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Ethereumforecast

Ethereum Is Rejected | Now Watch out For Inverse H & SHi friends hope you are well and welcome to the new update on the Ethereum coin. Big wedge formation: On the weekly time frame Ethereum has entered a very big falling wedge pattern. Priceline found the support of this pattern in the month of September 2021 then got 1st rejection by the resistance of this pattern in the month of November 2021, then again drop down at the support in the month of January 2022 and rejected by the resistance in the month of April 2022, finally, the priceline again dropped at the support of this wedge in the month of June 2022. Then Ethereum started another rally from June to August 2022 and after the rejection of August there was a price correction, and recently the price has again reached resistance but it is likely to be rejected once again. One thing is for sure, in order to start a big bull run Ethereum needs to breakout this huge wedge pattern. Broke out a channel: On a daily time frame, while moving inside the big falling wedge pattern Ethereum has also formed a down channel and already has broken out the resistance of this channel. The target for this break out is approximately at $3,500, however, so far the priceline is not able to reach the target for this break out from the channel because it has been stopped by the resistance of the bigger wedge pattern. Inverse Head & Shoulder: On the daily time frame, Ethereum has also formed an Inverse Head & Shoulder pattern. The right shoulder can work as strong support which is at $1400. If this support will be broken down then there can be a big drop expected up to the long-term support of $880 and there is also the support of wedge as well. Conclusion: In the short term, the priceline is testing very critical support of the right shoulder of the Inverse Head & Shoulder pattern. If this support will be broken down then price can drop to test the support of the falling wedge pattern and the long-term support of $880, however, in the long term, Ethereum has formed a very big bullish biased falling wedge pattern, and eventually, the priceline can break out the resistance of this wedge. Once Ethereum will be able to break out this big falling wedge pattern then the target can be the top of the wedge which will be approximately $4500.
BITSTAMP:ETHUSD
by moon333
Ethereum forecast and idea 🧐Hi traders, ⭐ This one without explanation! 🤓 ------------------------------ ✅ ✅ 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. ------------------------------ ✅ Please write any advice or suggestions. Dear friends, request any cryptocurrency pair, currencies pair for forex, and any index that you want to be analyzed, and ask any questions about chart analysis. Thanks for your attention
Short
by Arash-RK
ETHEREUM: INTERESTING PATTERN TO LOOK AT.Hey guys, welcome to this new update on ETH. Timeframe: 12 hours. Update: The merge has taken place and we see a major -9% drop in ETH. This drop may not look good in a shorter timeframe but in this 12 hours timeframe, ETH is bouncing right from the support level. If we backtest then we will notice that ETH made a similar pattern back in June 2022 and then it broke out around 64%. No wonder ETH could make a similar move after the merge. All eyes are on the lower supporting trendline. If ETH manages to hold this support then we can expect a bounce back soon. Let's see what happens next. Trade safely.
COINBASE:ETHUSDLong
by Dexter_The_Trader
6
Ethereum Options Idea for 23rd September 2022Since Ethereum has a immediate resistance level at 1580-1600 and immediate support level at 1300-1350, I thought of taking a trade in options by selling Call and Put at 1580 and 1350 levels respectively for an expiry on 23rd September. I would keep a close eye on the FOMC meeting on the 21st, If i manage to get enough premium before the FOMC meeting, then I might as well cut my position. Note: Options can be used when Ethereum is not moving in either direction.
BITSTAMP:ETHUSD
by GenkeiFutura
ETH | An Elliot Wave PerspectiveETH | An Elliot Wave Perspective During all this week the price looks like it is stopped near 1430 that corresponds to strong daily support. The ETH Merge insecurity is holding the market under pressure. One of the biggest events is resulting from being non-even at all. Now I am looking at the price to develop in two ways. The first scenario is that the ABC pattern correction can be finished where it is now (Black scenarios). At this point, the price should increase soon. The second scenario is that the ABC pattern correction can be completed near 1100 and after that, the price can begin the bullish movement again. (Blue scenarios). At this point, the price should increase soon. Targets: 1900 2300 Thank you and Good Luck!
