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Ethereumlong

ETH / USD - Resistance Flipped Support, Re-test then BreakoutEthereum recently broke it's all-time high, held well above it, and is now showing us that this old weekly resistance has now become support. It has also formed a new psychological resistance at $2000, but if you look at the BTC pairing, we should achieve a significantly higher high than this. BTC pair wants to head back towards 0.062 area, which is nearly double where we currently sit (that said, BTC itself can move changing the dollar value of eth upon reaching that - if we move up, it'll be a higher high for eth usd, if BTC moves down, it will be a lower high for eth usd). We've tested breaking upwards far more than we've tested the opposite. During our re-test, it looks like we're beginning to form a W pattern. If we break $1680-1700, we confirm our W. I believe we're gearing up to head into price discovery and a new all-time high. I like a mid-term target of around 2800-3k, which could go as high as 4-6k, or as low as 2350 depending on what BTC does, but that's if we break 2040 and complete the W pattern. This chart is predicting we complete that pattern and revisit 2k. This is the 4H heiken ashi chart. Related longer-term ideas area linked below.
COINBASE:ETHUSDLong
by dudebruhwhoa
ETH eyes massive recovery to $1,800 if this key pattern Ethereum rejection at $1,700 leads to losses under $1,500. A double-bottom pattern brings hints at a potential recovery toward $1,800. If support at $1,400 fails to hold, Ether could drop to $1,200. Ethereum could not continue with the upswing following the breakdown to $1,400 due to the selling pressure at $1,700. The bulls abandoned the mission to hit $2,000 again, instead, retreating to the sidelines. The correction from $1,700 has been unstoppable to the extent of revisiting areas below $1,500. However, a possible technical pattern suggests that recovery is on the cards. At the time of writing, Ethereum is doddering at $1,490 after losing the support at $1,500. The 4-hour chart highlights the possibility of a double-bottom pattern forming in the near-term. This is a bullish reversal pattern suggesting that the downtrend is weakening, and bulls are getting ready to control the price. If the pattern confirms, Ethereum will start the recovery journey afresh. This time bulls must focus on breaking the critical hurdle at $1,640, as highlighted by the 200 Simple Moving Average on the 4-hour hour chart. Further up, a confluence formed by the 50 SMA and the 100 SMA will delay the recovery, but once broken, Ether may rally to $2,000. The Relative Strength Index (RSI) on the 4-hour chart highlights a bullish picture after making a shallow bounce above the oversold region. A movement toward the average line will indicate a growing bullish grip, adding credence to the uptrend. It is worth noting that if the double-bottom pattern fails to confirm, Ethereum is likely to continue with the downtrend toward $1,200. Here, a higher concentration of buyers will boost it upwards. More investors are likely to enter the market because of the lower price. Ethereum intraday levels Spot rate: $1,493 Relative change: 10 Percentage change: 0.6% Trend: Bearish Volatility: Growing
COINBASE:ETHUSDLong
by CoinGape
3
ETH / USD - Priming for an ExplosionUnless the entire market crashes here, Ethereum should repeat old behavior. Last time it broke its all-time high, it re-tested that area immediately after and then exploded into new territory. Also back in 2017-18 bull market, ethereum was the last to reach its all-time high before bitcoin finally fell, and similarly litecoin was one of the first major alts to rise. In my opinion, this is happening yet again. As the upper chart shows, at this moment it is doing the exact same thing yet again. To support this idea, take a look at the ETH/BTC pairing in the 2nd chart below, it has been held down all this time, despite the DeFi boom the preceded the Bitcoin market boom. Ethereum has yet to capitalize on this vs. BTC, and I believe its because people are accumulating in preparation for an incredible move. A conservative target is double where we are now. See related ethereum ideas supporting this one in the related ideas linked below.
