Ethereum - Bullish - 3k soon $ETHThe chart is self explanatory - once the first bottom solid gold line is held/broken (which it is doing as we speak) look for a test up to the second solid yellow bar above it. Could see this happening within the next 1-2 weeks due to the volatility and the power of crypto.
Down the line long term, I easily see Ethereum at 50k or higher as a initial price target (10-15 years from now give or take)
Hope you guys enjoyed!
Ethereumlong
MA"s Time Spent 'Open"In this comparison we have GOOGL and ETHUSD
I like to call MA's open when the three (50,100,200) are spread and free to move upwards
We can see GOOGL has been 'open' (in its most bullish state) for 10.5 years
Correlating this with price, it is obvious that this is the most bullish progression of price
We can also see ETHUSD has only been open for 154 days .
This is the first time in ETH's history that the MA's have been in this state
I expect bullish results, very bullish results
Ethereum Price Leaps To $2,600 Ahead Of The London Hard Fork
Ethereum price gains traction during the weekend, trading above $2,600.
The much-awaited Ethereum London hard fork upgrade is expected to kick off on August 4.
Ethereum must settle above $2,600 to avert a potential retreat to $2,400.
Ethereum price gained abandoned the bearish calls to $2,000 late last week and posted incredible gains over the weekend. The pioneer smart contract token had initially been capped under $2,400. However, its downside had also been protected by an ascending channel’s lower boundary. This line of support put Ethereum in the trajectory for gains above $2,400.
The bullish leg extended above $2,600 and briefly touched $2,700 on some exchanges like Coinbase. A minor correction came into play with Ethereum slicing under the ascending channel’s middle boundary.
At the time of writing, Ether is trading at $2,560 amid a renewed effort by the bulls to fight for another take on the seller congestion at $2,600 and $2,700.
Ethereum Price Upswing to $3,000 Seems Imminent
It is the bulls’ priority to establish higher support for Ethereum as soon as possible. Perhaps holding above $2,500 will keep the focus on $2,600 and $2,700, respectively. Note that another break past $2,600 may trigger more buy orders as Ethereum soars to $2,700 before making hast toward $3,000.
From a fundamental perspective, Ethereum is at an optimum point to rally. Investor sentiment keeps improving ahead of the Ethereum London hard fork. This key upgrade encompasses the EIP-1559, a proposal that will see network gas fees significantly brought down. In a way, the prevailing exploitative gas fees have made Ether less competitive. However, with the barrier out of the way, Ethereum can rise to higher levels.
On the flip side, holding above $2,500 is crucial for continuing the uptrend to $3,000. However, if broken, bears will gain momentum and push the price to $$2,400. Massive losses will be triggered if sellers surmount the bulls’ at this level. Other support areas to keep in mind include $2,200 and $2,000.
Ethereum Intraday Price Levels
Spot rate: $2,560
Trend: Bullish
Volatility: High
Support: $2,500, 2,400
Resistance: $2,600 and $2,800
Time to Convert BITCOIN to ETHEREUM?! ALTSEASON Starting?!Is now the right to rime convert Bitcoin to Ethereum to increase your Bitcoin stack?
One of the best risk reward trades in cryptocurrency is knowing when to convert between Bitcoin and Ethereum. You can easily multiply your Bitcoin stack while taking on relatively small risk as Ethereum is the most stable of the altcoins.
So the question before us is "Is now the right time to convert some Bitcoin into Ethereum?" so that as ETHBTC rises, we will be able to increase our Bitcoin holdings.
On the bullish side, we do have a double bottom breakout which has been confirmed by the break of the neckline, indicating that the ETHBTC pair is likely to head higher. Moreover, ETHUSDT has had a huge double bottom breakout as well on the daily timeframe that has a technical target of $3000+ (though we would've liked to see more volume on the breakout).
On the bearish side, ETHBTC is running into trendline resistance (this is the trendline from a descending triangle), so the pair might get a rejection here. That said, if we are able to break out of the triangle and close above this trendline resistance, then we would have a double bottom breakout combined with a trendline/triangle breakout, which would be super bullish.
Let me know in the comments below of if you playing it safe and waiting for a daily close above the trendline or if you are being aggressive and converting Bitcoin into Ethereum Now.
