$ETH -Bullish Smart Money Move - Below The Engineered Liquidity1869 is the spot I'm eyeballing in or arround that area. As soon as we see a sharp pull back below the "Safe Support" level that smart money has engineered, we should see it hit the median hourl price and or lower at the Bullish Block which should send the price higher. There are two bullish order blocks, a larger one between 1832 and 1857, and a smaller one sitting right on top of the larger one resting about 1860. This is also the 70.5% retracement level for this area. Here's a look at the hourley for the fair value gap that it has dipped into, but hasn't closed or hit the median.
And then here's a look at the Hourly with the Order block resting below as well. it all seems to line up with a bullish move once we get that slight pullback below the engineered "lows".
Looking to Exit at the 150% extension. This should move should start during the Crypto Killzones 12-2pm NY time and maybe end before the end of the day. If Not, I'll re-evaluate the move. Or at least the time. I don't want to set this up and and it pull back at 7:00 p.m. when crypto is usually moving down or sideways.
Ethereumlong
$ETHUSD - Path to 1900Hello everyone!
This is my vision of ETHUSD, the pair is below the 1750 - 1760 resistance area and tested it multiple times - no luck!
Though lets also take into account the fact that last three candles closed higher than the previous one and Ethereum is still above the 1700 support.
Drop to $1625 would be the best for Ethereum as it will test the Fibo 0.618, several dynamic supports and will jump to $1900.
~VITALIK IS IMPRESS~ ETHEREUM 📈ETHEREUM has been on a tear lately just ripping past ATHs
On a linear scale, the chop ETH saw back in Sept 2020 looks very much like the phase every altcoin is currently in, and I believe will continue to be in, until first few weeks of March when most will begin to take off. LITECOIN seems to be halfway there following the trail set by ETH and DOGE who also helped lead the pack and saw substantial growth from Nov 2020 to Dec and saw a slight correction all January before the final leg up at the beginning of this month. Feb.
Anyway buy everything! $$$
Target for ETH 5k (or $4,999 at least) is sometime late April early May.
Hope we can maintain these trend lines.
Charting this on my phone. I’m keeping this one simple.
Ethereum CORRECTION Almost CompleteAfter breaking out of major descending wedge we've seen ETH going to 0.04624 vs BTC which triggered a small altseason.
I think ETH is going for 0.06-0.085 area in the near term after BTC reaches major resistance.
This could mean ETH could be ranging for a while since I think BTC is going to reach $55,000-$67,000 levels sometime soon.
I also think that BTC might have some correction back from $67,000 down to 40s, depending on volatility.
This means ETH could go from $3300 to $5300, depending on BTC levels.
Again, depending on BTC (where does it go this year, 60k/100k/300k?) we're probably going to see a couple of smaller alt seasons and most probably one major one, which, in crypto slang, is going to 'melt faces'.
Not a trading advice.
ETH-BTC Gann - Areas of importanceCircle is the main area of importance, would be great to hodl and continue the up trend.
The main bull breakout can be observed above the curve of resistance plotted (arrow)
If this trend hodls a very large breakout may result against bitcoin
Ethereum hodls utility, Bitcoin is a store of value.
ETH/USD PRICE CHANNEL monitoring the ETHUSD long term price channel... I think the yellow box is the first real resistance area as we attempt to enter the main bullish channel again... I expect to see a very fast move once we break the bottom channel resistance and enter the main price channel... which could take ETH price to the green box upper bound range. I will update this idea as ETH price starts getting closer to the bottom channel resistance
Ethereum may complete Cypher move for upto 61% rallyHi dear patrons, hope you are well and welcome to the new update on the Ethereum coin.
On the long-term weekly chart, the price action of the price action of Ethereum with Bitcoin pair,1st formed BAT pattern then Gartley and now completing the final leg of another bullish Cyhper pattern and soon it will be entered in potential reversal zone. On breaking down 25 SMA the move will be confirmed. There is 100 SMA in the potential reversal zone to provide good support.
this trade has a profit possibility of 61%, and the loss possibility is 14.5%.
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.
Ethereum (ETHUSDT) Daily Long&Short Trade Setups 2021/02/13Hi guys, if you like this post, please support me by clicking the like and follow buttons and leaving a comment! Thanks!
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Also check out my daily analysis on Bitcoin!
Market Overview
Price Action: ETH has been consolidating after continuously making slightly higher all time highs. It is now testing the 200MAs and could give an entry signal soon.
Chart Patterns: N/A
Areas of Interest: The area(s) of interest for me are the ATH @ $1872. Once price reaches one of these areas, I will monitor for entry confirmations. If the entry confirmations are aligned, I will take a trade and share the my trade in real time.
Trade Setups
Below are the potential trade setups that I would be interested in trading:
Long Trade Setup #1: Breakout and Continuation
1. Price Action: Price breaks above and falls back down to $1872 and bounce back up.
2. Trade Entry Confirmations: Bullish candlestick pattern, above average volume, MACD bottoming
Short Trade Setup #1: False Breakout
1. Price Action: Price breaks above and then falls below the high @ $1872, forming a bull trap
2. Trade Entry Confirmations: A breakout candlestick followed by a breakdown candlestick, above average volume on both breakout candle and breakdown candle, MACD topping out
My Recent Trades
2021/02/08: I had a winning trade! I entered a short @ $1,605.00, with Stop Loss @ $1,628.14, and price reached a low of $1,563.9, giving a risk reward ratio of 1.8:1.