Long
by dudebruhwhoa
Optimistic analysis of the daily ETHUSDT! What's your vision!?Technical analysis regarding the price of ETHEREUM in relation of dollar Tether for the next scenarios, based on daily movement. disclaimer *** In accordance with CVM Instruction No. 598, of May 3, 2018, Art. 21, I declare that the recommendations of this analysis reflect solely and exclusively my personal opinions and perceptions and that they were prepared independently and autonomously. Not being considered a purchase and/or sale recommendation. *** Any questions do not hesitate to contact me. I'm happy to be able to help you in the best way I can. 🙏
Long
by luizhcruz
2
ETH fights for breakout back above $2,000, but technicals remain Ethereum recovery hits a barrier at $1,700, forcing bulls to seek refuge at the 200 SMA. Ether bulls are not relenting in the fight for gains towards $2,000. The correction toward $1,400 will continue if it loses support at the 200 SMA. Ethereum has made a considerable recovery from the drop in price earlier in the week. The losses followed a rejection from highs above $2,000. It became difficult to stop the bearish leg because the declines were widespread in the market, led by Bitcoin's slump to $45,000. Meanwhile, Ethereum is trading marginally above $1,600. Price action on Tuesday saw Ethereum recover from $1,400 to $1,700. However, bulls lost steam, paving the way for the ongoing correction. The 4-hour chart shows that the 200 Simple Moving Average (SMA) support has just been lost. In other words, if it flips into a resistance area, Ether's recovery will be an uphill battle. Bulls need to close the day above $1,600, if not the moving average, to avoid losses and sustain the uptrend towards $2,000. It is essential to keep in mind that the Relative Strength Index (RSI) hints at consolidation taking precedence in the coming sessions. The trend strength indicator is leveling around 40 following a recovery from the oversold area. Note that movement above the midline may renew the uptrend by encouraging more buyers to join the market. On the other hand, ETH will continue with the downtrend if the 200 SMA flips into a resistance. Selling pressure is likely to mount under this level because of the bulls getting exhausted. On the downside, formidable support will be found at $1,480 and $1,400, respectively. Ethereum intraday levels Spot rate: $1,602 Relative change: -26 Percentage change: -1.6% Trend: Bearish Volatility: Low
COINBASE:ETHUSDShort
by CoinGape
2
ETHUSD: The price BOUNCED on its DYNAMIC TRENDLINEHi traders and welcome to my channel, if you enjoy my FREE Technical Analysis 📈 and Trading Tips 📉, support the idea hitting the LIKE 👍 button and don't forget to SUBSCRIBE ✔️ my channel, you won't miss anything ! 🟢 Forex Pair : ETHEREUM/USD ⚪ Technical Analysis : Since the beginning of February 2021, the price has been moving with a nice uptrend, following and bouncing on its dynamic trendline, closing also its last two h4 candle's sessions above the same level. It is currently moving above the S/R zone at about 1740 and there is a possibility to see a new bullish impulse. 🔴 Conclusion : Considering an overall bullish market, closing and starting its last candle above its EMA 100, I'd be confident to see the price growing more and I'll definitely entry long if I'll get a proper confirmation during the next sessions. I'll plan to entry long if the price will close around the level 1830 and my last target would be the level 2100. Be very carefully on the resistance zone at about 2000, because it's a strong resistance and the last high formed. Stay tuned for Updates and Trading Signals ! What's your opinion? Share your idea writing a comment! ⚠️ Please note the views are not investment advice and should be used only for educational purposes ⚠️ Trade Safe and Responsibly , Gianni
BITSTAMP:ETHUSDLong
by FXtrades-gp
28
CountOnCrypto - Ethereum Forecast - 22/02/2021Good morning Earth, today we are looking at a possible re-test of the previous high at $1882 for Ethereum. After an approximate drop in price from the top of 13.5%. I am expecting this to happen around 2:30 pm UK time when America wakes up, my thoughts are that we will form a double top pattern around $1936 in the next few days and then re-test the previous all-time-high at $1882 again before continuing and breaking to the upside of the ascending channel. With regards to Fibonacci retracement levels, I based my long entry on dollar-cost averaging from the .786 at $1833 and .618 at $1794. All-in-all I am looking for an indicator reset on the higher timeframes, this is going to be key to the continuation of the bullish uptrend. New money always enters the market when the price goes down which leads to further gain. As per, please use risk management when trading and do your own research before risking any of your money on the market. You can learn to trade for free online with some initiative and an Internet connection!
