Buy signal for EthereumAccording to my free indicator "moving average sequential strat", Ethereum is a buy. Two days ago it fired off a buy signal. If we combine that with the positive price flip of the Fetch Trends, and we have a high probability that the price will go up.
Get both indicators for free, by clicking on my profile.
Ethereumlong
ETH Pump to $1250 LONG I was incorrect with my last idea, I am still new to trading and am still learning new things.
We tested the 4 hour Order Block and rejected it well, with a Change of Character. It is very likely we will change to short term bullish before making any lows.
I think on the higher time frame there is a symmetrical pattern in play and before making and lows or highs we will test the upper end of it.
I am personally trading this with risk management, NFA.
ETHUSD Ethereum : Crash or dash? That's on you! 13.6Let's cut out the psychological pressure of seeing red and look at facts.
What's right now dominating the financial markets?
Inflation and panic selling.
What happens once the dust settles?
Think about "investment", what makes it attractive?
Crypto currency and specifically the Ethereum is an excellent hedge against inflation, fundamentally.
With scarce supply which is likely to burn faster than mined, and technology which could be the future of payment solutions - Ethereum shines.
So let's explain the crash technically:
1) Oversold condition which is only comparable to November 2016 and late 2018 - Both times proving to be extremely attractive buys.
2) Connecting trend-lines spanning back 1-4 years show very tight convergence between 890 - 1150.
3) A "Falling wedge" pattern is visible on a weekly time frame, which is bullish.
JP Morgan among other major names in finance name Crypto currency to be a smarter investment than real estate in current climate.
Don't let your emotion control your judgement, don't let fear run you out of investment.
Be smart, be patient, be calculated.
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ETH ANALYSIS#ETH UPDATE.
#ETH is currently trading at the resistance area on daily,since eth could not close above the resistance last day we must wait eth to close above the blue box resistance area.On closing above the resistance the next resistance for eth would be pink box area.
Trading Idea for Ethereum💸In this idea, I'm going to share my own short-term trading plan on Ethereum . So this one is not an analysis it is an action plan with calculations.
As you can see on the chart (1H time-frame), ETH has reached a PRZ (Potential Reversal Zone) around $1310. This is the high of the last bullish wave on our ascending trend (you can see the yellow trend-line to find my bullish trend). I came to this conclusion because of four reasons:
1. RSI bullish trend-line is broken downwards
2. There is a bearish divergence on MACD
3. The price has reached the level 1 Fibonacci Extension
4. The Red (sales) volumes are rising, and the Green (buys) volumes are decreasing
So it is time for a correction now, to find to size of the correction I've used to Fibonacci retracements on the last bullish wave. The "green box" is our strongest support area on the Fibonacci. But also if I want to make my support area stronger I'll pick the area that my green box overlaps with the yellow bullish trendline. This will be the area for me to buy Ethereum if the price hit it, it is somewhere between $1210 - $1220.
Here is the trading trick, this strong support area, is a good place for me to buy. But what will happen if things go wrong?!! Before anything else I'm going to plan to setup my stop-loss . There are two good stop-losses here:
1. Somewhere around $1190, it is our lower low from our previous low
2. When the yellow bullish trend-line is broken
So we have our stop-loss, it's time to calculate our take profit area . With drawing two Fibonacci extensions, from our two last bullish waves to our green box (if the price hit that area as the end of the correction), we'll get two level 1 Fibonacci Extension. First one around $1368 and second one around $1446. My tow take profit points will be below these levels. The good thing about this trading idea is its great R/R ration that you can see on the chart!
I will definitely update this trading idea as the market proceed, so make sure you follow my account and stay tuned.
As always feel free to ask any question you have about my idea and share your own thoughts on the comment section. And if you like this idea make sure you hit the BOOST button.
ETHUSD - It is what it is - Still more downside to comeETHUSD looks bearish.
It is what it is . Probably many people would prefer to see higher prices but BTC broke the key support and ETH is lagging behind. It will have to catch up .
Probably some FUD would be a trigger for a dump.
What could it be? Do you have any clue? Feel free to share your FUD ideas in the comment section !
Ethereum Analysis 03.12.2022Hello Traders,
welcome to this free and educational analysis.
I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities.
If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below.
I will personally reply to every single comment!
If you enjoyed this analysis, I would definitely appreciate it, if you smash that like button and maybe consider following my channel.
Thank you for watching and I will see you tomorrow!
#ETH/USDT 36%+ Potential Pump. RR 1:8 !!I've already shared the reason I am opening this long in my last BTC update.
