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Ethereumlong

ETHUSD - 4 Hour My Thoughts - Neutral/BullishHello friends Good Noon, My thoughts for Ethereum today. NEUTRAL: It looks like we are sitting in the neutral zone, between 350 and 363. Meaning it can go either way. We are sitting in the No Trade Zone, until we are either above or below the yellow area. BULLISH: The reason why lean Bullish, over bearish, is because we are riding above the 20 MA and the Ichimoku Baseline. BEARISH: Sitting below the trend line located at the bottom of the ascending Channel. Thank you for visiting, if you agree and/or like my charts, please give me a Like and Follow. I am not an investment adviser, do yourself a favor and do your own research before entering any investment.
COINBASE:ETHUSD
by Vascoins
1
Ethereum is breaking out the midterm resistanceHey friends hope you are well and welcome the new update on Ethereum (ETH) coin. The priceline is being consolidated at $350 support level. The next supports are at $325, $280 and the next resistance levels are at $400 and then $800. On long term there is no significant resistance between $400 and $800. Therefore incase of breaking out $400 resistance the priceline can move at $800 very soon. On daily chart priceline has broken down 25 and 50 simple moving averages and now retesting the 100 SMA support 1st time after May 2020, and likely to have nice bounce from here. On daily chart from 13 Aug the price action of Ethereum is moving in a down channel. At the moment the candlesticks are trying to breakout the resistance of the channel in the meanwhile the priceline of second largest cryptocurrency is also breaking out the exponential moving averages with the time period of 10 and 21. After September 2020 the price action has found a very strong resistance on small time period 4 hour chart. The Ethereum’s price action has been rejected several times by this rejection line. Now finally the priceline is breaking out this strong resistance line. After this break out the price action can easily breakout the resistance of the down channel on daily chart. The priceline of ETH is still moving above the ichimoku cloud and the ichimoku cloud is still bullish. Conclusion: On 4-hour chart the priceline is breaking out the midterm resistance line. If this resistance will be broken out then we can expect the breakout from the down channel on the daily chart as well. However as stop loss we can use the support of the channel to minimize the risk factor.
COINBASE:ETHUSDLong
by moon333
1
Ethereum Edging LowerEthereum (ETH) experienced strong growth this summer, mostly due to its network hosting dozens of DeFi tokens which grew tremendously. ETH then experienced a particularly sharp 30% correction, along with the entire market, about one month ago. The coin is now hovering around the $315-$340 support. Lower Volatility Following the crash, Ethereum experienced a period of reduced volatility, which we can observe through the Average True Range. The Average True Range (ATR) is a volatility indicator that determines the typical value range of an asset for a particular candle. For example, if we are using the 4-hour chart on Ethereum, and we have an ATR with a value of 4, then the expected range for that particular candle is $4. The Cryptohopper ATR is a variant of the ATR indicator that adds a 28 period moving average. If the ATR is above the moving average, then the market is considered to be volatile. If the ATR is below the moving average, then the market is not volatile. Ever since the market crash, the Cryptohopper ATR has mostly indicated low volatility. Therefore when trading in the current market, it is better to keep your profit target tight and make small but consistent gains. What Happens Next? Ethereum is currently at support and may bounce back. However, for a bounce to occur, there needs to be substantial volatility along with the upward momentum. Therefore it is essential to keep an eye on the ATR when taking a position. The first resistance level stands around $390. The next resistance stands at $485, which is this year’s high. If the market takes a turn for the worse and breaks the current support, we could see Ethereum head to $250. This was the resistance level broken by the DeFi bull run earlier this year.
Long
by cryptohopper
We are Buying the ETH Dip.Ethereum - Intraday - We look to Buy at 335.8 We have seen this rejection of rallies again overnight with 355 becoming a formidable barrier. The price is in a rising wedge pattern. However, with the intraday chart now highlighting lower highs we are possibly forming a descending triangle pattern. We look for a temporary move higher. We look to buy dips. Support is located at 335 and should stem dips to this area. Resistance: 340.0 / 346.0 / 350.0 Support: 337.0 / 334.0 / 330.0 Signal Centre
BITSTAMP:ETHUSDLong
by Signal_Centre1
2
ETH.USDT (Y20.P4.E4).Looking to go longHi All, *** This is a continuation of my previous ETH post, link provided below *** This is not good news for those who are holding ETH for the coming month, as I said in the previous ETH post, ETH looks more bearish than a correction. Having revisited the chart structure again, to work out where to enter long, it seems that the inverted BARR approach is confirmed by the current top and hence why this strategy is most applicable. I will place charts and if you observe them, they will explain themselves. Close up view, from my perspective 1st we have dropped below a important support level and now its acting as resistance, the red slope trend line. With this chart below, I have potential 2 targets to chose from to be a reversal area. 1st level is roughly $284.70, based on the Inverted Barr approach. This has confluence with the 0.5 fib level as well as a strong support area, denoted by the boxes. In addition, the above chart shows other support trend lines. Note the blue boxes as points of resistance. This is scenario 1 which I'm currently leaning towards and 1 would expect a strong bounce here. It will be interesting to see what BTC is doing at the time it reaches here to give extra weight on the decsion. Scenario 2, has confluence with the 0.618 fib level and my second potential target @ $249.50 ($250) If you look at my previous post, I have also made commentary from other perspectives and hence with the ABC correction had 2 possible targets, $287 and $390. The 2nd target, was with the 200 MA on the daily, for a deeper pullback. I now look at $390 less likely than $250 But for now, I will be looking at $313 September support. Please give me a like or tick for this post. Regards, S.SAri Inverted BARR structure confirmed, based on the current top: ==================================================================================== ==================================================================================== PREVIOUS POST ====================================================================================
Long
by ssari
4
Idea for Ethereum: Shoulder Head ShoulderIn this idea and analysis, we see that Ethereum is currently drop the price in the past days and we see that Ethereum is forming a Shoulder Head Shoulder inverted and that turn an Ethereum so bullish for the next days. The chart is so interesting to see what Ethereum do. Just, we need to be patient to Ethereum going to make a little sell in H1 timeframe and activated our buy order limit at $334 USD. Good luckon this analysis for the day!!!
