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Ethereumsignals

ETHEREUM Major Bullish Cross ahead, first time since Aug 2020!Ethereum (ETHUSD) is only 2-3 weeks away from completing a Bullish Cross on the 1W time-frame between the 1W MA50 (blue trend-line) and the 1W MA100 (green trend-line). Last time we saw this formation emerge was on the week of August 17 2020. With ETH trading inside a Cup pattern similar to the consolidation of mid 2019 - mid 2020, we are either on a level similar to July 13 2020 (based on the 1W MA50/ MA100 Bullish Cross) or a level (post a 1W MACD Bullish Cross and near a (red circle) RSI Channel Up top), like January 27 2020. Regardless of that, the current Cycle shows some more aggressive bias than the previous at this stage of the trend as the price is on the 0.5 Fibonacci level, while on those past occasions it was on the 0.382. Either case, the immediate target is the 0.618 Fib at 2500. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:ETHUSD
by TradingShot
6
ETHEREUM Golden Cross ahead. Prepare for $2450.Almost a month ago (see chart below) we gave the most optimal buy entry on Ethereum (ETHUSD), while it was at the bottom of its Channel Down, even below the 1D MA50 (blue trend-line), targeting the 1D MA200 (orange trend-line): The target got hit and the rally has been so strong that it even broke above the medium-term Channel Down and resumed the long-term Channel Up that it has been trading within in the last 12 months. Technically, it is about to form a 1D Golden Cross, with the last registered formation being on February 08. The price had entered a Megaphone consolidation with the 1D MA50 as the first Support and the 1D MA200 as the second and in less than 2 months gave a rebound/ continuation of the rally to the Higher High of the Channel Up on the 1.5 Fibonacci extension. Even the 1D RSI patterns between the two sequences are similar. As a result, the best strategy here is to buy any similar pull-back ETH may give and target $2450 (1.5 Fib) within January 2024. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:ETHUSDLong
by TradingShot
9
ETHEREUM Targeting the 1D MA200Ethereum (ETHUSD) is trading within a 6-month Channel Down pattern with the price breaking above the 1D MA50 (blue trend-line) yesterday. The short-term pattern is a Megaphone within the Channel Down whose Lower Lows come in direct contrast with the Higher Lows of the 1D RSI. Thus we have a significant RSI Bullish Divergence which is holding since the August 17 Low. The Higher High projection of the Megaphone coincides perfectly with a potential 1D MA200 (orange trend-line) test. The target is 1755. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:ETHUSDLong
by TradingShot
1
ETHUSD The ultimate double MA test.Ethereum (ETHUSD) hit last week both the 1W MA50 (blue trend-line) and the 1W MA200 (orange trend-line), for the first time since the week of March 13 and March 06 respectively. It did manage to close the 1W candle above both and as long as it does, it will be a bullish signal, targeting 2030 (Resistance 1). If it closes a 1W candle below them (primarily the 1W MA50), we will look to add the next buy only on the bottom dashed Higher Lows trend-line. Notice that the 1W RSI being near the 40.00 Symmetrical Support, always favors buying and since January 2022, every time it (marginally) broke below it, it recovered giving at least a 2-week rebound. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
INDEX:ETHUSDLong
by TradingShot
6
ETHEREUM getting ready for a +20% jumpEthereum (ETHUSD) continues to trade within the Channel Up that started on the November 2022 market bottom and is currently supported by the 1D MA50 (blue trend-line). This draws comparisons with the final consolidation after the March 10 Higher Low at the bottom of the Channel Up. Both in price and 1D RSI terms the two fractals form an Inverse Head and Shoulders which is a bullish reversal pattern found on market bottoms. The previous fractal topped on the 2.0 Fibonacci extension level, completing a +56% rise. The 2.0 Fib on the current formation is at 2250, while a +56% rise potentially peaks 2550. We will pursue initially the $2250 target (will be a +20% increase from the current level) as it is near the 1W MA100 (red trend-line), which is a critical long-term Resistance as it has been unbroken since May 15 2022. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
INDEX:ETHUSDLong
by TradingShot
1
ETHEREUM has enormous upside potential based on this fractal.Ethereum (ETHUSD) is supported by the Higher Lows trend-line that started on the March 2020 COVID bottom and recently the 4D MA50 (blue trend-line) is holding as its new Support. Having grown by +5400% since COVID on a straight aggressive parabolic rally and entering the 2022 Bear Cycle in a Megaphone pattern, it has naturally drawn comparisons with the 2016/2017 sequence. This fractal also rose by +5200% since its bottom on a parabolic Channel and entered its 2016 Bear Cycle in a Megaphone. The support on its Higher Lows trend-line as well as the 2D MA50, initiated the 2017 parabolic rally. In addition, on both sequences, ETH priced the bottom after the RSI broke deep below the 30.00 oversold barrier. The above data indicate that as long as ETH keeps clear of its Support level, we are potentially witnessing the start of a new parabolic rally. A $10000 price target may only be a year away. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:ETHUSDLong
by TradingShot
2
ETHEREUM The rally that has in store will be historicEthereum (ETHUSD) is on the 3rd straight week after the break-out from the Bear Cycle's Lower Highs trend-line. When that took place during the previous Cycle, the break-out rally reached the 0.5 Fibonacci retracement level. This time the 0.5 Fib is only $150 higher from the current price levels. This may be an indication that the rally that has just started may be of historic proportions. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
INDEX:ETHUSDLong
by TradingShot
1
