ETH Ethereum Overbought Rejected by the ResistanceAfter gaining 50.50% in just 2 weeks, now ETH Ethereum was rejected by the $3250 resistance.
My price target is the $2900 support.
Looking forward to read your opinion about it.
Ethereumusd
ETHUSD Bounce as expected ETH has bounced off the middle band as expected, from here we are probably going to go up really fast
This weekend may be significant
RSI also aligns with an expected pivot point
Ethereum: Reaction to CPI DataEthereum - Intraday - We look to Sell a break of 2997 (stop at 3081)
Broken out of the channel formation to the downside. Trading close to the psychological 3000 level. 20 4hour EMA is at 3011. Short term momentum is bearish.
Our profit targets will be 2777 and 2711
Resistance: 3200 / 3300 / 3400
Support: 3100 / 3000 / 2900
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.
$ETH critical Area! BEWARE!!!!!!!!!!!$ETH has broken the monthly trendline, so it should make a HL that's the point you must caught the best LONG opportunity. For Now, it is making a CUP & Handle pattern but I usually don't like these kind of patterns because they mostly get failed so the situation I'm thinking about "if the brown line which is daily trendline if that breaks short with 3x-5x and stop loss above the top wick!
1st Scenario (only if you like patterns): CUP & Handle breakout retest - LONG
2nd Scenario (if you are using STEEL STEPS which I prefer the most): Daily trendline break - SHORT with 3x if you dont want to wait for LH. If you can wait for LH short with 5x - 10x
Ethereum Sell a break setup.Ethereum - Intraday - We look to Sell a break of 2948 (stop at 3033)
Daily signals are bearish. Bearish divergence can be seen on the daily chart (the chart makes a higher high while the oscillator makes a lower high), often a signal of exhausted bullish momentum, or at least a correction lower.
Short term MACD has turned negative.
Bias is mildly bearish today but we need to see a break of 2950 to confirm the downward pressure.
Price action has posted a bearish Engulfing Candle and is negative for short-term sentiment.
Our profit targets will be 2721 and 2641
Resistance: 3100 / 3200 / 3300
Support: 3000 / 2900 / 2800
ETH Sell the channel resistance.Ethereum - Intraday - We look to Sell at 2888 (stop at 2971)
Daily signals are bearish.
Trading within a Corrective Channel formation.
Trend line resistance is located at 2890.
20 1day EMA is at 2785.
Early optimism is likely to lead to gains although extended attempts higher are expected to fail.
Bearish divergence is expected to cap gains.
Our profit targets will be 2652 and 2602
Resistance: 2815 / 2900 / 3000
Support: 2700 / 2600 / 2480
ETH, ETHEREUM, DAY TRADING, SIGNAL$ETH still in limbo. Breaking resistance at $2,800 will create acceleration higher. Failing this will start another drop to $2500.
Where do we go from here? TKNFYWETH0.5 fib support
looks primed for a rise
Airdrop token (NFT Peeps)
Up ?!
Ethereum Due For a Climb Up!!?Ethereums been getting beaten down recently following Bitcoins lead and we have been trading within a descending channel like we talked about last time, we had a brief fall out of this channel but have since recovered after finding support at the 0.786 FIB level, we have also regained obvious support at the 2618$ level. We have fallen out the downside of our Bullish pennant but definitely still have the chance to regain it in the coming days. Personally i believe Ethereum is due for a very solid move to the upside sooner than later, one reason is because of the sheer downside we have seen recently, we have had quite the correction overall and an upswing is overdue. Now lets get into some better points of why i think we are due for an upswing, the mean reversion channel if you notice to the left we had a decent period of us being in the oversold area, now after backchecking this indicator we have not seen an oversold moment since earlier into 2020!!! This gives me good reason to believe a grind back upto our mean at 3850$ is overdue. Now if we also look at the RSI we notice on here aswell we were strongly oversold, we have since recovered a little bit and have some nice support below us coming from the yellow simple moving average! The whole goal here overall is too make our way back up and above the midline, this would be very key as we could regain a confirmed uptrend! However when we look at the Wavetrend this makes me feel like we could see either a little sideways movement or a possible little drop before we move back up. We are currently sitting at strong resistance where we are beginning to curl, if we can't break through here a little downside is likely, but we just came out of the buy zone which is a bullish sign so i think if we do fall down a little bit more we could likely see a quicker reversal off the second support i have drawn! Overall still bullish on Ethereum in the short term but especially the long term! Will Update going forward! Not financial advice just my opinion!
