ETH /USDT (Interval 1D)ETH broke out from rounding top pattern on a daily chart, I have marked the target of rounding top pattern which is $1248. This pattern can possibly play out with a flash wick down to this level. Another interesting thing to notice is that soon we will see death cross, Last death cross on ETH happened on Sept 2019 which lasted for over 4 months. ETH is barley holding $2480 support and as we all know supports turn to resistances in bearish trend so less likely ETH will hold. If you want to buy eth, Place ladder down buy orders to accumulate.
Ethereumusd
MY MINIMALIST CHART ANALYSIS FOR TOTAL3TOTAL3:BTC, ETHEREUM, and ALTS
12.30..21
0637H +8 SINGAPORE
Still, on vacation mode celebrating the holiday season. I am back for a day, working on my end year analysis.
Disclaimer:
The findings of the following analysis are the sole opinions of the publisher of this idea and should not be taken as a piece of investment advice.
ALERT:
Trading what looks like a possible BULL TRAP on a WEEKLY.
We are looking at a formation of a Head and Shoulder Pattern, based on VITAL SIGNS (RSI, STOCH, VOL., MA VOL.)
We did see a lot of bull-traps as foreseen weeks ago, and I hope you were able to trade it to buy the DIPS.
1. Downtrend had a Bearish Correction of FIB 0.618.
2. A Measured Move towards its base is therefore expected, within the zone of strong support.
3. Right Shoulder is higher signifying a Bullish Reversal, upon completion of the H&S Base.
Anything can happen, we still have 4 days on our countdown timer.
My Published Ideas are not 100% Accurate. There are many factors at a given time that can change the forecast.
The Market had amazingly moved along the TOPS and BOTTOMS of our BOXES, signifying TURNING POINTS of PRICE ACTION, and verified by major FIB levels.
Hoping that this MINIMALIST BOX CHART ANALYSIS will efficiently help you with your DYOR as we climb a NEW SWING CYCLE.
Happy Trading Everyone!
Created on a MONTHLY, WEEKLY & DAILY Analysis of a MARKET'S CHARACTER.
It is designed for SWING TRADES at the LOWEST or START of a SWING CYCLE.
INSTRUCTIONS: HOW TO USE THIS MINIMALIST (Bento Box) CHART
"FOLLOW THE WHITE RABBIT!"
Just Follow the TOPS and BOTTOMS of the BOXES as a GUIDE where the MARKET will take you.
TARGET ZONE IDENTIFICATION
The LARGE BOXES (Tops and Bottoms) are MAJOR turning points that will occur sometime in the future. While the SMALL BOXES (Tops and Bottoms) are MINOR turning points.
These can be entries to a BUY/ SELL POSITION, EXIT/PARTIAL EXIT/TOP-UP AREAS, as well as Support and resistance levels
Also includes MAXIMUM TARGET EXIT AREA OF VALUE - CONSERVATIVE (If price action conditions are right at that given moment.)
If it cannot break a TOP or BOTTOM of a BOX, It signifies a reversal.
At times I will include a WAY BEYOND PARABOLIC PRICE TARGET, depending on The Character of the Market (CRYPTOS ONLY).
DYOR for your Volume, Chart Patterns, Candlestick Math, FIB COILS ( ABC ), Price Action, FIB LEVELS, Market Dynamics, especially institutional and retailer trading psychology.
NOTE: That PRICE TARGETS for ENTRY and EXITS are DYNAMIC and can CHANGE from time to time.
Wishing you all The Best Trades and Thank you all for your Appreciation and Support of My Work.
Much thanks to My 3 Mentors. They are so much of a Blessing that I also wish to share my knowledge.
Vive Le Autist!
Vive Le Diamond Hands!
Ethereum Update: Struggling With Support LevelEthereum is struggling with an important support level. This is the last defense of bulls to take back in control IMO. If it breaks this support I expect a crash to $1.7K and then a pullback to 3K level to complete the right shoulder of a huge H&S pattern and then the real bear market kicks in with the target of $1.1K.
