Get started

Ethereumforecast

Ethereum #ETH Long?Alright here is the thing, there are plenty items suggesting that ETH #ETH can potential break to the upside. We are looking at the 1 HR chart here: - Falling Wedge 1 worked great along with Falling Wedge 2. - Do you see a Falling Wedge 3 forming with a potential upside? The only contradicting item is that currently BTC #BTC as posted previously is shown signs of a break to the down side. When BTC breaks either directions others tend to follow as well. What are your thoughts of ETH potential upside and BTC potential slide to the downside? Also take a look at the Bullish Divergence shown. TL:DR: - Previous Falling Wedges worked out. - 3rd Falling Wedge in the works? - Bulling Divergence shown as well. - If Long, take a look at the current BTC possibility for short posted before this.
COINBASE:ETHUSD
by MARKETLYTICAL
1
ETHPERP - Weak resume shopping.After the test of the buyer at the price of 1168 there is no progress and volume, the price failed to break through the local maximum, which tells us about the possible further decline in the price or we can expect a retest of the buyer in the range of 1111-1133. On the chart there is a buy zone, from where we can see a resumption of buying, if the buyer does not show strength, the price will go even lower. If you liked the idea, please like it. That's the best "Thank you!" for the author 😊 P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profits in fiat and make yourself and your your friends.
BINANCE:ETHUSD.P
by Artem_Dishel
2
ETH Daily TA Neutral BullishETHUSD daily guidance is neutral with a bullish bias. Recommended ratio: 52% ETH, 48% Cash. * BOUNCE WATCH . BlockFi admitted to having significant exposure to FTX (and associated companies) and are considering filing for bankruptcy after the Founder/COO Flori Marquez announced that they had enough liquidity to remain fully operational on November 8th . Liquid Global, a Japanese exchange owned by FTX has paused withdrawals. SALT, a crypto lending firm, has also paused deposits/withdrawals in the wake of the FTX collapse. It's very hard to say how much of the meltdown has been priced in after such a drastic and impulsive drawdown, but it seems premature to think that the spillover from the FTX/Alameda collapse is over. US October PPI increased less than expected, fueling more theories that inflation is subsiding enough for the Fed to slow its pace of rate hikes. Donald Trump just announced he intends to run for US President again in 2024. Cryptos, Long-Term US Treasuries, GBPUSD, EURUSD, Metals, Natural Gas and Equities are up. DXY, VIX, Equity Futures, CNYUSD, JPYUSD, HSI, NI225, Oil and Agriculture are down. Key Upcoming Dates: Fourth GDPNow Q4 GDP estimate 11/16; US October Retail Sales at 830am EST 11/16; US October Building Permits and Housing Starts at 830am EST 11/17; Russia/Ukraine Grain Deal Expiration on 11/19; 2nd Estimate of US Q3 GDP at 830am (EST) 11/30; October PCE Index at 830am EST 12/01; Last FOMC Rate Hike Announcement of 2022 at 2pm EST 12/14 . * Price is currently testing $1270 minor resistance for the sixth consecutive session. Volume remained High (moderate) in yesterday's session and is currently on track to favor buyers for a third consecutive session if it can close today's session in the green; Price is currently testing the second largest VP supply/demand zone on the chart. Parabolic SAR flips bullish at $1522, this margin is bullish at the moment. RSI is currently trending up slightly at 43 after bouncing off of the uptrend line from October 2018 (as support) just above 37 support. Stochastic remains bullish and is currently trending up at 33 after denying a bearish crossover at 31, the next resistance is at 47. MACD remains bearish and is currently forming a soft trough at -46 minor support. ADX is currently trending up slightly at 37 as Price attempts to push higher, this is mildly bullish at the moment. If Price is able to break above $1270 minor resistance then it will likely retest the uptrend line from June 2022 at ~$1340 as resistance . However, if Price is rejected here, it will likely retest ~$1225 as support before potentially retesting $1k minor support . Mental Stop Loss: (one close below) $1225.