BYBIT:ETHUSD.PLong
by CountOnCrypto
4
Ethereum Price at Trend line SupportEthereum price at trend line support need clear breakout or the break down here. For bullish move Ethereum price must close above the 2000 $. bitcoin price also has to made good close above the 55000 $ and must hold this zone for next big move. bitcoin price today made good dump at the 54000 $ zone and here another buying also done so from here bitcoin price can settled above the 55000 than we can see really good move in ethereum price too. daily close below the trend line support will send price of the ethereum lower
by TheLightCrypto
Ethereum completing big Cypher for upto 58.5% rallyHi friends hope you are well, and welcome to the new update on Ethereum coin. On long-term weekly chart chart, After formation of BAT and Gartley patterns, the priceline of ETH with BTC pair is completing the formation of bullish Cypher pattern and soon it will be entered the potential reversal zone There are also 50 and 100 simple moving averages supports in this buying zone. This trade has a profit possibility of 58.5%, and the loss possibility is 14%. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
Long
by moon333
3
ETHUSDT LONG TRADE ENTRY 2021/02/21Entry 1,970.0 SL 1,868.6 TP1 2,005.5 TP2 2,035.9 TP3 2,061.3 TP4 2,091.7 DISCLAIMER: I am NOT a financial advisor and this post is NOT financial/investment/trading advice. I will not be responsible for any actions you take based on the analysis and comments that I provide. I am simply sharing what I am doing, and is not meant to be investment or trading advice. What you choose to do with the information that I provide is your own sole responsibility! The cryptocurrency market is extremely volatile, and you WILL lose all your money if you are inexperienced! DO NOT risk any money that you cannot afford to lose and always be cautious and manage your risk! Please support me by liking and following, and sharing your ideas and analysis in the comments! Thanks!
Long
by cryptotraderog
The future of ETHAs a seasoned investor, amassing a small fortune equivalent to the GDP of the American Samoa is great and all but what is it all worth if you can't actually buy a country? Who made these rules in the first place? Anyways, ETH is on the rise, and it looks like we have about 2X to go before we get a solid pullback. The emotional index is a rating of "Everyone expects a sell off" when this is the case, there is normally much more upside. Once that feeling wanes and everyone forgets and things just seem "Normal" going up. Then that is exactly when you should prepare to buy more at a large discount. Market Makers ride this emotional wave like a pro surfer. With the current news cycle coupled with the ramp up of Bitcoin and ETH adoption. Market Makers would never tarnish BTC or ETH's reputation as of yet. That will come with a major "Hack" to take the news cycle and market dropping like a rock, but only once everyone is in it. This will guarantee more regulation. Which is exactly what is needed and wanted by those that have a say. I personally would buy as much as humanly possible for the next few weeks. Best of luck and remember, it's not about money it's about control. Oh also, One thing I've learned in my 15 years is stocks only go up. NOTE: This is not investment advice. I just like ETH.
COINBASE:ETHUSDLong
by UnknownUnicorn8584410
6
Is ETH still coupled to BTC? Maybe not..Over time ETH has exhibited its own unique price movement Compared to BLX where price continually moves down when transitioning from one fib ring to another, can be viewed on my chart below In my view this decoupling was sparked by a small parabolic move that occurred last year Price is currently sitting right at the exit of one fib ring and entering another (red square) This could end up very bullish if it acts as a bullflag, which it likely will, based on the structure on a lower timeframe. The Ethereum ecosystem is adapting so fast, its difficult to keep up, price should reflect this.
KRAKEN:ETHUSDLong
by Bixley
4