ETHERIUM 1HOURLY NEAR FUTURE ANALYSISTechnical Analysis Summary
ETH/USDT
TREND ANALYSIS
We have 2 Downtrend in red color (Internal and Long Term).
We have 1 Uptrend in green color Internal Trend (Short term) )
Be careful trends need to be modified when broken to the new peaks(Downtrend) and lows (Uptrend).
FUTURE PREDICTIONS
We have many resistance and support levels that I have mentioned above.
I use thickness as an indicator of strength of levels (ONLY FOR VISUALS).
White levels Levels are levels from my past ideas published or levels that were respected from the past.
Good luck everyone, stay safe!
If you need help don't hesitate to send me a message or comment
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Ethereumforecast
ETH: Still bearish!1Ethereum
Intraday - We look to Sell at 1173 (stop at 1216)
Short term bias has turned negative. Previous support at 1200 now becomes resistance. 1193 has been pivotal. 50 4hour EMA is at 1175. 20 4hour EMA is at 1169. Preferred trade is to sell into rallies.
Our profit targets will be 1063 and 1033
Resistance: 1150 / 1200 / 1250
Support: 1100 / 1050 / 1000
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#ETH or #ETHEREUM on a roll!!!!Firstly would like to mention ETH's Chart is Same like kind of SUSHI's Chart
I feel ETH is going to soon breadown beyond 1000 resisiting 1029 and 1292 range, before more fall is eminent. NOTE THIS IDEA is BI WEEKLY and I have already mentioned HODLERS may get this at more low rate and any close below 1278 is already going to reach 1478 in near times, atmost now you can sell till 1029 with 50 points SL
BTC and ETH: Bottom Price and DateHello friends, today you can review the technical analysis idea on a 1M linear scale chart for Bitcoin (BTC) and Ethereum (ETH).
I get asked all the time what I think the bottom for this market cycle will be for BTC and ETH. Today I am posting my charts for both using basic analysis - Support and Resistance Trend line, Volume, Volume Profile Volume Range (VPVR), and Prior Cycle review. Naturally this is all future predictions so let's see day by day how it goes.
FYI: This chart is the same chart I posted in February 2022. I made no changes except to add in the tiles that show when I posted the idea below.
If you enjoy my ideas, feel free to like it and drop in a comment. I have more ideas noted 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
ETHUSD 1. As explained in last BTC Dominance update it fall down and therefore Eth also showed strength as compared to BTC.
2. Currently Eth is a test a major resistance supply area around 1250
3. If ETH manges to get above it can get pumped to above 1400
4. If it starts closing below here can short with confirmation targetting near 1050$
5. Looking at BTC price movement has been really slow and it looks like it can do a scam pump towards 22.8-23k target area during the weekend and would retrace fully back after that.
ETH PUSH!As I was studying charts I saw this set up happening ....
Eth started the PURGE at 7:30.
The Low Was set thus giving us a double bottom on the lower TF's.
I immediately jumped to the Higher TF and saw this set up.
8am DOUBLE BOTTOM
BUY to fill half or all of this imbalance.
Never over leverage.
Trust your trade set up.
Have fun!
I AM: Pro Trading Made Simple
ETH Buy a break of recent high.Ethereum - Intraday - We look to Buy a break of 1181 (stop at 1139)
A break of the recent high at 1174 should result in a further move higher.
50 4hour EMA is at 1175.
Short term momentum is bullish.
Our profit targets will be 1288 and 1318
Resistance: 1170 / 1200 / 1250
Support: 1100 / 1050 / 1000
ETH Will Rebound - 2400$ IS the NEXT TargetI usually make long-term predictions with solid technical analysis. I have posted after a long time. Sorry for that.
This is just a short analysis chart for ETH. Try to understand the chart with the help of Swing high candles. I will post more.
If you have any questions, then ask in the comments section.
Ethereum: gains are still capped Ethereum
Intraday
We look to Sell at 1248 (stop at 1301)
Early optimism is likely to lead to gains although extended attempts higher are expected to fail. Daily signals are bearish. There is no clear indication that the downward move is coming to an end. We look for a temporary move higher. Bespoke resistance is located at 1250.
Our profit targets will be 1121 and 1081
Resistance: 1100 / 1170 / 1250
Support: 1050 / 1000 / 950
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$7000 or $15000 per ETH this year! What does it take?We continue to do reviews of the trading pairs you voted for in our BTCUSD price forecast
As it turned out, we haven't made an idea about ETHUSDT for more than half a year, but why? Because the previous idea ETHUSD working out exactly, until recently, having passed 3/4 of the planned way up, see for yourself:
Today's Ethereum price forecast turned out to be very optimistic, with a spoonful of tar at the end.
Since this is a global view of the ETHUSDT price chart, today we will highlight the main and critical levels to start a strong up or down trend.
In order to start a strong up trend, ETH buyers need to firmly anchor the price above $3200 in the coming days or weeks. At the same time, it is desirable not to release the price below $2550.
If these conditions are met, it may open the way for the so far exorbitant targets of $6900 and $14800 for ETH.
Optimism and belief in the bright future will completely disappear from ETHUSD market participants if the ETH price goes under $1750, which is the last critical level for buyers.
And below that there is nothing and the possibility of ETH price going down to $600-800
Maybe, our chart is not easy to read, but if you look carefully, you will find some tips that can help you in a critical moment.
