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Ethereumlong

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.
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
Ethereum is in the demand zone: Buy Ethereum Hello guys and Ethereum's fan, In this analysis, we see that Ethereum is continue up. It's very important to know how to manage your risk and take plans. Well, in H4 timeframe we see that Ethereum is finished the Elliot Wave cycle and we have in the new formation of Elliot Wave Analysis ABC to then, to continue found out what Ethereum do. But in that case, we do not any chartist pattern, for now, the most importance for Ethereum it's their trend, is bullish!!! So, for now, we need to take patience until Ethereum leave down to the $320 USD to then, open up a long position, because as Ethereum is so volatil, we need to take patient. But, looking in Daily timeframe, we see a then, that Ethereum it's want to go up until the yellow resistance.
COINBASE:ETHUSDLong
by harisonhbn9718
1
The future of Ethereum: The 2nd crypto and king of Dapps In this analysis for you, I will go for you to bring this analysis to discuss what is Ethereum. Ethereum is the 2nd cryptocurrency after of Bitcoin, Ethereum started on 2015 with Vitalik Buterin, He's the Ethereum's Co-Founder and the mission of Ethereum is to become one of the best crypto-solution for our life and leadership of Blockchain. Ethereum is an interesting proyect like Bitcoin to take in our radar, because as Ethereum is go to grow up throught the time, it's a good idea to invest in Ethereum and I like this proyect about their creation of other tokens, blockchain and the one of the blockchain solution to created a decentralized application calles Dapps. Also, in the past year, I havened a proyect to created with Ethereum called Cryptocraft World Revolution, that proyect is based for digital economy to make an easiy user interface with the plattform as created cities decentralized, an economy impery based as our world but using a kind of Blockchain that I wanna to created it. I admire a lot of Ethereum, also I compared this proyect as Cardano, because my own exit strategy for me is accumulate more and more Cardano, but any of Ethereum is another radar to take noticed on this crypto when is explode to reach level never see. That maket cycle is so repeat when Bitcoin was in the $320 USD on 2016. Well guys, that is my analysis on how I see a Ethereum for longest term!!! If you like it to reach the $17,000 USD as target for Ethereum. You can to get a like of this idea!!! Also, I share you in weekly the Elliot Waves Analysis. Look below: Also guys, on the next week, I will going to re-started to making a investment for long-term on cryptocurrencies. And I will started for the news as the community to bring about all of Bitcoin to explain what is Bitcoin, and all about of this money decentralized. And then, analyzed my altcoins that I want to know and making a study's autodidactic.
COINBASE:ETHUSDEducation
by harisonhbn9718
1
Ethereum can hit $800 soon if this resistance will be brokenHi friends, hope you are well and welcome to the new update on Ethereum coin. The second largest cryptocurrency has surged 46% since I posted my last article. First of all for the people who are not following my articles on Ethereum coin I would like to give some recap. In March 2020 I posted an article where I revealed that the price action of Ethereum has completed the formation of a bullish Gartley pattern on the monthly chart. The price action of Ethereum was entered in the potential reversal zone of this big bullish Gartley pattern and as per Fibonacci sequence of this pattern, I predicted that the priceline will start a rally to the upside from here at least up to 0.382 to 0.786 Fibonacci projection of A to D leg. Finally the price action started the movement to the upside as predicted and so far it has produced more than 270% powerful bullish rally. The priceline can move upto $800 soon: Now I would like to take you to the 4 day chart to show you the different support and resistance levels. On the chart we can see that recently the price action has broken out the $400 resistance level and went very close to the $500 resistance. Once the $500 resistance level will be broken out then there is no significant resistance between the $500 and $800. Therefore we will witness a very powerful and rapid bullish move up to $800 once the $500 resistance will be broken out. If we take more closer look at the chart then we can also observe that after breaking out the $400 resistance level the price action has already re-tested the previous resistance as support. And after retesting the priceline has retained the support above $400. If price action of the second largest cryptocurrency will be not able to breakout $500 resistance then it can form a parallel channel between 400 to 500 dollar levels. The moving averages are moving up with price action: After placing the simple moving averages with the time period of 25, 50, 100 and 200 a very positive gesture by these moving averages can be observed. As the price action of Ethereum has surged more than 270% but these simple moving averages also moving up with the price action. And after a certain time period the priceline is using these moving averages as support before starting the next rally to the upside. Formation of new channel: From the month of June 2020 the price action of Ethereum coin has started the formation of an up channel. We have several touches at the support and also at the resistance of this channel. Now this support of the channel can be used as a stop loss to find any appropriate exit point. If we take a look at the volume indicator below the channel. Then it can be easily observed that we have more buying volume than sell volume. Therefore we can take it as a signal for the continuation of the up channel. The Ichimoku cloud has turned strong bullish: Now I would like to take you to the long term weekly chart. And over here if we place the Ichimoku cloud then it has turned is very strong bullish, the lagging span of the cloud has crossed up the price action and the cloud as well. The price action has already broken out the bearish cloud and we have already received the bull cross between the conversion and the baseline and the cloud has turned bullish after March 2020. Therefore now this Ichimoku cloud has become a very strong support for the priceline of Ethereum coin on the long term. Conclusion: After breaking out the Ichimoku cloud on the long term chart the price action of second largest cryptocurrency has confirmed the long-term bull run. But as on the short-term priceline is moving in an app channel, therefore in case the support of this channel will be broken down then a short time rally to the downside can be started. However, If such short term rallies will be triggered then these rallies would be seen as a correction on the long term charts.
COINBASE:ETHUSDLong
by moon333
3