Get started

Ethereumforecast

ETH Daily TA Cautiously BullishETHUSD Daily cautiously bullish. Recommended ratio: 65% ETH, 35% Cash . * SUNDAY/MONDAY SCARIES WATCH . Cryptos are enjoying a weekend rally as more Risk-On investors shake off inflation and rate hike concerns while continuing to jump back into markets. However, several major cryptos are currently testing critical resistances so we may see some volatility at these levels over the next couple of sessions. The merge is estimated to be launched on Ethereum's Mainnet ~09/15/22 . As always during weekend rallies, be wary of a potential Sunday/Monday sell off heading into a relatively tame week. Key dates next week: US Housing Starts and Building Permits at 830am EST 08/16; 5th GDPNow US Q3 GDP estimate at 915am EST 08/16; US Retail Sales at 830am EST 08/17.* Price is currently testing $2k psychological support and is still technically testing $1941 resistance; if it can close above $1941 in today and tomorrow's session it will confirm a flip to support. Volume is Moderate and currently on track to favor buyers for four consecutive sessions (seven of the past ten sessions have been buyer dominant). Parabolic SAR flips bearish at $1574, this margin is mildly bearish (20%+). RSI has reclaimed the uptrend line from 06/18 as support at ~67 and is currently testing the 50/50 uptrend line from November 2018 at ~72 as resistance; the next resistance is at 77. Stochastic remains bullish and is currently testing max top. MACD remains bullish and is currently trending up at 124 with no signs of peak formation as it approaches a retest of the descending trendline from November 2021 at ~137. ADX is currently trending up at 32 as Price continues to trend up, this is bullish. If Price is able to close above $1941 in both today and tomorrow's session, then the next likely target is a retest of the 50/50 uptrend line from February 2017 which should coincide with the 200 MA at ~$2200 . However, if Price breaks down below $1941, it will likely retest $1700-$1800 . Mental Stop Loss: (two consecutive closes below) $1941.
COINBASE:ETHUSD
by dailytaguy
ETH - Where to next?$ETH - Where to next? Checking ETH/BTC was a good start. However, now I am seeking out if this rally is sustainable to stay and it will be as long as we stay above $1380 - $1270 areas. If we don't however, hold then I will be re-thinking and waiting to see what the marker gives and plan out another trade of interest. There are various other projects out there with further great opportunity there is further liquidation issues when it comes to BTC and lets not forget the upgrades ETH is going through and various other research areas that you can look into further yourself. Another day to which to excel further! TJ
COINBASE:ETHUSD
by Trade_Journal
ETH Daily TA Cautiously BullishETHUSD Daily cautiously bullish. Recommended ratio: 75% ETH, 25% Cash . * All US CPI numbers beat estimates this morning and Overall CPI stayed flat at 8.5%, causing Cryptos, Equities, Commodities and the 30yr Treasury Bond to go up. Meanwhile the VIX, DXY and all other Treasuries are falling. Markets are continuing to push the narrative of 'Peak Inflation' and 'Incoming Fed Pivot' as we near US midterm elections, this is driving investors to become more Risk-On. Overall CPI staying flat can be largely attributed to the White House finally deciding to tap in to the Strategic Oil Reserve (in addition to OPEC+ increasing output) last month, bringing gas prices down 19% from their ATH in July. Core CPI (which excludes energy and food) was still up 0.3% (compared to 0.5% estimated). The fourth GDPNow US Q3 GDP estimate released this morning is +2.5%, up from the previous estimate (08/04/22) of +1.4%; this likely added bullishness to today's session. Coinbase missed on earnings and revenue in Q2 and posted a $1b loss due to the ongoing 'Crypto Winter'. Chicago Fed President Charles Evans said that he supports a 4% FFR in 2023 and EOY FFR of 3.25%-3.5% for 2022, and that today's CPI reading was encouraging but that the next Employment Situation and PCE numbers will help determine whether or not inflation is really slowing. The Merge is currently scheduled for launch on Ethereum's Mainnet on 09/13/22 . Key dates this week: Disney Q3 earnings today at 430pm EST; PPI at 830am EST 08/11.* Price is currently breaking out above $1711 minor resistance and will look to retest $1941 resistance in the coming sessions if it can flip $1711 minor resistance to support. Volume is Moderate (high) and favoring buyers which indicates that this breakout has some momentum. Parabolic SAR flips bearish at $1477, this margin is mildly bearish. RSI is currently testing the uptrend line from 06/18/22 as resistance at ~66, if it can reclaim support here this would be bullish. Stochastic is currently crossing over bullish at 61 after bouncing abruptly at 53, the next resistance is at 81. MACD is currently crossing over bullish at 96 after trading sideways for 6 consecutive sessions, if it holds then the next resistance is the upper trendline of the descending channel from August 2021 at ~137 (just below 155 resistance). ADX is currently trending up slightly at 29 as Price is pushing higher, this is bullish. If Price is able to establish support at $1711 minor resistance then the next likely target is a retest of $1941 resistance . However, if Price breaks back below $1711 minor resistance , it will likely retest ~$1600 before potentially retesting $1427 support . Mental Stop Loss: (one close below) $1692 .