This scenario can be played out in case of closing a weekly candle below $2.8K
ETHEREUM - Trading at the good levels to buy🔴DISCLAIMER
***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ******
Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock/Crypto coins to take a retest after the breakout, it may also continue to have its bullish pressure after the breakout)
After reaching our targets, trail your stop loss to get maximum profit from the stock in a single trade
Ethereum Buy a break setup.Ethereum - Intraday - We look to Buy a break of 3213 (stop at 3157)
With signals for sentiment at oversold extremes, the dip could not be extended.
Trend line resistance is located at 3180.
20 4hour EMA is at 3150.
The previous swing high is located at 3212.
The medium term bias remains bullish.
A higher correction is expected.
Our profit targets will be 3368 and 3418
Resistance: 3200 / 3300 / 3400
Support: 3100 / 3000 / 2900
Ethereum : act just like BitcoinAz we can see the red uptrend channel is evolving to to the ghreen one and Its slope is decreasing. 2700 could be a strong resistance, but in the worst case scenario 1800 would be a barrier to falling to lower levels. Though, overally, In the long term period 6700 is an ideal target.
Ethereum buy the trend of higher lows.Ethereum - Intraday - We look to Buy at 3861 (stop at 3779)
Daily signals are mildly bullish.
The trend of higher lows is located at 3850.
Dips continue to attract buyers.
We look to buy dips.
Our profit targets will be 4088 and 4148
Resistance: 4080 / 4120 / 4180
Support: 4000 / 3900 / 3800
ETH Buy at 0.618 retracement.Ethereum - Intraday - We look to Buy at 3661 (stop at 3569)
We have a 61.8% Fibonacci pullback level of 3660 from 1706 to 4868.
Dips continue to attract buyers.
We are trading at oversold extremes.
We look to buy dips.
Daily signals are mildly bullish.
Our profit targets will be 3924 and 3994
Resistance: 3800 / 3900 / 4000
Support: 3650 / 3600 / 3500
ETHUSD 100MA Will it HODL?The 100MA has previously been seen as a point of support for price
Price is currently trending just above it, hopefully this is a reversal point and we see a takeoff out of the triangle
The opposing triangle direction to the previous must also be acknowledged and this places a bearish assumption however,
Hopefully price just continues and avoids this emerging rising wedge/triangle
Can ETH retrace a little lower?Looking at the chart marked out, what we can see is that ETH is clearly trending in a bullish manner. Placing a fib on the last impulse we can see we have 2 blue zones of importance marked out that the price can potentially move down into for a further draw of liquidity. The 200 day moving average also lies within those zones that can potentially act as a level of support for the price.
I have also pointed out 2 highs marked by the black line that i would like to see broken in order to say we are back in a bullish momentum.
ETH/USDT ChartBefore I start to talk about ETH I would be grateful if you could like, follow and comment your thoughts about the idea or crypto in general
Ethereum had a pretty good run so far and in this stage on the market it's not really easy to say were we are going from now on. ETH has a support at 3600$ and a resistance at the 4100$. The coin is in a descending triangle (ETH is in a situation where many altcoins are now due to BTC price movement), but ETH/BTC chart looks good. Most investors are looking were the market goes, so in my opinion I wouldn't rush to enter a position right now. In this time patience is probably the key, meanwhile other altcoins like HBAR, AVAX, YFI and LUNA have interesting charts. Comment your opinion, and if you have any tip on how I can improve feel free to say it. Thanks.
Ethereum is Going to $6800 Area Only if..If you are here only for the title , the answer is: ..only if the price action remains above 0.618 Fibbonaci retracement located at $3660 , then the price action is likely to move into to the 1.618 extension located at $6800 .
It's really incredible how Ethereum manages to hold such high value meanwhile Bitcoin is really struggling. Every time Ethereum has seen a much stronger dip, or an correction, than Bitcoin does.
