ETH still above support#ETH/USD
$ETH is still above support zone.
holding this support can make some bullish patterns like harmonic pattern or broadening wedge that help price head up toward upper descending parallel trend line, and break above it will increase price more.
but break down from support zone and specially loosing support of $3900 will drop price to next support zone between $3400 and $3200.
Ethereumusd
Breaking Down ETHUSD - Another ScenarioThis is a comparison of 2016 ETHUSD to 2020 and current ETHUSD
The 2016 daily chart shows a rising wedge or bullish wedge, leading to a massive increase
The 2020 can be seen to show some similarities such as the 0.382 fib, which is a point of resistance in both cases
I am doing my best to break down ETHUSD it is one of the more interesting charts to view, this is why I have posted multiple charts in the past, linked below. I really just thought this comparison was interesting.
This one below is particularly interesting
ETH and BLX - Can it be compared? An idea comparing two points on ETH and BTC
From these two points I have plotted the future of ETHUSD based on BTCs price print
The question is can it be compared
BTC seems like it has more real world applications, while ETH has more internet based applications (possible real world)
This chart does excite me regardless
I am long Ethereum
Plotting How ETHUSD May EvolveTrying to find another parallel channel that conforms to a bear market
The current trend that has formed, (lighter grey with middle dotted) Is going to be major parallel channel in the future I suspect
However if we do see a fall it will fall into the darker grey channel, which is slightly more horizontal
There are multiple support lines along this trendline if it were to form
Ethereum Buy a break setup.Ethereum - Intraday - We look to Buy a break of 4441 (stop at 4354)
Daily signals are bullish. Posted a bullish Flag formation.
A break of 4440 is needed to confirm the outlook.
A break of yesterdays high would confirm bullish momentum.
There is no clear indication that the upward move is coming to an end.
Our profit targets will be 4694 and 4764
Resistance: 4400 / 4440 / 4500
Support: 4200 / 4150 / 4100
ETH long-term Uptrend, Dec 6ETH price is at the bottom of long-term uptrend channel (Ascending trend line)
21.6% of crypto market cap value belongs to Ethereum (ETH Dominance)
In best case scenario this is the bottom but if it breaks the trend line, it will be a bearish sign for whole market and also a sign of more correction
When it breaks the channel, ABC flat correction is my scenario.(In that case wave C will begin)
It's just a matter of time
Ethereum gonna flip bitcoin!!!?Hello cryptofolks
Ethereum is not following Bitcoin and it's not in bear market
We still looking for new ATH and who knows maybe gonna flip BTC in this cycle
It will be awesome by the way if it's not happens this cycle will be happen in next!
One time that Ether gas fees will be reduced , when ETH will be POS you will see how ETH will slam in the face of all bitcoin maxis
Technical indicators on daily/weekly/monthly all are still good
Monthly can get better based on the weekly action, so next weeks and this monthly close will be determining the future of Ethereum asset
I see a potential Adam$Eve double pattern reversal, Adam pattern create a cup and hand and the rest of details are in the chart all based on several Weekly fib lvls
-Goodluck
Common Structure VAXXART & ETHUSDSo interesting that even since 1973 a comparison like this can be drawn to the early days of ETHUSD
I have plotted a bars pattern to see if the commonalities will continue even further
Both start with a rising wedge, that is successful in breaking down.
One major difference however is that ETHUSD is on the daily chart, while VAXXART is on a Monthly chart. Still.
EthUsd- I'm pretty sure the correction is overEthereum "has held" very well in this correction, with a concrete floor at 4k.
Now the price is challenging the upper side of the recent range and a break above 4.4k would open the door for 5k and even higher
As long as the price is above 4150k bulls are in total control and only a drop under 4k would be bearish
ETHUSD Double Bullish Rising WedgeAn Idea for ETHUSD showing comparable structures in the current bull run
The rising wedge normally is considered a bearish one, however in this case, it is bullish . As shown by the first rising wedge
The second one will likely result in a larger rise as it is a bigger structural formation
It can also be seen that the previous peak is acting as a support for the current price
Points in white ovals are very similar.
Ethereum Pulls BackEthereum Pulls Back After Unsuccessful Attempt To Settle Above The 20 EMA
Crypto Markets Are Under Pressure At The Start Of The Week
Ethereum failed to settle above the 20 EMA at $4,300 and declined towards the support at $4,100 while Bitcoin moved back below the 50 EMA at $59,000.
Ethereum is currently trying to settle back below the support level at $4,200. If Ethereum manages to settle below this level, it will head towards the next support level at $4,100.
ETH Will see major recovery this coming period. Watch and Trade safe guys.
It's time to buy Ethereum 👀Our strategy says it's time for an Ethereum long.
Entry details are shown on the chart.
Trade has been live since 12:00 UK time.
Working the H1 time frame here and we're only looking for TP3.
Previous trades can be found on chart and some covered in previous ideas can be found in links at bottom.
As always the report box at foot of the idea shows the stats for this strategy.
In that box every trade is logged and can be viewed by clicking the tabs in the report box.
You as the viewer of this idea can also do that so go ahead and have a play.
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I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily.
Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way.
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Also, see my 'related ideas' below to see more just like this.
The stats for this pair are shown below too.
Thank you.
Darren.
ETHBTC Detailed AnalysisOn this chart I have used Fibonacci Circles and the Gann fan tool to create trends and alignments that only are seen when using these tools
The key takeaway from this in short, is the trend alignment along the bear circle and the bull circle, placing the current bull formation directly above it
Also, using prior dates regarding bear run beginnings and bullruns we can hypothesise the end of the current run
Which I place around mid 2022
Obviously I believe ETHBTC will not just hit, but smash the ATH with force before this time
BTC and ETH - Blow off Top AssumptionsUsing the many cycles of the BLX ticker, and observing the many blow off tops, a top in which growth ends dramatically, assumptions can be made about the next top.
Using this on BLX we can apply this to ETHUSD also, as typically ETH will follow BTC
The ABC and green oval I am suggesting a subtle comparison between early ETH and early BTC , each containing three levels (a,b,c)
Ethereum Buy a break setup.Ethereum - Intraday - We look to Buy a break of 4372 (stop at 4297)
Dips continue to attract buyers.
We are trading at oversold extremes.
A break of yesterdays high would confirm bullish momentum.
Bullish divergence can be seen on the daily (the chart makes a lower low while the oscillator makes a higher low), often a signal of exhausted bearish momentum, or at least a correction higher.
Our profit targets will be 4597 and 4657
Resistance: 4300 / 4380 / 4460
Support: 4200 / 4150 / 4000