Late 2017 scenario x 2021 scenarioEthereum late 2017 ATH Scenario
1) Ethereum daily candle closed just 6 days above U$1.200 (major resistance);
2) Ethereum touched just one time U$1.400;
3) 4 days after touch U$1.200, dropped down to U$770;
4) 24 days after touch U$1.200, dropped down to U$550;
Shorten: Ethereum don't holded above U$1.100.
Atual Scenario (2021 ATH )
1) Ethereum daily candle closed 23 days above U$1.200 (major resistance)!!!
2) Ethereum daily candle touched 4 times U$1.400!
3) 12 days after touch U$1.200, went up to U$1.400.
4) 27 days after touch U$1.200 (today), the price is U$1.470.
5) 100 days daily RSI holding at 50+.
Shorten: Ethereum holded strong above U$1.100 + 50 RSI.
Comparison of scenarios
It is very obvious that the current scenario is totally different from 2017 ATH .
The ATH range (U$1.200 ~ U$1.400) is maintaining itself and does not want to fall, there is a lot of buying power close to ATH .
It's just a matter of time to break ATH and rush to 4~5k+ level.
PS: I believe it will happen this year, in the coming weeks / months.
PS2: When ethereum breaks ATH , with daily candle closing above U$1.500, alt season will start strong.
Ethereumlong
ETHUSD: New Structure High & Important Breakout, What is Next?
hey traders,
After a nice bullish accumulation within an ascending triangle formation,
ethereum finally managed to break and close above 1445 structure resistance.
With that breakout, the price set a new all times higher high higher close.
If you missed a long entry, consider the narrowing area between a broken horizontal structure and rising trend line.
that is our local demand zone and safe point to buy from.
Concerning the next goal for buyers, I have projected the range of the ascending triangle.
I took the strongest impulse leg within that and projected it from a broken structure.
It perfectly points to the 2000 level. It is a nice psychological round number as well.
Also, please consider 1712 level. It is just the middle of the projected impulse leg,
based on my experience I noticed that it matters as well.
Good luck!
ETH breaks out from Bitcoin, goes ballistic to $1,700
Ethereum upsurge remains unique and has the potential to continue beyond $2,000 in the short-term.
Ether whales are still on a buying spree, suggesting that investor sentiment is still positive.
Ethereum is at the helm of cryptocurrency price action for rising to a new all-time high. The largest altcoin’s least resistance path has been upward since it broke above $1,400. Our analysis on Wednesday predicted that Ether is heading to $1,800, however, the smart contract token is exchanging hands at $1,666 after retreating from $1,700 (new all-time).
The 4-hour chart suggests that the price discovery is far from over and that Ethereum is just getting started with its unique rally. For instance, the Moving Average Convergence seems to have reinforced the bulls’ dominating influence over the price. The MACD line (blue) large divergence above the signal line is a clear indication of ETH.s ability to continue with the uptrend.
Simultaneously, Ethereum has been able to sustain the uptrend every time it has traded above moving averages such as the 200 Simple Moving Average, the 100 SMA, and 50 SMA on the 4-hour chart. The 50 SMA seems to be extending the gap above the other two moving averages, adding credence to the bullish outlook.
Ethereum whales are on a buying spree according to Santiment’s holder distribution. The need to hold came after Ethereum displayed signs of growth and perhaps breaking away from Bitcoin. Intriguingly, Peter Brandt said that he was ready to convert half of his BTC holding to Ethereum.
Addresses holding between 10,000 and 100,000 ETH have risen from 1,015 recorded 30 days ago to 1,515 at the time of writing. This is a significant increase that can be extrapolated to explain the growth in the price of Ethereum.
It is probable that Ethereum’s rally will; continue in the near term and perhaps hit new record highs above $2,000.
Ethereum intraday levels
Spot rate: $1,638
Relative change: -30
Percentage change: -2%
Trend: Bullish
Volatility: High
Ethereum Buy a break setup.Ethereum - Intraday - We look to Buy a break of 1587 (stop at 1532)
Daily signals are bullish.
Price action resulted in a new all-time high at 1574.
We look for gains to be extended today.