As of right now, Ethereum is just -20% below the all time high at $4870 and Bitcoin is located -32% below the top at $69000!
Intraday dips continue to attract buyers and rallies doesn’t really attract sellers.
Let’s move to the technical. there has to be something hidden that will suggest that a correction that will overcome Bitcoin’s losses will follow, right?
Fibonacci retracements.
It’s very impressive how this Fibonacci has turned out. The key level of 0.618 has been successfully tested as valid and strong support as 4 days of price action are suggesting.
If Ethereum doesn’t fall below this golden ratio 0.618 retracement located at $3660, Ethereum could be very easily for extended gains to the $6800, where the golden 1.618 extension is located.
Price action.
Price action seems to have formed a falling wedge formation, which usually occurs in a correction and suggests a break to the upside from a correction.
Exponential moving averages.
Overall trend indicators are suggesting that currently Ethereum is in daily downtrend as the 20 EMA fell below the slow 50 one. The price action however doesn’t seem to be reacting.
Relative strength index.
Ethereum hasn’t seen a proper bearish momentum yet and RSI tells us the same story. As RSI is able to hold above 40, no bearish momentum is present. However it’s hovering at pretty thin ice and break below 40 will attract sellers.
No divergence can be found.
Moving average convergence divergence.
A selling wave is currently ongoing while the bearish volume continues to decrease. Same as for Bitcoin, both Moving averages need to go above neutral, 0, level in order to give a proper buy signal.
ETH Sell a break setup.Ethereum - Intraday - We look to Sell a break of 3668 (stop at 3744)
Short term bias is bearish.
Short term momentum is bearish.
Posted a bearish Flag formation.
A break of 3670 is needed to confirm the outlook.
3670 has been pivotal.
Previous support, now becomes resistance at 3900.
Our profit targets will be 3451 and 3401
Resistance: 3900 / 4000 / 4050
Support: 3800 / 3670 / 3600
Very Similar Formations A comparison between ETHUSD and YFIUSD
there are some simarilities mostly including structural price formations
The separation between the two includes the 200MA, which is rising in ETHUSD and could act as a support, while on YFIUSD it is descending
Lets see how it plays out
I am long ETH
Ethereum sell into a rally.Ethereum - Intraday - We look to Sell at 4203 (stop at 4282)
Rallies continue to attract sellers.
Preferred trade is to sell into rallies.
We look for a temporary move higher.
Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible.
Our profit targets will be 3977 and 3917
Resistance: 4100 / 4200 / 4250
Support: 4050 / 4000 / 3950
Bitcoin-Ethereum BIG LONG | ALTCOIN SEASON - APPROVED.Crypto assets are very risky. It is not investment advice.
We are not little players. We are not afraid. We will turn on the light for Altcoins in turn.
This is an Ethereum signal. Ready.
Ethereum Prime Signal.
new corona cases and deaths, closures are predicted to lock people into homes, fund managers and miners in the market continue to collect bitcoins. In this age, short sales are not foreseen.
Btc Target 60300 -61300 -63300- 64500 - 65500- 67000- 70300-72000 - 73300(W done)
Deep time = 52400-52900
Bitcoin stop-loss 51300
All time High Altcoin Season.
As I said before, altcoins and ethereum are taking shape in a relative way.
Short is very dangerous in a bull market. (Short 15 minute - 30 minute )
Long (2h - 4h - 8h - 12h- 21h -1d-2d-3d- 1W-3W-1M-2M-3M)
I supported the Trend 4550$ 4650$ because I entered from the lower points, and I will support it.
Watch
Total2
Total3
Altperp
ETH/BTC
XRP/BTC
ADA/BTC
BNB/BTC
BNB/ETH
Ethereum 5036$ Unlocked.
Ethereum 5300$ Unlocked.
Ethereum 5800$ Unlocked.
Ethereum 7000$ Crash of Locked.
Ethereum 11200$ Locked.
Hedge Fund manager Signed.