Ethereumlong
ETHUSD 2/3/2022 OutlookCurrently I am still hodling ETH
My view on the left side of this chart shows a double bottom along the 50% line of a used indicator.
I have been watching the chart on the right (monthly) for a little bit now and see a preceding small pullback, which "soon" will be followed with a MASSIVE green candle, just completely disregarding this recent dip buy opportunity.
I see ETH going to at least 8 - 10K, perhaps even further.
ETHEREUM LONGS 📉📉📉📉 From a weekly perspective on a long term basis i am LONG on ETHEREUMS as price is in a bullish market strucutre coming back to fill the w1 imbalance and rejects the bullish orderblock on the same timeframe, if price is not closing bearish below 2000 i will look only for LONGS right into w1 imbalance 3600 or ATH's. We are in EXTREME FEAR right now in the crypto market.
What do you think ? Comment below..
ETH finds a long term support !After the last red days, ETH is now on the edge of its Weekly SSB, lost in its Weekly Cloud.
This support, located at $2300, is a solid one and Daily Lagging Span can support prices for a possible bounce.
First target : Daily Tenkan at $2720 .
Beware that Monthly Kijun is currently above prices, it would be nice for ETH to go back above it before the end of the month.
If SSB breaks, a solid lower support is located at $2,200 ; the Monthly Kijun.
Let's look at the evolution !
Ethereum: Make U-Turn! 🛣 If Ethereum had a satnav, it would be like: “…at the lower edge of the orange-colored zone, make U-turn and follow the road northward.”
Ethereum has finished wave iii in orange at the lower end of the orange-colored zone between $2402 and $2195 and has already started wave iv in orange. This countermovement should lead the price into the second orange area between $2710 and $3325. As long as it does not develop any new interim lows, Ethereum should ideally reach $3050 before beginning wave v and turning around again to go back though and below the orange belt between $2402 and $2195.
*******Ethereum Weekly Cypher - Case for long entry***********ETH has showed rejection at a weekly cypher pattern and also tested a monthly support zone
Looking for initial targets at a re-test of the highs gives us a nice RR for position 1, and for the more aggressive you can aim for extended targets with a 2nd position
Stops ticked below the monthly support
Personally I have entered and bought more Ethereum and have used this as entry into a longer term investment (5-10 years) but have shown potential targets for a shorter duration exit
ETH/USD EVERYTHING MARKED DOWN, EVERYTHING MUST GO! Bag Time^My 'hardwood area" price range is where I approximate the bulk of the institutional support to be for my precious falling ETH....It is looking like if the trigger is to be pulled, we may be coming up on the time to get in the proper stance and take aim. I would hate to see Ethereum fall through that beautiful wooden floor, but I think if we get there then there may be one more support area just above $1200?!?! Am I really talking about $1200 in a thread analyzing Ethereum in January 2022?! Well my friends...let the test for the leader in stable blockchains begin. Will you pioneer this young but potentially groundbreaking change in the worlds financial system as one of the leading blockchains? Or am I looking at a smaller, much quicker AOL (to compare it to it's lucrative predecessor, the dot com bubble). Will other blockchains like Cardano, Solana or Fantom gain traction, combine low energy and the scalability that Polygon offers #BUYMATIC to surpass the original bloackchain king? I guess I just typed out the question that is on everyone's minds anyway huh? Well I hope there are some expert traders out there that want to take a young trader (been trading for about a year) under their wing, or just offer some feedback on my approx future price movement guess for the next 3 months or so....Thank you guys, and I appreciate all the help that anyone can give. I have never tried to absorb so much information in my life, so there is a very good chance I may be missing several things...best of luck trading guys, let's get some of all of this money, huh?!?!
Ethereum- 2600 is my target for this correctionIn my yesterday's comment I said that under 2.4k, Ethereum can be a good buy for traders that wants to speculate on a correction.
After 2 dips under this figure, EthUsd has recovered nicely and has made a series of higher lows and the low TF chart shows an ascending triangle pattern.
The crypto is trading now in the resistance of this pattern and a break up can occur.
My target for this correction (Yes, so far is just correction) is 2.6k with negation under 2.3
Best of luck!
Mihai Iacob
ETHUSDT LongHey traders, in today's trading session we are monitoring ETHEREUM for a buying opportunity around 2.4 k zone, once we will receive any bullish confirmation the trade will be executed.
a lot of traders will wait for more dips, but in my opinion whales won't give you prices you're waiting for.
Trade safe, Joe.
Ethereum- Higher low in place?Although it has broken under 3200 support, losses for Ethereum are limited and I don't "see" much sell power.
The crypto may have found a new low above 3k and a new leg of correction to come.
I'm cautiously bullish at this moment with more confirmation above 3200.
A daily close above 3200 could expose 3600 important resistance and 3400 is now interim resistance.
A drop under 3k would put bearish scenario back in play.
Best of luck!
Mihai Iacob
ETHEREUM - Trading at the good levels to buy🔴DISCLAIMER
***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ******
Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock/Crypto coins to take a retest after the breakout, it may also continue to have its bullish pressure after the breakout)
After reaching our targets, trail your stop loss to get maximum profit from the stock in a single trade
Ethereum- Continuation after testing supportLike a lot of coins, Ethereum is also in a recovery mode with the price reversing from 3k important figure.
A first leg up drove the price to 3.4k and a small leg of correction followed that move.
3.2k old resistance and congestion zone offered support for this correction and now EthUsd looks ready for a new leg up
I'm bullish as long as this support holds and I expect a test of 3.6k strong resistance
Ethereum is about to EXPLODE.Ethereum tends to be more volatile than Bitcoin. Its application make it hard to calculate it future growth prospectus. Also, it faces a lot of technical risks as it is not truly decentralized... The developers and coders of Ethereum are trying to perform heart surgery while flying a rocket to Mars. Not to say it's impossible, but what they are trying to accomplish is extremely hard. Scaling Ethereum from PoW to PoS will be quite a feat/ If it is flawlessly executed, I believe Ethereum has a real chance of flipping Bitcoin. Execution risk is at an ATH though. Can Vitalik and team pull it off? Only time will tell...
In regard to the charts, Ethereum looks to be holding at support. The line if support is loosely justified due though...
- ETH is clearly oversold
- It could test $2,800, but unlikely IMO
- Bitcoin Dominance should rise, bringing ETH with it
- MAX Pain would be near $2K levels...highly unlikely IMO
- Ethereum needs to close above $3,500 for the bulls to get excited
NFA. DYOR.
Best,
- Mr. Bitcoin Baron
ETH Buy at 0.618 retracement.Ethereum - Intraday - We look to Buy at 3661 (stop at 3569)
We have a 61.8% Fibonacci pullback level of 3660 from 1706 to 4868.
Dips continue to attract buyers.
We are trading at oversold extremes.
We look to buy dips.
Daily signals are mildly bullish.
Our profit targets will be 3924 and 3994
Resistance: 3800 / 3900 / 4000
Support: 3650 / 3600 / 3500
Ethereum- I still have 3k in focusSince the beginning of November, Eth has started to correct its long term bull trend which only in 2021 brought gains of around 700%.
Although the drop we are in is just a correction to this trend, on medium term it can be seen as a small down trend.
I expect continuation to the down side and I'm focusing on 3k zone for my sell short trades.
Ethereum's price above 4.2k would signal that the correction is over