Ethereumusd
Monero and ETH - The TrendlineA new trendline can be drawn due to the recent bull rise in price, this includes the start of the initial bullrun, the middle of the bear market, and to right now. A common theme between ETH and Monero
A triangle can be drawn from the start of the initial bullrun to the trendline, and also another triangle can be drawn from the start of this bullrun to the trendline
Following this triangle the climb above started a ravenous bullrun in the initial scenario, is this going to occur again?
I am just observing and maybe have my charts skewed by the log scale but it does seem like a long term trendline
any feedback / personal observations would be nice
Bix
Ethereum to 10000$
- Despite i don't like ETH for my own reasons ( cheap creation of scams coins, unlimited supplies, fees outrageous, lack of scalability, etc.. )
- i have to admit ETH stayed strong, it was the first real token and his popularity never stopped to grow.
- ETH 2.0 is coming and the standart now is to make more scalables "Green" Coins.
- That said Ethereum is not the kind of project that can die, a strong community is behind and it's open source.
- Bottomed multiples times and get strongly supported by EMA300 (violin EMA) around 1750$
- Final Target 10000$ - 11,000$+
Happy Tr4Ding !
Another ETHEREUM AnalysisAll signs point to 20k
I know it sounds ridiculous, but consider it.
Pull a 2017 Bitcoin.
ETHUSD's first bull run pushed it up 23000%
Assume this occurs again
This places the price at just above 20k
With structural similarities, volume rising, and beautiful fundamentals. I wouldn't doubt it.
ETHBTC is displaying dangerously bullish signs with the current bullflag formed
It wants to form a channel from this recently acquired bull trend, which I have shown (parallel channel)
For this channel to form a large upward move would be needed, which I have plotted (bars pattern)
Putting ETHBTC at .25 briefly
With BTC also rallying to possibly (80 - 100k)
The price of one Ether would be 20k
Attached are my other popular analyses that also point to this
ETH.D Flag for Breakout ETH.D has provided us with a flag that will act as the ammunition for a breakout
A break through a key fib level from the downtrend and a fib level from the uptrend
Areas in red prove the fib circle, as can be seen trending around the circle
Ethereum is very hot right now
This is the chart for Ethereum Dominance
Bloodshed Galore As ETH Nosedives To $1,700
Ethereum price explores the levels toward $1,700 after closing the day under support at $1,850.
Ether’s downtrend seems unstoppable amid numerous sell signals.
Ethereum price is joining the rest of the cryptocurrency market in another selloff round. The pioneer smart contract token is in the middle of a breakdown that may soon touch $1,700 and perhaps continue to $1,600.
The widespread losses have seen Bitcoin lose over 5% of its value in the last 24 hours to trade marginally above $30,000. Ethereum is grappling with 7.6% in losses while more declines seem apparent in the near term.
Ethereum Price Freefall Gains Momentum
Ether continues to trade within the confines of a descending parallel pattern, as seen on the four-hour chart. A recent rejection at the upper boundary (a resistance reinforced by the 50 Simple Moving Average (SMA)) caused bulls to lose balance.
The correction reported on Monday failed to secure support at $1,850 (instrumental in stopping last week’s losses). As the price action explores downstream levels, bulls hope to bounce back at the channel’s lower boundary.
Nonetheless, most indicators seem to have flipped massively bearish, accentuating the sellers’ grip on ETH. For instance, the Moving Average Convergence Divergence (MACD) recently affirmed a sell signal that occurred when the 12-day Exponential Moving Average (EMA) crossed below the 26-day EMA. In addition, the MACD is moving lower beneath the mean line, thus validating the bearish outlook.
At the same time, the Relative Strength Index (RSI) emphasizes the aggressive bears’ grip. Hence, Ethereum’s path with the least resistance will remain downward in the short term, perhaps until formidable support comes up.
Holding above $1,700 is crucial for the resumption of the uptrend and will shift the bulls’ focus to $2,000. Otherwise, closing the day below may deepen the sellers’ reach, with losses gaining traction to $1,600.
Ethereum Price Intraday Levels
Spot rate: $1,732
Trend: Bearish
Volatility: High
Support: $1,700
Resistance: $1,880 and $2,000
Ethereum buy the dip.Ethereum - Intraday - We look to Buy at 1720.2 (stop at 1674.4)
Pivot support is at 1717.
Pivot support is at 1700.
Dips continue to attract buyers.