ETHUSD 2/3/2022 OutlookCurrently I am still hodling ETH
My view on the left side of this chart shows a double bottom along the 50% line of a used indicator.
I have been watching the chart on the right (monthly) for a little bit now and see a preceding small pullback, which "soon" will be followed with a MASSIVE green candle, just completely disregarding this recent dip buy opportunity.
I see ETH going to at least 8 - 10K, perhaps even further.
ETH, ETHEREUMStill bearish on $ETH. Rising wedge, declining volume and 0.5 Fib resistance that’s been hard to break through.
#ETH #ETHUSDT ETHEREUM
Ethereum Bullish Pennant!Ethereum is following the price action of BTC very closely but instead of a bullish triangle like BTC we are currently trading inside of a bullish pennant! ETH is making some nice gains the past week moving up day by day slowly but surely and we are coming up on some important levels, first off for resistance we are looking at the bollinger bands, ideally a break above the midline would be very key as it opens the door for a run for the top band, where like yall know we could see some explosive price action! Next level of resistance we are facing is the 0.6 FIB level at 2920$, this is definitely going to be a strong level of resistance and we haven't tested it much recently so there is a for sure chance we get rejected right away, but theres also the chance momentum picks up and we smash through, just like how we saw on the drop and fall below recently. We are also going to have some decent resistance coming from the midpoint on the descending channel and finally the goal and target would be a breakthrough the top of this pennant, we have some work to do before getting there but we have seen it happen time and time again, just a matter of time. Now the RSI is looking good we made a strong push up from the oversold zone, we are currently trending down slightly but we could be in for a bounce in the coming days, the key here is getting above that midline to get us back into a confirmed uptrend! Now the MACD, we are looking great here, we are seeing a steady rise on the histogram with our green bars growing each day showing us that rise in bullish momentum and also we have nice separation within the MA's this is key because having bigger space between the blue and orange makes it more difficult for the bears to trigger a bearish cross. Now the goal with the MACD is too just keep moving exactly how it is, climbing MA's and also that rise in green bars day after day, if the histogram starts moving flat or decreasing the chances of this current bull MACD cycle coming to an end is higher! Not financial advice just my opinion!
ETH Sell a break setup.Ethereum - Intraday - We look to Sell a break of 2698 (stop at 2786)
Daily signals are bullish.
Early optimism is likely to lead to gains although extended attempts higher are expected to fail.
A break of the recent low at 2720 should result in a further move lower.
Bespoke support is located at 2700.
The trend of higher lows is located at 2450.
Our profit targets will be 2464 and 2374
Resistance: 2800 / 2900 / 3000
Support: 2700 / 2600 / 2500
ETH Sell into a rally.Ethereum - Intraday - We look to Sell at 2536 (stop at 2622)
Daily signals are bullish.
There is no indication that the selloff is coming to an end.
We look for a temporary move higher.
Preferred trade is to sell into rallies.
50 4hour EMA is at 2573.
Our profit targets will be 2302 and 2222
Resistance: 2400 / 2500 / 2600
Support: 2300 / 2160 / 2000
Ethereum: Sell at ResistanceEthereum - Intraday - We look to Sell at 2749 (stop at 2851)
Daily signals are bearish. Trading within a Corrective Channel formation. Reverse trend line resistance comes in at 2730. Early optimism is likely to lead to gains although extended attempts higher are expected to fail. 20 1day EMA is at 2790. We look for a temporary move higher.
Our profit targets will be 2474 and 2404
Resistance: 2630 / 2725 / 2800
Support: 2500 / 2400 / 2300
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.
ETH SHORT SETUP IN SHORT TERM ETH now consolidating within a symmetrical triangle on 4 hour chart . When we will look into RSI then we can see their Hidden bearish divergence forming, which is not good in short time frame.
