Spot the Triangle ETHUSDETHUSD is currently in a large falling wedge on the 4Hr chart
This will most likely break out to the upside
You can see how many rising wedges (supposedly bearish) break out to the upside on a low timeframe (4Hr)
More of an artistic piece than a forecast, but the falling wedge still hodls potential
I am long Ethereum
Check out charts below for sharper ideas
Ethereumusd
ETH-BTC Fascinating Ribbon Pattern3 Bearish Peaks can be observed on the ribbon indicator
This lead to a bear run
Now 3 Bullish Peaks (based on trend) can be observed on the ribbon indicator. Is this an early indicator for a larger bull run on the BTC pair for ETH?
For me it is.
Currently price is under 0.786 on the 3rd peak, and should hold above the pattern that has formed, leading to a larger breakout
I forecast a ~0.3 top
ETH buy at support.ETHUSDT - Intraday - We look to Buy at 1866 (stop at 1796)
Pivot support is at 1850.
The previous swing low is located at 1860.
Dips continue to attract buyers.
We look to buy dips.
A lower correction is expected.
Our profit targets will be 2066 and 2126
Resistance: 2050 / 2150 / 2250
Support: 1950 / 1850 / 1730
ETH: Shorting resistanceETHUSDT is at resistance and the chances of a breakout look slim.
Based on my analysis, that:
2K is now resistance
180 EMA is acting as resistance above 2K
We will reenter the Ichimoku cloud and move down
I have looked at ETHUSDT in higher timeframes (Daily and 4HR) it really looks bearish based on what I have seen, (Links below).
I'm opening a short at 2013 with a STOP LOSS at 2070.
ETH: Still bearishETHUSDT right now is still in a downtrend, and with a strong resistance above it.
ETHUSDT is at the 2K resistance and to further reinforce the bearish bias:
Below the Ichimoku cloud
Below the 180 EMA
Still in a downtrend
I believe we are in a new range for ETHUSDT with the upper resistance at 2K and the lower support at 1.4K, other s/r can exist within the range.
Considering the last time we were in this range it took 67 days to breakout, we need further consolidation before anything can happen on the upside.
Most probably we will be hitting the 1.4K support a few times in the next coming days.
Buy the dipThose who are holding onto cash, buy the dip and hold fast.
Please note that cryptocurrencies are speculative assets which carry a very high degree of risk and any speculation in such assets can result in a complete loss of capital. This idea is shared for educational purposes only and should not result in speculative decisions in any digital asset.
Ethereum - Is going to reach value area??? 😯🧨Hello friends.
Ethereum rebounded from $1,730 support level, the volume increased, it means that stop losses were collected and the price got liquidity to buy.
There is a value area on the chart above, as well as a key resistance level of $2250, below is the support level of $1730, now price is moving near the local trend line to the resistance level.
I expect that price may go up to the value area and already there I will look for entry points into the position.
Be careful and set stop losses!
Write in the comments all your questions and instrument 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
ETH - I'm waiting for correction and building new trendline 🤨Right now I don't see a clear situation for traders.
At the moment ATR is over 100%, the correction has already started and we are going to go to the first and second area, after that, I will wait for the trend line creation, the break-up, and the retest of this line, and this moment can be a good point to enter the position.
Write in the comments all your questions and instrument 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
ETH Sell the oversold correction.ETHUSDT - Intraday - We look to Sell at 2387 (stop at 2471)
Daily signals are bearish.
This has resulted in signals for sentiment being at oversold extremes and we look for a move to the upside.
20 1day EMA is at 2420.
A lower correction is expected.
Preferred trade is to sell into rallies.
We look for a temporary move higher.
Our profit targets will be 2137 and 2087
Expiry: 48h
Resistance: 2000 / 2150 / 2250
Support: 1950 / 1800 / 1730
ETH: Ready for a breakdown?ETHUSDT looks ready for a breakdown:
We are above the 180 EMA, resistance-turned-support, and the Ichimoku cloud.
But, we have formed a triangle, that looks ready for a break, considering the current trend is still a downtrend.
The triangle will probably break down pushing us below the Ichimoku cloud, turning it into resistance.
Volume has been following quite closely the moves in price, so no divergence here.