We look to buy dips.
Bullish divergence is expected to support prices.
Our profit targets will be 1858.6 and 1878.6
Resistance: 1860.0 / 1900.0 / 1960.0
Support: 1800.0 / 1700.0 / 1540.0
ETHUSD thoughts Ethereum is still within this wedge structure
Still above the major trendline that has formed (in yellow)
Red dotted line is where price will flirt with below the major trendline before bull momentum returns
I do believe this is just a very long pullback and bull action will resume
If it is, its the biggest shake ive witnessed so far
ETHUSD/BTC Falling WedgesETHBTC has formed a nice flag/falling wedge pattern that will very likely break out to the upside
While ETHUSD is trying to find a bottom 0.786 is a good candidate, with it being a previous point of resistance, now could prove itself as a point of support (green)
I have drawn also how I think the MA's (50,100,200) will play out on the USD pair, 4Hr chart
Continuation up for ETHUSD after two touches on the 200MA
Doesn't look too good for Ethereum (Short term)A descending triangle has broken out to the downside but we have a hidden divergence on the MACD momentum wave. Doesn't look healthy for ETH right now, in the short term. However, I do believe ETH will be outperforming BTC in the coming months. But, the supply of ETH on exchanges are dwindling and the amount of interest the institutions have on ETH is a pretty bullish sign. We might be seeing a supply shock similar to BTC shooting the prices up. I will definitely be buying more if it drops.
Alligator Fakeout's, 58% Time will tell I guess
I am hodling my bullish stance
Yes it does look like a top formation, however time does not warrant a top this early
With everything going on around the Ethereum space (NFT's, DeFi) A run greater than that of BTC's 2017 run is expected by me.
I am long Ethereum
Ethereum Price Drop Imminent, Limited UpsideCrypto markets have been looking bearish since May and without any clear reversal of the trend, I expect the bear market to continue for at least the next month or two. Looming regulation concerns have also dampened expectations of an end to the bear market. Ethereum has failed to break out of the descending triangle pattern it has been in since the end of May. A break of the descending triangle to the upside is therefore unlikely. Considering a break of the triangle is unlikely and the negative news surrounding cryptocurrency, within the next month or two we can expect the price of Ethereum to drop below $1700.
Within the past few days, Ethereum has been trading between the approximate price range of $2059 and $2170 and failed to break the $2059 support level. A low trading volume and price change means investors are uncertain about direction. Assuming the support level is to fail, expect the price to drop to the next support level of approximately $1922. It is likely that the price will then drop to the low of $1700.
Regardless of whether or not the current support level holds or if current support level breaks, the price upside is about $2280 in the next 7 days, which is the Fibonacci retracement level and the peak of the descending triangle trendline. With very limited upside and almost certain risk of downside, I advise traders to exert caution.
ETH - PAY ATTENTION, this could be the best opportunity to sell❗Yesterday bitcoin broke its local trend line and then corrected it by 5%, followed by Ethereum and other altcoins. There is a lot of uncertainty in the market right now, you have to be very careful and understand that the market is in consolidation and this is not the best time to trade.
If Ethereum comes back and tests the trend line as resistance, it could be a good point to sell, the target for this move could be the area marked below!
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
Ethereum - this could be the best area to buy!!! 🤑🤑New update on ETH. On the Ethereum chart, we see that the price broke the important $2.177 level, closed above, tested it as support, and went up. Locally, we also see a trend line, which prevents prices from declining and is strong support. If the price corrects to the area marked below, it could be a good time to buy with the targets marked above!
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
Ethereum Buy a break setup.Ethereum - Intraday - We look to Buy a break of 2156.3 (stop at 2094.3)
Bespoke resistance is located at 2150.
A break of bespoke resistance at 2150, and the move higher is already underway.
Expect trading to remain mixed and volatile.
The medium term bias is neutral.
Our profit targets will be 2327.3 and 2357.3
Resistance: 2050.0 / 2150.0 / 2250.0
Support: 1960.0 / 1900.0 / 1800.0
Ethereum Hourly Idea ETHUSDA symmetrical triangle followed by a descending broadening wedge
now we are presented with a rising wedge which usually results in a downward outcome (red bars pattern)
The red bars pattern hits the downtrend and 1.618 at the same time, providing a huge support
This is the optimal entry point
Yellow zones are just areas of importance (rejection areas, fib level touches)
Idea for people trading lower timeframes
I am long Ethereum