COINBASE:ETHUSD
by dailytaguy
Ethereum ETH: 1D Chart UpdateHello friends, today you can review the technical analysis idea on a 1D linear scale chart for Ethereum (ETHUSD). Ethereum price has been rising since the July lows. The chart shows a variety of signals with potential for upward movement around the resistance areas at the top of the Keltner Channel (KC) near the 0.382 Fibonacci level. A major concern is Volume dropping off. Also Included: Fibonacci Retracement, RSI, MACD, Stochastic RSI, Ichimoku Cloud, and VPVR. 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
2
ETH IS Slowly Melting... Slowly...This chart breaks down a SHORT set up. Eth likes to liquidate both long and shorts AS she makes the main move south. It's the weekend. Put something light on her and let her run the course to Miami (SOUTH aka SHORT) There is genius in simplicity. This simple chart expresses That Fact. Bitcoin is buying and these two often are Ying and Yang.... to add to your confluence check list. Never Over Leverage. Trust your Trade Set Up. Have Fun! I Am Pro trading Made Simple. We are #SniperGang
BINANCE:ETHUSDShort
by Master-Jedi-Trader
4
Ethereum - watching support levelEthereum Intraday We look to Buy at 1571 (stop at 1524) We look to buy dips. The previous swing low is located at 1560. Bespoke support is located at 1550. Daily signals are mildly bullish. Our profit targets will be 1688 and 1728 Resistance: 1700 / 1750 / 1780 Support: 1600 / 1550 / 1500 Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features. Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
SAXO:ETHUSDLong
by Saxo
Jamie Gun2Head Idea - Selling EthereumTrade Idea: Selling Ethereum Reasoning: At resistance level, price is still, looking to drive lower within the channel Entry Level: 1665 Take Profit Level: 1567 Stop Loss: 1692 Risk/Reward: 3.63:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis , as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
COINBASE:ETHUSDShort
by Signal_Centre
Still long opportunities in EthereumEthereum Intraday We look to Buy at 1571 (stop at 1524) We look to buy dips. The previous swing low is located at 1560. Bespoke support is located at 1550. Daily signals are mildly bullish. Our profit targets will be 1688 and 1728 Resistance: 1700 / 1750 / 1780 Support: 1600 / 1550 / 1500 Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features. Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
SAXO:ETHUSDLong
by Saxo
Is Crypto the Next Sub-Prime Crisis? ETHUSD (Ethereum) POVMore on this later... For now, if you consider the very real possibility that a recession can quickly become catastrophic with: a war in Europe, seemingly enhanced instability in Asia, Record Inflation, and among other things - the current unwinding of a crypto currency bubble. I'm not totally certain on this, but never in history has there ever been something with such little use, valued so highly (relatively speaking). Okay, tulips, calm down. Even the diehard crypto philosophers (aka #cryptosophers) will concede ideas like: "Meeehh... It's very volatile at times"... granted they only say stuff like that on positive price action; otherwise it's some defensive narrative about what is actually just overcooked libertarianism. The point I want to make is: things remain very volatile post-covid. Interest rates are one off-hand example. Commodities pulling back. Things can get weird real quick. And not only does crypto still looks dangerous, you have to really ask yourself: can this useless digital ledger token do anything? Like can it be spent anywhere other than an arcade? Lol - I bet "subprime" just drives them cray. Take care!
BITSTAMP:ETHUSDShort
by ChiefMacro