Posted a bullish Flag formation.
A break of 1580 is needed to confirm the outlook.
Our outlook is bullish.
This over-extended move shows no sign of slowing.
Our profit targets will be 1748 and 1848
Resistance: 1600 / 1700 / 1800
Support: 1610 / 1480 / 1440
Ethereum New ATH? - +26% Profit - First Target Done. ETH/USDTHello dear friends - well, I congratulate everyone again. And again I have nothing to say - since everything works 94% for all my trading ideas.
Yes, do not forget - I also have losses, but they are much, much less frequent than profits. What should I scream from you. Every single recommendation I open here works, and each of you can check it out. Well - will all the targets be achieved? What do you think ?)
ETHUSD Developing FurtherThe future of finance,
Check defipulse.com for the current moonshot that's happening within the DeFi space
(a) is a similar point of reference and the basis for the bars pattern predicting the future move
I believe the parabolic move (in blue circle) was a premonition for what is to come
Some of my previous work on ETH
Ethereum soars to new record highs, as technicals target $1,800
Ethereum breaks out from an ascending triangle aiming for new all-time highs at $1,800.
ETH’s uptrend has been validated by the MACD and the daily close above $1,400.
Ethereum has recently become a digital asset to watch with its holders preferring to stay for the long term. On the other hand, Bitcoin is relatively stable, suggesting that recovery above $40,000 will be an uphill battle. After retesting support at $1,200, Ether has been consistent in its recovery despite meeting critical barriers at $1,400 and $1,450.
The pessimistic outlook on Tuesday was ignored with Ethereum embarking on a barrier-breaking exercise. The formation of an ascending triangle pattern allowed the bulls to take control over the price, following a break past the x-axis.
Ethereum has risen above the old record high and is currently settled above $1,500. Ascending triangles are key technical patterns that identify consolidation periods that culminate in the continuation of the preceding trend.
The patterns stand out for giving traders exact price targets following a breakout. This target is measured from the highest to the lowest points of the triangle. In this case, ETH has a long way before hitting the 22% upswing to $1,800.
Meanwhile, Ether is doddering at $1,540 amid a building bullish momentum. The bullish narrative can be confirmed by the Moving Average Convergence Divergence (MACD).
The MACD line (blue) recently crossed above the signal line, encouraging traders to buy more of Ethereum. When carefully applied, the MACD can be a strategic trading strategy. However, it is best to incorporate other indicators as well.
It is worth mentioning that Ethereum may fail to rally to $1,800 if the uptrend fails to break above the near term key level of $1,600. On the other hand, support must be established above $1,500 to allow buyers to take charge and focus on lifting Ethereum to higher levels. Otherwise, Ethereum may correct to confirm support at $1,400 or $1,300.
Ethereum intraday levels
Spot rate: $1,540
Relative change: 28
Percentage change: 1.8%
Trend: Bullish
Volatility: Growing
Ethereum to $2000!As you may know I am pretty bullish on Ethereum, even more now that the price created new all time high at $1500!
Since there is no push back, selling pressure I expect this $1500 top to be easily broken today and extended gains towards $1600 will not be a problem for ETH.
Ethereum is currently located in a bullish channel where a break of $1500 will bring increased bullish momentum.
MACD is about give a buy signal and RSI is in a clear trend of higher lows.
My target is below $2000.
Good luck with Ethereum!
Ethereum's Next move will be a Big OneBINANCE:ETHUSDT
as it continues to move with a great pace now its challenging major trouble area. A Drop from here could be huge one however we are currently bullish and needs to maintain blue line EMA 9 later the green line EMA200 one the right side chart. other than that everything is self explanatory. A breakout from here must take it up to 500 and 550 zone.
ETH Literally to the stars!Underlying bull trend on ETHBTC that I have just noticed
This will dominate as the bear trend has reversed (breakout from a falling wedge)
ETHUSD can be seen forming a flag (bullflag) from a curved flagpole or (scallop)
This is really bullish and I am heavily invested, imo you should hop on board aswell
Everyday DeFi Pulse is pushing new highs, showing the power of projects built on top of Ethereum
Some popular ones are Maker, AAVE, and UniSwap (gems can be found among the saturation)
This is my reasoning behind a massive move for Ethereum, it seems ETHUSD price isn't reflecting currently the bullishness of projects built on the platform
Hopefully this post allows some realization for whales
We have recently been exposed to a lot of buyers through WallStreetBets, I assume a lot of these new believers will join the cryptocurrency movement.