COINBASE:ETHUSD
by dailytaguy
Ethereum merge is a ☢ Nuclear bomb ☢ and the timer is set█  Ethereum Merge has the potential to be the biggest disaster Crypto has ever seen What we know? ⚪ The Ethereum community (Devs) are currently realizing the censorship about to go down on Ethereum via OFAC (Office of Foreign Assets Control) This is why the government has no issue with Ethereum going PoS its actually a setup. ⚪ The majority of Ethereum users are extremely bullish even though their entire ecosystem model is built on top of "DeFi" unregistered securities and fraud, this would cause any major Eth 2.0 staking contributors who want to operate legally to dump all their holdings , · 31.2% Are CEX (centralized Exchanges who will follow OFAC to remain able to do business) · 21.3% Are Whales (Already calculating in what I'm saying they will not alert you to this risk/problem) · 32.6% are Liquid staking (I'm calling this weak bullish hands who are probably waiting to dump the moment the unlock happens thinking Eth would be at $50,000 now) For those who don't follow that is 85.1% that fall into the group of Weak hands / Will be sold due to OFAC legal requirements. · 11,353,354.392 Ethereum to be exact ready to be unlocked in Eth 2.0 that is an 85.1% Attack vector on Ethereum the governments have. (yes this is bad) ⚪ Besides Ethereum's price going up there is no back end funding to DEVs there is no business model here once you go PoS . Ethereum's community is already splitting wanting to stay PoW now and the rest wants to get PoS over with to finally end Bitcoin . . . ⚪ If Ethereum / Vitalik / Devs don't have a hidden trick up their sleeves that I don't see, Ethereum merge is a ☢ Nuclear bomb ☢ and the timer is set for Sept. 19, 2022. ⚪ What happens what do i do? · Do your research on top of mine here, Ethereum will likely go back to single digits as the community wide spread panic occurs, whales dump, whales will also open the big short. · Figure out what's going to replace Ethereum? · Do I want to buy Bitcoin if it gets collateral damage and falls near $10,000 briefly? ⚪ What's the deal with the Facebook / MySpace - ETH / BNB chart? · Why am I comparing Ethereum to Binance smart chain? I have been in meetings with CZ many years ago and he has always had one vision, his vision was to become the Facebook or Google of the crypto mainstream take over becoming bigger than Facebook and Google combined. · Binance currently has a proven unbeatable model that dances with the regulators through an IP rights setup that allows Binance to function globally on different jurisdictions. (If Binance BNB got banned in the US it would not effect any other country) so OFAC won't even try · CZ will mainstream the KYC / AML requirements and work with governments and regulators dealing with fraud / tax evasion in return the governments and especially OFAC , SEC will allow Binance to run their BNB chain, this is why CZ always spoke about a CeFi / Defi mix he knows this day would come. ⚪ I have included some stats from the Cayman Islands that show's a portion of how well Binance's model works ⚪ Oh and why this is all going on don't forget CZ acquiring Money Transmitter License's in Texas and all over the globe, Ethereum can't and has none of this. Rihanna - Rehab (Official Music Video) ft . Justin Timberlake is property of The Island Def Jam Music Group I DO NOT OWN THE RIGHTS Binance Changpeng Zhao (CEO, founder) Launch date 3 September 2017 Binance revenue Year Revenue 2020 $5.5 billion 2021 $20 billion Binance profit Year Net income 2017 $7.5 million 2018 $850 million 2019 $570 million 2020 $900 million Binance users Year Users 2017 1.5 million 2018 13.3 million 2019 16.5 million 2020 21.5 million 2021 28.6 million Binance annual crypto exchange volume Year Annual exchange volume 2017 $59 billion 2018 $516 billion 2019 $401 billion 2020 $1.07 trillion 2021 $7.7 trillion
BITSTAMP:ETHUSDShort
by UnknownUnicorn7947829
12
ETHUSDTPERP - The test looks successful.The buyer was tested at a price of 1168. From where we can see the sales absorption on the increasing volumes and the spread widening, this formation tells us that the strong hands at the moment are interested in the growth of the asset's price. Thus, for 21 days we can see the price of the second cryptocurrency at 2000 for one coin. If you liked the idea, give it a like. That's the best "Thank you!" for the author 😊 P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profits in fiat and please yourself and your your loved ones.