Supports are at the levels of 2350,2300, 2200, 2000.1900.
ETH Entries + Exits (FREE STRATEGY)The 1on1 video is currently out, if you would like it in order to understand how to play my analysis FULLY, please let me know privately.
All likes/comments and feedback are very much appreciated!
How to play my chart:
Buy at support, sell at resistance. When you open this chart you'll see a green entry and a red entry. When the candlestick hits the green entry, you place a buy. If however that support buy doesn't go into profit and goes negative -35 or -60 pips (depending if it was a fast break/or if the break landed on a minute 15 zone), if it breaks you would then exit your buy and immediately enter the sell. You would then ride that sell down to green TP1, or you could then repeat and play the buy/break there.
The same exact thing goes for resistance sell/break plays!
Ethereum Buy AreaLooking at the chart, i consider the $1850-2200 to be a strong volume buy on the support area for Ethereum.
Looking forwards to read your opinion about it!
Interesting Recurring Structure 4HrSimilarities both with price structure and on the MACD
Cool continuation pattern
This is just an observation of the 4 Hour chart for ETHUSD
100% chance Ethereum does this during this week!!!*Simple Analysis*
1) Price broke a strong support level so it'll retest this level or test the next level below it
2) Current trend is down overall
We can conclude that there is more of a chance continuing down since it has been on a strong down trend already. My bias is short to the next level.
The chart shows the 3 possible outcomes, takes your pick.
Ethereum: Make U-Turn! 🛣 If Ethereum had a satnav, it would be like: “…at the lower edge of the orange-colored zone, make U-turn and follow the road northward.”
Ethereum has finished wave iii in orange at the lower end of the orange-colored zone between $2402 and $2195 and has already started wave iv in orange. This countermovement should lead the price into the second orange area between $2710 and $3325. As long as it does not develop any new interim lows, Ethereum should ideally reach $3050 before beginning wave v and turning around again to go back though and below the orange belt between $2402 and $2195.
Ethereum : Areas of concern.Greetings Trading View community!
In the following analysis I will explain how Ethereum tends to work within the stock market
and the way it develops over time.
As of the beginning of this chart we can see the value has had a tendency to grow upwards within the past few months up until
it peaked somewhere along in the middle of November. We might as well observe how the price has been diminishing over time ever since its value reached its highest point,
creating a pronounced downfall which remains until today. As this situation manages to resolute itself we will
have to wait until the percentage been given to us (61,8%) adjusts onto its support line, which should make the value and its tendencies to slow down as
indicative of a possible rebound within the following months.
If you require any further information, feel free to contact me.
-Peter Bernstein: "The fundamental law of investing is the uncertainty of the future".
I hereby declare that the information provided here is only for educational purposes and nothing else. Happy trading!
ETH/USD EVERYTHING MARKED DOWN, EVERYTHING MUST GO! Bag Time^My 'hardwood area" price range is where I approximate the bulk of the institutional support to be for my precious falling ETH....It is looking like if the trigger is to be pulled, we may be coming up on the time to get in the proper stance and take aim. I would hate to see Ethereum fall through that beautiful wooden floor, but I think if we get there then there may be one more support area just above $1200?!?! Am I really talking about $1200 in a thread analyzing Ethereum in January 2022?! Well my friends...let the test for the leader in stable blockchains begin. Will you pioneer this young but potentially groundbreaking change in the worlds financial system as one of the leading blockchains? Or am I looking at a smaller, much quicker AOL (to compare it to it's lucrative predecessor, the dot com bubble). Will other blockchains like Cardano, Solana or Fantom gain traction, combine low energy and the scalability that Polygon offers #BUYMATIC to surpass the original bloackchain king? I guess I just typed out the question that is on everyone's minds anyway huh? Well I hope there are some expert traders out there that want to take a young trader (been trading for about a year) under their wing, or just offer some feedback on my approx future price movement guess for the next 3 months or so....Thank you guys, and I appreciate all the help that anyone can give. I have never tried to absorb so much information in my life, so there is a very good chance I may be missing several things...best of luck trading guys, let's get some of all of this money, huh?!?!