(The link is at the bottom of this update)
ETH/USDT
Entry:- $1085 TO $1167
(5.39% is the accumulation range from CMP so plan your entry accordingly)
Stop Loss:- $1052.94
Target:- Open (Possibly +30%)
RR 1:8 (Highly Lucrative)
This is not financial advice. Always DYOR.
These are my trades.
Do not cry in the comments if you can't afford the Stop Loss or go for 125x gambling.
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I have been with you in the bullish days and the bearish days.
We are going to have an amazing bull run for sure.
Cheers!
Thank you
#PEACE
3 TradingView indicators for trading EthereumTrading Ethereum can be a completely different experience to trading Bitcoin and other cryptocurrencies. While most cryptocurrency will typically move in unison, each Cryptocurrency does still have its own fundamental factors unique to its particular ecosystem, which means that they can move at different intensities and sometimes these unique aspects means they won't move in unison at all.
This can be very much true for Ethereum and it can frequently diverge from general market sentiment and forge its own price action path. As such, Ethereum traders might like to pay attention to indicators that were designed to fit this asset class. In this article we explore three such indicators and their use with to trading Ethereum.
Performante's Average Ethereum Volume Indicator
The Performante's Average Ethereum Volume Indicator uses volume flow from the biggest cryptocurrency exchanges, to determine the average trading volume of the asset. The benefit of this indicator is that you now can see a more accurate and all-encompassing idea of the volume of the asset being traded, rather than a volume flowing through one exchange/ broker.
Ethereum Long-Short Ratio
This indicator is important for understanding market sentiment as derived from the number of long traders vs the number of short traders.
Effectively, the higher the ratio (the higher the orange bars) means that long traders out number short traders, the we might have more confidence in the bullish prospect of Ethereum. Conversely, a lower the ratio, or the lowering of the ratio, might indicate the declining bullish prospect of Ethereum.
Correlation Coefficient
After you select this indicator, you will be presented with a popup box for you to choose an asset that you can compare with Ethereum. Your selection here could be banking stocks, tech stocks, Bitcoin, another cryptocurrency, or any other asset that aligns with a theory you have about Ethereum moving in relation to the movement in another asset.
The Correlation Coefficient Indicator is range bound between 1 and –1. If the indicator is switching between the bounds of this range or hugging close to 0, it typically means that the relationship between the assets is not very strong or predictable (as 0 indicates no correlation). What you want to watch out for are assets where the indicator remains close to 1 (as this indicates a high positive correlation) or -1 (as this indicates a high inverse correlation). Either way, a positive or inverse relationship can be used to help determine the movement of Ethereum via this other asset.
Trading opportunity for ETHUSDT EthereumBased on technical factors there is a Buy position in :
📊 ETHUSDT Ethereum
🔵 Buy Now 1130.50
🧯 Stop loss 1055.82
🏹 Target 1 1187.30
🏹 Target 2 1257.68
🏹 Target 3 1422.00
💸RISK : 1%
We hope it is profitable for you ❤️
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ETHUSD: Will ETH Have a Bullish Breakout Soon? 😟 Nov. 18This week, we will stick to the 4-hour time frame to analyze the price action in detail!
Just like Bitcoin, ETH has not been able to recover significantly from the lows it hit last week. After the sell-off, it tried retracing back to the resistance at $1,280, however, the price was rejected which indicates that the bears are stronger than the bulls at the moment.
Until ETH is able to reclaim the resistance at $1,280, an upside movement cannot be seen. ETH has tried breaking the resistance multiple times this week but failed.
If the price is able to sustain over $1,280, traders can expect it to rapidly rally to $1,420.
Traders can look to buy ETH only once it is able to cross the resistance, as the price can still break down and hit new lows. If the last standing support at $1,071 is broken, expect the price to plunge to the demand zone at $900.
It is too early to say which side the price could go to, therefore, we will maintain a neutral outlook for this week!
The important price levels for this week are $1,250 and $1,420!
ETH $ Breakout Zone we've got one level to break at 1300$+ in order to see a bulish momentum towards the 1400$+ ,and the 1784$+, onl;y if we held our current asending line , howvere if we got rehected before the 1300$ level, we going to make double support first above the 1100$+, then if we didn't see buying presusre , is means the short will drive the price till the 917$+.
ETH is possibly going for a retest of $1500 and $1400We gave you the targets for ETHEREUM in our last post.
After hitting our first target it seems like ETH is getting weak & RSI needs a retest we might see ETH going back for a pullback towards $1500 or possibly $1400 region.
Ethereum also recently broke our of downtrend and we have a huge gap at $1400 area that needs to be filled before more upside.
If you are looking for longs I would advice you to wait for a decent pullback towards the last breakout zone & then go long.
All the important levels are marked on the chart.
Enjoy Trading.
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