BINANCE:ETHUSD.PLong
by Artem_Dishel
1
ETH Daily TA BearishETHUSD daily guidance is cautiously bearish. Recommended ratio: 5% ETH, 95% CASH. Happy Veterans Day to those who served. * MASS CRYPTO DELEVERAGING WATCH. The FTX/Alameda meltdown isn't over yet, and keeps getting crazier with speculation that the troubles at Alameda Research started to amplify after the LUNA death spiral caused SBF to funnel funds from FTX to Alameda and to "altruistically" acquire the insolvent exchanges and lending firms that were overly exposed in order to protect Alameda's own FTT-collateralized loans. The fact that Alameda was essentially comprised of 9 drug-fueled lovers living in the Bahamas is astonishing enough, but even weirder is that both of SBF's parents are "regulatory compliance experts". One thing about this that perhaps changed how it all could've gone down was CZ's (Binance) involvement. I'm under the impression that the crypto crash wouldn't have been so sudden and widespread if CZ wouldn't have tweeted about FTX's struggles, how he was looking to rescue them and then labeling them beyond rescue all within the span of two days. I totally get that CZ likely did it for brand posturing and marketing but he may have also benefited from the massive price increase to BNB after the initial tweet offering to acquire FTX. Fair game though. It's a bit too early to try to predict the end of this mass deleveraging that is currently taking place throughout the Crypto industry and more industry players may go down from this in the coming days, so it's suggested to stay in cash until there's some kind of light at the end of the tunnel. The UofM November Consumer Sentiment Index is 54.7, down from 59.9 in October and likely reflective of the political shift from the Midterm elections. Key Upcoming Dates: Fourth GDPNow Q4 GDP estimate 11/16; Russia/Ukraine Grain Deal Expiration on 11/19; 2nd Estimate of US Q3 GDP at 830am (EST) 11/30; October PCE Index at 830am EST 12/01 ; Last FOMC Rate Hike Announcement of 2022 at 2pm EST 12/14 . * Price is currently testing $1270 minor resistance for the third consecutive session after breaking below the 50MA and the uptrend line from June 2022. Volume finished yesterday's session High (moderate) and is currently on track to favor sellers for a second consecutive session if it closes today's session in the red; Price is currently testing the second largest VP supply/demand zone on the chart. Parabolic SAR flips bullish at $1600, this margin is bullish at the moment. RSI is currently trending down at 40 after forming a peak at 43 and will likely aim to test the uptrend line from November 2018 at 37 support in the coming sessions. Stochastic remains bullish and is currently trending up at 33 with no signs of peak formation, it's still technically testing 23 resistance. MACD remains bearish and is currently trending down at -25 as it approaches -46 minor support with no signs of trough formation. ADX is currently trending up slightly at 32 as Price continues to see selling pressure, this is bearish at the moment. If Price is able to breakout above $1270 minor resistance then it will likely aim to formally retest the 50MA at ~$1395 as resistance . However, if Price is rejected here, it will likely formally retest $1k minor support before potentially falling lower to $776 minor support. Mental Stop Loss: (two consecutive closes above) $1300.
COINBASE:ETHUSD
by dailytaguy
Ethereum- False break of support and reversal?After a rise towards 1700 resistance at the beginning of the month, Ethereum has also dropped hard like all the crypto market and took a dive under the 1200-1250 important zone. However, this drop was quickly reversed yesterday to put the coin back above support. At this moment there is a high chance that the drop was a false break and a reversal to the upside could follow. Clarification for a sustained up trend comes once Eth breaks back above 1400 and a break under 1k zone would negate this scenario. 2k can be the target for medium-term bulls.
BITSTAMP:ETHUSDLong
by Mihai_Iacob
8
Etherium - On the chart we can see the buyer testAfter a successful distribution the momentum is approaching the final stage of development . For a successful test, our buyer must confirm its presence in the 1133-1188 range. If you liked the idea, please like it. That's the best "Thank you!" for the author 😊 P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profits in fiat and make yourself and your loved ones happy. Please read the previous idea for a detailed understanding.
BINANCE:ETHUSD.P
by Artem_Dishel
2
Ethereum - Our price targets stay the sameDespite proving our assumptions about the impending drop wrong in late October (when we highlighted some similarities between Ethereum and other cryptocurrencies), we have not backtracked on our bearish calls. We stuck to our opinion that ETHUSD was attractive to short between 1500$ and 1600$ (which we noted already during the summer) and continued to reason that the rally was characteristic of one in the bear market. Our words came true once again as the price of Ethereum came crashing with the rest of the market, and it made a low of 1 071.50$ yesterday. We continue to be bearish on ETHUSD and maintain our price targets of 1 000$ and 900$. Illustration 1.01 The image above shows the weekly chart of ETHUSD and two simple moving averages. Yellow arrows indicate strong corrections of the downtrend. Technical analysis - daily time frame RSI, MACD, Stochastic, DM+, and DM- are bearish. Overall, the daily time frame is bearish. Technical analysis - weekly time frame RSI, MACD, Stochastic, DM+, and DM- are all bearish. Overall, the weekly time frame is bearish. Please feel free to express your ideas and thoughts in the comment section. DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not be a basis for taking any trade action by an individual investor. Therefore, your own due diligence is highly advised before entering a trade.
BITSTAMP:ETHUSDShort
by Tradersweekly
7
ETHEREUM: HOLDING ON THE SUPPORT.Hello traders, I know the market isn't looking good and I am sorry if any of you got rekt in this dump. If you remember then in one of my BTC updates I mentioned that I am out of the scalping game and I would rather go for long-term trades. Well, there you go, we are playing the long-term game now. Coming back to the chart, ETH is strongly holding the support range of $1100. This is a crucial point for ETH and it must bounce from here. If it breaks down the $1100 support, I am afraid that the next support will be close to $300 to $500. Flipping to the positive side, if ETH bounces back, then in a long term we can expect a rally toward the new all time high. Supporting the positive side of ETH, we have the RSI making a hidden bullish divergence. By the way, this chart is in a 2 weeks timeframe so don't consider this for the short term. More on ETH later. Have a good day, fellas.