Long
by KlejdiCuni
10
Ethereum and The correction up to the MA 100 🧐After the drop in last week, we have the price correction up to the MA 100 range. We also see in the pitchfork that an uptrend channel has been created. ⭐⭐ Keep in mind, that the downtrend in the main major channel is not over yet, and there is a possibility of falling again at any moment. ⭐⭐ for now, the buy trade should be done with caution. ------------------------------ ✅ ✅ 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. ------------------------------ ✅ Please write any advice or suggestions. Dear friends, request any cryptocurrency pair, currencies pair for forex, and any index that you want to be analyzed, and ask any questions about chart analysis. Thanks for your attention
Long
by Arash-RK
Ethereum Forecast & Idea✅ Risk warning, disclaimer: the above is a personal market judgment based on published information and historical chart data on trading-view, And only a few of these analyzes are my actual trades. I hope Traders consider I am not responsible for your trades and investment decision. ------------------------------ ✅ Please write any advice or suggestions. Dear friends, request any cryptocurrency pair, currencies pair for forex, and any index that you want to be analyzed and ask any questions. Thanks for your attention
Short
by Arash-RK
SELL Ethereum!! Eth H&S Pattern Confirmation. Bears in Control!This chart is pretty self-explanatory. Head and shoulders pattern has completed and with current Macro-Economic conditions worsening and tightening, I guess this truly was one of those, "Buy the rumors, sell the news" events with the Ethereum Merge. Not only this, but we are consistently trending down, making a series of lower highs and lower lows. The trend remains intact and very strong. I thoroughly expect us to double bottom or even make a new low on Ethereum. The time frame for when this happens remains to be seen. My take profit Targets on my short are $1000 - $880 for 75% of my position. I will hold this position into a new low if that occurs. This will be my position on the markets until we print a new higher high and a breakout on Ethereum above $2,050 will prove this theory wrong.
COINBASE:ETHUSDShort
by RookInvesting
2
Ethereum: Support and Resistance Lines and AreasHello friends, today you can review the technical analysis idea on a 1W linear scale chart for Ethereum (ETHUSD). Ethereum Merge is complete and now the price seems to be falling. I have noted all the major support and resistance lines and areas to keep an eye on. If price falls below the Support Line 2 (look in the chart), Ethereum price may have a significant fall down. If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below. Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk
BITSTAMP:ETHUSD
by MillionaireEconomics
4
ETH Daily TA Cautiously BearishETHUSD Daily guidance is cautiously bearish. Recommended ratio: 25% ETH, 75% Cash. *After a successful Merge, Ethereum is now a Proof of Stake network... and in classic Crypto fashion, it appears to be going through a "Buy the Rumor, Sell the News" cycle. Cryptos, Equities, Futures, Commodities and the VIX are down while the Euro, US Treasuries and DXY are up on the day. US August Retail Sales were up 0.3% compared to consensus estimates of 0.1% and July's -0.4% reading. This higher than expected reading on US Retail Sales paired with a higher CPI will likely influence the Fed to stick to their 'beyond-neutral' commitment to getting inflation down by raising FFR by 75bps or even 100bps on 09/21. The 12th GDPNow US Q3 GDP estimate is now 0.5% compared to 1.3% on 09/09/22 . Key Upcoming Dates: UofM Consumer Sentiment Index at 10am EST 09/16; US August Building Permits and Housing Starts at 830am EST 09/20; FOMC meeting 09/20-09/21 (Statement Released at 2pm EST on 09/21); S&P US September Manufacturing PMI at 945am EST 09/23.* Price is currently trending down at ~$1500 as it breaks below the uptrend line from 06/18/22 at ~$1640, the next support is at $1427. Volume is currently High (low) and is on track to favor sellers in today's session, if it does it would make four of the past five session dominated by sellers. Parabolic SAR flips bullish at $1785, this margin is neutral at the moment. RSI is currently trending down at 42 after being rejected by the upper trendline of the Symmetrical Triangle from February 2020 at 55 resistance, the next support is the lower trendline of the Symmetrical Triangle at 37 support. Stochastic remains bearish and is currently trending down at 10 but is still technically testing 18 support. MACD is currently crossing over bearish at 3.5 after being rejected by 28 resistance, the next support is at -46. ADX is currently trending up slightly at 16 as Price falls, this is mildly bearish at the moment. If Price is able to bounce here then it will likely retest the uptrend line from 06/18/22 as resistance between ~$1600 and $1711 minor resistance . However, if Price continues to fall, it will likely formally retest $1427 support . Mental Stop Loss: (two consecutive closes above) $1600.