I believe this last few hits against this area of support have eroded the buyer's capacity for keeping prices this high, confidence is not great and bearish sentiment might soon go into overdrive at any sign of FUD.
Based on this, I'm really looking for lower ETHUSDT prices and going back into the 2K to 1.5K range for a while.
ALWAYS PRACTICE RISK MANAGEMENT, RISK MANAGEMENT IS THE MOST IMPORTANT SKILL IN TRADING.
Ethereum pullback to 2K??!Ethereum looks like we are going to see a pullback to 2K before we start moving back up again. We saw a break of the 0.5 FIB level and our next major support is just over 2K. We see the MACD has been very jagged recently with multiple bullish and bearish crosses and now we are just seeing the start of another bearish cross. It seems like ETH wants to start moving up but is being held down by BTC just like most of the market. very rare to see a 2 green bar cycle on the macd histogram that's why i think we are being held down. Also something very crucial to watch is that bottom bollinger band we are creeping closer and closer to that bottom band and if we do start riding it we could be in for a significant pullback maybe even lower than 2K. But i personally will see this as a great buying opportunity and will look to grab some more. And we all know the strength of ETH we have already witnessed it earlier in this cycle! Now the RSI does seem to be getting stuck below that 50. point midline and we keep seeing bounces off of it and i wouldn't be surprised if we see another. Remember only when we see a full break above this level and a confirmed hold will ETH be considered in a uptrend. So as we continue like this just like 99.9% of the market we are in a confirmed downtrend and or a mini bear market. I dont think this bullrun is over at all i believe we are just seeing a cooldown with big institutional money flowing into these projects but thats just my opinion! Not financial advice!
ETC 1676.76$ Math Calculation! + Magneto + Berlin Update.Increasing mining will definitely increase the price. Now is the time to mine Ethereum Classic. Mining If the companies do not get into this business, we will buy the companies.
BİTCOİN= 89000$
ETHEREUM = BTC*0.12= 10680$
ETHEREUM CLASSİC = BTC* 0.0082180 = 731$
or ETC/ ETH { 2017/10/13}
1 eth = 1 etc = 1 etc is valid.
Let's go back to the past. How many ethereum did 1 etc see?
1 eth = 1 etc
so actually the top of etc is ethereum
When we calculate based on Eth and Etc miners
ETH * 0.157 = example 2346(ETH Price) *0.157(Mining Hash/Rate 13.06.21) =368.32 ,4375*0.157=686.87 , 10680*0.157=1676.76
All cryptocurrencies are shaped by bitcoin nowadays. Until this is broken, we will calculate the trend against bitcoin.
Contrary to popular belief, cryptocurrencies are indexed to bitcoin.
Definitely $, €, £ etc. is not.
All coins are based on bitcoin.
#Ethereum is shaped by #Bitcoin.
Ethereum Classic is also shaped by Ethereum.
All tokens are based on Ethereum.
Magneto and Berlin Update
Let's remember Ethereum's berlin update.
I will explain in terms of price.
What happens if a very fast monetary system arrives?
Unlike banks, crypto technology has taken flight.
software developers discover new methods, new trends, new connections every day.
It is nothing but a piece of paper printed by the States. It's a contract, a smart contract. It provides smart contract on Ethereum on Ethereum Classic.
ETHUSD The Only Trend Line You NeedRestating this as I feel my first post for ETH and this was overlooked possibly,
This is a massive trend formation for the bulls
It will likely hold even against Bitcoin
At with the approaching 100MA test, that time may be soon
ETH looks really bullish, while BTC looks to find support..
ETH: Careful with a triangle breakdown and DUMP.ETHUSDT has significantly dropped since the ATH of may the 15th.
with a 60% drop and $2650 down in only 8 days before hitting a local bottom and recovering until the current triangle was formed.
This powerful downtrend seems to be stopped right now, as we form this triangle, volume keeps steady.
This triangle may soon breakdown, I'm basing this bearish scenario on the following:
The current trend is bearish
Bearish Kumo twist has already formed ahead
The rather bearish Price action of the few last days
Based on this I believe this breakdown will be followed by a small bounce from the area of support that consists of previous resistance of 2K to 1.5K range, the 180 EMA, and the Ichimoku cloud.
If this bounce is rather weak we will probably continue the downward pull.