BITSTAMP:ETHUSDLong
by Dexter_The_Trader
7
Etherium - Further price declines are expected.After the sot on the chart saw an uptrust (ut) and test. Which signals that the asset will fall in price. At the level of support the buyer did not hold the price, after which the shedding began. At this period of time there is no support on the chart, most likely this is not the end of the movement. If you liked the idea, please like it. That's the best "Thank you!" for the author 😊 P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profits in fiat and make yourself and your loved ones happy.
BINANCE:ETHUSD.P
by Artem_Dishel
2
Ethereum: Drop it lowTonight is the full moon lunear eclipse that initiates a turning point for transformation. Well, Ethereum came a bit early to the party and dropped it low. We expect Ethereum to come back up to the $1790 resistance and move above $2029 right into the blue target zone. After completing the blue wave (iii) between $3048 and $3756 in the blue zone, the course should turn. Once again, we expect Ethereum to drop out of the target zone. In the secondary scenario, ETH should drop below the support as soon as it crosses the $1194 mark. After moving below the $1194 support, we expect the course to wander further below $883. How far the ETH course is willing to drop will be specified as we move along.
BINANCE:ETHUSD
by MarketIntel
1
ETH/USDT - Writing On The Wall? 📉Looking at the $ETH daily chart, things are looking quite bearish.🐻 $700-800 remains our target "bottom" in this range as $ETH just bounced off the downward channel as illustrated. We pointed out a potential crypto dip the other day looking at the $BTC charts, and it seems to be playing out. 🔮 Do you think we get a small relief bounce here on $ETH? Or is it "look out below" until $700-800? 🤔 Either way, we're big HODL buyers at those levels long term. -TucciNomics Chief Overlord, AlgoBuddy
Short
by QuantVue
2
Etherium - Price stands on local support.After the release of the data on the chart, buyers held the price at 1544 and pushed it up 8.96%. This tells us that we will most likely see a continuation of local growth if the price doesn't fall below 1544. We need to pay attention to how the price will react to the approach to the level of 1661, we can see several variants of the situation. First: a false breakout of the local highs and a sharp reversal back and further decline in the price, which will go to test the buyer. The second one: a structural set of positions by the buyers who will absorb the current supply in the market and push the price to about 2000, where the distribution of the asset can start. If you like the idea, like this. That's the best "Thank you!" for the author 😊 P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profits in fiat and make yourself and your loved ones happy. As said in the previous situation we saw a false pullout and a strong impulse movement.
BINANCE:ETHUSD.P
by Artem_Dishel
3
ETH Daily TA Neutral BearishETHUSD daily guidance is neutral with a bearish bias. Recommended ratio: 40% ETH, 60% Cash. * CRITICAL RESISTANCE/SUNDAY SCARIES WATCH . Cryptos are struggling to keep the bullish momentum going over the weekend as the post-FOMC rally (fueled by a robust October Jobs Report) tries to carry over into next week's big CPI report on Thursday (11/10). Chinese President Jinping stated the obvious Friday , that the world should do their best to avoid nuclear war; he did this without mention of Russia. Key Upcoming Dates: Third GDPNow US Q4 GDP Estimate 11/09; US October CPI at 830am EST 11/10; UofM November Consumer Sentiment Survey at 10am EST 11/11; Russia/Ukraine Grain Deal Expiration on 11/19; 2nd Estimate of US Q3 GDP at 830am (EST) 11/30; Last FOMC Rate Hike Announcement of 2022 at 2pm EST 12/14 .* Price is currently testing the upper trendline of the descending channel from November 2021 as resistance, which coincides with the 100MA, at ~$1650; both resistance levels are just below $1711 minor resistance, hence why this is a critical juncture. Volume was Moderate (moderate) in yesterday's session and ended a two day streak of buyer dominance by finishing in the red. Price has broken above the VP POC and is now trading in the third largest supply/demand zone on the chart. Parabolic SAR flips bearish at $1520, this margin is mildly bearish at the moment. RSI is currently forming a trough as it trends sideways at 65, just above 63 minor support. Stochastic remains bullish for a second consecutive session and is currently trending up at 73, the next resistance is at 81. MACD is currently forming a soft peak at ~73, if it falls below 57 it would be a bearish crossover. ADX is currently trending up slightly at 31 as Price is attempting to push higher, this is mildly bullish at the moment. If Price is able to breakout above the upper trendline of the descending channel from November 2021 + the 100MA at ~$1650 as resistance , it will have to get above $1711 minor resistance to confirm that it has broken out of the year-long descending channel. However, if Price is rejected here, it will likely retest the local low of ~$1500 as support before potentially retesting $1427 support . Mental Stop Loss: (two consecutive closes above) $1711.
COINBASE:ETHUSD
by dailytaguy