Ethereumlong
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.
If you like me to post more. Share this idea with your friends and communities and please hit the like button.
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.
(press like 👍 if you enjoy + comment your opinion about the market or your thoughts, below this analysis)
My Other ETH Idea/FractalThe other idea & fractal that fits pretty well is this one. In the immediate short term, it would have us retrace into the 1558 demand zone and make a higher low before continuing higher. We would end up in the last fair value gap on the upside that needs to be filled, which also coincides with the macro GP from ATH. You can also take the measured move and it lands right in the same place.
ETH will blow off the crypto spaceIn our last price analysis a lot of traders were on the opposite side, but again we proved how accurate is our strategy.
Now in the crypto space there are rumor's for some downtrend movements, but this won't happens at all and a lot of crypto investors will miss this huge opportunity in Ethereum.
For us ETH is the most valuable asset in the crypto space and we are investing tons of money in this idea.
We are expecting to reach $4800 in first upward wave and $7000 in the second
ETHEREUM ETH price potential for growth near 40%The ETHUSDT price is behaving quite technically.
During the last month of trading, Ethereum buyers did not allow the price to fall below $1250 while retesting the strong liquidity zone from above.
This is a good signal of serious intentions and strength of buyers, and accordingly, a signal of possible future growth.
Today, ETHUSD broke through the first local trend line and is trying to consolidate above it.
A set of ETHUSDT longs from $1400-1450 is now justified and looks safer.
The potential for growth is in the area of $2000-2100. In our opinion, it will be difficult for Ether price to break above $2000-2100 the first time.
After all, $2000-2100 is a strong liquidity zone, which in 2021 has repeatedly acted as support, and in 2022 - as resistance from above. There is also a trend line in this range, which is the main resistance of sellers and indicates a downtrend for a year since November 2021.
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Buying Ethereum on dips.Ethereum - Expiry tomorrow 8am uk time - We look to Buy at 1266 (stop at 1239)
Support is located at 1260 and should stem dips to this area.
We look to buy dips.
We look for a temporary move lower.
Our profit targets will be 1336 and 1366
Resistance: 1340 / 1380 / 1400
Support: 1280 / 1260 / 1220
Disclaimer – Saxo Bank Group.
Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis , as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
ETHUSD - Strong BottomETHUSD is currently within a down channel
Price I expect is yet to be rejected again, and move further down to hit the strong bottom at the middle or top of a horizontal channel I have placed
I have attached a price label to points where I expect a potential reversal for ETH
Hourly Chart