Eth/usdt Elliot waveI'm not sure about this counting wave and if anybody know counting better than this cm for me .
Ethereumusd
Ethereum - Took the supportEthereum took the daily support line.
Expecting 5% Target in upcoming days.
Ethereum Name Service (ENS) - Bull DivergenceA great altcoin to opt into for the bull reversal that has the potential of happening
A lot of people have registered ENS names, including myself
This could go up a lot
ETHUSD Daily IdeaHopefully there will be a bullish break (indicated in white) above this resistance line (shown in red) and this leads to a new support foundation for future price
ETH looks very good on the daily and on the weekly timeframes
Ethereum under triangle's supportEthereum also recovered some losses since late January, but, unlike Bitcoin, the last leg up just touched 3k, around 8% lower than the first, giving us an indication that the coin is weak.
Looking at the chart we can see that a symmetrical triangle has formed and now the price is under rising trend line support.
Triangles are continuation patterns and the target for Ethereum is 1700 which is in line with a very important horizontal support.
EthUsd back above 2800 would put a pause in this scenario.
ETHEREUM: MOST LIKELY SCENARIO.Welcome folks to my new update on ETH. To analyze Ethereum, I am gonna use a higher time frame (8hours).
If you are viewing my post for the first time then do hit the like button and graciously follow as well. I share updates on the crypto market including margin trading, futures, spot, and scalping. All ideas are my biased opinion and I invest in my own risk. I don't force anyone to buy or sell, I simply share my ideas absolutely for free and it is your sole decision whether to trade on it or use it to understand the market.
Anyways, let's get back to the chart.
The current scenario of the entire market is bearish for the short term. You can clearly see in the chart that ETH failed to even touch the upper trendline (resistance) and for the last 48 hours +, ETH was falling from the edge. I am expecting ETH to drop towards the lower trendline which is at $2.4k or close to it and then bounce back heavily. I would love to enter on ETH between $2.4k to $2.5k only if we see a bounce coming in.
Note: A drop below the $2.4k support level will be a disaster for ETH cause if it breaks then we may possibly see ETH at $2k.
What do you guys think about ETH? Do you think ETH will bounce back soon or it will keep on rejecting?
Let me know your ideas in the comment box. I will be more than happy to know your opinion.
Trade safely, guys. I will see you in my next update.
Thank you.
ETHEREUM LONGS 3000📉📉📉📉 Expecting bullish price action on ETHEREUM as price is filling a H4 bullish imbalance and rejecting from a POC X2 Volume Profile area + Bullish orderblock on H4, we have a bullish market strucutre on the H4 as price keeps making higher highs and higher lows with bullish BOS (break of strucutres)
My target is above 3000 institutional figure..
What do you think ?
ETHUSD Alternate Bear ViewPerhaps I have been looking at ETHUSD wrong so far, and have been dismissing the bear calls. We may have already seen the top. As suggested by this chart.
Similarities on the MACD can be correlated to points in ETHUSD's history
The last time we saw a sharp dive on the MACD like this was at the end of the last bull run
Bears will control the market if the MACD fails to make a successful bull cross on this weekly timeframe
A bull view
ETHUSD Are they similar? Comparison to a prior price point for ETHUSD
Last time was a rocket to the moon
Curious to see what is awaiting us this time
Comment below what you think about my suggested similarities
ETH Hello every one this is a idea for ETH chart I Explained two scenario in this chart. but in my opinion scenario 1 more likely.
good luck.........
ETHUSD Critical AreaETHUSD Is at a critical price point, this has been seen as a line of support using this indicator in the past
If it repeats and bounces off bullishly, we will be seeing some big moves coming up
The MACD shows similar inverse H&S structures, in the rectangles are the seen and expected move for the MACD's future.
ETHUSD Backwards Falling WedgeEthereum can be seen to be forming a large wedge structure, in which looked at in a reverse fashion a sharp breakout can be seen upon the ending of the 'falling wedge'
This breakout was a 134% increase from its bottom
This bottom is a crucial point in the evolution in price, providing the first bottom for the double bottom structure
I say price must be higher for this backwards falling wedge to exist because a falling wedge like this would only occur if price was in a descending fashion (when looked at backwards)
There is still room for ETHUSD to go way higher
Check out my God Candle idea above
Ethereum God Candle March An idea for ETHUSD , with the previous extension to 4K and then retrace, this creates a massive zone for price to rise
The current March candle is positioned perfectly above the support level (dotted line)
I have reason to believe we will see a big run, for both Bitcoin and Ethereum . This isn't the end of the run.
