Etherium - Next stop $2662Etherium started falling massively yesterday although my Time calculations suggested today as a day of the first fall. I think Elon got something to do with it :) We can observe a beautiful Head and Shoulders pattern indicating that the bottom of that fall will be at around $2662 USD and that is where I'll be taking profits from my short positions. Everything looks and behaves very technically and is worth paying attention to. Similar situation on BTC.
Etherium
CRYPTO INDEX ANALYSIS!After an aggressive bullish rally the CIX needs a consolidation. We recognize that the ascending trend line is now broken and its probable that the chart will fall to its previous high which was a resistance and now becomes a support for the chart.
Meanwhile the Fibonacci 0.5 line is considered to be the next supporting force for the chart which is matched to the previous high and the RSI indicator is in the "over-sold" area. These factors combine means that the end of the bearish trend is near.
But the tweets from Elon musk and other crypto magnates should play a crucial role in this volatile time of the market!
ETHETH - Reached an ATH and is overbought. Two Doji candles appeared before the bearish engulfing candle coupled with a lot of selling. It retraces to the $3500 levels, and buyers saw this as a good entry. The momentum slowed down but still above the VWAP and nine-day moving average. If ETH doesn't defend $3500, it can quickly see $3000.
ETH Targets and Exit plan 📣Hello Traders. Hope you are having a fantastic day.
Today I want to talk about ETH. As you can see ETH is continuously making ATH`s. What is the exit plan and TP`s?
Well as you can see, right now ETH is trading above the 2.168 fib level and weekly candle has closed above this level so ETH is extremely bullish right now.
Next targets for ETH are next fib levels as shown. First is 5k which is the 3.168 level and next targets are 5822 and 6339. So in my opinion you should keep
an close eye on those targets. Personally I think 6k+ is a good take profit point but you do you.
If you want to check out my other analysis , I have linked them below and also don`t forget to follow me for further updates and new analysis.
Thank you guys for reading my idea on ETH and don`t forget to comment what you think. ✌
#ETHBTC just broke out of this Patten. I40% Rally Incoming.Welcome to this quick update, everyone.
ETH broke out of the 995 days Long Resistance.
I believe 140% pump is incoming.
Just look at the chart it simply looks bullish.
CMP is .0495 and it can easily go from 0.10 BTC to 0.15 BTC in the next few months.
This chart will be invalidated only after a close below 0.037 BTC WHICH SEEMS HIGHLY UNLIKELY.
The first ETH CHart I posted was around .016BTC when I said it's gonna pump from there that and was the bottom.
It's currently 300% up from there.
I have been holding on SPOT from a very long time.
If you like this update do hit the like button and share your views in the comment section.
Follow me if you haven't yet
Thank you
#PEACE
ETH possible playoutETH / USD
Ethereum respected this channel since late dec 2020
Currently price is trading around middline of channel
I think we will have a bullish wave soon
either from middle line Support or bottom of channel
For a new position i think lower support of channel is more attractive to me if the market will give us opportunity
Good luck
Ethereum Analytics (short-term)Based on the Similar Patterns in Analytical Studies I can see this pattern for the short-term future and I think if the coming wave can't pass that deciding point then we will have a big Short Opportunity ahead of us. let me know if you think otherwise, I would like to read your opinions
ETHEREUM - Target $6,000 - Still Some Good Gains To Be Made.This is idea is based on the latest wave analysis done on Bitcoin and Litecoin.
Upside Target $6,000
Support $1,291
After this move is complete I expect a reversal to occur.
I do not just use one chart to understand the bigger picture..
This prediction was made using the AriasWave methodology.
See relates ideas linked below.
If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
Just remember: I am not a financial advisor, I suggest using this only as a guide. Always do your own research.
SNX long position potentialLooking for various indicators in confluence to solidify confidence in SNX long term.
Stop loss 18-19 dollars
Target: set up various targets on the way up 25/30/40
Loading: ladder your position in slowly.. it's a long position and dependent on etherium movement
Please ask any questions.