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Ethereumlong

ETHUSD Update Updated thoughts on ETH Im not sure if the Top cap value for the ETHBTC pair is accurate, it may only correspond to ETHUSD Using the ETHUSD chart where it is valid I have placed a target at 8K, i believe it will be fulfilled You can see how the curved white line (Middle line) is descending upon the major trendline and is forming a rising wedge in the process This formation 'rising wedge' is considered bearish in the books See if it holds up or the bullish rising wedge is born
COINBASE:ETHUSDLong
by Bixley
ETH Risks Pullback To $3,400 Before Final Approach To $4,000 Ethereum price rejected from $3,600, forcing bulls to seek refuge above $3,500 or risk declines to $3,400. Short-term technical indicators gradually flip bearish, implying that the path with the least resistance is downward. Ethereum rally to $3,600 has not been without struggle and delays. Bulls have been putting up an aggressive fight since the gigantic smart contracts token tumbled under $3,000 in September and tested support at $2,650. For several times, Ethereum failed to clear the resistance at $3,200, resulting in pullbacks below $3,000. Nonetheless, bulls took complete control of the market in October and subsequently triggered gains that have recently brushed shoulders with $3,600. The uptrend to $4,000 is still a pipedream, especially with Ethereum facing intense selling pressure in the supply area around $3,600. If Ether fails to close the day above this zone, investors can expect a rundown to $3,400 or $3,200 in the coming sessions and on the weekend, where ETH will become more attractive to the bulls. Ethereum Fights To Keep Uptrend To $4,000 Intact But Is Immediate Recovery Viable? Ethereum has been rejected from the supply zone in the red, delaying the move to $4,000. The pioneer smart contracts token trades at $3,565 at writing amidst an intense tug of war between bulls and bears. A daily close below $3,600 could see overhead pressure rise, while a break under the ascending trend line support will add weight to the potential breakdown targeting $3,400 and $3,200, respectively. It is worth remembering that the Moving Average Convergence Divergence (MACD) could soon send a sell signal, compelling more traders to dispose of Ether. As long as the MACD keeps dropping toward the mean line, the pulldown on Ethereum will carry on. At the same time, the Relative Strength Index (RSI) shows that sellers are gradually gaining strength. The odds favor the bears as the MACD nears the midline, while a continued drop to the oversold could trigger a selloff. Ethereum Price Intraday Levels Spot rate: $3,573 Trend: Bearish Volatility: Expanding Support: $3,500 and $3,400 Resistance: $3,600 and $3,800
COINBASE:ETHUSDLong
by CoinGape
2
Ethereum Analysis, the way to 4kHello everyone, as we all know the market action discounts everything :) _________________________________Make sure to Like and Follow if you like the idea_________________________________ The September dip is now being bought by investors. Ether surged over 9% on Friday, the first day of October. The ETH market has been having a good couple of days after the trend turned Bearish back in the 6th of September where the price dropped from 3981.54 to 3004.99 in 1 day, That's almost a 25% decrease in value in a 24h period... In the last 5 days, we did notice a good increase in the price with a good amount of volume in the market. the price jumped from the 2789.23 range back to the 34411.59 today. The Bulls are trying to reverse the Bearish trend in hopes to hit the 4000 range again. Different Scenarios for the market : Scenario 1 : The market is trending near the first resistance level located at 3484.94 with a strong upper momentum movement that could push the price to the 3657.85 level where we will see a battle over control between the Bears and the Bulls, And the Bulls will try to breakout that level which would show how much power they have and people will buy in even more gaining more strengths that could lead the ETH price back to the 4000 zone. Scenario 2 : The bears are still holding some power over the trend and they might push back and drive the price back to the support level at 3274.92 or even the 2929.14 level. That's where the Bulls will gather most of their forces and bring the price back up to the range of 3420.70. Technical indicators show : 1) The market is above the 5 10 20 50 100 and 200 MA and EMA (Strong Bullish Sign) 2) The ADX is at 32.37 showing that the market is trending with a positive crossover between DI+(23.48) and DI-(23.31) 3) The RSI is at 56.28 showing good strength in the market, with no divergence found between the market and the indicator Daily Support & Resistance points : support Resistance 1) 3274.92 1) 3484.94 2) 3161.59 2) 3581.63 3) 3064.90 3) 3694.96 Weekly Support & Resistance points : support Resistance 1) 2929.14 1) 3657.85 2) 2470.01 2) 3927.43 3) 2200.43 3) 4386.56 Fundamental point of view : Ethereum is certainly making strides towards the Ethereum 2.0 completion. Just a few days ago, the project announced the arrival of its Ethereum Altair upgrade. To specify, the upgrade will be taking place sometime this month. The purpose of Ethereum 2.0’s launch is to fully deploy a Proof-of-Stake consensus onto its platform. This model should eliminate the platform’s long-striving issues of high gas fees, congestion, and limited scalability. "It seems like Ethereum is losing Steam. As a result, companies are looking into platforms like Cardano, which is used to build dApps, and Solana, which has seen a nearly 4,800% growth since September 2020." According to FXempire This is my personal opinion done with technical analysis of the market price and research online from Fundamental Analysts and News for The Fundamental point of view, not financial advice. If you have any questions please ask and have a great day !! Thank you for reading.
