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Etherium

Etherium to $3800 or $3000 first?Hello all. Looking at ETHUSD on the daily timeframe we see that etherium is trading inside the (white) ascending symmetrical channel. As we can see etherium is currently facing resistance at the current price level, which in fact is the top of this symmetrical channel at $3300. With the ongoing etherium 2.0 hype, etherium has a greater chance of breaking up towards the $3800 target which is the next resistance. This level is also the measured move target of a symmetrical triangle (not drawn in this chart). However, since etherium is currently sitting at the top of the channel and also the stochastic rsi is in the overbought territory, there is a small but bossible chance that we can retest the bottom of the channel, and the psychological $3000 level. I am bullish on etherium as long as the price trades above the 50 and 200 day EMA's. Thanks for reading, and stay tuned. Enjoy.
COINBASE:ETHUSD
by EdgarTigranyan
3
ETH Elliott WAVE 4th wave complex correction ETH Waves 1 H Time frame : 1st wave : $2493-$2757 2nd wave: Sharp Zig-zag correction nearly Fibonacci 61.8%(0-1) 3rd wave: 161.8% of 1st wave 4th wave: As per the alternation rule of correction, 2nd wave was sharp and deep so 4th wave may shallow and complex correction. triangle correction is expected. 23.6%(3rd wave ) @ $2891 38.2% (3rd wave ) @ $2831 So 4th wave may complete near $2891 or $2831 or in-between as triangle complex correction. 5th wave : If 5th wave is normal : Target $3100 If 5th wave is extended then we may see $3340 #etherium #eth #elliottwave
BITSTAMP:ETHUSDLong
by Elliottwave-Edge
Etherium about to throw hard.Always been a BTC guy, but ETH about to throw hard. If it doesnt, I have safe stops so am willing to risk it. Also finding support on 1 day MA50, already had the back test so your prob safe on a stop hunt. Honestly I think ETH leads us out of this dip. If we dont climb out on these 1 day moving averages for both BTC and ETH in the next few weeks im calling 2 year extended bear. Dont think so tho, ETH (and copies like solana and whatever) have finally started to make Killer Apss in rugging normal people (NFT's). It is the perfect vehicle to take from greedy MF's and I think the market will support it, but only time will tell. Cheers everyone.
COINBASE:ETHUSDLong
by A5gamakatsu
5
Ethereum’s Half Trillion Dollar Bullish SignalCryptocurrency market research firm IntoTheBlock has just revealed that more than $500 billion worth in Ethereum (ETH) have been pulled out from major crypto exchanges in the past 72 hours. According to the firm’s data, the year’s largest outflow consisting of 180,000 ETH with an average price of $2,750 occurred on Tuesday, a figure that also represents Ether’s greatest aggregated exchange outflow since October. IntoTheBlock explains that the occurrence, which also includes 190,000 ETH deposited into Lido platform’s Ether liquid staking, is a bullish sign for the price of ETH given that when such outflows have taken place in the past, the crypto has jumped by 15% in 10 days.
COINBASE:ETHUSD
by surrebuttingtwo
#ETHUSDT Reasons WHY ETH could reach $5k by the May 2022!!Gained 2k new followers in the last 6 weeks. Thank you so much to all of you for your consistent support. Now, let's get to the chart. ETHUSDT is trying to break out of the channel. A daily close above the channel would confirm the breakout. It has been almost 128 days since the price is trading inside this falling wedge channel. Technically a successful retest with green candle confirmation would result in a positive rally towards $3k $3.5k and even $4k. Few conditions need to be fulfilled here:- 1. It maintains the channel resistance turned support. 2. Previous breakouts above the blue MA have resulted in a multiweek green market. 3. The blue MA needs to get above the Red MA which will be a positive sign. 4. As per fractals it could roughly reach the $5k target if the above conditions are done. 5. From possible bottom to higher target takes 114 days which gives us 3rd week of May 2022. Do observe the chart there is more information given, do observe. My thoughts:- I am bullish on ETH looking at the current PA but one more shakeout to trap the bears and liquidate the late longs would be the best time to enter if you don't have it yet. $2422 to $2600 is the best area to buy with an invalidation point of a daily close below $2177. Hope it helps, if it does do hit the like button and share your views in the comment section. Thank you #PEACE
Long
by Cryptorphic
3
ETH is above crucial supportETH is above crucial support. this support is marked in the chart. this support line is also a neckline for a double top pattern of ETH. If it is broken, we will see a heavy drop in the value of the ETH. Right now, as you can see from the chart at the bottom right, we are seeing a price squeezing above the support line. It is recommended that no trading decision be made until a breakout has occurred. Renko's analysis shows respect for MA40. This will reduce the price to the previous level of support. Ichimoku analysis confirms this.
by cryptoonchain
ETHUSD LONG POSITION CLOSE TO BREAKOUT!ETHUSD broke downtrend and started forming triangle pattern, already bounced once, now we are waiting for retracement to the bottom of triangle, and break out at the top and rise till 50% fib zone at 3564 zone, my entry point would be 2579 since there is a 50% fib zone and also it should hit Bollinger band at that point since it did it before (Also if you want even bigger risk to reward ratio you can enter at 2560, but there is more chance to get a breakout down and hit stop loss) and stop loss at 2271, it is more risky entry, since it could be a fake out and it could go back into down trend if you want a safer entry you can wait until it breaks out at the top of the triangle at (2848) and even wait for a retrace back after breakout, to make it as safe as possible but the reward will be significantly lower.
BITSTAMP:ETHUSDLong
by vf_investment
#ETHUSDT is BULLISH Above this level. Don't FOMO!!Welcome to this extensive analysis of Etherium. If you are reading my updates for the first time, make sure you follow me if you want the most complex charts Explained in the most simplified manner. I also post margin and futures trade setups. Now, let’s get to the chart. ETH broke all the support like BTC and made a low of $2300. In our last trade, we got stopped out at $2920. Currently, ETH is entering the resistance cluster. Once we break above the $2885 area it is highly likely that we will see some rallies further above the $3k zone. SO $2885 or we can simply say that the price needs to break and close above the blue MA along with the falling expanding channel. CONCLUSION:- ETH needs to break and close above both the channel and the blue MA in order to enter a new rally until then it is hitting resistance. Also, the pattern is bullish with buy-side momentum increasing throughout the market, which is a good sign. Let's just wait for this confirmation., ETH is a long above $2900 with SL below $2682 Invalidation:- Daily close below $2682 What do you think of this chart? Do share your views in the comment section and do not forget to hit the like button. Thank you #PEACE
by Cryptorphic
6