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Ethereum Analysis 30.12.2022Hello 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
ETHUSD Ethereum : Crash or dash? That's on you! 13.6Let's cut out the psychological pressure of seeing red and look at facts. What's right now dominating the financial markets? Inflation and panic selling. What happens once the dust settles? Think about "investment", what makes it attractive? Crypto currency and specifically the Ethereum is an excellent hedge against inflation, fundamentally. With scarce supply which is likely to burn faster than mined, and technology which could be the future of payment solutions - Ethereum shines. So let's explain the crash technically: 1) Oversold condition which is only comparable to November 2016 and late 2018 - Both times proving to be extremely attractive buys. 2) Connecting trend-lines spanning back 1-4 years show very tight convergence between 890 - 1150. 3) A "Falling wedge" pattern is visible on a weekly time frame, which is bullish. JP Morgan among other major names in finance name Crypto currency to be a smarter investment than real estate in current climate. Don't let your emotion control your judgement, don't let fear run you out of investment. Be smart, be patient, be calculated. --------------------------------------------------------------------------------------- Thank you so much for reading! If you found my idea useful please like and follow - It would mean a lot. My goal is to help as many traders as possible make sense of the markets. If you have any questions or comments please don't hesitate, it's the fuel to keep me going :) ----------------------------------------------------------------------------------------
COINBASE:ETHUSDLong
by Exactus
2
ETHEREUM: GOOD MOVE INCOMING!Hello traders, I hope your Christmas was great. I had a great time with my family and friends and it was blessed. Well, it's time to get back to the market, and here we are with the ETH update. I am gonna use the 8 hours timeframe to analyze the chart. Currently, ETH is dodging between the support and resistance lines. With the price trying to break above the resistance, I am expecting a 10% to 12% upward move on ETH. The indicators supporting this move are the RSI and the 21 MA. Technically, if ETH manages to hold on to the lower supporting trendline then it is fine but if ETH breaks down below it then we may see some bearish tension. If you wanna trade on ETH then $1188 to CMP will be a good entry-level. Stop loss will be at $1145 and the target will be 8% to 15%. Note: Trade at your own risk and if you are confident enough. Do not take it as financial advice. Thank you for reading. Trade safely.
COINBASE:ETHUSDLong
by Dexter_The_Trader
1
ETH Fell Below 3 EMAs on the 4h!Looking at the ETH chart on the 4h, we can see it fell below all 3 EMAs (50, 100, 200 EMAs) which is definitely a bearish sign. The RSI is curving sharply downwards along with the MACD. It's bottomed out on lower timeframes but still has more room to decline on the 4h. With that said, we are at micro support at 1200 so we may find some relief here temporarily. If we fall below the 1200 support, there's a high likelihood 1150 is next. It's not looking good for ETH until we can break and close above the 1240 level (all 3 EMAs). Until then, I would looking to place a long here with a tight stop at 1185 or a long at 1150, or a short at 1300. Do not trade the middle ranges. If enjoyed my TA or have any questions about getting access to my indicators, please send a boost my way, PM me, or comment below :)
Short
by CryptoScripts
ETH Sitting on 3 EMAs of Support!Looking at the 1h for ETH, we can see it's finally broken the 50, 100, and 200 EMA on the 1h chart (something it's been under since Dec 15th). This is a very bullish sign and shows we could have some strength to the upside (short term). The current levels of resistance are 1230 and 1300. With ETH being so close between support and resistance (1210 EMAs and 1230), whichever way it breaks will be violent so please be careful if trading with leverage. Looking at our major areas of support, we have 1200, 1150, and 1100. I'll be DCAing at these levels if we get there. If you enjoyed my TA, please send a boost my way and comment below. Thanks :)
Long
by CryptoScripts
2
Ethereum Analysis 23.12.2022Hello 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:
by basictradingtv
25
Eth - intraday tradingDisclaimer: If you think this chart is a mess, you are wrong. Here, we are dealing with lots of fibonacci lines to find confluence at specific zones we want to trade. As we want to maximize our profits, we want to trade at highest possible risk reward ratio. As this is a game of possibilities, our job is to find specific zone with highets probability to make price reaction. Confluence? Yes, we are looking for that Fibonaci retreace 170.6% Fibonacci extension 1.114% Fibonacci retreace 50% Yellow trendline EMA 200 30min timeframe FVG huge green candle 6 confluences to make a trade. Its never only one thing. 15 min and day is over :) And if you are asking, is it possible that we miss our trade entry? Yes, many times. But always backtest your strategy and find why did you make a mistake. Your future decisions will be better. Happy trading :) Tools: - Fibonacci retreacement - Fibonacci extension - Pitchfork (All types) - Trend lines - RSI - EMA fibonacci numbers If you take closer look, you can see how price respects the lines. Therefore, if the trade analys is good, we can find a place where the top/bottom of the wick will happen, place an entry buy/sell order and let the magic happen :)
E
by ETHERVAULT
1
There is an analysis of the ETHUSD H1 chart.We used the theory of price action in order to conduct this analysis so that we could guide our decision-making process. Based on the results of this analysis, we can see that the price fell with a double top. This move continued at 1198.29. In this range, the price is in a consolidation phase but is still in a consolidation phase. We use the Fibonacci level to mark support & retracement. The price has held resistance for a long time. If it fails to break the resistance, the price moves to the downside near 1218.23 & 1150.75. If the price breaks the resistance, the price can move up against resistance near 1251.47 & 1275.24. With this analysis, you will be able to find your most profitable trade. EnclaveFX does not recommend that you buy or sell this assist. We do not take any responsibility for your profits & losses. EnclaveFX believes in enhancing the knowledge of our clients & followers.