COINBASE:ETHUSD
by dailytaguy
My Biggest Buy Ethereum 14 September 2022MY BIGGEST INVESTMENT - ETHEREUM! The technical reason is that there is a Cup and Handle that's formed over the last few months and is showing higher lows... Once the price breaks up and out, will I buy and hold... I'll be trading Crypto Ethereum CFDs... As with my Crypto portfolio I'll be buying the actual coin and holding for the long term. 4 Reasons why I'm buying (Only first target is shown in the chart)... There are many reasons (technically and fundamentally) why I’m buying Ethereum. The technical point of view on Monday, was the main reason why I got an actual buy signal on my platform. But I do have a few other fundamental reasons to buy it, including: REASON #1: Major recovery already Ethereum has already made a massive recovery of over 50% in price. This has definitely attracted more buying in the market from new investors and traders. REASON #2: The major upgrade Then, I’ve been reading that they are talking about the merge of the most sophisticated upgrade for the digital asset. Basically, they will soon update and upgrade the software for the blockchain network. This is the first time, the upgrade will take place in the industry’s 14 year history. REASON #3: New influx of buying With the upgrade in place – investors are excited and optimistic that Ethereum is going to move into a less environmentally taxing system. This will not only improve the distribution channels of the buy and sell transactions with Ethereum but also it will improve the functionality of the blockchain. REASON #4: Evolution With the evolution of Ethereum and blockchain – this might shift investors away from Bitcoin, altcoins, penny-cryptos and other crypto currencies that are slow evolving. And it will attract more people into Ethereum as they believe the crypto currency has a bigger footprint for the future of blockchain. Are you buying YES or NO?
Long
by Timonrosso
Ethereum | Expanding Pattern Ahead The MergeEthereum | Expanding Pattern Ahead The Merge Ethereum is creating an expanding pattern ahead the merge. The merge is really a big event that will create a clear revolution on the crypto world as it is happening for the first time. if the merge will be smooth and without problems we can see a high and good impact on the Ethereum blockchain. However, our pattern looks like it is expanding and the target is related only to the pattern and it is a normal target. Thank you and Good Luck!
Long
by KlejdiCuni
27
How to trade the ETH merge event?Yes, sell the news event in my opinion. Here is why? - no, it's not like the Bitcoin halving. Actually, nobody knows what kind of event the merge will be, but this is why I prefer to be on the sell side - macro economic situation - "winter is coming" around the globe (especially in Europe) and this will bring for sure on of the biggest crisis of our time. Risk assets like crypto are a thing that people won't need Will the short appear immediately after the merge? No. - the market sentiment is too bearish right now and this is a great moment for a squeeze. 1800-1900$ is still a good resistance box, where you can place your shorts. - the market doesn't do what everyone expects. That's why - first pump, then dump Targets? - well, I think that 3-digits prices are not far away from us and will be a life-changing opportunity for a big spot buy
Short
by HAVEcrypto
Ethereum forecast Update 🧐🌸 Risk warning, disclaimer: the above is a personal market judgment based on published information and historical chart data on trading-view, And only a few of these analyzes are my actual trades. I hope Traders consider I am not responsible for your trades and investment decision. ------------------------------ 🌸 Please write any advice or suggestions. Dear friends, request any cryptocurrency pair, currencies pair for forex, and any index that you want to be analyzed and ask any questions. Thanks for your attention
Long
by Arash-RK
ETHUSDT 4h ETH Merge countdown, where price will go ?Taking into account the information hype surrounding the Ethereum Merges transition from PoW to PoS in 16 hours it is difficult to predict where the ETHUSDT price will start to move after the transition. It is predicted that the annual emission of ETH will amount to only 0.3%, and a significant decrease in the market supply affects the growth of the price according to the laws of economics. On the other hand, we have the original, historically 1st created Ethereum Classic, to which miners are increasingly switching. Investors' attention may switch from ETH to ETC, because the hashrate has grown by more than 500% since the beginning of the year, and the ETCUSDT price has increased 3 times in just 3 months, and this is in the current sluggish market. For us, two options are likely, which we have shown on the chart, we can only wait and watch. And to make this time pass more productively, we are announcing a contest: In the comments under the idea, share your graphs with an analysis of where the ETHUSDT price will go in the near future. The contest will end in an hour before The Merge (we marked it on the chart) In addition to gratitude and likes from Tradingview users, you will from us: 1st place - 300 coins 2nd place - 200 coins 3rd place - 100 coins _______________________________ Since 2016 , we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
by P_S_trade
17
ETHEREUM: REJECTION FROM THE RESISTANCE!!!Hello traders, I hope your weekend was good. We are back again after the weekly close and things are still not taking a positive turn. Here's a quick update on Ethereum in a lower timeframe. Timeframe: 4 hours. Update: ETH gradually started pushing up after the sudden drop (from $1687 to 1487) on the 6th & 7th of September 2022. This pullback went from $1487 to $1789 almost a 20% rally. Currently, ETH is getting rejected from the resistance level of $1780. So far, the 21 MA is trying to hold the price at $1725. Things are pretty easy and simple to understand here. Point 1: If the 21 MA manages to hold the price, ETH will still need to break through the $1780 resistance. Point 2: Breaking down below the 21 MA will drop the price back to the lower support level which is at the $1560 area. Conclusion: I am not going long on ETH right now rather shorting (scalping) will be a good option. This is my personal opinion and not financial advice. Make sure you invest after doing your own research. I hope this idea is helpful for you. Thank you for supporting me. God bless and trade safely.
