Ethereumlong
Buying Ethereum at previous key resistance.Ethereum - 24h expiry - We look to Buy at 1912 (stop at 1872)
Daily signals are bullish.
Our bespoke resistance of 1930 has been clearly broken.
Bespoke support is located at 1900.
20 4hour EMA is at 1920.
We look to buy dips.
Our profit targets will be 2012 and 2032
Resistance: 1972 / 2000 / 2050
Support: 1930 / 1900 / 1880
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
ETH Price Soaring with Bullish Flag - Time to ConsiderToday, I bring you exciting news: Ethereum (ETH) has shown a remarkable surge, accompanied by a bullish flag pattern that signals a potential upward trend. This is the perfect opportunity to consider adding ETH positions to your portfolio!
Over the past few weeks, ETH has been on an impressive upward trajectory, outperforming numerous other cryptocurrencies. However, what truly sets it apart is the recent formation of a bullish flag pattern. For those unfamiliar, a bullish flag is a technical analysis pattern that indicates a brief consolidation period before a potential continuation of the previous upward trend. This pattern often precedes a significant price surge, making it an exciting time for traders like us.
The recent surge in ETH price, coupled with the bullish flag pattern, suggests that we may be on the cusp of witnessing a substantial rally. As traders, we thrive on identifying such opportunities and capitalizing on them. Therefore, I encourage you to consider adding ETH positions to your trading strategy, taking advantage of this potentially lucrative period.
Here are a few reasons why ETH presents a compelling investment opportunity:
1. Ethereum 2.0 Upgrade: The much-anticipated Ethereum 2.0 upgrade is set to revolutionize the network, enhancing scalability, security, and efficiency. This upgrade has been a long time coming and is expected to attract increased adoption and investment in the Ethereum ecosystem.
2. DeFi Boom: The explosive growth of decentralized finance (DeFi) has driven ETH's recent surge. As the backbone of the DeFi ecosystem, Ethereum has become the go-to platform for innovative financial applications, attracting significant investor interest.
3. Institutional Adoption: The interest and involvement of institutional investors in the crypto space have been steadily increasing. With prominent institutions recognizing the potential of cryptocurrencies, including ETH, we can expect a surge in demand and subsequent price appreciation.
Now is the time to seize the moment and consider adding ETH positions to your trading portfolio. However, as with any investment, conducting thorough research, analyzing market trends, and managing risk is crucial. Stay informed, closely monitor market indicators, and make informed decisions to maximize your potential gains.
Remember, opportunities like these only come knocking sometimes. By staying ahead of the curve and embracing the bullish flag pattern, we position ourselves for potential profits in the ever-evolving world of cryptocurrencies.
So, what are you waiting for? Take action now and consider adding ETH positions to your trading strategy. Take advantage of this exciting opportunity to ride the wave of Ethereum's upward momentum!
Ethereum Gann Fan SupportsFor Ethereum, which returned from the $ 2100 resistance in the short term, a Gann Fan fit appears in the long term. If Ethereum, which is in the descending channel, holds at $ 1640, which is the Gann Fan support, it can walk to the descending channel resistance, and from there to the Gann Fan resistance. If it cannot hold the $1640 level, the target will be 1365.
Ethereum -> Why Is It LaggingHello Traders,
welcome to this free and educational multi-timeframe technical analysis.
On the weekly timeframe you can see that Ethereum perfectly retested and rejected, as mentioned in my last analysis, a quite nice previous weekly support zone towards the upside.
You can also see that weekly market structure is now definitely back to bullish, considering that Ethereum will also most likely close with a bullish engulfing candle which looks super constructive I simply do expect the continuation of the rally.
On the daily timeframe however you can see that Ethereum is still stuck at the $1900 level which is turned support again; overall Bitcoin is also heavily outperforming Ethereum so I am now just waiting for a break above the resistance and then also Ethereum is ready for more bullish price action.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
The Resurgence. A Fake-Breakout on Ethereum The Weekly candle suggests that it may be closing as a Hammer candle in 29 hours. In anticipation of this, we are anticpating more bullish volume as we move into the next week of trading. Bulls have carried price back inside our 4Hr Range on Ethereum. Price returned to the top of the 4hr range around 1765. We have since returned to the bottom of the range where I can observe a good reward/risk idea. This is known as a Fakeout or Fake-Breakout with regard to price action analysis. It occurs frequently in the market in which price will "Breakout" and candles close outside a range. Soon enough though, price closes back within the range after capturing enough liquidity from the other side. As a consequence we may see a burst of momentum going the other way.
A useful belief that has served me well in the markets has been " Anything can happen"
Therefore, have reasonable expectations and cut losses short and manage risk if the market doesn't go our way.
1708$ is our SL ( a 20$ Loss or -1R )
Take Profit 1 is 1765$ ( a 36$ gain or a 1.8: 1 Reward/Risk )
Take Profit 2 is 1805$ ( a 77$ gain or a 3.5 : 1 Reward/Risk )
Take Profit 3 is 1842$ ( a 114$ gain or a 5.7: 1 Reward/Risk )
Ethereum -> Weekly Timeframe Is ClearHello Traders,
welcome to this free and educational multi-timeframe technical analysis.
On the weekly timeframe you can see that Ethereum is currently retesting and starting to reject a major previous weekly resistance area which is now turned support at the $1700 level.
You can also see that Ethereum is overall still creating bullish market structure and about to close with a strong weekly rejection wick so considering the overall bullish crypto trend, I do expect Ethereum to reject this support zone towards the upside.
