🔃✅💲Short term reversal for $ETH confirmed! #Ethereum 🚀🔜✅This chart is meant to show the confirmation of the reversal in the $ETH price. This is shown on the BYBIT:ETHUSDT chart, because of the higher (more speculation based) trading volume. It is currently showing strong confidence in traders for #Ethereum.
As shown, during the downtrend that $ETH has been in, there were multiple closes below the lower Bollinger band. These each signaled further $ETH price suppression at the time. After finding a possible bottom, then ranging sideways in what is now the current range of support, $ETH price finally broke out above the top of the range. This is very likely due to a short squeeze, however I believe that it being in conjunction with the recent bounce in $BTC and other cryptos, has allowed for confidence to be restored in $ETH price growth(at least for the short-term). Breaking above the range, with very tightened Bollinger bands, $ETH price managed to close above the upper Bollinger band multiple times. This is the first time this has happened on the daily chart since we had one (very brief) close above it, in October last year. To me this signals a (possibly very strong) reversal for #Etherem.
Going forward, I would personally expect a move up to the current strong resistance level around $2,100-$2,200, then a retest of the previous range-high/resistance, flipped to support. After that would be when I would assess everything to see if this confirmation truly has the merit that I personally believe it has.
Any strong close above $2,500 would be a very strong confirmation of this theory, and a close below $1,100 would possibly invalidate this whole theory.
**This is all my opinion, based on chart data. This is not financial advice.**
Ethereumforecast
Ethereum- rise to 1700 resistance?After the dive under 1k important figure, Ethereum consolidated in a range between 1k and 1270 for almost a month, and last week it manage to break above resistance.
At this moment bulls hold the upper hand and EthUsd can rise to test 1700 important resistance.
I'm bullish as long as 1250 is intact and buy dips can be a good strategy
Ethereum Analyze (Road Map)!!!🗺️Today, I want to talk about Ethereum Roam 🗺️Map🗺️.
Ethereum is moving in a Symmetrical triangle that made microwave 4 of Main wave C.
The end of Main wave C is close to us, and I showed you the target of the end of Main wave C in my Chart.
Where is the end of Main wave C ❗️❓
🎯Target🎯: 780$ until 705$
Ethereum Analyze ( ETHUSDT ) Daily Timeframe⏰(Log Scale)
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
ETH Trading PlanETH / USDT
Full month and ETH is trading inside small range between 1000$ and 1280$ In a Zig-Zag pattern
In next few hours we will see new price action :
1- Breakout of resistance:
leading to pump ETH & altcoins market
2- Strong rejection:
Then back to trading inside range again for few couples of days
Best of wishes
ETH - Is it good to invest now?🧐
☝️ What happened?
ETH came to bottom of the channel and then bounced, afterwards it broke local trendline which was a bullish signal
☝️ Should bulls be worried?
Right now we are in the middle of nowhere and close to the top of range, so it's bad idea to take longs because potential is too small.
☝️ What are the future scenarios?
1. If we touch top today we will likely bounce since the level is too strong to break from such distance without range
2. We slow up and start accumulate power for future break up. It should take a couple days. If we will slowly squeeze to the level on 1h timeframe we will likely break through.
What do you think of this idea? What is your opinion? Share it in the comments📄🖌
If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
Ethereum potential move to upside ⬆️Potential long trade for Ethereum has alerted.
Trading the 30M chart.
I have set my stop loss at the last low and will follow this trade to the next alert.
Green POW emblem shows the candle entered upon.
This is a trend following trade.
For extra confluence there is a area of resistance that if broken would add to validating the trade.
Last sell trade can be seen on chart and how that was followed.
Thanks for looking at my idea
Darren👍
ETH/USDT Breakout Zonewe still holding above our current ascending line , which show huge accumulation for the price , we will confirm a breakout and buy;ish momentum the moment we break out current resistant the 1300$, and the next target will be above the 1700$.
if we didn't hold our support above our ascending line , the short will drive the price to make double bottom above the 900$.
ETH: Mildy bearish!Ethereum
Intraday - We look to Sell at 1175 (stop at 1211)
Expect trading to remain mixed and volatile. 20 4hour EMA is at 1175. Short term bias has turned negative. We look for a temporary move higher. 1193 has been pivotal.
Our profit targets will be 1086 and 1066
Resistance: 1150 / 1200 / 1280
Support: 1100 / 1050 / 1000
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.
ETHEREUM: BULLISH EXPANDING CHANNEL FORMATION.Hello, dear members. welcome to this Ethereum update.
Timeframe: 18 hours.
