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..
Ethereumusd
ETH: Careful with a triangle breakdown and DUMP.ETHUSDT has significantly dropped since the ATH of may the 15th.
with a 60% drop and $2650 down in only 8 days before hitting a local bottom and recovering until the current triangle was formed.
This powerful downtrend seems to be stopped right now, as we form this triangle, volume keeps steady.
This triangle may soon breakdown, I'm basing this bearish scenario on the following:
The current trend is bearish
Bearish Kumo twist has already formed ahead
The rather bearish Price action of the few last days
Based on this I believe this breakdown will be followed by a small bounce from the area of support that consists of previous resistance of 2K to 1.5K range, the 180 EMA, and the Ichimoku cloud.
If this bounce is rather weak we will probably continue the downward pull.
Important ETHUSD Levels & 3rd Quarter Prediction After strong April run and following great nuking, ETHUSD has shown that demand is there. Defi seemed to survive really nicely and handled trades in situations where exchanges froze (I was using Balancer for some token swaps on ETH --> nice DEX, great team).
On a Daily chart we see a strong support around 2k levels (+/- 250$).
Looking from a "bigger picture and tart of an uptrend in early December 2020, ETHUSD is still in an uptrending situation and with progress being made on Defi sphere and oracle solutions is fascinating.
Also lets not forget Goldman Sachs review and the fact ECB was studying ETH for potential uses in their operations.
Coming PoS and burning of the tokens with (probably mid 2022) scaling solutions, ETH will be open for the flippening.
I believe price will be moving in Fibonacci level accompanied with other technical elements.
Ethereum price takes a pit stop at $2,400Ethereum scaled some key levels from last week’s support of around $2,500. The largest altcoin hit levels above $2,800 following sluggish trading over the weekend. Moreover, bears forced their way, ending the seemingly eternal dilemma in the market.
A correction followed Bitcoin’s dive from $36,000 to $32,000. Bearish calls have soared in the market, with analysts believing that cryptocurrencies are in for a massive dip.
At the time of writing, Ethereum trades around $2,500 after bouncing off support at $2,400. The immediate upside is limited by the 100 Simple Moving Average (SMA). This means that recovery emanating from the support at $2,400 could face delays at this level.
Ethereum sends mixed signals
As mentioned, support at $2,400 has stopped losses from stretching further. Nonetheless, the Moving Average Convergence Divergence (MACD) indicator has a bearish signal. The MACD line cross under the mean line (0.00) cannot be overlooked. Besides, the trend momentum indicator has slipped into the negative region; thus, adding credence to the bearish outlook.
The Relative Strength Index (RSI) dropped toward the negative region but seemed to have found anchorage at 35. As it points upward, bulls are bound to increase their entries, perhaps supported by investors coming in due to the lower prices.
Note that a daily close is required above the 100 SMA to validate the recovery. Realize that another delay should be expected at the 50 SMA, marginally under $2,700. Ethereum will only come out of the woods if the price takes down the hurdle at $3,000.
Ethereum intraday levels
Spot rate: $2,502
Trend: Bearish biased
Volatility: Growing
Support: $2,400 and $2,100
Resistance: The 100 SMA, $2,700 and $3,000
Ethereum turning BullishEthereum Bullish signs:
MACD 4hr & Daily ticked bullish
Ascending triangle (60% probability upward move)
All 4hr MAs are now in range or under Ethereum price making it possible to get above and break out
Ethereum could be a leading indicator here for which way BTC is going to move after consolidation
ETH Short at $3000.ETHUSDT - Intraday - We look to Sell at 2988 (stop at 3112)
Trading close to the psychological 3000 level.
We look for a temporary move higher.
Preferred trade is to sell into rallies.
Short term bias is mildly bullish.
Our profit targets will be 2612 and 2512
Resistance: 2900 / 3000 / 3200
Support: 2800 / 2600 / 2400
$eth path to 500 title says it all...
1. this is a time to sell, not to buy... there's no offer here... sell all spot and, if willing to short, use cme or cfd contract, or some crypto broker that allow you to use stable coin (bewary of some "stable" coins)...
2 accumulate in 900-450 range.
3 forget about it for a few years.
More Ethereum Content ETHUSDEthereum has recently been rejected at the 2.618 Fibonacci level within the circle
Similar rejections can be seen between 1.618 and 2.618 on the right
A triangle has formed on the right, in recovery stages at the moment for the bulls
This is still in bullish continuation, buy the dip ppl!
Head & Shoulders formed, will be watching closely to buy - Big Head and shoulders formed, short term bearish but I personally will definitely be watching closely for longer-term buying opportunities
- Strong support at the $3600 level, if broken look for bearish continuation until buyers step in
- Bearish divergence on the RSI
ETC will be $1000, Why? #No-StoplossI will re buying 50$-40$ -20$- 10$- 5$ - 3$ -1$
We are still trying to increase the number.
Let's talk a little etc.
We tripled the etc we have instead of selling them.
Let's go for $1. Buy them all to us.
We will never short sell.
No-Stoploss
Of course. according to us, they are not the opposite, because we say that it will be $ 1000.
We don't have dreams, we have goals. Can anyone say we will get them all?
Normally I don't explain about our positions. We are expecting $1-5$-10$-20$. Come on buy us.
I openly say that I will leave Bitcoin and Ethereum.
We also think that the third BlockChain that everyone is looking for will be etc.
We also calculate the etc. What should be the market cap for it to be 1000$.