COINBASE:ETHUSDLong
by harisonhbn9718
3
Ethereum - 4 Hour - Neural / BullishHello all, I'm leaning a little more bullish but not much. Okay why? Well we are still in the bullish channel, until we break down, I cant lean Bearish yet. Bullish 60% Bearish 40% I give the bears 40% - IMO there's 3 obvious possibilities listed below. 1) We are setting below the 21 MA 2) Being squeezed at the bottom of the pendant 3) Coming off a bearish dump Also the S&P 500 May open tomorrow bearish if so, dipping BTC and in turn ETH. What do you think, Crazy? I am not an investment adviser.
COINBASE:ETHUSD
by Vascoins
6
LAST levels of resistance before getting back above 400The current situation: 1. Market structure: on the 15M chart, price action has formed a bullish pennant with a measured breakout target of about 385. The moving averages that are acting as resistance between the price action now and 400 are the 4, 6HR 200 moving average and the daily 21 and 50 moving average. 2. Volume: we are seeing consistent buyer volume trending up with the upward price action that is more apparent on the 12HR chart, this is a good sign that more buyers are coming in to push the price upwards. 3. RSI: we do have a pretty high RSI reading to beat on the weekly chart, so if making a higher high on the price chart and NOT on the RSI will create bearish divergence. This is something to be careful of it it happens as a sharp pullback may occur just like with BTC in the previous dump this month. * These are purely my speculations and not financial advice. You should always do your own due diligence before trading or investing.
COINBASE:ETHUSDLong
by CryptoRush_
ETH/USD: Long Term Bullish Setup for EthereumIf you like this analysis, please make sure to like the post! I would also appreciate it if you could leave a comment below with some original insight. Analysis - In my previous Bitcoin analysis, I've mentioned the importance of securing the 10.5k support - As we play by levels, today's break and close above the regional resistance provides a bullish signal for altcoins as well - In the case of Ethereum, we can see that prices are currently testing the long term support - Below current support levels marked by green, Ethereum has been consolidating for almost two years, leading up to the recent breakout - However, as Bitcoin corrected severely from 12k levels to 9k levels, Ethereum has formed a pullback as well, retesting support - The Relative Strength Index (RSI) continues to create higher lows as a sign of strength in the bullish trend - While the Moving Average Convergence Divergence (MACD) is about to form a death cross, confirmation is required, as the moving average could bounce. - Within the smaller Fibonacci retracment, prices are currently trading between the 0.236 resistance and 0.382 support - After a breakout of $400 levels, we could play by levels once again on the long term, based on the Fibonacci retracment price targets. Conclusion While Ethereum is at a nebulous zone between support and resistance, Bitcoin's breakout today has confirmed a bullish case for the cryptocurrency market, providing more confidence in a long term position for Ethereum. While risk still exists, the upside potential for Ethereum on the long term remains extremely huge.
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COINBASE:ETHUSDLong
by Michael_Wang_Official
10
Ethereum long, 2.0 on roadSalut à tous, voici le graphique en chandelier japonais, unité de temps hebdomadaire, de la paire ETH/USD selon binance. Après s’être affranchis d'un range d'approximativement 2 ans, le prix est venu méché sur le haut de ce dernier la semaine précédente. Pullback et par la même occasion appuis sur la kijun monthly, qui actuellement fait support accompagné de la tenkan de la meme UT. Toutes les composantes de l'ichimoku unies pour soutenir la hausse et la venue d'ETH2.0. La bougie de la dernière semaine étant encore en cours, il serais bon signe de cloture au delà de la tenkan weekly. A suivre... Merci à vous qui avez pris le temps de me lire, n’hésitez pas à me dire ce que vous pensez de mon raisonnement. Bon dimanche à tous
BINANCE:ETHUSD
by JrNdi
4