#1 1607. From here the next Resistance zone target would be around the 1669 LVL Then 1713 LVL from here. I'm Neither Bullish nor Bearish on this COIN. Just showing some possibilities on the outcome of ETH in my opinion in the next coming days! Please Comment or Like if you enjoyed this guys :) Have an amazing day!
by owenNations
ETH - Tighten your belts! Reversal incoming!Hello dear Investors, Traders and of course Beez! Quick TA update on ETHUSDT coming up right away. Make sure to take notes and comment below if you are having any question! So stay tuned! First things first, as we can clearly observe, today price rejected at the Ultimate Resistance - 4hr Bearish Orderblock area around 1670$ and as we forecasted on previous post on ETH, that could possibly be the peak of the relief rally, indicating us, reversal. Technicals that are being utilized in this chart analysis for us, to determine the next moves of ETH are the following: Volume RSI MACD So without more noise, lets cut to the chase: When it comes to Volume in correlation to price activity, we observe that, price is keep rising while volume steadily decreases, indicating us Bearish Divergence. Moreover, MACD waves seems weaker, compare that, to strongest price buying power Last but not least, RSI is in the overbought area and has formed Bearish Divergence, as it recedes while price keep rising! Consequently, we can clearly see that this relief rally is more likely a liquidity grab in order to create a lower low, rather than a healthy recovery! After all, what burst up, without consolidation, it has to go down eventually! IMPORTANT: This is strictly a Technical Analysis and Fundamentals CAN affect our Analysis! DISCLAIMER: This analysis is not intended to encourage any buying or selling activity of any particular securities. In addition, it should not be considered as ground for taking any trade action. Hence, your own diligence is highly recommended before entering any trade. If you liked the idea, make sure to support with a like, follow and a comment! Best Regards, CryptoQueens.
Short
by Crypto_Queens_Official
22