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Ethereumlong

ETH New ATH & Price Discovery!!Ethereum is continuing to run in beast mode almost making new ATH's everyday, we are still travelling up and respecting our ascending channel as we are once again pushing that 0 FIB or our ATH! We could be considered in price discovery mode right now but i think with some big momentum we could be blasting off to go on a huge run to the upside, facing currently no resistance levels once we break above our ATH! We have a bunch of very solid support levels underneath us with the bottom of the ascending channel aswell as uptrend support inside the ascending channel we got the R1 Level which is now support and then aswell as the midline coming from the bollinger bands, if we do see a couple down days i really don't expect us to go very far. Now something else very interesting with the bollinger bands is our price action is currently sitting directly ontop of the top band, and now we haven't seen an explosive climb up this band yet in this ascending channel we could be looking at a mega one coming up soon, our daily close is looking like we will close directly ontop of this band which is always a very very good sign and could send us flying to the upside, plus pair that with our current situation of being in price discovery mode and having little to no resistance above us.. seems like a recipe for a massive run up coming soon! Now the MACD is starting to look good, we have been seeing lots of tight movement from the MA's with a flat histogram but we could be getting ready for another bullish MACD cycle, we are yet to create a bearish cross and if you actually look at the histogram starting from the verticle line i drew we are seeing something very positive, a daily increase in our green bars, this is a very good sign and could be signalling the start of another bullish cycle on the MACD, we gotta see this continue though day after day increasing green bars showing a rise in bullish momentum, we can't see a flat histogram or a decreasing one, this would likely result in a bearish cross putting downside pressure on ETH. Now the MA's are starting to show some positive signs, the blue MA is ticking slightly to the upside which is what we wanna see, we gotta see that separation in the MA's lessening the chance of a near term bear cross and allowing for a little downside without triggering a bear cross! Overall no matter what we do in the coming days i am extremely bullish on ETH and altcoins going through this month, also should point out BTC dominance is currently slightly rising putting some pressure on the altcoins but once we see a rejection or a bit of a drop i think the altmarket is going to start exploding with many coins likely too create new ATH's! Not financial advice just my opinion!
BITSTAMP:ETHUSDLong
by JacobR905
ETHEREUM : NEW BULLISH SWING PULLBACK | LONG SETUP ⚡️Welcome back Traders, Investors, and Community! Check the Links on BIO and If you LIKE this analysis, Please support our Idea by hitting the LIKE 👍 button Traders, if you like this idea or have your own opinion about it, please write your own in the comment box . We will be glad for this. Feel free to request any pair/instrument analysis or ask any questions in the comment section below. Have a Good Day Trading !
COINBASE:ETHUSDLong
by FOREXN1
11
ETH long term , short-termWhat's up guys! On the left is the daily timeframe for ETH Hodlers it's quite obvious that price is in an uptrend after making a double bottom back in July and august indicated by the red arrows As bulls take control while making that area a major demand area , price starts to form a channel (Which is shown in Blue) From my perspective , price makes an All Time High (ATH) and the bulls will still push it up further until it enters an overbought (which could be 4800 - 5500) area before it makes a huge correction and buyers turn sellers and takes their profits Note that a break of the 4000 newly formed support area can be broken to continue to validate the channel and bring price to a more attractive level On the right is the 1H timeframe for the ETH scalpers lol Price is in a correction stage and forms a descending triangle after bulls pushed price to a new ATH Classic MACD divergence present , waiting on the break with momentum candles and probably a cross of the moving averages Only if this occurs then price will fit my buy setup , what do you guys think ?
COINBASE:ETHUSDLong
by newschooltrader
2
Ethereum Classic = Zero Rolls Royce - 1000$Cryptocurrencies have values of 0 and 1. Either it has no value, it is 0 dollars. Or is it infinite. What did you expect? 1000$ free to come? Bitcoin suddenly became 60-67 thousand dollars. Do you think that there is no pain at all? The miners' game came and sold the lowest. There were those who were afraid. Has Ethereum Classic crashed, of course not. When bitcoin, your most trusted cryptocurrency, is 50%, panic is normal. Now there is a record-breaking bitcoin. What panic there is, Now there is the Record. Very fast charting for bullish in crypto. The fix is finished. As we have looked at Ethereum and Bitcoin in the past, everyone will say I wish I could buy it from here. Ethereum breaks records. Doesn't Ethereum classic break records? You can read all my articles. It is not investment advice.
Long
by TraderEtc
7
DOUBLE BOTTOM POSSIBLY FOR ETH? GREAT, LONGHey guys, you seeing what I am seeing here? Just would like to know if I am identifying these things properly because practicing my strategies is worthless if I am practicing the mistakes or bad habits. Obviously the buy in after the price crossed the confirmation line would have been pretty lucrative, another W for Technical Analysis. Any feedback guys, did I read it wrong? Was it something else I was missing perhaps? Thanks guys! We all need to OWN MORE ETH!!
COINBASE:ETHUSDLong
by DutchBoyzDynasty
4