Ethereum Breakout Coming Soon!!?Ethereum is on the verge of a potential breakout of this triangle, we have wicked up and above for the first time but have since came back down to just below the top. The very good news is that we are looking like we may see a daily close above the 0.6 FIB level and yesterday we had a daily close above the daily pivot point (teal) both of these are very bullish signs, now keep in mind it doesn't necessarily confirm a bullish move but we are heading in the right direction! Not even too mention the bullish breakout of the descending channel, we briefly broke out a couple times before and have fallen back in but this time could be the real deal, we will have to wait and see. Looking at our RSI we are seeing yet another very good sign, we have taken back the midline, by being and remaining above this midline it confirms an uptrend if we can hold it, falling back below will keep us in a confirmed downtrend, ideally we do want to see more upside for price action and the RSI so we can get that yellow SMA above the midline aswell for additional support! Now the Stoch RSI has rebounded very fast and is coming up shortly on the overbought zone, now this could be a sign for a little cooloff once we do reach this level but the most important thing is for the RSI to remain above that midline! Not financial advice just my opinion!
ETHEREUM BREAKING THE RESISTANCE ENTERING THE $3K LEVEL.Welcome folks to the new update on ETH in 4 hours TF.
The month of March has begun and it's a good kick-off for the entire market. This is also the last month of the 1st quarter and so far things look good. Ethereum is almost 19% up from the last bounce at $2558 and the current price is breaking the upper trendline which is also a resistance level. We cannot completely claim this to be a breakout until and unless the candle closes. A breakout will be a positive move for ETh and it could possibly rally up to $3.2k to $3.6k. A break down on the other hand will drop the price back to $2.8k to $2.5k.
The entire is green right now so we need to slow down a bit and be careful. The F&D index is neutral and now the indicator can fall in any direction. The RSI on the other hand is at the overbought zone.
I believe that the market needs to calm down a bit and then make a higher rally gradually. What do you guys think?
Do like, share, and comment for more updates.
Thank you.
ETH Dominance Pivot Point0.618 can be seen as a pivot point, prior rejection at this level, even though a bounce was seen at the 50MA
Now price is at the 50MA and above this pivot point level, the dominance is likely going to bounce again (as seen previously) off the 50MA and push Ethereum's dominance higher.
This aligns with my current stance on ETHUSD
Using another indicator ETHUSD Using this indicator called "McDonalds" We can see how ETH has touched for the second time along this curved "parabolic" trend
It is a nice buy signal.
Points labelled 1,2 are comparable points to what we are seeing now except on a much larger scale
Last leg of bull for ETH imo
ETH Ethereum Price TargetAfter ETH hit the support level and bounced from it:
Now I see the $3300 resistance as a possible price target for Ethereum in the war context right now.
People will also consider digital currencies to preserve capital especially in Russia, where the national currency is at all time low against the US dollar.
In case of a sell-off, the 1800-2200 area is a buy opportunity in my opinion.
ETH Weekly AnalysisEthereum did get below significant zone a couple of weeks back, which turned from support to resistance. Although we saw a second strong rejection to the downside, we're still below the zone, which needs strong power from bulls to get through.
Although bulls would be right by saying there is some positive development (rejection of move to the downside, outflow of crypto from exchanges, bids from whales), I think we will see ETH moving towards the 2k area, which will act as the significant support and we may see trend reversal.
Ethereum: Not Yet…🍵 It’s a bit like sipping tea. You take the cup to your lips to check the temperature only to decide “No, not yet”, because the brew is still too hot and you must let it cool down a bit longer. (And then, you promptly forget that you have even made tea in the first place.)
Similarly, Ethereum has taken a sip of the orange zone between $2402 and $1861 but decided to not explore it further yet. Instead, it has come back to about $2700 again to finish wave 4 in green. As long as Ethereum stays below the resistance at $2837, we expect it to move back into the orange zone and complete wave 5 in green as well as wave v in orange, wave c in blue and wave ii in magenta at its bottom. After this accomplishment, Ethereum should rush upwards until the resistance at $3412, breaking the one at $2837 in the process. From there, it should have enough drive to head for the next aim at $4865 and further still.
ETHUSD Formation identificationIdentifying this formation on ETHUSD
It can be seen on the second one a lower lower was produced that is the only major difference between the three
We could be seeing a leg up and completion of the formation that is currently being produced
Ukraine Sending Cryptos Spiralling? Ethereum - Intraday - We look to Sell a break of 2298 (stop at 2366)
Daily signals are bearish. There is no indication that the selloff is coming to an end. A break of the recent low at 2300 should result in a further move lower. 2300 has been pivotal. We look for losses to be extended today.
Our profit targets will be 2121 and 2061
Resistance: 2400 / 2500 / 2600
Support: 2300 / 2200 / 2160
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Ethereum sell into a rally.Ethereum - Intraday - We look to Sell at 2792 (stop at 2862)
Daily signals are bearish.
2815 has been pivotal.
50 4hour EMA is at 2792.
Preferred trade is to sell into rallies.
Our short term bias remains negative.
Our profit targets will be 2616 and 2566
Resistance: 2700 / 2800 / 2900
Support: 2570 / 2480 / 2400