ETHUSD Inverse Head and Shoulders to $2000Ethereum (ETHUSD) is about to complete an Inverse Head and Shoulders (IH&S) pattern with the Support of the 1D MA50 (blue trend-line). With a 1D Golden Cross already formed since February 08 and the formerly Bear Cycle Resistance of the 1D MA200 (orange trend-line) now turned into Support, this IH&S targets the 2.0 Fibonacci extension, a little over $2000. That is exactly where the 2030 Resistance 2 is of the August 13 High. Notice how on 1D RSI terms, the pattern is similar to the mid August - September, which started a strong rebound. On top of that, since the August High, ETH appears to be trading on a perfectly symmetrical Cup pattern. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
BINANCE:ETHUSDLong
by TradingShot
7
ETHEREUM This is how it reaches $10000Ethereum (ETHUSD) is also testing its 1W MA50 (blue trend-line), after being supported by the 1W MA200 (orange trend-line) since the start of the year. The 1W RSI sequences of the Bear Cycle that just ended and the previous one in 2018 are identical. By applying the Fibonacci Channel we can clearly see the pressure points as Resistance and Support levels during both the downtrends and uptrends. The top of the recent Cycle was on the 0.618 Fibonacci retracement level, two Fibs lower than the January 2018. The next one could be on the 0.382 Fib (two Fibs Lows than November 2021). If we apply the 2018 - 2021 price action on the current Cycle, we see that it is a near perfect match and it very well respects the boundaries of the Fibonacci Channel. However it tops on the 0.236 Fibonacci and that gives a projection marginally above $10000. Do you think that will be this Cycle's Top? ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
INDEX:ETHUSDLong
by TradingShot
8
ETHEREUM Why does nobody talk about its Golden Cross??Ethereum (ETHUSD) is indeed in the process of forming a Golden Cross on the 1D time-frame and it has been overlooked. It sure shouldn't as apart from that, the price has broken above its short-term Triangle pattern just as it broke above its longer-term one on January 11, while its RSI broke above its Lower Highs trend-line, validating it as a Bull Flag. The natural target is the 1790 Resistance 1 (Sep 10 High) but if it is not achieved before the Golden Cross, there is high chance of a pull-back to the 1D MA50 (blue trend-line) first before the test. On the medium-term, the 2030 mark (August 13 High) seems doable within a 1.5 month horizon. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
BINANCE:ETHUSDLong
by TradingShot
11
ETHEREUM Cup and Handle leading it to 1795?Ethereum (ETHUSD) filled the FTX crash gap on the November 04 High (1680) and is now showing the first signs of pulling back. This is can be the Handle of the Cup and Handle (C&H) pattern that could be completed on its 1D MA200 (orange trend-line) and 1D MA50 (blue trend-line) periods and once they form a Golden Cross, push it to the next Higher High. Our target is the 1W MA50 (red trend-line) and the 1795 Resistance (September 11 High). ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
BINANCE:ETHUSD
by TradingShot
3
ETHEREUM Triangle aiming at the critical 1D MA200 testEthereum (ETHUSD) has been trading within a Triangle pattern since the June 18 2022 market bottom. It is above the 1D MA50 (blue trend-line), where it had the last rejection on December 14 and it targeting for the 1D MA200 (orange trend-line), which happens to be now exactly at the top (Lower Highs trend-line) of the Triangle and is where it had its last major rejection during the FTX crash on November 04 2022. A 1D candle closing above the 1D MA200 reverses the currently neutral medium-term trend to bullish and targets the 0.618 Fibonacci retracement level (which happens to be on the November 04 Resistance) and if also broken then the 0.786 Fib (which happens to be on the September 11 High/ Resistance). Basically see how all Fibonacci levels have formed critical pressure points within that pattern. On the other hand, a closing below the 1D MA50 could target the bottom of the Triangle again but only a break below the last Higher Low (1075.50) can turn the trend bearish (medium-term) towards the 885.00 market bottom. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support me, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- You may also TELL ME 🙋‍♀️🙋‍♂️ in the comments section which symbol you want me to analyze next and on which time-frame. The one with the most posts will be published tomorrow! 👏🎁 ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
BINANCE:ETHUSD
by TradingShot
3
ETHEREUM, Massive Formation With Huge Breakout Potential!Hello Community, With the end of the year 2022 many interesting setups within the cryptocurrency market are present and as I spotted the most important ones Ethereum is one of the setups which I want to present here. Already within the past years, the cryptocurrency has developed several times with a period of increased volatility during the holidays and continuously into the first month of the first quarter of the new year. Therefore, empirically speaking there is an increased high possibility given that the cryptocurrency market shows up with similar volatility developments for the end of 2022 and the beginning of 2023. As I analyzed Ethereum I realized that this theory is likely to convert into reality when the technical confirmations show up for Ethereum. When looking at my chart now we can watch there how Ethereum is building this huge descending triangle formation, such a formation is known to convert into a huge breakout and a phase of intense volatility once the formation has been completed. Within this triangle Ethereum is building the coherent wave-count reaching from A to E and in this case, now Ethereum already completed the waves of A to C which is already a positive sign and a step in the direction of the completion of this major triangle formation. Once Ethereum also completed the waves D and E this will be part of final completion and once Ethereum bounced above the upper boundary of the triangle this will activate the target-zones in my chart, from there on further examinations are a worthwhile solution to be made. In this manner, thank you everybody for watching, Let's move forward together. The information provided is only educational and should not be used to take action in the markets.