Update: ETH lately, showed some greens which were good for the market. The current scenario of ETH is under a bullish expanding triangle which technically is bullish. It is testing the resistance at $1240. This is quite a decisive moment for ETH. If it successfully breaks and closes above the resistance level then we can expect some good rally. But if it gets rejected from the resistance then the trend will get reversed and we may see some drops.
Fundamentals: ETH is having a conference meeting on the 19th of July 2022. The Ethereum Community Conference (EthCC) is the largest annual European Ethereum event focused on technology and community.
What is your opinion about ETH? Do you think it will rally higher or will it drop badly?
Let me know in the comments. Do show your support with your likes and if you don't wanna miss any updates then follow my channel.
Thank you.
ETH Tp Sl AnalysisWhen we look at all cryptocurrencies in general, almost all of them draw the same graph.
Because the analysis of other cryptocurrencies independent of Btc will not give a very accurate result.
Considering that other cryptocurrencies move synchronously with btc, it is natural for the charts to resemble each other.
In fact, analyzing eth vs is nothing but analyzing btc.
If we talk about eth now, we can think that the fib 1.13 level will be a strong resistance on the chart.
If this zone is exceeded, it is likely to face a selling reaction from nearby levels.
When we try to detect this with fibonacci, we encounter a price like 1430 dollars. He will most likely a pull back from here.
I think this price is available to day traders. I believe that the actual pull back will be at $1700 and above.
Based on my measurement, I expect fibonacci to accumulation between 2,618 and 3,618.
To me, the real sales response will come from these levels.
For $1700 and above, you can make a quick measurement and decision using simple indicators like rsi.
For example, after the price exceeds $ 1600> rsi >75 cmf> 0.20 adx> 50 will be enough for me to decide on the sale.
Note: This is not investment advice.
Ethereum posting higher lows? Ethereum
Intraday
We look to Buy at 1151 (stop at 1114)
Short term bias has turned positive. We look to buy dips. 20 4 hour EMA is at 1143. Bespoke support is located at 1150.
Our profit targets will be 1248 and 1278
Resistance: 1200 / 1250 / 1280
Support: 1150 / 1100 / 1050
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.
Ethereum is rangingEthereum
Intraday
We look to Sell at 1239 (stop at 1291)
Daily signals are bearish. 1281 has been pivotal. Bespoke resistance is located at 1250. Preferred trade is to sell into rallies.
Our profit targets will be 1111 and 1071
Resistance: 1150 / 1200 / 1250
Support: 1100 / 1050 / 1000
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.
Everybody screaming short i see a long!!Bullish order blocked filled at 1008 area after a capitulation chart pattern while currently forming a double bottom on the 4hr time frame .. I see bullish momentum forming . Like or comment what you think about my idea ..I’m just reading the information I see
ETHEREUM: A BOUNCE CAN BE EXPECTED.Hello traders, I hope you guys are all doing good. Here's a quick update on ETH. Please have a look and trade safely.
Timeframe: 4 hours.
Update: ETH is forming a rising wedge pattern which technically is a bearish pattern but as it is under the formation, we can expect a rally between $1200 to $1300 followed by the rejection. Breaking down below the lower support trendline will invalidate this chart.
Trade setup:
Entry between $1033 to $1060.
Targets: $1115, $1168, $1221, $1281.
Stop Loss: $986.
Note: If you are entering this trade then do not forget to use SL. Trade with 5x or 10x leverage and accumulate the dip.
Like and follow for more updates.
Thank you.
Ethereum - ETHUSD eyes 900 USD and 800 USDToday, Ethereum reached our price target of 1000 USD. We continue to be bearish on ETHUSD. As a result, we would like to set a new price target for ETHUSD at 900 USD and 800 USD.
Illustration 1.01
The above is the link to our previous idea on Ethereum. It contains more details about fundamental factors that cause us to remain bearish on the cryptocurrency market.
Technical analysis - daily time frame
RSI, MACD, Stochastic, DM+, and DM- are all bearish. Overall, the daily time frame is very bearish.
Illustration 1.02
The volume can be observed climbing on the daily time frame; that suggests the selling pressure is increasing.
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.
Ethereum: lower prices incomingEthereum
Intraday
We look to Sell at 1157 (stop at 1201)
Short term bias has turned negative. Previous support at 1200 now becomes resistance. 1193 has been pivotal. 50 4hour EMA is at 1152. Preferred trade is to sell into rallies.
Our profit targets will be 1052 and 1022
Resistance: 1050 / 1100 / 1150
Support: 1000 / 950 / 880
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.