2021/02/04: I took two trades, one winning trade and one losing trade. I first took a long @ $1,645.0 which hit SL @ $1,583.3. I then took a long @ $1,614.4 with a SL @ $1,596.5, and price reached a high of $1,623.3, giving a risk reward ratio of 0.6:1. 2021/01/30: I had a winning trade! I entered a long @ $1370.5, with Stop Loss @ $1352.3, and price reached a high of $1390, giving a risk reward ratio of 1.1:1.
About Me
I started trading in 2008, first got introduced to bitcoin in 2009, and have been actively trading cryptocurrencies since 2016.
I have worked on Wall Street trading bonds, stocks, and options.
I have taken hundreds of live trades, each recorded with over 50 data points, all meticulously analyzed, using data analysis and modeling to optimize win probability and risk reward.
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ETH breakdown lingers despite the network overtaking Bitcoin in
Ethereum retraces from the new record high aiming to secure support above $1,700.
The formation of a rising wedge pattern hints that the correction could be extensive.
Ethereum network is moving more value in Ether compared to Bitcoin blockchain with BTC.
Ethereum is struggling to sustain the uptrend after rising to a new all-time high. The largest smart contract token was recently elevated above $1,800 but could not continue on the trajectory eyeing $2,000.
Meanwhile, a retreat has come into the picture, whereby Ether is seeking higher support. The bulls in the market are prioritizing support above $1,700 to keep their focus on $2,000. However, short term analysis shows that bears are gaining control and fast, thus the likelihood of Ethereum diving to lower levels.
The 4-hour chart brings to light the formation of a rising wedge pattern. Usually, this pattern is regarded bearish and leads to a trend reversal. Therefore, if validated, ETH may drop toward $1,600.
Notably, the 50 Simple Moving Average (SMA) on the 4-hour chart is in line to provide the much-needed support and help avert the potential losses. Nonetheless, if the bearish outlook remains persistent, Ether will be forced to look for support near the 100 SMA and the 200 SMA.
Similarly, the Moving Average Convergence Divergence emphasizes the growing pessimistic outlook. In other words, the least resistance path is downward until robust support is secured.
It is essential to note that Ethereum has recently grown to become the most significant protocol for trustless money settlement, overtaking Bitcoin. An on-chain metric by Glassnode shows that the Ethereum network is moving more value with Ether than Bitcoin blockchain, which uses BTC. Simultaneously, Ethereum 2.0 will review the high gas fees on the network; hence the value transferred might continue to hit higher highs.
Ethereum intraday levels
Spot rate: $1,735
Relative change: -7
Percentage change: -0.4%
Trend: Bearish
Volatility: Low
ETHEUR flat top triangle aiming towards 1500 EURHello traders,
After a brief correction, ETHEUR is back on its ascending rally. Right now chart is forming a flat top triangle (blue outline triangle). As can be noticed, its height signals the price range, which is around 1500 EUR (thus, it will test again that price). Momentum, MACD histogram and KDJ in the 2h timeframe are below underbought levels, so even if the resistence is located at 1422 EUR, right now it's also a good opportunity to buy.
ETH Break to the Upside Soon???ETH has been in an ascending triangle for about a day now which is bullish.
And, also finding support on VWAP.
It had a small fake out which quickly went back to under the 1.618 fib level which is the blue line.
This is because there was too much rooms still in the triangle at the time so it was too early to break out.
More Probable Scenario:
To the triangle there was a 12% increase and at the beginning of the triangle just under 5%.
This means that when it finally breaks out of the triangle we can expect it to go up about 5% or 12% which puts up about $1850 or $2000.
Less Probable:
We could also see a drop of about 5% which would put us back to the bottom of the parabolic channel I drew in a previous idea.
Then from there bounce to the upside hopefully not breaking under the channel.
ETH settles above $1,800 ahead of the upswing toward $3,000
Ethereum leads the altcoin season after jumping above $1,800 to trade a new record high.
Investors speculate that Ethereum will rally to $2,000 in the near term before completing the leg up to $3,000.
ETH will correct if the support at $1,800 fails to hold.
Ethereum is currently holding above $1,800 after extending the bullish leg from the short term support at $1,700. The flagship altcoin has been consistent in its recovery since January despite the frequent minor retracements. It is essential to realize that bull markets also come with their fair share of corrections. Nonetheless, the general trend has remained upwards, with Ether eying $2,000 in the short-term and $3,000 in the medium term.
A comprehensive glance at the 4-hour chart hints at the cryptoasset holding onto the bullish impulse a while longer. For instance, Ethereum is trading above all the applied moving averages, including the 50 Simple Moving Average, the 100 SMA, and the 200 SMA. The gap made by the 50 SMA above the other two moving averages suggests that ETH is generally in the hands of the bulls.
Simultaneously, the Moving Average Convergence Divergence (MACD) reinforces the bullish outlook. Note that the MACD line (blue) recently crossed above the signal line. If the divergence between the two lines expands, we can expect Ether to rally toward $2,000 in the short term.
Similarly, closing the day above $1,800 would keep the investor interest high. The remaining journey to $2,000 and later to $3,000 will ride on increased uptake of the pioneer smart contract token.
On the other hand, declines will come into play if the immediate support at $1,800 is lost. Ethereum will start a hunt for higher support, preferably at $1,700. However, if the bearish leg becomes more robust, the 50 SMA currently at $1,635 and the 100 SMA holding at $1,500 will come to the bulls’ rescue.
Intraday levels
Spot rate: $1,787
Relative change: 15
Percentage change: 0.9%
Trend: Short term bearish
Volatility: Low