COINBASE:ETHUSD
by Enclave_fx
2
ETH - Range analys - updateDisclaimer: If you think this chart is a mess, you are wrong. Here, we are dealing with lots of fibonacci lines to find confluence at specific zones we want to trade. As we want to maximize our profits, we want to trade at highest possible risk reward ratio. As this is a game of possibilities, our job is to find specific zone with highets probability to make price reaction. As you can see our 1195 local support was valid and price reacted with a huge spike. What caused that spike? Well..we can only discuss about it. First of all, look at the point where price bounced - right on the yellow line. Coincidence? I dont belive in coincidence in trading. Huge spike? Yellow arrow of liqudity pushing price down, late shorters coming in during that big red candle, bouncing from yellow support trend line and pushing price in other direction to collect liqudity above yellow arrow. There is never only one scenario possible...be ready for all of them :) Tools: - Fibonacci retreacement - Fibonacci extension - Pitchfork (All types) - Trend lines - RSI - EMA fibonacci numbers **If you take closer look, you can see how price respects the lines. If the trade analys is good, we can find a place where the top/bottom of the wick will happen, therefore place an entry buy/sell order and let the magic happen :)
E
by ETHERVAULT
ETHEREUM: MUST BOUNCE BACK!Hello guys, here's a quick update on ETH in a daily timeframe. A week ago, ETH was expected to rally close to $1500 but it failed to do so and it went back to the $1150 to $1200 range. With the price currently ranging at $1214, ETH is expected to give yet another try but this time close to $1450. The triangle pattern is basically a symmetrical triangle and technically it can head in the direction that favors the market condition. So, if ETH rejects $1100 to $1130 is the level I can expect. Breaking down below this support level might not be good for ETH. What is your idea on ETH? Do share in the comments. Thank you and trade safely.
Long
by Dexter_The_Trader
2
ETH in a Tight Range! Up or Down From Here?We're currently in a very tight range for ETH with the majority of levels being resistance. On the 4h I currently have three moving averages: Pink - 200 EMA Blue - 100 EMA Purple - 50 EMA As you can see, the purple line (50 EMA) has acted as resistance for ETH since Dec 16th. The thing we have to realize is there's also support for ETH right below it at 1200 (hence the tight range). Looking at the indicators, we can see this: 1. RSI bounced off the signal line and is curving to the upside (bullish) 2. MACD is starting to flatten out (bearish) 3. Above the 50 EMA, we also have horizontal resistance at the 1230 level which coincides with the 100 EMA and the 200 EMA isn't far above that at 1250 (bearish) With all of this said, my bias unfortunately leans to the downside (4 levels of immediate resistance w/ horizontal and EMAs vs 2 levels of horizontal support). In saying that, ETH is right near support so it's risky taking a short, but you could play your stop right above the 50 EMA at 1225 and set your TP at 1160 for a 4:1 reward to risk ratio. NFA. If you enjoyed my TA, please send a boost my way and comment below. Thanks :)
Short
by CryptoScripts
4
ETHUSDT - SHORT to $950, Then LONG📉Hi Traders, Investors and Speculators 📈📉 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. Daytime job - Math Teacher. 👩🏫 The markets are overwhelmingly bearish, with talks of global recessions imminent. From a candlestick analysis, we see a double top formed on Ethereum from the weekly timeframe. We have already tested the support zone of the lower turquoise Bollinger bands, finding insufficient buying pressure and the sellers took control of this zone. This means the price will drop lower to find a demand zone where the price can bounce. A likely target is halfway between the Turquoise and Orange Bollinger band, around $950. This could make for an excellent swing trade, short to $950 and then Long on the support zone up to $1100 area, which will then be the new resistance zone. On the technical indicators, the EMA points to an overwhelmingly bearish short term, so a flash crash could be on the cards soon. The RSI is also bearish, with a value of 30 and dropping on the weekly. It was hard to label this post "long" or "short" because there is an opportunity to do both within the coming weeks. Interested in ADAUSDT? Check out this idea : I hope you enjoyed this post today! Please give us a thumbs up 👌 _______________________ 📢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
Short
by CryptoCheck-
31