On the daily timeframe Ethereum is currently creating obvious bearish market structure with resistance at the $1770 level so I am now just waiting for Ethereum to break back above the resistance and then I do expect the next major rally to start from there.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
Ethereum -> Hunting The BuyersHello Traders,
welcome to this free and educational multi-timeframe technical analysis.
On the weekly timeframe you can see that at the moment, Ethereum is retesting a quite strong previous resistance area which is now turned support at the psychological $1700 level.
You can also see that overall market structure and moving averages are still bullish, furthermore there is also a support trendline coming in at the current $1700 level which is acting as even more support, so from a weekly perspective I simply do expect more continuation towards the upside from here.
On the daily timeframe however you can see that with today's candle, Ethereum is breaking the previous support at the $1800 area towards the downside, hunting all the stops which were below this key area, so I am now just waiting for a break back above the support and then I do expect a daily rally from there.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
ETH not dead yetLooking for a bullish count here on ethereum as we seem to be looking to continue higher.
The down move off the 2140$ high seems to be a corrective move as it is a three wave move, therefore not trend establishing.
Looking for further upside as we could moving sideways in a triangle in wave (iv).
Questions are more than welcome, trade safe!
Feel free to check out my other post here on Tradingview!
SOLETH OpportunitySolana (SOLETH) pair weekly chart is presenting us with a great opportunity to grow our ETH holdings with a SOLETH trade over the next several months.
This is based on the weekly chart so it will take 2-3 months to play out. Solana is getting ready to gain against ETH. This could happen in several ways. One way simply is that SOL gains in price in a significantly faster pace against the ETH .
Another way it could happen is that ETH falls while SOL stays pretty stable range bound.
The right side of the chart is showing possible USD valuation of the move while the chart on the left side is the SOLETH pair. Either way I'm expecting an exponential move in SOL price on the way to .618 fib retracement levels.
I'm exchanging some of my ETH to take this trade. Again regardless of the USD price, the goal is to accumulate more ETH in the long run. And if it doesn't work I have a great allocation of SOL that I don't mind holding for the long term.
My initial price target for SOL is $30. If we break that on a weekly close, my next target is $46. I will be taking profits back to ETH, if we hit those levels.
Not a financial advice so DYOR.
Ethereum -> Back To A Bullish MarketHello Traders,
welcome to this free and educational multi-timeframe technical analysis.
On the weekly timeframe you can see that Ethereum just retest and already started the rejection away from a previous weekly resistance area which was turned support exactly at the $1750 level.
You can also see that weekly market structure is still quite bullish, the next resistance zone is at the $2125 level so I simply do expect more continuation towards the upside to then retest the next resistance area.
On the daily timeframe you can see that my previous analysis about Ethereum perfectly played out with a simple break and retest above the daily $1850 previous resistance - daily market structure and moving averages are also now back to bullish so I am now just waiting for break above the $1910 resistance and then I do expect more continuation towards the upside.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
Ethereum -> Consolidation Before BreakoutHello Traders,
welcome to this free and educational multi-timeframe technical analysis .
On the weekly timeframe you can see that Ethereum is approaching a quite nice previous weekly resistance area which is currently turned support exactly at the $1700 level.
You can also see that weekly moving averages and market structure is overall bullish, I am now just waiting for a retest of this level before I then do expect more continuation towards the upside.
On the daily timeframe you can also see that over the past couple of days Ethereum has been trading between support at the $1780 level and resistance at the $1855 level so I am now just waiting for a break above the resistance and then also the daily timeframe looks promising for a next rally towards the upside.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
Ethereum to break the resistance?Ethereum - 24h expiry - We look to Buy a break of 1846 (stop at 1796)
Daily signals are mildly bullish.
A break of the recent high at 1844 should result in a further move higher.
1844 has been pivotal.
Although the bears are in control, the stalling negative momentum indicates a turnaround is possible.
The primary trend remains bullish.
Our profit targets will be 1966 and 1986
Resistance: 1830 / 1845 / 1860
Support: 1790 / 1780 / 1760
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
Ethereum -> Still Stuck At The $2000 LevelHello Traders,
welcome to this free and educational multi-timeframe technical analysis .
On the weekly timeframe you can see that Ethereum just recently once again retested a quite massive weekly structure area at the $2000 level which is now turned resistance again.
However you can also see that overall market structure and moving averages are still quite bullish, in my opinion we also already saw the bottom of the bear market so I am now just waiting for any opportunity to then get long Ethereum for the next bullrun.
On the daily timeframe you can see that Ethereum shifted back to a bearish market by breaking below the $1825 structure level, so I am now just waiting for either a break back above the zone or a retest of the next support at the $1675 level before I then do expect more upside potential.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
Ethereum to find support at previous resistance?Ethereum - 24h expiry - We look to Buy at 1811 (stop at 1761)
Prices have reacted from 1738.
Daily signals are mildly bullish.
Previous resistance at 1800 now becomes support.
We look to buy dips.
Support is located at 1800 and should stem dips to this area.
Our profit targets will be 1931 and 1951
Resistance: 1833 / 1860 / 1880
Support: 1805 / 1785 / 1760
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
Ethereum to find buyers at market levels?Ethereum - 24h expiry - We look to Buy at 1831 (stop at 1781)
Daily signals are mildly bullish.
Intraday dips continue to attract buyers and there is no clear indication that this sequence for trading is coming to an end.
Although the bears are in control, the stalling negative momentum indicates a turnaround is possible.
Buying was posted yesterday but levels close to bespoke resistance of 1880 have found sellers.
We look to buy dips.
Our profit targets will be 1951 and 1971
Resistance: 1860 / 1900 / 1935
Support: 1840 / 1820 / 1800
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.