by VincePrince
5
ETHEREUM has a mountain to climb within this Triangle patternEthereum (ETHUSD) has been trading within a Triangle pattern since the June 18 Low (and current market bottom). The Lower Highs and Higher Lows are evident but despite the sideways price action of the past 1 month, ETH has to overcome two major price rejections, one on November 04 on the 1D MA200 (orange trend-line) and the other last week on December 14 on the 1D MA50 (blue trend-line). A break and closing above the 1D MA200 and in turn the top of the Triangle, turns the price bullish towards 1675 (Resistance 1), while a break below 1075 (Support 1) and in turn the bottom of the Triangle, turns the price bearish towards 885 (Support 2). The RSI on the 1W time-frame can help spot medium-term buy and sell opportunities as it is trading within a Rectangle pattern where its top tests have been Triangle Highs and bottoms Triangle Lows. ------------------------------------------------------------------------------- ** Please LIKE 👍, SUBSCRIBE ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support me, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- You may also TELL ME 🙋‍♀️🙋‍♂️ in the comments section which symbol you want me to analyze next and on which time-frame. The one with the most posts will be published tomorrow! 👏🎁 ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
BINANCE:ETHUSD
by TradingShot
2
ETHUSDT This is the only pattern that matters right now*** *** For this particular analysis on the Ethereum we are using the ETHUSDT symbol on the OKX exchange . *** *** The idea is on the 1D time-frame where ETH is shown trading within its long-term Channel Down since the November 10 2021 All Time High (ATH), practically the pattern that has been dictating the whole Bear Cycle. The importance of the Channel's Fibonacci zones is more than evident. The inner pattern that stands out since the August 14 High though is the blue Channel Down, which is less aggressive and while it got rejected heavily at the top (Fib 1.0) of the long-term Channel Down on November 04, it continues to trade on the other hand above the 905.00 Support (June 18 Low). This is basically the first time that Ethereum has been trading for so long within practically two zones (0.618 - 1.000). This is a sign of the market respecting a high demand zone and an indication of a long-term bottom. The 1D MACD trading inside a Triangle shows that there is room for one last Low (Higher Low) but with the price being that close to the top of the long-term Channel Down, there are higher probabilities of breaking out. Technically, a break above the 1D MA200 (orange trend-line) would be a break (candle close) above the Channel Down as well and the price would target the 2035 Resistance 1 (August 14 High). On the other hand, a 1D candle closing below the 905 Support, would be a sell signal, targeting the 0.618 Fibonacci level, which has been supporting sing August 07. ------------------------------------------------------------------------------- ** Please LIKE 👍, SUBSCRIBE ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support me, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- You may also TELL ME 🙋‍♀️🙋‍♂️ in the comments section which symbol you want me to analyze next and on which time-frame. The one with the most posts will be published tomorrow! 👏🎁 ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
by TradingShot
4
ETHEREUM Crucial bullish test as in 2017. Will the Dollar help?Ethereum (ETHUSD) is once again testing the 1D MA200 (orange trend-line). Being still on a downtrend but since mid-June on Higher Lows, this undoubtedly draws comparisons with the 2016 Bear Cycle. As you see ETH made Higher Lows in December 2016 and that was the bottom of that Bear Cycle as an early January 2017 1D MA200 Double Test resulted in a break-out and a parabolic rally that ushered the new Bull Cycle. It is interesting that both Bear Cycles resembled a Head and Shoulders pattern (H&S) before breaking to the Higher Lows bottom. This analysis has one extra but key element, the U.S. Dollar Index (DXY). During both Bear Cycles of Ethereum, the DXY (green trend-line) has been rising aggressively. What really helped ETH break above its 1D MA200 in January 2017 was the strong bearish reversal on the DXY, as they are negatively correlated. The DXY has been pulling back on Lower Highs and Lower Lows (Channel Down) since late September. Can this pull-back be sustainable and evolve into a strong correction? If yes, we can expect Ethereum to break above the 1D MA200 and officially start its new Bull Cycle. ------------------------------------------------------------------------------- ** Please LIKE 👍, SUBSCRIBE ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support me, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- You may also TELL ME 🙋‍♀️🙋‍♂️ in the comments section which symbol you want me to analyze next and on which time-frame. The one with the most posts will be published tomorrow! 👏🎁 ------------------------------------------------------------------------------- 👇 👇 👇 👇 👇 👇 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
BINANCE:ETHUSD
by TradingShot
10