BITSTAMP:ETHUSDLong
by GabiDahduh
2
ETHEREUM , Full Analysis (short-term to long-term)hey guys , the whole analysis is here in the description. make sure you read it all . so let's get it started ! we start with longer terms : this pic is for the ones who are looking for a LONG-TERM analysis , so it'll probably take 1 and half to 2 years for ETH to get there. as you see , Ethereum could be repeating the cycle . I marked two red zones for y'all . both have descending channel and ETH seems to be repeating that pattern again . alrighty , let's move on to the next pic ! so here's our elliott waves ,we had the first two waves . the second wave which is a correction wave is completed and the third wave is already started . so what is our TARGET here ? it's easy to find out the target , just by Fibonacci Extension . and well , 10774 $ is our target and that is when the third wave is probably gonna end . "so 1 question , Armin . when should we buy it ?!" -----> next pic ! as yall see Ethereum broke outta the descending channel and price has gone up a bit . so price is in a triangle . bearish or bullish ? I say bullish due to all of these analysis , but those who wanna buy for the long-term , it's better for the price to break the red line and that's when it's confirmed that it will rise the way I told in the previous pics. so WHEN TO BUY ? after the red line breakout. "Armin , no short-term analysis ?!" , dude wait , check the rest . alright , in this pic the price has met the MA50 , and I'm guessing it'll have a little correction and then go back up ! what are the targets for short-term ? the red zone and then the red line that we talked about earlier. and at the end , here we are with 1H timeframe. there are two waves that I drew , it's simple . either it will break the top of that little triangle and rise after it OR as I said in the previous pic , it will break the bottom and rest a bit and then go back up. So guys this was the full analysis of ETHEREUM , if you liked it , hit the like . and if you wanna see some more , follow ! GoOoOod LuUuUucK !
by ArminChiani
ETH the prince is awaken!Hello, Everyone. The prince is finally waking up. A lot of people have been calling ETH dead, and bla bla bla . ETH is about to show them his middle finger. 2 months ago before this whole rally I predicted that eth would rally to 3400 and then retrace to 2600...well clearly that is what happened (exceeding the expectation touching 3800). The chart is now reviling the next move. ETH has now created a steady volume with spikes on each bear attempt to break the 2900 (failed miserably). The supply is clearly shrinking with the last upgrade which has burned so many ETH and as it can be appreciate in the chart by the bulls taking control with little effort. ETH has now formed a triple mountains pattern (triple bottom in western chart terms). Although higher timeframe looks prime for a run, the smaller need to steam off in my opinion. I believe there may be one last opportunity to catch eth in the 2700-2800 area before to break the resistance at 3100 and start the new bull run. You can see that the 50 and 200 hour MA is now starting to creating a support below the price, this is a great sign in reversal as it is signalling accumulation before high volatility upwards. Also every dip down ETH has been creating higher low with the volume dissipating signalling the bears are exhausted. My final target as I mentioned in June is 20800. That is a 800% increase. My first target is at 7750. Really short term targets are: 3166 and 3566 (they will get smashed). Enjoy the ride guys. If you enjoyed this content and learn something new, please FOLLOW ME here, on twitter (link in the profile bio) and on my new Youtube channel. I am here to share my knowledge and help you navigate and understand the markets. If you have any question or chart request, comment below.
BINANCE:ETHUSDLong
by CFcryptoTA
12