ETH testing a UptrendAs you see here we are testing a supply zone followed by some resistance which is normal but next let's see if we can do a Touch & Go off of the (Yellow) lower resistance then get a nice Uptrend that'll get us out of this consolidation.
Then we'll be met by another resistance, if BTC is able to get the market moving we should blow right through it. I do believe we may have 1 for Pullback before the big Bull run.
New Trend Signal For Ethereum - Time to Jump in LONG ! COINBASE:ETHUSD
This Trend Indicator system does not look complicated but it is one of the great systems used by one of the original billionaire trend traders from Richard Dennise Turtles. It works great on Crypto. I picked this up in 2012 when I worked on Wall St. It is not the Channel system some have seen but a lesser known system. Anyway the important thing is we have a start of a new trend it is official - get in now buy Ethereum !
3011$ Ethereum is valid.Our calculations are a bit mixed.
We compare the Sellers and Buyers and determine the price through artificial intelligence.
Amount or not. We withdraw all our money at the specified point.
We certainly do not enter the short position from these points.
It's not that we can't lower the price.
We want it to rise. Everybody win.
You can check my old posts.
We do what we say.
Confidentiality is essential in our positions.
There will definitely be those who enter reverse trades.
We are waiting for him. For the hunt. While they hunt small fish.
They do not realize that they are prey.
When I talked to the fund managers,
we saw this decrease in January 2021.
We can see the trend return with a weekly close above $39200.
Ethereum Consolidating for HUGE Breakout SOON! 2350 Incoming?!Ethereum is consolidating in a symmetrical triangle after the most recent bullish rally. From a purely technical analysis perspective, there is a higher likeliness that price breaks upwards since price rallied into the triangle. That said, we want to wait for a breakout and confirmation before jumping into any trades. If price breaks to the upside, the potential target is at 2340. If price breaks to the downside, then the 200MAs at 2115 could be an area of potential support and therefore a good place to take profits from a short. The 200MAs is a good place to place a potential long as well if price drops down to that level.
Check out my daily videos for more in-depth technical analysis and trade setups for Bitcoin , Ethereum , and Altcoins.
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Another ETHEREUM AnalysisAll signs point to 20k
I know it sounds ridiculous, but consider it.
Pull a 2017 Bitcoin.
ETHUSD's first bull run pushed it up 23000%
Assume this occurs again
This places the price at just above 20k
With structural similarities, volume rising, and beautiful fundamentals. I wouldn't doubt it.
ETHBTC is displaying dangerously bullish signs with the current bullflag formed
It wants to form a channel from this recently acquired bull trend, which I have shown (parallel channel)
For this channel to form a large upward move would be needed, which I have plotted (bars pattern)
Putting ETHBTC at .25 briefly
With BTC also rallying to possibly (80 - 100k)
The price of one Ether would be 20k
Attached are my other popular analyses that also point to this
ETH.D Flag for Breakout ETH.D has provided us with a flag that will act as the ammunition for a breakout
A break through a key fib level from the downtrend and a fib level from the uptrend
Areas in red prove the fib circle, as can be seen trending around the circle
Ethereum is very hot right now
This is the chart for Ethereum Dominance
Ethereum Bullish FollowupStrong buy signal as it bounces off the support strongly and aims back for trend-line. Might hug it a bit and then eventually break out, or reject and go downward... we'll see. Aiming for next resistance and that could be a potential sell target or partial sell target if you're super long.
DYOR but good luck to you all!
#CryptoKyle
www.kylerea.net
Ethereum buy the dip.Ethereum - Intraday - We look to Buy at 1720.2 (stop at 1674.4)
Pivot support is at 1717.
Pivot support is at 1700.
Dips continue to attract buyers.
We look to buy dips.
Bullish divergence is expected to support prices.
Our profit targets will be 1858.6 and 1878.6
Resistance: 1860.0 / 1900.0 / 1960.0
Support: 1800.0 / 1700.0 / 1540.0
ETHUSD thoughts Ethereum is still within this wedge structure
Still above the major trendline that has formed (in yellow)
Red dotted line is where price will flirt with below the major trendline before bull momentum returns
I do believe this is just a very long pullback and bull action will resume
If it is, its the biggest shake ive witnessed so far