Generational wealth is in effect.
Some of my older work on ETH
Big things coming for ETH and Vitalik
ETHEREUM - Been a good 'example' 🧮Patience is key in trading guys. Many of you get emotional, expect your trade or investment to rise on a straight line.... sorry, not gonna be happening
Well, Ethereum has been such a GREAT example of how:
1. the direction is clear (has been a buy- look at our ideas)
2. every time it corrects it offered an opportunity to buy again
3. it did also offer opportunities for short positions (especially for us who hedge a lot)
patience (check our various ideas) paid out and is paying out
So what's next? For us is taking profit time (again) and we keep some for a rise further higher. We are also trying and compounding some small short positions (25% atm).
ETHEUR short and long term pricingA flat top triangle (polyline) forming since January 19 is on its last stage, presenting a potential uprise of about 28% (1522 EUR as target). In a shorter timespan, a symmetrical triangle forming since January 29 could pull prices up to 1240 EUR. Momentum, MACD histogram and KDJ are quite low and rising right now, so I don't expect prices to go lower than 1083 EUR.
Ethereum (ETH) Less Than $1600 Is Damn CheapHey friends, hope you are well, and welcome to the new update Ethereum coin.
14000% rally:
From 2015 to 2016 the price action of Ethereum rallied from $0.15 to $21.49 that was more than 14000% gain.
22000% rally:
After 14000% gains, the price action of Ethereum started the next rally from 2016 to 2018. This time it was more than 22000%, that was almost doubled move than the previous one.
Bullish Cypher move:
it can be also observed that before the second bullish rally the priceline also formed a big harmonic Cypher pattern on the monthly chart and started this big move from the potential reversal zone of this bullish pattern.
Bullish Gartley move:
Now recently back in March 2020, the price action completed another bullish harmonic Gartley move on the monthly time period chart. I also shared this move in march as below:
Now from the potential reversal zone of this pattern the price action has rallied more than 1500% sofar and reached the highest resistance level in its history.
Conclusion:
As the priceline of Ethereum has been reached the highest resistance level in its history. This big harmonic Gartley move is a powerful signal that the priceline of Ethereum is again going to make a big move like 2016 to 2018, and it can be doubled than the previous rally.
ETHEREUM - We remain BullishOur updated Ethereum chart. Shake-offs were opportunities to Buy again and we remain bullish on the asset. Unlike the previous month that we were focused on Bitcoin I remain focused on Ethereum at this stage simply because the fundamentals are strong (new version and CME futures) as well as the fact that the price of Ethereum keeps flirting with new all time highs, thus more headlines and new investors.
All this until February 8, where as I have stated before it will be time to short it.
Ethereum 4~5k+ TargetEthereum 2017 ATH Scenario
1) Ethereum daily candle closed just 6 days above U$1.200 (major resistance);
2) Ethereum touched just one time U$1.400;
3) 4 days after touch U$1.200, dropped down to U$770;
4) 24 days after touch U$1.200, dropped down to U$550;
Atual Scenario (2021 ATH)
1) Ethereum daily candle closed 17 days above U$1.200 (major resistance)!!!
2) Ethereum touched 4 times U$1.400!!!
3) 12 days after touch U$1.200, went up to U$1.400.
4) 21 days after touch U$1.200 (today), the price is U$1.300.
Comparison of scenarios
It is very obvious that the current scenario is totally different from 2017 ATH.
The ATH range (U$1.200 ~ U$1.400) is maintaining itself and does not want to fall, there is a lot of buying power close to ATH.
It's just a matter of time to break $ 1,400 and rush to 4~5k+ level.
PS: I believe it will happen this year, in the coming weeks / months.
PS2: When ethereum breaks ATH, with daily candle closing above U$1.500, alt season will start strong.