1. Ethereum
2. Bitcoin
3. Ethereum Classic
4. Cardano
5. Binance Coin
6. XRP
7. Link
8. ? LiteCoin
9. Bitcoin Cash
10. Xlm
11. ? Sol
12. Neo
13. Trx
14. ? Polkadot
15. ? Uniswap
BlockChain never fails. Because the internet never goes down. To turn off the Internet, you have to turn off the electricity. It's like a doomsday scenario.
We cannot say that the apocalypse will never come.
It is 100% risky. You can lose all your money.
Take your decisions carefully.
There are all kinds of monsters on the market. Don't forget to set Tp and Stop-loss.
Don't look at us. We are Corporate.
We don't do any damage.
We wait 1-5-10-20-30-50 years.
This company will be inherited to our children.
We have guarantees such as $,€,£,Gold ,Silver ,Copper ,iron ,Eurobond ,Us bond, in order not to sink. In short, we are everywhere.
We try to be a part of the team, from the cola you drink to the medicine you use.
Transfer crypto to Ledger and forget it. It will either fly or it will be 0$.
Anyone who thinks the opposite of what I'm saying can short sell. earn a lot :)
Ethereum in a Bear flag.The price of Ethereum has formed a flag formation, which has been formed from a leg
down, meaning it's a flag with bias to break to the downside.
If the price finds support at $2250, it still has potential to change the trend.
However a full candle break below $2250 can lead to some serious losses, so be careful.
A break below $2250 will see extended losses to $2080, while break below $2080 can easily reach support at $1900.
Ethereum in a Falling wedge.The price of Ethereum has been spotted in a falling wedge pattern which has bias to break to the upside.
This pattern breaks to the upside even in downtrend as such. If this pattern breaks to the upside, it will be considered as a trend changing pattern.
The 4h trend is now a clear downtrend as the price continues to find resistance at 20 EMA.
RSI trend of lower highs, trend line resistance is active, however a bullish divergence is forming.
MACD is in what I call "unsustainable territory" and a move to neutral levels is expected. (0)
The most pessimistic scenario would be gains capped at $2500, which would prolonged the downtrend furthermore.
The daily time frame is very oversold and is calling for an oversold correction to the upside.
4h price action may print a nice Doji candle!
A quick word about the whole market, I believe a move to the upside will occur which will try to leave as many people as possible behind. Bitcoin is regaining it's dominance to don't fiddle with altcoins.
Good luck!
MY MINIMALIST CHART ANALYSIS FOR $ETHEREUM$ETHEREUM - ETHEREUM ON A DAILY CHART
5.25.21 1323H +8 PACIFIC
AN UPDATED ANALYSIS OF POST $BTC MAJOR DIP
MY PRACTICE MINIMALIST ANALYSIS
ENTRY AND EXIT POINTS FOR A SWING TRADE
USING RANGE BOXES AND FIBS (NO INDICATORS)
DISCLAIMER:
Run your Fibs at all times to verify
price action corrections and extension
levels. The Range boxes by themselves are
used as confluence to The Dynamics of
the Market.
Check pattern formations and candlestick
formations if you wish.
WARNING:
This is not a piece of financial advice
and is purely based on my personal trading psychology,
risk appetite, and trading strategies that are applied in real-time.
Forecast of Areas of Value is purely based on the plausibility of what the market can do
(corrections and retracements.)
I am just a student and still learning:
1) I am being trained to analyze as a minimalist and
with no use of indicators.
2) Only to open a trade on what I see
and to forecast what I think the market will do,
based on several factors it has done in the past.
3) I am being trained to SPOT and go for LONG SWINGS of an UPTREND.
I do not SHORT for the sake of THE DUMB-MONEY like me.
TRADE CAUTIOUSLY! YOUR INVESTMENT IS AT RISK!
ETH buy the dip.ETHUSDT - Intraday - We look to Buy at 2181 (stop at 2078)
The primary trend remains bullish.
Broken out of the wedge formation to the upside.
A bullish reverse Head and Shoulders is forming.
We look to buy dips.
We look for a temporary move lower.
Our profit targets will be 2478 and 2578
Resistance: 2500 / 2600 / 2750
Support: 2250 / 2150 / 2000
ETH The fall targets have been fulfilled, now we expect growthSo the future has come, and it turned out that our foresight for ETH turned out to be a cruel reality.
Less than two weeks have passed since the previous idea for ETHUSDT was published, and it worked out all the goals from below.
By the way, the idea of ETHUSDT was included in our top 15 correction forecasts for the last two months
Ethereum was drained by -60% - this is the average mark for the market, thin and less liquid coins were drained by 70-80+%
Now, in general, we expect an upward rebound in the crypto market.
In particular, for the ETHUSD pair, we expect a rebound to the $3000-3300 zone, where the longs should be covered and looked around.
What are your expectations and attitude for the next 3 months in the cryptomarket?
Share your Top-3 coins that were the most worthy on the fall, where do strong and confident investors sit?
and the crypto community will thank you with likes, maybe even donations)
_______________________________
Since 2016, we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05% . If we help you to be calmer and richer - help us to be happier :)
ETH Buy a break setup.ETHUSDT - Intraday - We look to Buy a break of 3612 (stop at 3488)
The primary trend remains bullish.
Pivot resistance is at 3610.
A break of bespoke resistance at 3600, and the move higher is already underway.
Short term MACD has turned positive.
Our profit targets will be 3948 and 4048
Resistance: 3600 / 3800 / 4000
Support: 3400 / 3280 / 3200