BITSTAMP:ETHUSDShort
by Dexter_The_Trader
6
ETH getting readyHello everyone, I mainly updated you on BTC lately. So here is a quick update on ETH the prince. With the merge coming eth has now painted a very well-known pattern. We can see we have now almost fully formed a Cup and Handle pattern. Although this pattern is more often than not a continuation pattern it can also be found at the tops and bottoms. We can see the volume has dried throughout the formation and we now have formed the handle. 52 ma is confirming the pattern sustaining this last push with price breaking above. The target would be 4k+. I will wait for the breakout before entering and will use strict stop losses rules. We are close to a possible bottom for Crypto...get ready either way. FOLLOW ME, SHARE. LIKE AND COMMENT.
Long
by CFcryptoTA
ETH Daily TA Cautiously BullishETHUSD Daily cautiously bullish. Recommended ratio: 70% ETH, 30% Cash. * CPI WATCH . The Merge is currently scheduled to launch on Ethereum's Mainnet on 09/14/22 at ~9:40pm . Cryptos, Equities, Futures, VIX, Commodities, US Treasuries and the Euro are all slightly up while DXY is down today. All eyes are on the BLS August CPI report due tomorrow at 830am; July CPI came in lower than expectations and markets rallied, it's reasonable to infer that the same may happen if CPI comes in on par or lower than the 8.1% consensus. The 11th GDPNow Q3 US GDP estimate was 1.3% on 09/09/22 compared to 1.4% on 09/07/22, the next estimate is on 09/15/22. Microstrategy recently (09/09) filed a report disclosing a plan to sell $500m in Class A shares to reinvest it into the purchase of more Bitcoin. Key Upcoming Dates: August CPI at 830am EST 09/13 ; The Merge (Ethereum) at ~10pm EST 09/14; US August Retail Sales at 830am EST 09/15; 12th GDPNow US Q3 US GDP estimate 09/15; UofM Consumer Sentiment Index at 10am EST 09/16; FOMC meeting 09/20-09/21 (Statement Released at 2pm EST on 09/21).* Price is currently testing $1711 minor support for the third consecutive session. Volume is currently Moderate (high) but has decreased in the past few sessions and is on track to favor sellers for a second consecutive session if it closes today in the red. Parabolic SAR flips bearish at $1528, this margin is neutral at the moment. RSI is currently trending down at 56 as it approaches a test of 55.31 support. Stochastic crossed over bearish in today's session and is currently trending down at 90 as it approaches a test of 81 support. MACD remains bullish and is currently forming a soft peak as it trends up slightly at 22 and approaches a test of 27.77 resistance. ADX is currently trending up slightly at 16 as Price continues to push higher, this is mildly bullish. If Price is able to bounce off of $1711 minor support then the next likely target is a retest of $1941 resistance . However, if Price breaks down below $1711 minor support, it will likely retest the 50 MA at ~$1675 as support before potentially retesting the uptrend line from 06/18/22 at ~$1650 as support . Mental Stop Loss: (two consecutive closes below) $1625.
COINBASE:ETHUSD
by dailytaguy