And we are always open to reasoned discussion, so Go to comments!)
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Ethereum: Sunbath 🏖Although Ethereum is already sunbathing on the sandy yellow beach strip between $1743 and $589, we still expect it to dive into the refreshing blue stream between $906 and $666 once more to finish wave (v) in blue and wave (2) in yellow. From there, Ethereum should move upwards, crossing the resistance at $1703.
Ethereum - ETHUSD eyes the 1 000 USD price tagOver the weekend, Ethereum broke below the lower bound of the rectangle pattern and passed right through our price targets towards a new low of 1176.70 USD. Despite ETHUSD going far below our price targets, we still maintain a bearish stance on it. As a result, we would like to set a price target for ETHUSD to 1000 USD.
Fundamental factors
During the current week, we expect the FOMC to impact ETHUSD negatively. That is due to higher interest rates and economic tightening. In addition, we also foresee the upcoming cryptocurrency market regulation as very detrimental to the sector.
Illustration 1.01
The picture shows a bearish breakout from the descending triangle.
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
A volume tells a story of increasing selling pressure; similarly, like in the case of BTCUSD.
Technical analysis - weekly time frame
RSI, MACD, Stochastic, DM+, and DM- are all bearish. Overall, the weekly time frame is very 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.
ETHUSD Trend AnalysisAccumulate around 600-800 levels for a potential target of around 7500-8300 in long term.
You can either exit or keep averaging if it falls below the mentioned levels.
Even though the probability is high but nothing is guaranteed in cryptoverse, so do proper risk management.
Peace!!
ETH Bottom probably not in yetHi everyone,
Looking at the previous bear market I don't believe the bottom is in yet for Ethereum. We are short of a full correction and we need one more deep push down. I am rather surprised because of the bullish sentiment recently on tradingview calling possible bottoms. If you are long enough in crypto you will know that it will go higher than expected in bullmarkets and it will go lower than expected in bear markets. As a matter of fact I think that 1k USD per ETH is a realistic probability while prices are around 1,8k USD per Ethereum. That being said, I don't think we will face a full blown correction lower than that. Overall I think we all will get a fantastic buying oppurtunity when we reach these prices.
In the larger timeframe we will go one more wave higher to complete the structure and eventualy break the previous top of around 4.7k USD per Ethereum. My target is around 10k per Ethereum on the larger timeframe. If we reach these prices it will probably be a gigantic 12 1 elliot wave count. The correction after that will be sudden, horrible and fast. Possible targets are around 0,3k USD per Ethereum.... Stay safe and trade carefully.
The chart speaks for itself, I base my idea on the previous trend lines combined with fibonacci and elliot wave count.
As always this is no financial advise.
Ethereum- Relief rally probable nextNot even a month ago (in fact 3 weeks) I said that 2k should provide strong resistance for EthUsd and traders should sell rallies in that zone. Since then Eth has dropped hard, losing almost 50% of its value, which is a lot even for the crypto market.
On Tuesday EthUsd dropped towards 1k and reversed and, again, yesterday it had a new attempt to drop under 1k and failed, leaving a long-tailed bullish Pin Bar on our chart.
This sequence of reversals from around 1k gives me the idea that bulls are strong here and a reversal could follow soon.
My strategy is to buy dips against 1k and as for target, around 1.5 can be a good idea.
ETHEREUM: $800, AN IMPORTANT SUPPORT!!!What's up amazing traders?
Welcome to my ETH weekly update. In this chart, let us do some backtesting and relate the present scenario.
Back in Dec 2016, ETH was ranging between $6 to $8 and indeed it was the last time we saw ETH that low. Then ETH exploded with a whooping gain of 25000% which was insane. From a single-digit dollar ($6) to a four-digit ($1529) was incredible. Imagine buying 100 ETH at $6 investing $600 in total and then selling it at $1500. You would have a net worth of $150,000 ETH within 400 days. Crazy isn't it?
Now, this was not the only time ETH gave an opportunity like that. Soon after the $1500 rally, ETH dumped and dropped up to $79 (Dec 2018) which turned out to be a great opportunity to fill bags with ETH. From $79, ETH rallied up to $4951 which was a 5543% gain. Now imagine you buy back 100 ETH again at $100 investing $10,000 (a 7% of $150,000) and then selling it at $4500. You would have made a mind-blowing profit of $450,000. All these rallies took place within a span of 2-3 years.
After comparing these two scenarios with the present scenario, we can see that ETH is once again falling back to the same lower trendline from where it bounced back and made historical rallies. The question is whether ETH will follow the past or this time it will crash down below the historical trendline? Well, with the big news like ETH 2.0 coming in, the RSI at the oversold level, and the price close to the support, it shows a positive rally coming soon on ETH.
I will consider a bounce back from the support and if ETH breaks down below the support then it will be a clear sign of exit and buy back low.
What's your thought on this? Let me know in the comments.
Do like and follow for more updates.
Thank you.
BTC and ETH: Price Bottom PossibilityHello friends, today you can review the technical analysis idea on a 1M linear scale chart for Bitcoin (BTC) and Ethereum (ETH).
I get asked all the time what I think the bottom for this market cycle will be for BTC and ETH. Today I am posting my charts for both using basic analysis - Support and Resistance Lines, Volume, VPVR, and Prior Cycle review. Naturally this is all future predictions so let's see day by day how it goes.
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